Freehold Freehouse | | Undisclosed Gloucestershire | | This Freehouse has been in the same hands for the past 16 years and there are genuine reasons for sale. Large single bar with woodstrip floor. Tables, chairs plus bar stools providing seating for 40 persons. Bar with hand pumps, optics, 3 double door glass fronted counter fridges, 1 single door glass fronted drinks fridge, glasswasher, ice machine etc. Kitchen with deep fryer, 2 microwaves, 2 grills plus small panini toaster, sink and drainer, 1 chest deep freeze, 1 upright deep freeze, fridge Small beer cellar Gentlemen's cloakroom with 3 urinals, w.c. and wash hand basin Ladies' cloakroom with 2 w.c's, wash hand basin | | ADVERT NUMBER : 26212
ADVERT IMPRESSIONS : 27,382 TIME(S) | | | | BUSINESS SECTOR: | Commercial Property | | TRADE TYPE: | Licenced / Leisure | | SALE: | Agent Sale | FREEHOLD: | £400000 | | | | | BUSINESS DETAILS: | Location Situated end of terrace, densely populated residential and student area, easy walking distance of the town centre, GLOUCESTERSHIREOpening Hours Monday - Saturday inclusive - 10 a.m. - 3 p.m. & 7 p.m. - 12 midnight
Sunday opening - 10 a.m. - 2 p.m.Turnover WE ARE INFORMED the turnover is relatively low at present, however, in our opinion the Freehouse offers terrific potential in the right hands, possibly to be developed more as a wine bar/restaurant.Tenure AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 16 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTIONPrice OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £400,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTAccommodation At Garden Level there are 4 rooms with the benefit of a shared shower room with shower, w.c. and wash hand basin.
Kitchen with cooker, microwave and sink
These 4 rooms are at present let at £65 per room per week providing a total rental income at present of £1,040 per month.
External stair case to first floor which the present vendor is in the course of converting into 2 studio flats plus 2 small apartments and we understand that this work will be completed prior to the sale of the business.
The 2 studio flats with shared gas fired central heating will each comprise:
1 Double Bedroom
Shower room with shower w.c. and wash hand basin
Living Room
Kitchen
We understand that each of these studio flats could be let to provide a rental income of approx. £500 per month each.
In addition the vendor is developing 2 small apartments 1 comprising:
Bedsitting room
Shower room with shower, w.c. and wash hand basin
Kitchenette
Whilst the 2nd apartment will comprise:
1 Double Bedroom with en suite shower room with shower, w.c. and wash hand basin
Living room with kitchen area
We are further advised by the present vendor that the 2 small apartments could each be let to provide a rental income of £400 per month.Staff The business is at present operated by the vendor plus 1 part time staff | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
