Superb Leasehold Public House Oxfordshire | | Oxford Oxfordshire | | SUPERB LEASEHOLD PUBLIC HOUSE - OXFORDSHIRE Well presented 3 double bedroom living accommodation Advised turnover of £330,000 PA with good GP returns | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 59286
ADVERT IMPRESSIONS : 8,447 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £130,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | SUPERB LEASEHOLD PUBLIC HOUSE - OXFORDSHIRE
Well presented 3 double bedroom living accommodation
Advised turnover of £330,000 PA with good GP returns
Situated in the highly desirable area of Cowley
Early interest and viewing is highly advised
Sale price includes all fixtures and fittings
Exceptionally well presented throughout
Ideal lifestyle change opportunity
Favourable brewery tie lease
Genuine reason for sale
LEASEHOLD
Location
This superb leasehold public house is situated in the highly desirable area of Cowley which is located just on the outskirts of the city of Oxford. The business stands proud on one of the areas through roads with a wealth of neighbouring commercial businesses, large corporate style companies and a good amount of residential homes. The public house benefits massively from the surrounding areas as they each supply a consistent amount of local trade throughout the year. Oxford city centre is only 2 miles away with oxford university less than 2.5 miles away so the area is hugely popular with students and city centre commuters. Cowley also benefits from being situated to the east of the city facing the M40 motorway which is less than 7 miles away making visiting and commuting very easy.
Business History
Meridian Business Sales are delighted to offer for sale this superb leasehold public house which has a proud history dating back to the early 1800s. Since 2008 it has been owned and run by our client who is only now placing it onto the market due to his growing family commitments. The pub which is managed by our client achieves a highly respectable advised annual turnover of £330,000 which is derived from an average 80/20 wet/dry split from alcohol and food sales. The entire opportunity is exceptionally well presented throughout with our client going to considerable expense and effort which has resulted in a very inviting facility that is a pleasure to visit. The public house has several major attractions including wide open seating areas coupled with a beautiful rear garden facility that boasts a large smoking shelter, wide open seating areas, a wooden raised decked area with a fitted BBQ. The property also has three bedroom living accommodation with living room, family bathroom and kitchen which has been decorated to an exceptionally high standard. Our client is very generously including all fixtures and fittings into the sale price which means that a new owner does not need to spend additional funds for the foreseeable future. We would like to recommend early viewing of this opportunity as public houses of this quality rarely appear onto the market.
Financial Profile
Turnover: £330,000pa
Stock approximately: £5,000
Tenure
Leasehold
Original length: 10 years
Remaining: 7 years
Rent: £38,000pa
Opening Hours
Monday - Thursday 5:00pm - 11:00pm
Friday: 3:00pm - 12:00am
Saturday: 12:00pm - 12:00am
Sunday: 12:00pm - 10:30pm
Accommodation
Beautifully presented public house offering open plan bar and lounge with fitted wooden bar and darts area, male and female toilets, stainless steel kitchen, large rear beer garden presented to an exceptional standard, ground floor high ceiling cellar with ample storage, first floor 3 double bedroom private living accommodation with recently fitted modern kitchen, lounge and family bathroom.
Ground Floor - Secure front main entrance leading to open plan bar/ lounge area with fitted seating, traditional tables, chairs and stools (capacity approximately 80 - 85), fitted wooden bar with pumps and spirit displays, darts areas with additional seating, feature fireplace, access to rear garden along with male and female toilets.
Commercial style stainless steel kitchen with fitted extraction, storage area and celler with high ceiling and ample storage.
First Floor - Private living accommodation with 3 double bedrooms, living room, family bathroom with toilet, bath and wash basin, kitchen with fitted worktops, wash basin, cupboards and drawers (recently modernised and supplied by Moben Kitchens).
External - Communal roadside parking to the front.
Beautifully presented open plan garden (capacity 130 - 135) with large wooden fitted smoking shelter, BBQ area with server and work space, lawned area with picnic bench seating and umbrellas, raised wooden decked area with additional seating, slabbed area with seating, storage outhouse, garage used for additional storage and delivery area to side of property. | | | | | | FOR SALE | | | | | REFERENCE: | 2532 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
