Freehold Public House/investment Opportunity F/h £325,000 North Lincs Offers Considered | | Undisclosed Lincolnshire | | NORTH LINCS F/H PUBLIC HOUSE/INVESTMENT PROPERTY 0.75 Acre Site/40 Car spaces Outline PP granted for accomd A/T: £114,400 GP: 56% Huge scope / must view F/H: £325,000 + SAV REF: 8514DN | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 24522
ADVERT IMPRESSIONS : 51,328 TIME(S) | | | | BUSINESS SECTOR: | Commercial Property | | TRADE TYPE: | Investment Properties | | SALE: | Agent Sale | FREEHOLD: | £325000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business occupies a prominent position on a main road with a good level of passing traffic.
There are excellent parking facilities with a large customer car park for approximately 40 cars.
Situated in a rural North Lincolnshire village, the business is located in a predominately residential area with access to the M180 with the Humber Bridge some 7 miles away.
THE BUSINESS
Advent Business Sales have been instructed to offer for sale this long established public house with significant potential.
It has been in the current vendors hands for the last 4 years and is offered for sale due to retirement plans.
There are two separate bars, which have been decorated, in a traditional style.
The premises benefit greatly from the external seating area which has been fully decked out to a high standard.
There is huge scope and potential to offer food as a new fully equipped commercial kitchen has just been installed .
The Public House benefits from being totally free of tie, which allows a greater profit margin.
The Freehold Public House is well situated on a plot of approximately 0.75 of an acre.
We have been advised that previous Outline Planning permission has been granted to build 3 houses and a bungalow. This would be an ideal investment property.
The property is double glazed, alarmed and has CCTV in operation.
TRADING HOURS
Mon – Thurs: 1.00pm – 1.00am
Fri – Sun: 12 noon – 2.00pm
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £115,000
Gross Profit: 56%
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
Ground Floor
Main doors through to 2 bars with seating capacity of 30 in each bar
Gaming machines and cigarette machine
Ladies and gents toilets
Fully fitted commercial Kitchen
Large ground floor cellar area
2 further entrances
access to first floor accommodation
First Floor
Spacious living accommodation
2 generous sized double bedrooms
large lounge leading to dining room
family bathroom
External
Large decked patio area
Gravelled driveway
Iron gates (remote control)
Car parking for 40+ cars
Double private garage
Further large expanse of open land
TENURE: Freehold
We are advised that the annual business rates are currently: £992.25 | | | | | | FOR SALE | | | | | REFERENCE: | 8514DN / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
