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Superb Free Of Tie Leasehold Public House

Undisclosed West Midlands
SUPERB FREE OF TIE LEASEHOLD PUBLIC HOUSE Advised turnover £2,934 PW with good gross profit returns Early interest & viewing is highly recommended
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 49431
ADVERT IMPRESSIONS : 24,560 TIME(S)

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

LEASEHOLD:

£99,500

ANNUAL RENT:

£24249.96
 

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BUSINESS DETAILS:

SUPERB FREE OF TIE LEASEHOLD PUBLIC HOUSE
Advised turnover £2,934 PW with good gross profit returns
Early interest and viewing is highly recommended
Proud history business dating back to the 1900s
Well presented large traditional public house
Situated in the beautiful village of Bulkington
3 double bedroom owners’ accommodation
Completely free of any brewery tie
Ideal lifestyle change opportunity
3 letting guest bedrooms
Genuine reason for sale


Location
This superb leasehold free of tie public house is situated in the beautiful village of Bulkington

which is part of Bedworth.

The property stands proud on the village’s main high street with a large array of neighbouring

commercial style businesses, banks and retailers.

The high street also acts as a village through road and sees a mass of commuters, motorists and

public transport users on a daily basis.

The business benefits from the neighbouring shops and retailers as it brings visitors and shoppers

to the area on a daily basis.

Bulkington is a highly regarded and very popular business and residential village which truly does

offer the best of both worlds by having excellent central shopping facilities whilst offering a

large variety of neighbouring open countryside.

The village also benefits from being very easily accessed via the M6 and M69 motorways which are

situated less than 4 miles away making visiting and commuting very easy.


Business History

Meridian Business Sales are delighted to offer for sale this exceptional free of tie leasehold

public house which has a proud history dating back to the 1900s.

Since 1995 the business has been owned and run by our client who is only now placing it onto the

market due to her strong desire for retirement.

The business achieves a very respectable advised weekly turnover of £2,934 which is derived from

offering a fine display of beers, wines and spirits which are all sourced independently without any

brewery restrictions.

The public house also has three guest bedrooms which are very popular throughout the year.

Our client has worked exceptionally hard on the property’s presentation which has resulted in a

truly inviting property for all who wish to visit and stay.

There is also sizable three bedroom private living accommodation which is a huge plus for a new

owner who doesn’t currently reside within the area.

Our client is very generously including all fixtures and fittings into the sale price which is an

excellent advantage for a new owner as additional funds will not need to be spent for the

foreseeable future.

This is an ideal lifestyle change opportunity for an individual or couple who are looking for a

leasehold public house which trades completely independently of any brewery tie.

Meridian Business Sales would like to urge very early interest in this opportunity as leasehold

public houses without a brewery tie rarely appear on the market.




Financial Profile
•Turnover: £2,934pw
•Gross profit: 55%
•Stock approximately: £2,500




Tenure
•Leasehold
•Original length: 15 years (4/6/07)
•Remaining: 13 years
•Rent: £24,249.96pa (plus VAT)



Opening Hours

Monday: 11:30am - 11:30pm
Tuesday: 11:30am - 11:30pm
Wednesday: 11:30am - 11:30pm
Thursday: 11:30am - 11:30pm
Friday: 11:30am - 11:30pm
Saturday: 11:30am - 11:30pm
Sunday: 12:00pm - 11:00pm

Accommodation
Superb public house comprising of bar, lounge/games room/external courtyard with smoking shelter

and BBQ, rear garden with children’s play frame, outbuilding garage and bottle store plus outhouse,

3 double bedroom private living space with kitchen and large living room, 3 en suite guest

bedrooms, all being well presented throughout

GROUND FLOOR
Secure front entrance leading to reception porch.

To the left:

Bar - Open plan traditional bar with table and chair seating, feature fireplace, fitted bar with

pumps, rear spirit displays, snack displays, glass storage and wash basin. Male and female toilets.

To the right:

Lounge/Games room - Open plan lounge with fixed seating plus tables and chairs, feature fireplace,

continued bar, darts area, rear pool table with gamblers and additional seating, TV area plus wash,

storage and linen room.
Access to rear garden area

FIRST FLOOR
Guest accommodation
Bedroom 1 - Double with en-suite bath with shower over, toilet & wash basin
Bedroom 2 - Family with en-suite bath, toilet & wash basin
Bedroom 3 - Single with en-suite shower, toilet & wash basin

Owners’ Accommodation
Office/count room
3x Double bedrooms
Living room sizable living space with feature fireplace.

Bathroom with bath, toilet and wash basin.
Kitchen with fitted worktops, cupboards, drawers and wash basin.

ADDITIONAL FLOOR
Basement cellar

EXTERNAL
Roadside communal parking and side garage for owner parking.

Rear - Sizable yard with smoking shelter and BBQ, open garden with children’s play frame, perimeter

hedging and shrubs, outbuilding garage with storage room and secure courtyard storage area plus

outhouse
   
  FOR SALE
   

REFERENCE:

2313 / RightBiz
   
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