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Public House And Restaurant With 36 Covers Lh

Undisclosed Wiltshire
WILTSHIRE PUB & RESTAURANT WITH 36 COVERS & POTENTIAL Located on main through road in centre of an affluent village wet/dry split is 60/40% Fully equipped and in good order 3 Bed living accommodation A/T: £130,000 GP: 53.5% Scope to offer take aways/ have live music & extend pub to a convenience store as none in village L/H: £60,000 +SAV REF: 9621SN
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 48797
ADVERT IMPRESSIONS : 28,978 TIME(S)

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

LEASEHOLD:

£60000
 

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BUSINESS DETAILS:

THE BUSINESS
Advent Business Sales is pleased to have been instructed to offer to the market this extremely well established public house which dates back over 400 years.

The current vendors have been in ownership for the last four years and are only now reluctantly offering the business for sale as they plan to emigrate to France.

Trade is currently split 60% / 40% between wet and dry. Wet sales are predominantly to customers who are all local to the village, whilst those eating in the restaurant do come from further afield as well as local people.

The pub has an excellent and popular thirty six cover restaurant which also caters for parties, christenings and wakes.

The kitchen is fully equipped for purpose and includes:
• 6 ring gas burner with oven under and extraction over
• Electric fan assisted oven
• Two deep fat fryers
• Electric grill
• Three upright fridges
• Two microwaves
• Four upright freezers
• Commercial dishwasher
• Chest freezer
• Under counter fridge
• Glass washer
• Ice maker
• Coffee machine
• Coffee percolator
• Coffee grinder
• Soup toureen
• Hot cupboard
• Stainless steel carvery
• Display unit
• Small wine chiller

The pub is staffed by a husband and wife team who both work full time with the assistance of one part timer who works approximately seven hours per week and other casual staff who work on an ‘As and

When’ required basis. They currently achieve gross weekly sales of approximately £3,000.

The decoration and fixtures and fittings are all in good order and the pub also has a great ambience.

We are advised that stock at cost is approximately £6,000.
REF: 9621SN

TRADING HOURS
Mon and Tues: 11am to 2.30pm
& 6pm to 10.30pm
Wed and Thurs: 11am to 3pm
& 6pm to 11pm
Fri: 11am to 3pm
& 6pm to 11.30pm
Sat 12noon to 3pm
& 6pm to 11.30pm
Sun: 12noon to 3.30pm
& 7pm to 10.30pm

EXPANSION POTENTIAL
This is already a successful business it does however still offer good scope to increase both sales and profits by:
1. Having a takeaway option for the restaurant
2. Have offers, live music or other entertainment i.e theme nights/karaoke
3. Extend the pub and use as a convenience store – there is no shop in the village
4. The area is due to have an additional approximately 1,200 homes built, starting in 2012

FINANCIAL INFORMATION
We have been advised by the vendor of the following:

Annual sales: £130,000
Gross Profit: 53.5%

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
Spacious detached premises, which is partially Grade 2 listed and decorated to a high standard, it briefly comprises:

Ground Floor
• Front entry into lobby area, then into the lounge with facing bar servery, beamed ceilings, cigarette machine, 2 ceiling fans, gents w/c off hallway with ladies w/c
• 36 cover restaurant, carvery display, side access to car park
• Side access to commercial kitchen
• Bar area with rear servery, open fire, quiz machine, bandit, darts throw area, parkay floor, beamed ceilings
• Rear of bar with stairs off to private area comprising of 2 double and 1 single bedroom.
• Additional double bedroom/office, bathroom with shower over the bath and lounge
• Further stores area at the rear of kitchen which gives back access to the large car park, which can accommodate circa 20 cars, additional free of charge on street is also available locally.

The premises also benefits from having its own alarm system and has 4 camera CCTV.










DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
   
  FOR SALE
   

REFERENCE:

9621SN / RightBiz
   
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