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BUSINESS REFERENCE : 10564 / RightBiz LEASEHOLD PUBLIC HOUSE, RHUDDLAN, DENBIGHSHIRE | | | | | | Public House Rhuddlan, Denbighshire A/T: £246,220 GP: 46% Prominant Position. Thriving Business. Scope to Introduce Food. | | | BUSINESS LOCATION: | Undisclosed Clwyd UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Pubs Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £98,500 + SAV | ANNUAL RENT: | £25,000 | | | | | | | | | | | BUSINESS DETAILS: | The Castle Inn is located in a prominent and highly desirable trading position on Castle Street, within the centre of the picturesque village of Rhuddlan, in Denbighshire, North Wales. This substantial two-storey period property has an attractive wide frontage with a large car park opposite. It is within the heart of a popular residential area from which it generates much regular repeat custom. The famous Rhuddlan Castle is close by, and the village is regarded as the site of the first Welsh Parliament and is steeped in heritage, with an old abbey and prehistoric hill fort. The area is a haven for visitors and tourists all year round with numerous award-winning attractions nearby. Rhuddlan is easily accessible, being just off the main A525, Rhyl to Rhuddlan road, and on to the A55 Expressway.
Bag a Business is delighted to offer for sale this thriving and highly regarded leasehold public house business in such a prime trading location within the village of Rhuddlan. The Castle Inn has been established for over 200 years and has built up an enviable reputation throughout the region. Currently the business has an annual turnover of £246,220 achieving a 46% gross profit on a 100% wet basis. There remains significant potential to increase turnover further, through the introduction of food, if desired. The premises are particularly attractive with period features and exposed beams throughout, and already has a fitted commercial kitchen. The business is well supported, from throughout the local residential area, with a darts team, dominoes team and a weekly quiz team. The rear of the property has a unique enclosed, covered yard as well as an external pool table and a spacious rear patio, which is a popular sun-trap in the summer. This is a particularly attractive purchase as the premises also have spacious three-bedroom private living accommodation. This is a unique opportunity to purchase such a thriving and well-established business in such a prime trading location. Early discussions with Bag a Business must come highly recommended.
FINANCIAL DETAILS
W/T: £4,820 approx.
GP: 46% approx.
OPENING HOURS
Sun - Thurs: 12.00pm -12.00am
Fri & Sat: 12.00pm -1.00am
ACCOMMODATION DETAILS
Substantial two-storey property in a prominent trading position within centre of the village. Briefly comprising:
GROUND FLOOR
Main entrance, lobby
Lounge bar with 7 taps, tables, chairs and perimeter seating
Public bar: with 12 taps, tables, chairs and perimeter seating,
Jukebox, fruit machine, darts board, big-screen TV
Ladies WC, Gents WC - accessed from both bars
Commercial kitchen with commercial grade flooring throughout, 2 Lincat fryers, worktops, grill, double sink, double toaster, hand sink, microwave
Ground floor cellar and separate chiller room,
Additional yard and external dray access
FIRST FLOOR
Self-contained private living accommodation with separate internal as well as external access. Briefly comprising:
Lounge
Kitchen and dining area
2 double bedrooms
Single bedroom/office
Bathroom - bath with shower above, WC and basin
EXTERNAL
Attractive wide frontage
Private pub car park opposite for 20 plus vehicles
Enclosed and covered rear yard with pool table, 2 picnic tables, rear patio (sun-trap), and additional picnic tables
TENURE
Leasehold
Original: 21 years
Remaining: 17 years
Review every: 5 years
Rent: £25,000 per annum
Brewery: Marstons
| | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 10564 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
