Popular Public House In South Yorkshire | | Sheffield South Yorkshire | | Public House Sheffield, South Yorkshire T/O: £210,000 approx. GP: 64% 12 letting rooms Opposite Sheffield Arena Immense scope | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 48352
ADVERT IMPRESSIONS : 23,287 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Pubs | | SALE: | Agent Sale | FREEHOLD: | £499,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Noose & Gibbet Inn is located directly opposite the Sheffield Arena on Broughton Lane in the Attercliffe area of Sheffield. The pub is located on a very busy road, which offers much passing traffic and a high footfall. A wide variety of industrial and commercial premises surround the business with the Meadowhall Shopping Centre and the Don Valley Stadium approximately half a mile away. There is a large Centretainment Park adjacent to the pub. The business is easily accessible with junction 34 of the M1 motorway approximately 1 mile away and Sheffield City centre just over 2 miles away.
Business History
Preferred Commercial is delighted to offer for sale this popular public house, which was established approximately 150 years ago and which has been in our client's hands since 1991. The business is only now being placed on the market due to our client's wish to retire. Currently the pub generates a turnover in the region of £210,000 per annum with a gross profit of 64%. Approximately a third of the income is generated by the 14-letting bedrooms with breakfast and occasional evening meals provided. There is immense scope to increase turnover by offering lunchtime meals to the large workforce in the surrounding businesses and perhaps offering a sandwich delivery service. The pub boasts a DJ stand and holds regular karaoke nights. On concert nights the pub gets extremely busy, and at weekends is a popular meeting place for a well-known ice hockey team, Sheffield Steeldogs, and its fans. At present our client is negotiating for a plot of land to the rear of the premises for use as car parking and beer garden facilities. A further benefit to this business is a quality website, which provides information on the facilities, location and contact details. Our client advises us that the premises have been completely refurbished to a very high standard throughout, at a cost of £60,000. Improvments include a new central heating system, electrical re-wiring, refurbished bar and re-painted exterior, along with an array of beautiful flowering handing baskets and pots to the outside. A large amount of time and money has been spent to raise the business profile well above the usual standard. We feel this represents a rare opportunity to acquire such a well-established public house in a unique trading area and with immense scope for further growth. Early discussions with Preferred Commercial must come highly recommended.
Financial Details
T/O: £210,000 approx.
GP: 65%
Split: 66/34 Pub/letting rooms
Opening Hours
Mon - Sun: 12.00pm - 12.00am
Licensed until 2.00am
Accommodation Details
Detached public house with 14-letting bedrooms. Briefly comprising:
Ground Floor
• Front entrance
• Ladies WC
• Gents WC
• Disabled WC
• Snug with timber bench type seating, beamed ceiling, timber bar servery with 3 x double door bottle chillers, ice machine, electronic cash register, double bowl sink unit, 13 points of dispense and optics display, second seating area with bench style perimeter seating
• Open-plan games area with pool table and 2 x gaming machines
• Second bar area with timber bar servery, 1 x three door bottle chiller, 1 x single door bottle chiller, sink, wash basin, 9 points of dispense and optics display, DJ stand and dance floor
• Kitchen with quarry tiled floor, 5-burner commercial hob and ovens, extraction hood, 2 x stainless steel preparation tables, deep fat fryer, upright freezer, double bowl commercial sink unit, 4-pot Bain Marie, toaster, microwave oven and 2 x refrigerators
• Store room with shelving and upright refrigerator
• Integral smoking area with heaters
Lower Ground Floor
• Beer cellar comprising 3 rooms with beer drop and 3 freezers
First Floor
• Letting accommodation, recently refurbished to a high standard with soundproofed walls and floors and double glazing. Briefly comprising:
• 1 x single standard room
• 1 x single room with en-suite facilities
• 6 x twin room with en-suite facilities
• 1 x family room with en-suite facilities
• 1 x twin standard room
• Bathroom
• En-suite room with kitchen
Second Floor
• 2 x twin standard rooms
• 1 x standard bedroom
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 1733 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
