Exceptional Leasehold Traditional Public House | | Bewdley Worcestershire | | EXCEPTIONAL LEASEHOLD TRADITIONAL PUBLIC HOUSE - WORCESTERSHIRE Advised turnover £155,589 PA with good GP returns Early interest and viewing is highly recommended | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 49164 ADVERT IMPRESSIONS : 15,348 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Pubs | | SALE: | Agent Sale | LEASEHOLD: | £25,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | EXCEPTIONAL LEASEHOLD TRADITIONAL PUBLIC HOUSE - WORCESTERSHIRE
Advised turnover £155,589 PA with good GP returns
Early interest and viewing is highly recommended
Sale price includes all fixtures and fittings
Exceptionally well presented throughout
Favourable brewery and affordable rent
Beautiful location in Kinlet, Bewdley
Private living accommodation
Price reduced due to ill health
Ideal family run opportunity
Genuine reason for sale
LEASEHOLD
Location
This exceptional public house has an ideal location in Kinlet which is just outside the town centre of Bewdley. The property sits on one of the town's main access roads which link Kidderminster and surrounding areas to the town centre. The public house benefits from being situated on the road as it sees a mass of motorists and commuters on a daily basis and provides an excellent stop off location for all travelling to and from the area. The immediate neighbouring areas offer a beautiful open countryside and well maintained parks which also bring visitors to the location throughout the year. The attractive Georgian town of Bewdley sits directly upon the River Severn in north Worcestershire, an area with a rich agricultural and industrial history. With the Severn passing straight through, Bewdley has long been a favoured spot for angling, whilst the ancient woodland of the Wyre Forest surrounds the west of the town providing an excellent rich diversity of wildlife. Bewdley also benefits from being very accessible via the M5 motorway which is located just under 18 miles away.
Business History
Meridian Business Sales are delighted to offer for sale this beautiful leasehold public house which has a proud history dating back to the early 1880s. Since 2005 the business has been owned and run by our clients who are only now placing it onto the market due to their unfortunate poor health and the need for semi-retirement. The business achieves a very respectful advised annual turnover of £155,589 which is derived from offering a fantastic range of beers, wines and spirits coupled with a popular traditional pub style food menu. Our clients have worked very hard on the presentation of the property which has resulted in an inviting property which is a pleasure to visit. The public house has an enviable reputation within the local area and enjoys seeing regular repeat customers who have been visiting for many years. The property also offers spacious private living accommodation which is a huge plus for a new owner who doesn't currently live within a commutable distance. Our clients are also very generously including all fixtures and fittings into the sale price which means that additional funds will not need to be spent for the foreseeable future. We would like to urge very early interest in this opportunity as public houses of this quality rarely appear on to the market.
Financial Profile & Tenure
Turnover: £155,589pa, Gross profit: 47%
Stock approximately: £3,000
Leasehold - Original length: 8 years
Remaining: 8 months, Rent: £15,000pa
New owner guaranteed a 10 year lease
Opening Hours
Monday to Thursday: 2:00pm - 12:00am
Friday & Saturday: 12:00pm - 1:00am
Sunday: 12:00pm - 12:00am
Accommodation
Beautifully presented traditional public house comprising of private 40 - 45 vehicle car park, beer garden, courtyard area with smoking shelter, rear field with caravan space, private storage barn, traditional bar lounge with fitted bar and feature fireplace, commercial stainless steel kitchen, 3 bedroom private living accommodation with lounge and bathroom.
Ground Floor - Bar Lounge - Open plan traditional bar lounge with naked wooden beams, fixed seating, tables, chairs and stools, feature fireplace. Dining area with tables and chairs, fitted bar with pumps, rear spirit displays, snack displays, chillers, glass storage, glass washer. Male and female toilets
Kitchen - Commercial kitchen featuring stainless steel throughout, briefly comprising of worktops, shelving, commercial microwaves, double wash basin, 6 ring cooker, grill, extraction unit, double deep fat fryer, dishwasher, utility area with storage, fridges, freezers and hand wash basin.
Storage room/office counter room, wash room/laundry room and utility conservatory area with storage space.
First Floor - Private living accommodation - Landing with built in storage wardrobe, bathroom with toilet, shower and wash basin, bedroom 1 - large single/small double, lounge with dining space, bedroom 2 - Double and bedroom 3 - Double
Additional Floor - Basement cellar with large storage space
External - To the right - Private customer car par 40-45 vehicle parking spaces. To the left - Beer garden, high perimeter wall and hedging, lawned area with decorative flower beds and picnic bench seating. Rear - Courtyard style dining/seating area with smoking shelter, all weather dining tables and chairs plus benches, external heating, field with 2 caravans (let to local and visiting fisherman), barn storage space, cool outhouse storage and toilets. | | | | | | FOR SALE | | | | | REFERENCE: | 2341 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |