| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 4,168 TIME(S)
BUSINESS REFERENCE : 10376 / RightBiz LEASEHOLD: PUBLIC HOUSE FOR SALE IN VALE OF GLAMORGAN | | | | | | Public House Vale of Glamorgan T/O: £287,400 GP: 59% Popular and thriving community public house. Located within the town of Barry in a busy residential area. Scope to introduce food sales. Ref: 10376 | | | BUSINESS LOCATION: | Undisclosed Mid Glamorgan UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Pubs Public Houses | | SALE: | Agent Sale | LEASEHOLD: | ££149950 + SAV | ANNUAL RENT: | £34216 | | | | | | | | | | | BUSINESS DETAILS: | Location
The Admiral public house is situated in a popular location within the town of Barry, in South Wales. It is situated at the entrance to Barry town centre and is surrounded by densely populated residential areas. The train station is immediately next door to the public house, linking Barry to the Cardiff line, which takes passengers to Bridgend, Cardiff Airport and Cardiff city centre. The Admiral boasts a large car park to the rear of the property that could accommodate somewhere in the region of 25 cars. Barry is located less than 3 miles from Cardiff International Airport and is only a short drive to the centre of Cardiff via the A4050.
Business History
Bag a Business is delighted to offer for sale this extremely large public house in South Wales. The Admiral is ideally situated to generate trade from both the local area and the busy train station, whilst attracting custom from further afield with its skittles team, pool team, darts team, live bands and quiz nights. Of particular note, we are informed by our client that the pub is on an original Whitbread lease, therefore benefiting from minimal ties on alcohol and soft drinks and no ties on the gaming machines that offer excellent revenue in addition to the bar takings. Our client has only now placed the business on the market due to his wish to pursue other interests. The private accommodation has been upgraded and includes a fully tiled bathroom and beautiful kitchen. We feel that this is an excellent base for a new owner to build upon and increase the takings, perhaps by re-introducing food sales, proactive marketing and refurbishing the third floor to provide letting bedrooms. Early viewing is strongly recommended to appreciate the potential this business has to offer.
PROPERTY DETAILS
Three storey building of stone construction providing a large trading area, living accommodation and a third floor that could be utilised for letting rooms. Briefly comprising;
GROUND FLOOR
Large trading area with fully equipped bar
Gaming machines
Pool table
Dart board
Commercial kitchen
Access to the cellar
W/Cs
FIRST FLOOR
Three double bedrooms
Office
Family bathroom
Kitchen
Lounge
Dining room
SECOND FLOOR
Opportunity for somewhere in the region of 3-5 letting bedrooms (subject to appropriate planning permissions)
EXTERNAL
Large car park for approximately 25 cars
OPENING HOURS
Mon & Tue: 3.00pm - 11.00pm
Wed: 1.00pm - 11.00pm
Thu: 2.00pm - 12.00am
Fri: 12.00pm - 12.00am
Sat: 11.00am - 12.00am
Sun: 12.00pm - 10.30pm
FINANCIAL DETAIL
W/T: £5,500 approx
GP: 59%
TENURE
Leasehold
Original length: 25 years
Remaining length: 5 years
Rent: £658 per week | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 10376 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
