Attractive Stone Built Freehouse. | | Undisclosed Oxfordshire | | Sought after position, country town, OXFORDSHIRE. | | ADVERT NUMBER : 47026
ADVERT IMPRESSIONS : 23,067 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £59500 | | | | | BUSINESS DETAILS: | Features : We understand the property was built in 1682 and has a wealth of oak beams.
LARGE SINGLE BAR, carpeted plus tiled area. Open fireplace. Bar with 7 hand pumps, 2 double door glass fronted counter fridges, 1 single door glass fronted counter fridge, optics, glass washer, sink. Pool table and gaming machine (both on lease).
Ladies' cloakroom with 2 w.c's and wash hand basin
Gentlmen's cloakroom with w.c. urinal and wash hand basin
Beer cellar with cooling system
Large kitchen with Valentine deep fryer, commercial microwave oven, cooker, hob unit, work surfaces
Location : Sought after position, country town, OXFORDSHIRE.
Opening Hours : Monday - Thursday inclusive - 11.30 a.m. - 11.30 p.m.
Friday & Saturday - 11.30 a.m. - 12.30 a.m.
Sunday opening - 12 noon - 10.30 p.m.
Turnover : WE ARE INFORMED the turnover averages £3,000 p.w., wet sales only, in our opinion offering tremendous potential for the introduction of catering. Gross profit 59% approx.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of £20,000 p.a. exclusive of rates, due for rent review and with rent reviews every 5 years.
Uniform Business Rates: £5,800 p.a. approx. (under review and the present owner is hopeful that the rates will be reduced).
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation situated on the first and second floors, recent re-decorated and fully carpeted, comprises:
First Floor
2 Double Bedrooms
Lounge
Second Floor
Private kitchen
Large bathroom with bath, separate shower unit, w.c. and wash hand basin
Outside : Bottle Store.
Large garden with lawn.
Stone built outbuilding with loft plus outside fully equipped Bar with shutters.
Staff : At present operated under management. Staff employed 1 full time manager plus 3 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
