Advent Business Sales - Pub Free Of Tie Lease For Sale

Financial Details: Asking price: £20,000; Sales revenue: Undisclosed; Net profit: Undisclosed; Fixtures value: Undisclosed; Stock value: Undisclosed

Business Description: We have been instructed to offer for sale this free of tie lease.

The current husband and wife team have decided to sell due to ill health and a desire to immigrate to Spain.

The establishment consists of:
• 24 cover spacious restaurant
• 4 ‘A’ frame beer garden tables
• Large commercial catering kitchen
• Separate prep room
• 2 bars accommodating up to 40 people
• Parking for 50 plus cars
• A bowling green
• Beer cellar
• External shed

To the first and second floors, there is extensive private accommodation suitable for working owners briefly consisting of:
• 3 double bedrooms
• Bathroom and w/c
• Lounge

The business benefits from:
• Extremely low rent and rates
• Free of tie
• Advantageous locality

Our client has only recently increased trading hours and has begun an advertising campaign within the Camra guide, together with sign posts on the main roads.

There is also scope to create a large children’s play area on the bowling green. Contacting the ramblers associations via the net would lead to further trade.

Serious buyers will need to move quick or loose out!

General Information: Trading hours:Mon: closed Tues – Sun: 12noon – 11pm; Property:Leasehold; Lease terms:TENURE: Leasehold Original lease: 10 years Remaining lease: 9 years Review every: 5 years Rent: £12,000 Extremely low overheads e.g water rates currently less than £20.00 per month. No business rates are currently paid (50% small business relief and 50% rural relief which means nil payable); Living accomodation:To the first and second floors, there is extensive private accommodation suitable for working owners briefly consisting of: • 3 double bedrooms • Bathroom and w/c • Lounge; Location:Our client is located in a lovely idyllic scenic countryside setting in close proximity of Ludlow (4.5 mils) and Tenbury (approx 5 miles).

The area is a tourist hot spot, especially in the summer season, due to the high number of holiday lets, as well as the highly frequented castle by tourists.

The setting is also popular for walkers and rambling societies, who frequent the locality regularly.

The free of tie public house is also the local community focal point as the nearest pub is 4.5 miles away.; Related documents:Sales Particulars

Advert Options

Add this business to 'My Folder' >> You can enquire on multiple businesses using this facility.
Register for Business Alerts >> to receive businesses like this via email as they are added to our site.
Back to businesses for sale list >>