Hotel And Restaurant In Cheshire | | Ellesmere Port Cheshire | | Hotel and Restaurant Ulverston, Cumbria T/O: £360,000 Scope to increase turnover Well-established business Centrally located Popular tourist destination | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 54246
ADVERT IMPRESSIONS : 7,991 TIME(S) | | | | BUSINESS SECTOR: | Leisure / Recreation | | TRADE TYPE: | Other | | SALE: | Agent Sale | LEASEHOLD: | £64,950 | ANNUAL RENT: | £51684 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Sea Horse public house is ideally located on a busy main road within a large housing estate in Great Sutton, on the outskirts of Ellesmere Port, Cheshire. The detached property boasts large private car parking areas and is surrounded by a densely populated residential area. The premises are close to the local bus route and the centre of Ellesmere Port is less than 2 miles away. The business is just off the busy A41 and enjoys good access to the motorway network, with both the M56 motorway and the M53 motorway approximately 2 miles distant.
Business History
Preferred Commercial is pleased to offer for sale this traditional public house, which was established in 1972 and has been operated by our client since 2000. The business is only now offered for sale due to our client's wish to retire. The property is spacious and well equipped and boasts unusual features throughout, such as a stained glass feature ceiling in the lounge and a vaulted ceiling in the bar. There is also sizeable 3-bedroom owner's accommodation. The public house is tied to Enterprise Inns for cask and bottled beers only, with annual turnover at approximately £572,000 and gross profit at 45%. Our client has built up a loyal customer base, which ensures a high level of repeat business, and currently trades mainly in wet-sales, along with a selection of food. We feel the business could be further increased by expanding the food menu and applying to extend the opening hours, along with offering the facilities and services for functions such as weddings and other celebrations. This is an ideal opportunity to acquire a well-established and already profitable public house, which has further scope to expand. Early inspection and negotiations with Preferred Commercial are highly recommended.
Financial Details
T/O: £572,000 approx.
GP: 45%
Opening Hours
Mon - Sat: 12.00pm to 11.00pm
Sun: 12.00pm to 10.30pm
Accommodation Details
Large, detached public house with separate owner's accommodation and ample car parking. Briefly comprising:
Ground Floor
• Lounge with traditional fittings, carpeted flooring, perimeter seating, tables, chairs, large stained glass feature ceiling, menu boards, full width wooden bar with 9 points of dispense including 1 for real ale and 2 for wine, optic display, 2 x drinks chillers and electronic cash register
• Spacious bar area with pool table, dart board, vaulted ceiling, 3 x electronic games machines, juke box, 3 x flat screen televisions, ATM, perimeter seating, tables, wooden bar servery with 14 points of dispense including 2 for real ale and 3 for wine, 3 x drinks chillers, display optics and electronic cash register
• Office
• Ladies and Gentlemen's WCs
• Kitchen with 6-burner gas range and oven, double fryer, griddle, 3 x microwave ovens, dishwasher, stainless steel work areas, extraction unit and double sink
• Ground floor level cellar
• Store room incorporating bottle store and freezer store.
First Floor
• Owners' accommodation, which is centrally-heated throughout and has an exit door to patio area.
• Kitchen with wall and base units, hob, oven and sink unit
• Large lounge with carpeted flooring
• 3 x double bedrooms
• WC
• Bathroom with shower cubicle, wash basin and tiled flooring.
External
• Car park to front
• Large car park to rear
• Patio/smoking area to side with wooden benches
Tenure
Leasehold
Original length: 30 years
Remaining: 20 years
Review: every 5 years
Rent: £51,684 (inc. VAT) per annum | | | | | | FOR SALE | | | | | REFERENCE: | 1989 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
