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Large And Prominently Sited Community Pub On The Outskirts Of Sunderland

Sunderland Tyne and Wear
Comprising of a bar,lounge and games room on the ground floor with a large function room to the 1st floor with 150 capacity and large 3 bed owner's flat. Currently trading on wet sales alone the business offers any new owner the scope to introduce food.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 25160
ADVERT IMPRESSIONS : 32,239 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Pubs
SALE: Agent Sale

FREEHOLD:

£275,000
 

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BUSINESS DETAILS:

* Prominently sited community public house
* Huge scope to increase food side of business
* Function Suite on first floor with occupancy of 150
* 3 Bed owners accommodation


SITUATION
Prominently sited on the junction of Commercial Road and Ocean Road in Grangetown, Sunderland, approximately 2 miles from the City centre and only a short walk from the coast.

BUSINESS
The business is presently trading on 2 floors. The ground floor comprising a large open plan bar and lounge area with horseshoe shape bar servery accessed from all areas. The bar and lounge are both furnished with perimeter bench seating and loose tables and chairs. Adjacent to the bar is a pool area which houses both pool table and darts area. The lounge also houses an additional darts throw. To the rear of the bar is a dining / additional lounge area currently set with loose tables and chairs for around 30 customers. Completing the ground floor plan are the male and female toilets, cellar and access to the first floor function room.

The first floor comprises a large L-shaped area with occupancy of 150 people. This area is furnished with perimeter bench seating and loose tables and chairs and is served from a large bar servery. The function room also has a large stage / dance floor area. This area would be ideal to increase current function bookings together with the introduction of food giving any potential purchaser scope to increase trade immediately. Additional female toilets are also located in this area.

OWNER’S ACCOMMODATION
The accommodation briefly comprises lounge, kitchen/dining, 3 bedrooms and large bathroom.

EXTERNALLY
Within the site boundary there are a number of external outbuildings currently used as storage together with an outdoor smoking / patio area.

TRADING HOURS
Currently trading limited hours of:
Monday to Friday – 6.00pm to 12.00 midnight
Saturday and Sunday – 12.00am to 12.00 midnight

FIXTURES AND FITTINGS
We are advised the fixtures and fittings are owned outright.

STAFF
The business is operated by our clients as a husband and wife team with the assistance of part time members of staff.

LICENSES
The property has a Premises License granted permitting the business to trade between the hours of 11.00am and 12.00 midnight seven days a week.

TRADING INFORMATION
We are advised by our client that the business currently has an average turnover of around £2,500 per week.
Accounts will be made available to genuinely interested parties who have viewed the business.

TENURE
Freehold £275,000

SERVICES
We understand that the property has all mains services.

VIEWING
As this business is being confidentially marketed, all viewings must be made through this office. No direct approach should be made to the owner or the business itself.


MISREPRESENTATION ACT 1967 & PROPERTY MISDESCRIPTION ACT 1991
These particulars are provided only as a general outline of the property referred to. Parties should make their own enquiries and inspection of the property to satisfy themselves as to the accuracy or otherwise of the information given. Other than this general outline neither we nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the property referred to above.
   
  FOR SALE
   

REFERENCE:

1680 / RightBiz
   
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