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Picturesque Riverside Country Pub And Restaurant

Undisclosed Leicestershire
PICTURESQUE RIVERSIDE COUNTRY PUB AND RESTAURANT Main rd location backing onto a popular canal stretch Can accommodate 100 covers -all day menu A/T: £400,000 - Canal boat trips provided on a 10 seat boat (available via seperate negotiation) 3 Bed owners accommodation L/H: £100,000 +SAV REF: 1084LE
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 64635
ADVERT IMPRESSIONS : 15,778 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Public Houses
SALE: Agent Sale

LEASEHOLD:

£100,000
 

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BUSINESS DETAILS:

LOCATION

• Main road location within easy reach of array of surrounding villages
• Large car park for up 20 cars
• Beer garden area with extensive children’s play area
• Backing on to beautiful and popular canal stretch

HISTORY

• Established circa 100 years, under current vendor for 4 years
• Originally coaching stop
• Popular canal side public house and restaurant
• Popular with walkers and local residents alike
• Converted from three cottages in large public house and restaurant

REASON FOR SALE

• Family Bereavement

PRODUCTS

• A wide range of alcoholic drinks
• Range of non alcoholic drinks
• Comprehensive wine list
• Brewery tied on real ales and cider
• Menu consisting of local hearty meals and all day breakfasts:
• Sunday lunch menu
• Lunchtime menu
• Bar menu
• Evening Menu
• Breakfast menu
• Specials board

SERVICES

• Weddings and funeral functions
• Business meetings
• Social events and parties
• Canal boat trips (a 10 seat canal boat available via seperate negotiation)

CUSTOMERS

• General public, local patrons
• Events goers
• Tourists and travellers

SUPPLIERS

• All stock supplied through a variety of local sources and brewery supply lines

STAFF

• Vendor
• Bar manager
• 3 x chefs full time
• 2 x full time bar staff
• 8 x part time

TRADING HOURS

• Monday to Sunday 9.00am to 12.00pm
• Food served: 9.00am to 3.00pm and from 6.00pm to 9.00pm

FINANCIALS

• Turnover circa £400,000

PREMISES

• Historic country pub consisting of 3 attached converted cottages
• Lounge entrance area with seating capacity of up to 20 patrons
• Semi private restaurant area with seating for up to 30 patrons
• Lounge dining area with seating for up to 15 patrons
• Outside rear seating area backing on to canal
• Beer garden and seating area with integral children’s activity and play area including climbing and play apparatus
• Clean and accessible basement cellar for beers, lager and soft drink storage
• Fully fitted commercial kitchen including large range cooker, chest freezer and commercial refrigeration unit
• Large 3 bedroom private residence above bar areas with lounge/dining area, separate W/C, bathroom with integral shower and bath

STRENGTHS

• Due to be fully refurbished in October 2011
• Very well established with patrons travelling from many local towns and villages and nationwide
• Loyal and repeat customer base
• Significant income increase during local attractions throughout the year
• Premises can easily accommodate 100 + patrons

SCOPE

• Scope to introduce promotional evenings and live music
• Very little marketing currently undertaken
• Clean and bright living quarters make this an ideal purchase for husband and wife with family investors
• Promotion of events, parties, weddings and canal boat trips would be advantageous



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:

1084LE / RightBiz
   
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ENQUIRIES:

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