Town Centre Pub With Letting Rooms And Owners Accommodation | | Undisclosed Essex | | ESSEX TOWN CENTRE PUB WITH LETTING ROOMS Prominently sited in riverside town separate function room, 3 en suit letting rooms 2 bed owners' accomm 70/30 wet/dry split WITH 20 COVERS W/T: £5,000 Tremondus scope to expand L/H: £119,950 +SAV REF:1033CM | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 62698
ADVERT IMPRESSIONS : 11,979 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £119,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Prominently sited on the High Street of delightful Essex riverside town
A well known landmark with sizeable patrons car park
Thriving area with considerable tourist trade during the summer months
Ideally positioned to attract townspeople, business travellers, shoppers and visitors
HISTORY
Traditional town centre public house with heritage dating back many centuries
Loyal and repeat customer base drawn from the local community and visitors to the town
On going maintenance programme covering rooms and public areas
Acquired by vendors 6 years ago
REASON FOR SALE
Family commitments
SERVICES
Full range of real ales, lagers, spirits and alcoholic beverages
Teas, coffees and soft drinks
Pool with teams
Darts including 4 teams
2 gaming machines
Quiz league
Poker club
Sky TV
Bed and breakfast accommodation with 3 en-suite letting rooms
Lunchtime and evening meals with traditional pub fayre offered
CUSTOMERS
Traditional role as town centre community pub
Rooms let on short term basis with close to full occupancy
SUPPLIERS
Consumables sourced from a wide variety of trade suppliers
Tied to Enterprise for beers only
STAFF
2 Vendors work full time in the business
10 part time staff
TRADING HOURS
Monday to Thursday 11am to 3pm and 6pm to 11pm
Friday and Saturday 11am to 12 Midnight
Sundays 11am to 11pm
Licensed until 1am
FINANCIALS
Weekly takings average £5,000
Good gross margin at 57%
70%/30% wet/dry split
Stock approximately £5,000
PREMISES
A traditional High Street public house with large bar area, restaurant, function room, outside seating area, beer garden, owners accommodation and letting rooms
Large bar area
Separate lounge
Pool table
3 gaming machines
Ladies and Gents WCs
Conservatory restaurant area with approximately 20 covers
First floor function room with capacity for TBC
Fully equipped commercial kitchen
3 chalet style en suite letting rooms (2 twins and 1 double)
Large patrons car park
Spacious owners accommodation comprising briefly:
o Large lounge
o 2 large double bedrooms
o WC
o Kitchen
o Family bathroom
STRENGTHS
Located in the very heart of the town
Loyal repeat customer base of locals and visitors
A well known public house with loyal local following
Considerable revenue from a range of streams including room sales, gaming machines and food
Spacious facility with excellent potential
Strong community involvement with room busy with functions, quizzes and various meetings around 15 nights per month
SCOPE
Focus on additional food sales with new menus
Extension of existing restaurant facility
Childrens play area
Refurbishment of customer areas and function room
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises | | | | | | FOR SALE | | | | | REFERENCE: | 1033CM / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
