Country Pub And Restaurant In Herefordshire | | Llangrove Herefordshire | | Popular Country Style Public House Llangrove, Herefordshire T/O: £126,521 GP: 49% Scope to increase turnover Well-presented Loyal customer base Well-equipped Spacious bar and restaurant Owners' accommodation Prime location | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 65273
ADVERT IMPRESSIONS : 9,103 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Pubs | | SALE: | Agent Sale | FREEHOLD: | £324,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Royal Arms occupies traditional country pub premises, prominently located on the main road through the delightful village of Llangrove, Herefordshire. The Royal Arms is situated on the outskirts of the village and lies between the towns of Ross-on-Wye and Monmouth, which are approximately 6 miles away. The business boasts picturesque views across the Herefordshire countryside and benefits from on-site parking, a nearby bus stop, along with several amenities in the vicinity. There are also several campsites and holiday homes nearby, as well as the Forest of Dean, which is a haven for tourists all year round. The business has good access to the A-road network, which connects with the M50 motorway to the north.
Business History
Preferred Commercial is pleased to offer this popular family run public house and restaurant, which has been in our client's careful hands since 2007 and which is only now being placed on the market due to our client's other business commitments. The business occupies 17th century premises, which still retain many of the original features and has a warm and charming atmosphere along with a mix of modern and traditional furnishings. There is a large bar, lounge and restaurant, along with a games room. The Royal Arms is well-known for serving fine ales and wines, and offers a wide selection of excellent quality food, along with regular themed food nights and cocktail evenings. There are also regular pool, darts and quiz nights. This public house and restaurant is free of tie and benefits from 3-bedroom owners' accommodation. We are advised that planning permission is in place to build an outside staircase up to the flat and for a covered area between the WC block and the main building. The business currently trades at a pace to suit our client and generates a turnover in the region of £126,521 per annum with a gross profit of 49%. We feel that turnover could be increased by extending the opening hours and by perhaps offering a lunch time menu. Our clients have gained an excellent reputation and a loyal customer base, which ensures much repeat trade. This is an ideal opportunity to acquire a well-presented public house and restaurant, which is well-equipped and in a walk-in-and-trade condition, with scope to develop further. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £126,521 approx.
GP: 49%
Opening Hours
Mon - Fri: 6.00pm - 11.00pm
Sat - Sun: 12.00pm - 12.00pm
Accommodation Details
17th century public house with large bar, lounge and restaurant, situated in a village location. Briefly comprising:
Lower Ground Floor
• Cellar with cooler, kegs and associated equipment
Ground Floor
• Bar area with 10-points of dispense and 3-real ale pumps, optics display, bottle chillers, electronic cash register, glass washer, exposed beams and brickwork, tables and chairs, pool table, dart board, TV and feature fireplace
• Lounge and restaurant with exposed beams and brickwork, wooden tables and chairs for approximately 40-covers and leather sofas and chairs
• Commercial kitchen with stainless steel extraction system, stainless steel preparation area, 6-burner hob and oven, double fryer, single fryer, plate warmer, double sink unit and 3 microwave ovens. Cleaning area with sink unit, 2 x freezers and 2 x refrigerators
First Floor
• Lounge
• Double bedroom
• Master bedroom with fitted wardrobes
• Single bedroom
• Bathroom with tiled floor, shower, WC, bath and chrome towel rail
External
• Enclosed beer garden with outbuliding containing ladies and gents WC, utility room with freezer and wood storage
• Shed
• Car park with space for approximately 14 cars
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2552 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
