Pub With Function Rooms And Snooker Hall In Nottinghamshire | | Rainworth Nottinghamshire | | Pub with Function Rooms and Snooker Hall, Rainworth, Nottinghamshire T/O: £250,000 GP: 54% Huge potential Substantial property Large car park Established business | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 59473
ADVERT IMPRESSIONS : 19,587 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | FREEHOLD: | £315,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Venue occupies substantial premises ideally located in the village of Rainworth, Nottinghamshire. The premises are located in a prominent corner position in the village centre. The business benefits from private parking and there are a number of complementary businesses in the area. Rainworth is mainly a residential village with regular buses running through the area. The business has easy access to the A-road network and the M1 motorway is just 10 miles way.
Business History
Preferred Commercial is delighted to offer for sale this popular pub with function rooms and snooker hall, which was established by our client in 1984 and is only now offered for sale due to our client's wish to retire. The substantial property was formerly a cinema, dating back to the 1920s, which is now a well-established pub and venue. There are a number of rooms over two floors including a lounge bar and a function room to the ground floor, which have a central bar serving both rooms, and the snooker room and a further function room with bar servery to the first floor. The snooker hall has 7 tables and the function rooms have a good level of bookings. The public bar is popular and customers are attracted from all over the region to the facilities. The premises also boast a 1-bedroom owner/managers flat. The business also serves a carvery roast dinner on Sundays. Currently trading seven days per week, the business achieves a turnover of approximately £250,000 per annum with a gross profit of 54%. These large, versatile premises offer the new owner a huge opportunity to expand the business by, perhaps, utilising the commercial kitchen further and establishing a restaurant. Creating a web site containing information about the available facilities, location and contact details would further promote the business. This is an ideal opportunity to acquire this already popular pub with function rooms and snooker hall, which has further potential and accommodation. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £250,000 approx.
GP: 54%
Opening Hours
Mon - Thurs: 11:00am to 12:00am
Fri - Sun: 11:00am to 1:00am
Accommodation Details
Substantial pub, function venue and snooker hall with private parking. Briefly comprising:
Ground Floor
• Public lounge bar with chairs and tables for 40 covers
• Large function room with corner stage and tables and chairs for 80 covers with a maximum capacity of 150
• Central bar serving both rooms with 15 points of dispense, 2 x single door refrigerators, wine pumps and wall optics
• Ladies and gents WCs
• Kitchen with 6 x burner gas range, commercial sink unit, microwave oven, refrigerator, freezer and fitted units
First Floor
• Snooker hall with 7 x snooker tables
• Function room with tables and chairs for 60 covers
Managers Flat
• 1-bedroom flat over two floors with bedroom, lounge, kitchen, bathroom
External
• Garden area with seating and smoking area
• Private parking
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2238 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
