Spacious Detached Country Public House & Restaurant | | Undisclosed West Midlands | | Approximately 5 miles from the centre of WEST MIDLANDS | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 60869
ADVERT IMPRESSIONS : 26,964 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £120000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : Large Car Park for approx. 80 cars plus garden with lawn
SPACIOUS BAR fully carpeted. Tables and chairs plus bar stools providing seating for 60 persons. Bar with 9 hand pumps, glasswasher, 5 double door glass fronted drinks fridges.
Ladies' cloakroom with 2 w.c's, 2 wash hand basins
Gentlemen's cloakroom with w.c. urinal, wsh hand basin
SPACIOUS RESTAURANT fully carpeted, wall and ceiling lighting. Tables and chairs providing seating for 90 persons. Carvery.
Additional ladies' cloakroom with 2 w.c's, 2 wash hand basins
Additional gentlemen's cloakroom with w.c. urinal and wash hand basin
LARGE COMMERCIAL KITCHEN with non-slip floor. Fully equipped including mainly stainless steel equipment. The equipment includes 6-burner gas cooker, large charcoal grill, 2 large gas deep fryers, 1 large stainless steel fridge, 4 additional fridges, 4 chest deep freezes, 2 upright deep freezes, single sink and drainer.
Dry Goods Store
Large Cellar with Beer Cellar
Location : Approximately 5 miles from the centre of WEST MIDLANDS
Opening Hours : 12 noon - 12 midnight seven days per week
Turnover : WE ARE INFORMED the turnover averages £11,000 p.w. Gross profit we are advised in the region of 50%. We are further advised that the split of turnover is approximately 70% catering and 30% wet sales.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 16 years unexpired renewable brewery lease at a current rental of £46,000 p.a. exclusive of rates. We understand the rental is index linked to inflation each year. We are further advised that the Public House is tied for the sale of beers, spirits and minerals.
Uniform Business Rates: £8,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The private living accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:
3 Bedrooms (2 doubles, 1 single
Bathroom with bath, wash hand basin
Separate w.c.
Large Lounge
Outside : Large tarmaced car park for approx. 80 cars
Garden with lawn
Staff : The business is at present operated by the vendor with the assistance of 2 full time and 5 part time staff. | | | | | | FOR SALE | | | | | REFERENCE: | H7801 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
