Thriving Public House In Cumbria | | Alston Cumbria | | Public House Alston, Cumbria Loyal customer base Well-equipped Town centre location | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 62433
ADVERT IMPRESSIONS : 13,287 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | FREEHOLD: | £249,950 | LEASEHOLD: | £25,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Turks Head Inn occupies substantial 2-storey premises ideally located in the town centre of Alston, Cumbria. The premises lie on the busy market square and are surrounded by a variety of complementary shops and businesses. There is ample car parking in the area and the business boasts easy access to the A-road network. Alston is an ancient, historic market town with many cobbled streets situated 1000ft above sea level and is a popular tourist destination. Penrith lies less than 20 miles away and Carlisle is approximately 25 miles away.
Business History
Preferred Commercial is pleased to offer for sale this thriving public house, which was established in 1679 and has been in our client's careful hands since 2004. The business is only now offered to the market due to our client's wish to retire. The premises are well-equipped to suit the trade with a large lounge area complete with original feature stone fireplace, tables and chairs to suit, spacious bar area with 10 points of dispense and rear lounge with tables and chairs. The business has established an excellent reputation and enjoys a large, loyal customer base. The premises boasts 3-bedroom owner's accommodation with a lounge, office, bathroom and a commercial kitchen. Our client offers a wide range of beverages including wine, lager and cask ales. The business is run at a pace to suit our client and trades 7 days a week, which generates a turnover in the region of £170,000 per annum with a gross profit of 55%. We feel this could be further increased by establishing restaurant services and the new owner could, if desired, also convert two of the owners' bedrooms into letting rooms. This is an ideal opportunity to acquire an already thriving public house with 3-bedroom owner's accommodation and huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £170,000 per annum
GP: 55%
Opening Hours
Mon - Fri: 1:00pm till late
Sun: 12:00pm till late
Accommodation Details
Substantial 2-storey public house premises with 3-bedroom owners' accommodation. Briefly comprising:
Ground Floor
• Lounge area with original feature stone fireplace, tables and chairs to suit, dart board, bar stools, beamed ceiling and horse brasses
• Bar serving both lounges, with 10 points of dispense, wine chiller, glass washer, bottle chiller and coffee machine
• Rear lounge with stone fireplace, electric fire, beamed ceiling, bar stools, tables and chairs and TV
First Floor
• 3 x double bedrooms
• Lounge
• Office
• Bathroom
• Commercial kitchen
External
• Cobbled smoking area
• Ladies and gents WCs
Tenure
Leasehold: new lease to negotiated
| | | | | | FOR SALE | | | | | REFERENCE: | 2414 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
