Public House In Droitwich | | Droitwich Worcestershire | | T/O: £350,000 GP: 58% Recently refurbished to very high standard Scope to develop food sales 3-bed owners accommodation | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 38718
ADVERT IMPRESSIONS : 14,603 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Pubs | | SALE: | Agent Sale | LEASEHOLD: | £115,000 | ANNUAL RENT: | £30,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Barley Mow is located on the edge of the town centre of Droitwich in Worcestershire. The pub occupies a prominent corner position and is on the banks of the canal, which is currently undergoing restoration. The pub boasts car parking spaces for approximately 30 vehicles and fronts a main road offering much passing trade. The pub is easily accessible being close to the A38, which leads to junction 5 of the M5 motorway.
Business History
Preferred Commercial is delighted to offer for sale this popular public house, which was established in 1937 and has been in our clients' hands since 1997. The business is only now being offered for sale due to our clients' wish to retire. The pub generates a turnover in the region of £350,000 per annum with a gross profit of 58% on a split of 80/20 wet/dry. There is scope to increase turnover further by promoting the food side of the business. The business has recently been refurbished to a very high standard throughout and boasts live entertainment and karaoke each week, along with quiz nights. The pub also has a football team, a darts team and a pigeon racing club. Our client has recently introduced a new menu, which has boosted food sales. We feel this is an ideal opportunity to acquire a thriving public house business and early discussions with Preferred Commercial must come highly recommended.
Financial Details
T/O: £350,000 approx.
GP: 58%
Opening Hours
Mon - Sun: 12.00pm - 12.00am
Accommodation Details
Recently refurbished public house business on a prominent corner site. Briefly comprising:
Ground Floor
• 3 front entrances
• Large lounge/bar area with 2 plasma screens, feature fireplace seating and tables, bar with 10 points of dispense
• Ladies WC
• Gents WC
• Function room with up to 40 covers, separate bar with 6 points of dispense
Kitchen, recently refurbished, 4-burner hob and oven, 2 x fryers and hot plate
Lower Ground Floor
• Beer cellar with drop from car park
• Spirit storage
First Floor
Self-contained living accommodation, briefly comprising:
• 2 entrances
• Kitchen
• Large lounge
• 3 x double bedrooms
• Bathroom
External
• Flood lit car parking for approximately 30 vehicles
• Covered smoking area with seating and heaters
• 3 x out buildings
Tenure
Leasehold
Original length: 12 years
New lease terms agreed 2012.
Rent: £30,000 per annum
Punch Taverns, tied to beer only
| | | | | | FOR SALE | | | | | REFERENCE: | 1486 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
