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BUSINESS REFERENCE : 8103 / RightBiz FREEHOLD PUBLIC HOUSE FOR SALE IN ANTRIM | | | | | | Public House Antrim, Northern Ireland T/O: £988,000 GP: 56% Substantial profitable inn with two function rooms and good food sales. Scope to develop into hotel | | | BUSINESS LOCATION: | Antrim County Antrim UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Pubs Public Houses | | SALE: | Agent Sale | FREEHOLD: | £2700000 | | | | | | | | | | | BUSINESS DETAILS: | Location
The Ramble Inn is located in a highly visible position on the A26, the main arterial road heading north from Belfast. The inn draws its custom from passing trade and locals from the surrounding area. There is a huge car park to the rear of the inn and another to the side. Planning permission is currently being sought to extend the building to provide an additional 10 bedrooms, pushing the car park back into the area of ground directly behind, which is included in the sale. The total area of the site is approximately three acres and the potential to expand the inn into larger hotel is clearly there. The inn is set in an area steeped in history, and serves as a great base to explore the nearby forests, rivers, trails and Lough Neagh. The Ramble Inn lies just a half hour from Belfast, 10 minutes from Antrim Airport and 20 minutes from the Port of Larne.
Business History
Bag A Business is delighted to offer for sale this very spacious inn, which oozes charm and character. The oldest part of the building (which serves as the front public bar) is thought to date back to the 17th century, and has been extended and fastidiously maintained in keeping with the original features. The property is extensive and currently comprises a public bar, two large function rooms, a large restaurant area and a private apartment. Planning permission has been granted for a car park extension and for 10 bedrooms with a view to avail these rooms to the public. The present owner has had the inn since 1992 and has seen a healthy turnover, increasing year on year to its current level of approximately £19,000 a week, with a gross profit of 56%. The inn has come onto the market as the present owner wishes to pursue other interests. Business is currently derived from the four bars, food sales (400 dinners served on a Sunday) and private functions. There is a lot of scope to develop the business further, particularly on the hotel side, and Bag A Business urges early discussions, as we expect this property to achieve a prompt sale.
FINANCIAL PROFILE
A/T: £988,000
GP: 56%
OPENING HOURS
Mon to Fri: 11.30am - 11.30pm
Sat: 11.30am - 1.00am
Sun: 12.00pm - 10.30pm
PROPERTY DETAILS
Substantial, detached inn, with huge car park area and plot of land to rear.
GROUND FLOOR
Front Bar
Entrance to charming front public bar
Main drinks store with ice machine
CCTV system with cameras in all bars and three in car park
Seating for 20
5 points of dispense
Toilets
FIRST FLOOR
Self contained 1 bedroom apartment
EXTERNAL
Large car park
Plot of land circa 1.5 acre
TENURE
Freehold
ADDITIONAL INFO
Late entertainments licence 7 days a week. | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 8103 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
