Town Centre Public House In Gwynedd | | Undisclosed Gwynedd County | | T/O: £260,000 GP: 54% Wet sales only Scope for food and letting accommodation Substantial free of tie premises | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 43906
ADVERT IMPRESSIONS : 26,214 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Pubs | | SALE: | Agent Sale | FREEHOLD: | £450000 +SAV | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Bull Inn occupies a prominent location on the High Street, which runs through the town of Bethesda in North Wales. The business benefits from a wide frontage and a corner site. Being on the main High Street, the pub boasts the advantage of a high footfall and much passing trade. There is a free public car park to the rear of the premises. Bethesda is on the edge of the Snowdonia National Park and the pub boasts stunning views of the mountains and River Ogwen. Bethesda was famous throughout the world for its high quality slate, but is now primarily a tourist town. The town lies on the A5 approximately 6 miles from Bangor and just three miles from the A55 North Wales Expressway.
Business History
Preferred Commercial is delighted to offer for sale this popular town centre public house, which was established in excess of 150 years ago, when it was a staging post for travellers from London to Holyhead, and has been in our client's hands since 1997. The business is only now being placed on the market due to his wish to retire. The Bull Inn currently generates a turnover in the region of £260,000 per annum with a gross profit of 54%. This is based on wet sales only giving a new owner the opportunity to increase turnover by offering food. The premises boast 5 bedrooms and have the internal configuration for 4 letting rooms and 2 bedroom private accommodation if desired. There is also scope to convert the lower ground floor into a flat. The Bull Inn is well supported in the community with 2 pool teams, darts team, ladies darts team and sponsors of the local football team, The pub has the advantage of being fee of tie and we feel this represents an ideal opportunity to acquire a freehold public house in such a desirable location. Early discussions with Preferred Commercial must come highly recommended.
Financial Details
T/O: £260,000 approx.
GP: 54%
Wet sales only, scope for food
Opening Hours
Mon - Weds: 11.00am - 12.00am
Thurs - Sat: 11.00am - 1.00am
Sun: 12.00pm - 11.30pm
Accommodation Details
Substantial period public house set on the main high street of the town of Bethesda. Briefly comprising:
Ground Floor
• Main entrance to open-plan bar area with part wooden and part carpeted flooring, feature open fireplace, central bar servery with 10 points of dispense, electronic cash register, pay phone, various chiller cabinets, tables, chairs and perimeter seating, games machines, cigarette machine, LCD TV and flat screen TV
• Pool area with pool table, darts throw, gaming machine and LCD TV
• Door to rear car park and patio/beer terrace
• Ladies WC
• Gents WC
• Disabled WC
Lower Ground Floor
• Private front door at ground level to hallway
Internal stairs to lower ground floor
• Store room
• Kitchen with 6-burner hob and ovens, a range of fitted wall and base units and stainless steel preparation tables
• Freezer store
• Utility room and rear exit door
• Separate rear stairway from ground floor to beer cellar with main beer store, bottle store and ice store
First Floor
Private accommodation (potential for B&B or letting accommodation)
• Bathroom with bath, walk-in shower, WC and wash basin
• Double bedroom
• Double bedroom
• Spacious open-plan lounge with scope to sub divide into 2 separate rooms
• Office
• Additional stairway to ground floor
Second Floor
• Double bedroom
• Double bedroom with en-suite corner bath, WC and wash basin
• Double bedroom
External
• Free public car park to rear
• Private parking space to rear
• Raised terrace area with picnic tables and smoking area, boasting stunning views towards Mount Snowdon
• Lower level enclosed yard and drying area
• Double garage
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 1613 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
