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Freehold Public House

Undisclosed Nottinghamshire
FREEHOLD PUBLIC HOUSE - NOTTINGHAMSHIRE Advised turnover £150,000 PA with good GP returns Early interest and viewing is highly recommended
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 50875
ADVERT IMPRESSIONS : 21,264 TIME(S)

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

FREEHOLD:

£519,995
 

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BUSINESS DETAILS:

FREEHOLD PUBLIC HOUSE - NOTTINGHAMSHIRE
Advised turnover £150,000 PA with good GP returns
Early interest and viewing is highly recommended
Beautiful location in the village of Cropwell Bishop
Detached property with surrounding countryside
Large 3 bedroom living accommodation
Ideal lifestyle change opportunity
Scope for further development
FREEHOLD


Location

This beautiful freehold opportunity is located just on the outskirts of the village of Cromwell Bishop which is approximately 2 miles from the A46 which links Nottingham to Newark. The surrounding area has a fantastic display of beautiful open countryside which gives the property exceptional views from virtually every angle. The location really does offer the best of both worlds from having a wide open neighbouring countryside whilst also giving very easy access to a large amount of neighbouring areas including Nottingham, Derby, Loughborough, Melton Mowbray and Grantham to name a few. Motorway access to the M1 is less than 16 miles away making visiting and commuting very easy.


Business History

Meridian Business Sales are delighted to offer for sale this beautiful freehold public house which has a proud history dating back to the 1940s. Since 1998 it has been owned and run by our clients who are only now placing it onto the market due to a family member's poor health and the need for a change in living accommodation. The business achieves a very respectable advised annual turnover of £150,000 derived from selling an excellent range of free of tie beers, wines and spirits with a popular traditional public house style food menu. The business is exceptionally well known with many of the local visitors being on a first name basis and several families have been visiting for generations. Our clients are very generously including all fixtures and fittings into the sale price which is a huge plus for a new owner as additional funds will not need to be spent for the foreseeable future. The property offers sizeable three bedroom private living accommodation which would be a big advantage to a new owner who doesn't currently reside within a commutable distance. The property has excellent scope for future development which is subject to planning approval. This is without question a truly beautiful property which is situated in a very popular and highly desirable village. We would like to urge very early interest in this opportunity as properties of this calibre rarely appear onto the market.


Financial Profile

Turnover: £150,000pa
Stock approximately: £5,000


Tenure

We are advised freehold


Opening Hours

Monday: Closed
Tuesday: 11:30am - 2:30pm
Wednesday to Sunday: 11:30am - 2:30pm - 6:30pm - 11:30pm


Accommodation

The property is a two storey brick built construction with pitched tiled roof, single storey garage to the side and conservatory within own grounds, briefly comprising:

Internal Details
Ground floor entrance hall leading to:
Main bar area with feature log burner 30-35 covers, lounge bar area with bay window and half circle bar 35-40 covers, dining area for approximately 20 covers and a conservatory / function room for approximately 60 covers.

Ancillary Areas
Ladies and gents toilets
Fully equipped catering kitchen
Cupboard / boiler room
Garage / store room
Beer cellar with spirits cupboard, dry storage and drop for deliveries

Owners Accommodation
Situated on the first floor
Large landing suited for dining space
Lounge with feature fireplace
3 double bedrooms
Bathroom
Kitchen
Separate WC

External Details
To the front of the property is a tarmac car park for approximately 50 vehicles. Beer garden to the rear with field leading off which is used for over flow parking. Private garden area with vegetable growing plot. Additional land adjacent to the beer garden which may be suitable for building (STPP).
   
  FOR SALE
   

REFERENCE:

2376 / RightBiz
   
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