Country Inn And Restaurant In Cheshire | | Undisclosed Cheshire | | T/O: 306,000 GP: 64% Scope to increase turnover Spacious 4-bed accommodation 90-cover restaurant | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 37623
ADVERT IMPRESSIONS : 48,349 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Pubs | | SALE: | Agent Sale | LEASEHOLD: | £95000 +SAV | ANNUAL RENT: | £24000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
This country inn and restaurant is located in the centre of a thriving village surrounded by picturesque views and stunning scenery. The business occupies a prominent site with a wide frontage, car parking for approximately 40 vehicles and spacious grounds, beer garden and children's play area. The village is easily accessible to Chester, the A41 and M56 and is within comfortable commuting distance of all the major north-west conurbations.
Business History
Preferred Commercial is delighted to offer for sale this 16th century country inn and restaurant, which has been in our clients' hands since 2005 and is only now being offered to the market due to their wish to purchase a freehold concern. The business is currently run at a pace to suit and generates a turnover in the region of £306,000 per annum with a gross profit of 65%. There is scope to increase turnover by opening all day, seven days a week. The restaurant area is configured for 90 covers and the pub benefits from spacious and well-maintained 4-bedroom owners' accommodation. This award winning business boasts an enviable reputation and has had many complimentary reviews drawing much regular repeat custom. The pub has a desirable lease with a rent of £24,000 per annum and no tie on wines, spirits and minerals. We feel this represents an ideal opportunity for a new purchaser to acquire an established and successful lifestyle business with immense scope for the future, Early discussions, in confidence, with Preferred Commercial must come highly recommended.
Financial Details
T/O: £306,000 approx.
GP: 64%
Opening Hours
Mon - Sat: 12.00pm - 2.30pm & 6.00pm - 11.00pm
Sun: 12.00pm - 3.00pm & 7.00pm - 10.30pm
Scope to open all day
Accommodation Details
Historic period inn premises dating back to the 16th century. Briefly comprising:
Ground Floor
• Main entrance to open-plan dining area with tables and chairs for 90 covers, real open fire, period beams and fitted bar servery with 5 points of dispense.
• Beer cellar
• Ladies WC
• Gents WC
• Well equipped commercial kitchen
• Preparation area and wash up room
• Rear exit door
First Floor
Spacious and well-appointed private owners' accommodation, briefly comprising:
• Lounge
• Kitchen
• Bathroom
• 3 x double bedrooms
• Single bedroom
External
• Large car park
• Beer garden
• Children's play area
Tenure
Leasehold
Original length: 10 years
Remaining: 10 years
Review: every 5 years
Rent: £24,000 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 1446 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
