| | | 9406ST RESTAURANT PUBLIC HOUSE L/H £99,950 STAFFORDSHIRE | | | BUSINESS FOR SALE ADVERT DETAILS ADVERT VIEWED : 10,863 TIME(S)
BUSINESS REFERENCE : 9406ST / RightBiz | | | | | | STAFFORDSHIRE PUB & RESTAURANT Highly prominent position on main road location 70/30 Dry Wet split - 74 cover restaurant A/T: £331,260 GP: £198,000 Fully equipped kitchen, function room Suitable for a Chef or someone with pub experience L/H: £99,950 +SAv | | | BUSINESS LOCATION: | Undisclosed Staffordshire UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Pubs Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £99950 | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Our clients restaurant and public house is conveniently located on a busy main road in Mid Staffordshire, is close to both the M1/M6 motorways and East Midlands Airport. It is on a stand alone site and highly prominent.
THE BUSINESS
Advent Business Sales is pleased to have been instructed to offer to the market this extremely well established 18th Century coaching house, which over the years has been added to making it the successful business it now is.
The current vendor has been in ownership for the last 3 years and is reluctantly selling due to another business venture.
Our client has achieved an enviable local reputation for his food and has turned the trade round to a 70%/30% split between dry and wet
Sales.
The customer base is local and up to a 15 mile radius of the premises.
The restaurant is split level and consists of 37 covers x 2.
The business also has a very comfortable and well decorated lounge bar, a good sized and well cared for garden as well as a function room with its own bar and w/c's capable of handling 140 150 people or 100 seated covers. This is equipped with full sound system, lighting, laser & burglar alarm and Epos till on the bar.
The rear of the restaurant has an outside covered smoking area with heated lighting. To the side of the pub and extending to the rear of the function room is a large car park.
There is an excellent kitchen fully equipped to tackle the European cooking all well maintained and in an excellent condition.
The business has an additional cellar and offers real ale as well as pasteurised beers.
The living quarters on the first floor are very well decorated and are to an excellent standard, clean, modern and well cared for.
We are advised that stock at cost is approximately £6,000.
This would suit a younger family with one of the family members being a chef. Pub experience would be a great advantage.
REF: 9406ST
TRADING HOURS
Tues Sun: 12 2.30pm
& 6pm 10pm Food, 11pm bar
Sun: 12 8pm food, 11pm bar
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £331,261
Gross Profit: £198,062
Net Profit: £53,901
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
The business is housed in a two storey building with all public rooms on the ground floor and briefly comprising of:
Ground Floor
Entrance on left hand side leading to foyer with ladies and gents w/cs and entrance to upper floors
Passage way leading to lounge bar
To side of lounge bar is the upper dining room with 37 covers
Behind bar is a granite servery with wine cooler below, behind this is a 2 cup coffee machine and grinder
Wash up room with glass washer, sink and ice maker
Lower dining room with 37 covers and glazed to garden side
Large lobby with doorways to the garden and to the entrance to the function room
Function room with its own bar with capacity for 140 150 people or 100 seated. This has full sound, lighting and laser equipment
Behind servery is entrance to the kitchen/cellar area. The entrance to the upstairs quarters is in this area
Staffroom and w/c
Large kitchen exceptionally well equipped
Large walk in fridge which has just had a new remote compressor fitted
Back door leading to fenced off yard for deliveries, dust bins etc
Large store room which has a walk in deep freeze and shelving for produce
First Floor
This is the family accommodation and consists of large lounge with a roof patio, loft space storage, large store room, well equipped fitted kitchen, bathroom, good sized office, 2 double and 1 single bedrooms
This area has a separate alarm system and is exceptionally well maintained.
Kitchen equipment includes:
Large cold salad servery with under fridge
Panini griddle
Large hot cupboard
3 x commercial microwaves cookers
3 pot Bain Marie
Small chest deep freeze
2 x double deep fat fryers
Small under counter fridge
Large flame griddle
Flacon grill
6 burner cooker with oven
Dishwasher with water softener
Double sink drainer scrap off sink
Magnetic scrap off shute to save cutlery
Large 4 pot Bain Marie hot cupboard under
Hand wash
Large hood extraction
Heated pass
TENURE: Leasehold
Original lease: 21 years
Remaining lease: 18 years
Review every: 5 years
Rent: £37,500
We are advised that the annual business rates are currently: £10,164 business £1160 domestic | | | | | | FOR SALE | | | | | SELLER: | ADVENT BUSINESS SALES | | CONTACT: | 0844 8009092 | | REFERENCE: | 9406ST / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
