Popular Public House In Hinckley | | Hinckley Leicestershire | | Busy Public House Hinckley, Leicestershire Scope to increase turnover Loyal customer base Well-equipped Owners' accommodation | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 62117
ADVERT IMPRESSIONS : 12,417 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £41,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Black Horse is ideally located on a main road, in a densely populated residential and commercial area of Hinckley, Leicestershire. The business benefits from ample on-street parking and there are a variety of shops and businesses in the vicinity, while the town centre is just a short distance away. There are regular buses running through the area and the train station is within easy walking distance. Hinckley is a historic town, which possesses many attractions and amenities including theatres, museums and a 400-seat auditorium, as well as cafes, pubs and restaurants. The business benefits from easy access to the local A-road network and the M69 motorway is lies approximately 3 miles away, while Coventry and Leicester are approximately 12 miles away.
Business History
Preferred Commercial is pleased to offer for sale this popular public house, which has been in our clients' hands since 2008 and which is only now being placed on the market due to our clients' wish to retire. The business generates a turnover in the region of £156,000 per annum with a gross profit of 50%, derived from serving alcoholic beverages and providing a Sunday carvery. The business is well-equipped to suit the trade and is maintained to a high standard throughout and still retains many of its original features. The pub boasts a large bar area with 10-points of dispense, spacious lounge and a large function room, which is available for hire and also hosts many live entertainments shows. Our clients have gained an excellent reputation and loyal customer base by providing a welcoming and friendly atmosphere. The business also offers 2-bedroom owners' accommodation, which has a spacious lounge, kitchen and a bathroom with shower. We feel that turnover could be increased by expanding the food sales and offering lunch time and evening meals. This is an ideal opportunity to acquire an already busy public house, with scope to develop further. Early negotiations with Preferred Commercial come highly recommended.
Financial Details
T/O: £156,000 approx.
GP: 50%
Opening Hours
TBA
Accommodation Details
Popular public house with large open plan lounge and bar area, with private function room, situated in a busy historic location. Briefly comprising:
Lower Ground Floor
• Cellar with ice machine, generator, 5 x cask pumps, 5 x assorted pumps. New cleaning unit and 2 x sinks
Ground Floor
• Open-plan lounge and bar area to accommodate approximately 100-people, bar with 10-points of dispense, optics display, 2 x chiller units, snug area with open fire and music system
• Ladies and gents WCs
• Private function room with separate access from courtyard garden with seating and tables for up to 60-people, bar area with drinks chiller and electronic cash register
• Rear room with storage, glass washer, sink unit, carvery hot plate and Bain Marie, 2 x chest freezers and music system
• Large kitchen with 5-burner hob and oven, hot plate, 2 ovens and grills, 2 x fryers, mini oven, 2 x microwave ovens, refrigerator and freezer and 2 x freezers
• Preparation area with commercial sink, dishwasher, boiler and shelving to suit
First Floor
Owners' accommodation with separate entrance
• 1 x double bedroom
• 1 x large double bedroom
• Bathroom and shower
• Lounge
• Kitchen with a range of fitted units
External
• Street frontage
• Courtyard garden to the rear with covered smoking area
• Rear car park
Tenure
Leasehold
Original length: 21 years
Remaining length: 17 years
Rent review every: every 3 years
Rent: £21,000 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2390 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
