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BUSINESS REFERENCE : 10159 / RightBiz LEASEHOLD PUBLIC HOUSE FOR SALE IN CHESHIRE | | | | | | Public House Cheshire T/O: £390,000 GP: 50% Well established business. Prime trading location. Scope to develop food trade. Owners' 3 double bedroom accommodation. Large beer garden. Leasehold: £89,000 + SAV | | | BUSINESS LOCATION: | Nantwich Cheshire UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Pubs Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £89000 | ANNUAL RENT: | £35000 | | | | | | | | | | | BUSINESS DETAILS: | Location
The White Horse Inn is situated at the entrance of the one-way system, running towards Nantwich, on a busy town centre shopping street and is surrounded by a wealth of complementary shops and businesses. There is a large car park to the rear of the pub with parking for approximately 20 vehicles, however there is potential to increase this area. The business draws trade from the surrounding area and in particular, in the Easter holidays it holds a 3 day jazz festival, which is very popular and attracts up to 10,000 customers a day. Nantwich is known as the floral capital of Cheshire and has received a plethora of awards. It benefits from excellent transport links and is a meeting point for the A51, A500, A529, A530 and A534. Nantwich Rail Station is also on the Crewe line.
Business History
Bag A Business is delighted to offer for sale this superbly presented public house situated in the highly desirable South Cheshire town of Nantwich. The business has been in the hands of our client since 2006 and is only now offered to the market due to his wish to pursue other business interests. The inn is run at a pace to suit our client, however it offers tremendous potential for future development. The pub operates from a strong wet basis, although our client has also worked to develop the dry side of the business, and achieves a turnover in the region of £390,000 per annum. There is plenty of demand for food and a new owner is provided with an immediate opportunity to develop turnover by extending the current menu, and by executiing the existing planning permission to construct a covered smokers' area in the beer garden. The business generates trade from its excellent location at the entrance to the one-way system, and has built up an enviable local reputation for its superb atmosphere and service. This is an excellent opportunity for those looking for a lifestyle change opportunity, or an experienced operator looking for a busy pub with good opportunities, in a semi rural location. Early discussions are strongly recommended.
PROPERTY DETAILS
Two storey, brick built building with spacious three bedroom accommodation, briefly comprising:
GROUND FLOOR
Main bar area in excellent condition
Games area with pool table, gaming machines, TV and dart board
Ladies & gents WCs
Commercial kitchen
Cellar
FIRST FLOOR
Three double bedrooms
Large lounge with patio doors opening onto roof terrace
Large bathroom with three piece white suite
Fitted kitchen with utility room
Large hallway housing office space
EXTERNAL
Excellent beer garden to the rear comprising,
Outbuilding providing shelter for smokers
Seating area with approximately 24 covers
Car park for approximately 20 cars
The current owner has gained permission to construct a smokers' pagoda and to re-tarmac the car park
OPENING HOURS
Mon - Sat: 11.30am - 11.00pm
Sun: 12.00pm - 10.30pm
FINANCIAL DETAIL
W/T: £7,500 approx
GP: 50%
TENURE
Leasehold
Original length: 10 years
Remaining length: 9 years
Review every: 5 years
Rent: £35,000 per annum | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 10159 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
