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Most Attractive 16th Century Public House

Undisclosed Northamptonshire
High Street trading position, NORTHAMPTONSHIRE.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 47021
ADVERT IMPRESSIONS : 21,200 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Public Houses
SALE: Agent Sale

LEASEHOLD:

£65000
 

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BUSINESS DETAILS:

Features : Outstanding opportunity to acquire a spacious Public House tied to Enterprise Inns for beers only.

The features include:

2 Bars
Spacious newly refurbished Function Room
Owner's fully Centrally Heated Private Accommodation
Lawned Beer Garden
Small Private Garden
Car Parking for 20 cars

The property is constructed of local stone.

Entrance to ATTRACTIVE LOUNGE BAR, fully carpeted, open fireplace. Tables, chairs plus bar stools providing seating for 30 persons. Beamed ceiling. Attractive brickwork. Bar with 3 real ale pumps, optics, glasswasher, 2 double door glass fronted counter fridges, electronic cash register.

Entrance to PUBLIC BAR, fully carpeted, beamed ceiling, open fireplace. Tables and chairs plus bar stools providing seating for 30 persons. 1 42' plasma screen plus 1 additional screen. Behind bar central computer system for music and TV system, the present owner has Sky television. Pool table plus games/quiz machine (both on rental).

Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with 3 urinals, w.c. and wash hand basin

Kitchen newly fitted including stainless steel extractor unit. The equipment includes 6-burner gas cooker, double deep fryer, 2 white fridges, 2 chest deep freezes, 1 upright deep freeze, 3 commercial microwave ovens, double sink and drainer, wash hand basin.

Rear store
Office

From the ground floor there is a staircase to -

First Floor SPACIOUS FUNCTION ROOM all newly refurbished and newly fitted at we understand a cost of in the region of £100,000. The Function Room has a quality laminated strip floor and will accommodate up to 100 persons. Tables and chairs. Bar with hand pumps. 2 air conditioning units plus full gas fired central heating.

Customer's cloakroom with w.c. and wash hand basin

Location : High Street trading position, NORTHAMPTONSHIRE.

Opening Hours : Monday - Thursday inclusive - 11 a.m. - 11 p.m.
Friday 11 a.m. - 12 midnight
Saturday opening - 10 a.m. - 12 midnight
Sunday - 10.30 - 10.30 p.m.

Turnover : WE ARE INFORMED the turnover averages £3,500/£4,000 p.w. mainly wet sales, catering recently introduced and in our opinion the business offers tremendous potential for further development in the right hands. Gross profit 55% approx.

Tenure : We understand the premises are held on a secure renewable lease having approximately 12 years unexpired at a rental of £30,000 p.a. exclusive of rates up to June, 2010. We understand there is a rent review at that time, however, the present owner is confident that there will be no increase and indeed the rent may be reduced. We are further advised that the rent reviews are every 3 years.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED AND WELL EQUIPPED PUBLIC HOUSE, WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

RECOMMENDED FOR EARLY INSPECTION

Price : OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Accommodation : The owner's private accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:

Living Room
3 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin

Outside : Glass roofed patio area providing an ideal customer's smoking area.
Beer Garden with lawn, tables and bench seating.
Private Garden
Tarmaced Car Park for approx. 20 cars

Staff : The business is at present operated by a husband and wife team with the assistance of 3 part time staff.
   
  FOR SALE
   

REFERENCE:

H7776 / RightBiz
   
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