Isle Of Sheppey Freehold Public House | | Eastchurch Kent | | Public House Isle of Sheppey T/O: £200,000 GP: 40% Huge scope Monopoly trading location Close to large caravan sites Spacious 4-bed accom | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 56547
ADVERT IMPRESSIONS : 17,927 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Pubs | | SALE: | Agent Sale | FREEHOLD: | £409,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Wheatsheaf public house is ideally located in a semi-rural location on the Isle of Sheppey in Kent. The pub is surrounded by many large caravan sites, from which it draws much trade and lies on one of the major routes to the beach. The business benefits from ample off street parking for approximately 50 cars, and boasts a monopoly trading position. The Isle of Sheppey is a popular holiday destination, which is easily accessed via the A249 Maidstone Road and the M2 motorway.
Business History
Preferred Commercial is delighted to offer for sale this popular public house, which was established in 1921 and which has been in our clients' careful hands since 2001. The business is only now being placed on the market due to our clients' wish to retire. The public house generates a turnover in the region of £200,000 per annum with a gross profit of 40% with a wet/dry split of 60/40%. The pub boasts 90 covers internally and a further 50 external covers. There is scope to increase turnover by extending the winter opening hours, offering more entertainment in the summer months and by embarking on a modest advertising campaign. The premises boast spacious 3 / 4 bedroom owners' accommodation and a large function area used for karaoke and live entertainment. We feel this is an ideal opportunity to acquire a freehold public house in such a desirable area. Early discussions with Preferred Commercial are highly recommended.
Financial Details
T/O: £200,000 approx.
GP: 40%
Opening Hours
March - October
Mon - Sat: 12.00pm - 3.00pm & 6.00pm - 11.00pm
Sun: 12.00pm - 11.00pm
November - February
Mon - Fri: 12.00pm - 3.00pm & 6.00pm - 11.00pm
Sat - Sun: 12.00pm - 7.00pm
Accommodation Details
Substantial detached public house with large car park to rear and spacious beer garden to front. Briefly comprising:
Ground Floor
• Lounge bar with polished wood bar servery, a mixture of fixed and loose seating and tables
• Snug with fixed and loose seating and tables
• Family room with fixed and loose seating and tables
• Ladies and gents WCs
• Kitchen and preparation room with stainless steel work surfaces, microwave ovens, refrigerators, dishwasher, 6-burner gas oven and various other equipment
Lower Ground Floor
• Beer cellar
First Floor
• Large lounge
• Spacious kitchen with a range of fitted wall and base units
• 3 / 4 bedrooms
• Bathroom with bath, WC and wash basin
External
• Car park to rear for approximately 50 vehicles
• Storage area to rear with walk-in freezer
• Large beer garden to front laid mainly to lawn with picnic benches
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2102 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
