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Total Wet Sales Public House With Potential

Undisclosed Warwickshire
WARWICKSHIRE 100% WET SALES PUBLIC HOUSE WITH POTENTIAL 400 yr old pub located close to major shopping centre live bands & private functions held 2 bed accommodation W/T: £5,200 GP: 50% Scope for food sales -FF Comm kitchen L/H: £115,000 REF: 9772CV
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 52865
ADVERT IMPRESSIONS : 16,432 TIME(S)

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

LEASEHOLD:

£115000
 

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BUSINESS DETAILS:

LOCATION

• Prestigious 400 year old public house (haunted)
• Close to major shopping centre
• Good car park near by
• High footfall
• Area with high concentration of world wide tourists and visitors
• Extremely well known Warwickshire town

HISTORY

• Public house originates from 400 years ago
• Owned by present resident for the last 4 years

REASON FOR SALE

• Genuine family commitments and other business opportunities force sale

SERVICES

• 100% wet sales
• Side games room for pool, darts and fruit machine
• Log fire in front bar
• Rock night on Thursdays
• Unused commercial kitchen (well equipped)
• Rear patio, biggest enclosed garden in town
• Football on Wednesday’s
• Live bands
• Functions

CUSTOMERS

• Many regular local customers
• Overseas tourists and visitors
• High level of passing trade
• Meeting place for social occasions

STAFF

• Vendor full time
• 1 reliable full time employee
• 1 part timer

TRADING HOURS

• Mon to Sun: 12pm to 1am

FINANCIALS

• Turnover circa £5,250 per week
• Gross profit margin 50%
• Fixtures and fittings £5,600
• Pool & fruit machine average £250 per week

PREMISES

• Prominently sited 2 storey public house – double fronted
• Doorway to the centre of building
• Large open bar across the pub
• Open fire to the right hand side
• Secluded seating to rear of right hand
• Long games room on left
• Passageway leading to ladies & gents w/cs
• Large patio area (biggest enclosed garden in town)
• Cellar – stone (new coolers)
• Commercial kitchen behind bar equipped with full extraction, falcon grill, 4 burner range, 2 fryers, griddle, under freezer/fridge, cold press, double sink, hand wash, microwave cooker, small side store room

First Floor accommodation:
• 2 large double bedrooms
• Bathroom & w/c
• Fitted kitchen
• Large lounge

STRENGTHS

• Excellent reputation
• Regular and international tourists and visitors
• Superb location off main shopping area
• Functions – live bands
• ‘Olde worldy’

SCOPE

• Close by theatre, being refurbished – opening 2011
• Once theatre is open re-start food from kitchen
• Offer lunch time snacks and pub grub






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:

9772CV / RightBiz
   
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ENQUIRIES:

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