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BUSINESS REFERENCE : 10289 / RightBiz LEASEHOLD PUBLIC HOUSE FOR SALE IN STAFFORDSHIRE | | | | | | Food led Public House Acres Nook, Stoke on Trent Semi rural location. T/O: £320,000 GP: 52% approx. 64 cover restaurant. Award winning reputation. Spacious living accommodation. Leasehold: £125,000 + SAV | | | BUSINESS LOCATION: | Stoke-on-Trent Staffordshire UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Pubs Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £64,000 + SAV | ANNUAL RENT: | £52,000 | | | | | | | | | | | BUSINESS DETAILS: | Location
The Rifleman is ideally situated on a beautiful country road leading from the suburb of Acres Nook into the Staffordshire countryside. In the surrounding area there is a high number of factories and industrial parks whilst good levels of trade are also drawn from the local Rotary and Probus groups. The local population is growing with a number of housing developments being built in the Kidsgrove and Stoke area. The business is located a short distance from the M6 making it easily accessible for visitors from the North-West and the Midlands whilst the centre of Stoke-on-Trent is only 9 miles away making it an excellent dining choice for more local residents.
Business History
Bag a Business is delighted to offer to the market this extremely profitable public house situated in an excellent position surrounded by beautiful Staffordshire scenery. Our client's involvement with The Rifleman originally started in late 1980s as Head Chef and he established an excellent reputation for his famous steak pies; in 2003 our client took over the pub with his wife and with a small team of family members. The Rifleman is only now being placed on the market due to our client's wish to enjoy a change of lifestyle and pursue other interests. The business has built to a high turnover of £320,000 with a growing gross profit of 52%. The turnover is derived from a range of home-made food and a welcoming atmosphere and, as well as regular customers, the business enjoys good levels of trade from less usual avenues such as Virgin Vie parties, Ann Summers parties and Bookclubs. The business no longer advertised for trade as our client has looked to run the business to a pace of life that suits them and advertising will usually increase diners past the comfortable 120-130 covers at a weekend. In addition to the food aspect the pub has a strong social side with two existing darts teams and a third ready to start for the new season. This exceptional opportunity is completed by three bedroom living accommodation. We feel that this is an excellent base for a new owner to build upon by perhaps extending opening hours, pro-active marketing and extending the restaurant.
ACCOMMODATION DETAILS
Detached building that is believed to originate in the late 1800s and was later converted to its current role as a public house. It is a two-storey building of brick construction with living accommodation accessed through the public house. Briefly comprising:
GROUND FLOOR
64 cover restaurant
Public bar
Commercial kitchen
WC facilities for the bar and restaurant
Widescreen television area
Dart boards
Cellar
Access to the first floor
FIRST FLOOR
Living accommodation offering;
Double bedroom 1 with en-suite shower room
Single bedroom with toilet and washbasin
Double bedroom
Large room that has previously been utilised as a kitchen or bathroom
Good sized lounge
EXTERNAL
Car park to the front aspect offering parking for approximately 15 cars
Car park to the rear aspect offering parking for approximately 25 cars
FINANCIAL PROFILE
W/T: £6,100 approx.
GP: 52% approx.
OPENING HOURS
Mon 7:00pm -11:00pm
Tue 6:00pm - 11:00pm
Wed - Sat 12:00pm - 3:00pm and 6:00pm - 11:00pm
Sun 12:00pm - 10:30pm
ADDITIONAL INFORMATION
Wet/Dry split: 60/40
27 points of dispense with 32 optics
Brewery: Punch
TENURE
Tenure: Leasehold
Original lease length 10 years
Remaining lease length 5.5 years
Review every 5 years
Rent £1,000 per week | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 10289 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
