Public House For Sale Telford | | Telford Shropshire | | • Fantastic town centre trading position • Two interconnecting lounges • Private three bedroom accommodation • Weekly takings in excess of £3,000 p/w • Well established since 1861 • Huge scope for increase and development potential • Early viewing | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 65937
ADVERT IMPRESSIONS : 13,087 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | ASKING PRICE: | £299995 | FREEHOLD: | £299995 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | KEY FEATURES:
• Fantastic town centre trading position
• Two interconnecting lounges
• Private three bedroom accommodation
• Weekly takings in excess of £3,000 p/w
• Well established since 1861
• Huge scope for increase and development potential
• Early viewing essential
THE BUSINESS:
Local Commercial Ltd is honoured to offer for sale this fantastic well established freehold public house. Established since 1861 and in the hands of the current proprietors since 2001, this business enjoys the benefits of a regular and consistent client base, and is a focal point within the community. The public house is situated in the town of Oakengates, Telford, the business benefits from its central location, with the advantage of its close proximity to local immunities, with a high footfall and vast amounts of passing trade.
The Station Hotel consists of two large interconnecting lounge areas, and is decorated to a high standard throughout. This traditional pub is well known for is real ale and homely feel, and benefits from impressive levels of turnover on wet sales only. The public house has a large spacious bar area, with a full range of optics and draughts associated with a business of this nature. There is adequate free standing and fitted seating with tables, which could easily incorporate the sale of food in order to substantially increase the turnover and profitability it currently receives.
There is a huge scope for improvement in regards to the overall profitability the business could achieve. This firstly could be in regards to the sale of food, as the business at present only caters for wet sales. This would without doubt increase upon the profitability the business enjoys. There would also be the option to look into the entertainment industry, as due to its central location, the business would benefit from exploiting the local demand and providing nights which incorporate live bands etc and the option of quiz nights which have proved successful with similar pubs within the area. A more vigorous marketing packing in terms of advertisement would also prove successful, this could be done in terms of a website for the public house.
Due to the vast amounts of potential this venture would suit any enthusiastic purchaser wishing to obtain a substantial freehold public house that benefits from a vibrant town centre location and receives healthy profits. This alternatively would be a fantastic investment for a local or regional buyer wishing to substantially increase their portfolio within the public house sector. We strongly recommend a viewing in order to see the full potential the public house has to offer.
SITUATION:
Situated in the vibrant town of Oakengates, Telford, The Station Hotel benefits from its town centre location, close to complimentary outlets, with high footfall and vast amounts of passing trade. The public house is within close proximity to a local train station (Oakengate railway), is close to nearby major roads such as Queensway, and is accessible to nearby motorway links.
TRADING HOURS:
Monday – Saturday: 10:00am – 11:00pm
Sunday: 10:30am – 4:00pm & 7:00 – 11:00pm
FINANCIAL INFORMATION:
The current turnover is in the region of £3,300 per week.
TENURE:
Freehold.
PROPERTY DESCRIPTION:
The main entrance leads through to the bar area, with the public house consisting of two large interconnecting lounge area. There is vast amounts of both fixed and loose furniture, as well as seating to the bar area. It could easily incorporate eating facilities due to the positing of the tables at present. There is a fully fitted kitchen area to the rear of the premise that is currently unused; this could cater for the preparation of food if a new purchaser wished to look into the incorporation of dry sales to increase profits. There are also separate WC male and female facilities to the ground floor, as associated with a business of this nature.
There is also a beer garden facility to the rear which incorporates a smoking area.
The Station Hotel has the added benefit of providing three bedroom owners accommodation above the public house. This has separate access and could therefore be rented for additional income if desired. The three bedrooms are large double rooms, there is also a lounge area, kitchen and fully fitted bathroom, all finished to a good standard throughout.
Viewing and Confidentiality
All arrangements to view are strictly by an appointment through the Offices of Local commercial. And no approaches what so ever should be made to the owner or the business.
For an appointment to view please telephone 01254 776022.
Quote Ref 1145 | | | | | | FOR SALE | | | | | REFERENCE: | 1145 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
