Financial Details
Asking price: £71,000
Sales revenue: £143,000
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed

  • Photograph of this business for sale

Business Description
Advent Business Sales are delighted to offer to the market this extremely well established public house, origins of which go back to the turn of the 20th Century.

The current vendor has been in ownership for the last year. The owner is reluctantly selling due to owning a second public house, which is nearer to her home, making this one difficult to run efficiently.

The pub is 100% wet sales with both pool and darts teams. It has a downstairs commercial kitchen, which could easily offer good ‘pub grub’, therefore adding to the profitability.

The décor is up to standard with good fixtures and fittings.

The pub has a large upstairs function room, which is being rented out as a large Indian restaurant with fully equipped kitchen. Alcohol sales from this restaurant form part of the pub’s takings.

The customer base is local as well as from other outlying villages, as well as a good boat trade from the canal, particularly during summer months.

Two part time and the owner full time staff the business.

We are advised that stock at cost is approximately £4,000.
REF: 9060B
General Information
Employees:Two part time and the owner full time staff the business.
Trading hours:Mon-Thurs: 5am – 11.30pm Fri-Sat: 12 – 1am Sun: 12 – 11.30pm
Property:Leasehold
Lease terms:TENURE: Leasehold Original lease: 20 years Remaining lease: 19 years Review every: 5 years Rent: £17,500 P.A. We are advised that the annual business rates are currently: £2,063.00
Location:Our clients business is conveniently located on a main road by a canal, in an attractive South Staffordshire village.

There is a ‘new’ residential estate opposite the pub with mixed accommodation in the surrounding area.

It has a sizeable car park to one side of the building and a convenient walk way down to the canal, which is much used particularly during the summer months.
Premises Details:The pub has a two storey building with two front entrances, one to the public bar, the other to the lounge. From the public bar entrance there is a pool table and darts as well as a wall mounted tv. The bar is to the left, the doorway to the rest of the pub is to the rest of the bar on the left.

From the lounge entrance there is a door to the left to a large garage, to the right is the lounge, which is split level down to the bar area, at the rear of the upper level is a doorway leading to the rest of the pub, which includes the ladies and gents w/c and a doorway to the commercial kitchen and a stairway to the first floor.

The first floor consists of a two double bedroom flat with a large living room, bathroom and separate w/c. This leads to the prep and washing area for the kitchen of the Indian restaurant.

Further on is the kitchen and a doorway into the restaurant for service only. The main entrance to the restaurant is reached by an entrance at the left hand side of the pub to the back of the building, thus giving this area a separate identity from the main house.

The equipment in the Indian restaurant and kitchen does not belong to the pub.

The 5 pictures in the lounge bar are not included in sale.

External – paved to roadway with side car park and deep forecourt.

The pub has two large garages to the left of the building, one has been previously mentioned. There is a possibility that these could be modified to add to the lounge area.
There is excellent scope to offer good uncomplicated ‘pub grub’ from the existing down stairs kitchen, something which is constantly asked for.

This would offer a young enthusiastic couple a fantastic opportunity to own a read first business with instant earnings and potential.
Financing available:Please let us know if you require finance for the purchase of a business
Related documents:PDF document iconSales Particulars

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