Free Of Tie Lease | | Undisclosed Shropshire | | SHROPSHIRE FREE OF TIE LEASE located in tourist hot spot in idyllic countryside 24 Cover restaurant with commercial kitchen Lge bowling green - scope for children's play area Low rent & rates L/H: £20,000+SAV REF: 9374SY | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 38172
ADVERT IMPRESSIONS : 34,647 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Pubs | | SALE: | Agent Sale | LEASEHOLD: | £20,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Our client is located in a lovely idyllic scenic countryside setting in close proximity of Ludlow (4.5 mils) and Tenbury (approx 5 miles).
The area is a tourist hot spot, especially in the summer season, due to the high number of holiday lets, as well as the highly frequented castle by tourists.
The setting is also popular for walkers and rambling societies, who frequent the locality regularly.
The free of tie public house is also the local community focal point as the nearest pub is 4.5 miles away.
THE BUSINESS
Advent Business Sales has been instructed to offer for sale this free of tie lease
The current husband and wife team have decided to sell due to ill health and a desire to immigrate to Spain.
The establishment consists of:
24 cover spacious restaurant
4 A frame beer garden tables
Large commercial catering kitchen
Separate prep room
2 bars accommodating up to 40 people
Parking for 50 plus cars
A bowling green
Beer cellar
External shed
To the first and second floors, there is extensive private accommodation suitable for working owners briefly consisting of:
3 double bedrooms
Bathroom and w/c
Lounge
The business benefits from:
Extremely low rent and rates
Free of tie
Advantageous locality
Our client has only recently increased trading hours and has begun an advertising campaign within the Camra guide, together with sign posts on the main roads.
There is also scope to create a large childrens play area on the bowling green. Contacting the ramblers associations via the net would lead to further trade.
TRADING HOURS
Mon: closed
Tues Sun: 12noon 11pm
TENURE: Leasehold
Original lease: 10 years
Remaining lease: 9 years
Review every: 5 years
Rent: £12,000
Extremely low overheads e.g water rates currently less than £20.00 per month.
No business rates are currently paid (50% small business relief and 50% rural relief which means nil payable)
| | | | | | FOR SALE | | | | | REFERENCE: | 9374SY / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
