Freehold Public House For Sale In Bedfordshire | | Luton Bedfordshire | | Freehold Public House Luton, Bedfordshire. Advived weekly T/O: £3,700 GP: £84,355. Prime trading location. Excellent property investment. Good profit margin. Private accommodation with 2 double bedrooms (1 en-suite). | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 12384
ADVERT IMPRESSIONS : 18,216 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Pubs | | SALE: | Agent Sale | FREEHOLD: | £525000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Amberglobe is delighted to offer to the market The Great Northern public house, which was established over 180 years ago and has been in our clients' careful ownership since 1985. The business is only now reluctantly offered to the market due to ill health. This is a freehouse and benefits from a more mature and regular clientele, as well as a vast amount of passing trade and the prices are very competitive. Being a freehouse, the business has excellent purchasing power and the benefits are passed on to the clients. Currently the public house is run by a manager with the help of three staff members, therefore there is scope to increase turnover by the business being owner run and increasing the prices, as well as introducing food sales. Planning permission has been granted for a three-storey extension making the property a lucrative piece of real estate. The business has a net profit of £40,000 (fully managed), and the barrelage is 250 plus. Early discussions with Bag A Business must come highly recommended.
FINANCIAL DETAILS
T/O: £156,050 net approx
GP: £89,355 approx
TENURE
Freehold | | | | | | FOR SALE | | | | | REFERENCE: | 8800 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
