Traditional Public House In South Yorkshire | | Sheffield South Yorkshire | | Public House, Sheffield, South Yorkshire T/O: £260,000 GP: 45% Scope to expand business Good trading position 3-bed owners' accommodation Loyal customer base | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 57565
ADVERT IMPRESSIONS : 14,586 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £10,000 | ANNUAL RENT: | £32760 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Rose House occupies prominent 2-storey premises ideally located on a busy main street on the outskirts of Sheffield, South Yorkshire. The business benefits from the surrounding residential areas and there are a number of complementary shops and businesses in the locale. There is ample on-street car parking in the vicinity and the premises are based on the local bus route. The business has good access to the A road network and is within easy reach of the M1, with junction 34 approximately 5 miles away. The city centre is just over 1 mile distant. Sheffield is a lively and thriving town and is popular with students attending to the University. There are many other attractions in the city centre including theatres, restaurants, parks and gardens.
Business History
Preferred Commercial is pleased to offer for sale this busy public house, which was established in 1910 and has been operated by our clients since 2008. The business has only now been presented to the market due to our clients' other business interests. The property is well-equipped to suit the trade and boasts a bar lounge, function room, tap room and 3-bedroom owners' accommodation. The premises have been recently redecorated, with new flooring, and the exterior repainted. The public rooms are all served by a central bar servery, which makes the rooms easily manageable. Our clients have established a loyal customer base and there are a number of sports teams associated with the public house, including a football team, a games team, a darts team and a fishing club. The business generates a turnover in the region of £260,000 per annum with a gross profit of 45%, derived from 100% wet sales. The function room is very popular within the local community and is regularly booked for family events and private parties. There is an outbuilding to the rear of the property which has potential for conversion to a commercial kitchen, subject to the necessary planning permission. Introducing food sales would further enhance turnover. The public house is tied to Enterprise Inns. We feel this is an ideal opportunity to acquire a thriving business in a great trading location, which has further potential for expansion. Early contact with Preferred Commercial is highly recommended.
Financial Details
T/O: £260,000 approx.
GP: 45%
Opening Hours
Mon - Fri: 12.00pm to 12.00am
Sat: 11.00am to 1.00am
Sun: 12.00pm to 1.00am
Accommodation Details
2-storey public house with owners' accommodation. Briefly comprising:
Ground Floor
• Lounge bar with tables and chairs for approximately 30 people and which can accommodate up to 80 people. Central bar servery with 8 x points of dispense, 2 x 2-door chillers, wall optics and electronic cash register
• Function room with tables and chairs for approximately 20 people. Suitable for parties of up to 50 people. Central bar servery with 6 x points of dispense, chiller, wall optics, glass washer and electronic cash register
• Tap room with perimeter seating and tables for approximately 40 people and which can accommodate up to 60 people. Central bar servery with 5 x points of dispense
First Floor
• Lounge
• Kitchen
• Office
• Bathroom
• 3 x double bedrooms
External
• Outbuilding
• Smoking shelter
• Courtyard area with 4 x benches
• Parking for one car
Tenure
Leasehold
Original length: 5 years
Remaining: 2 years
Review: every 3 years
Rent: £32,760 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2141 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
