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Public House With Fuction Rooms

Castleford West Yorkshire
PUBLIC HOUSE WITH FUCTION ROOMS - WEST YORKSHIRE Well maintained and presented throughout Separate owners' living accommodation
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 66292
ADVERT IMPRESSIONS : 16,807 TIME(S)

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

LEASEHOLD:

£49,000
 

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BUSINESS DETAILS:

PUBLIC HOUSE WITH FUCTION ROOMS - WEST YORKSHIRE
Well maintained and presented throughout
Separate owners' living accommodation
Advised turnover of over £7,000 a week
Massive scope to increase revenue
Ideal husband and wife opportunity
Lease currently expires in 2014
Early viewing highly advised
Superb rural location
LEASEHOLD


Location

This superb leasehold public house is situated in a beautiful rural area, close to Castleford in West Yorkshire. The property is highly visible from the main road of Rock Hill and easily accessible from the M62/M1 motorways.


Business History

Meridian Business Sales are delighted to offer for sale this beautiful public house which was established in the 1900's and has been in the capable hands our clients since 2004. Due to divorce, this property is reluctantly being offered to the market. We are currently advised that the business is turning over in excess of £7,000, and that is without the business operating at maximum potential, as they are not utilising the food option they have. The potential for the Rock Inn has to be seen to be believed, the current leaseholders have taken their foot off the gas due to impending divorce, but if a menu was introduced and the function suite utilised to its full potential turnover could easily be doubled. There is a fully functional stainless steel kitchen, therefore the potential to increase revenue by introducing food to the business is huge. Meridian Business Sales would like urge early viewing.


Financial Profile

Turnover: £364,000pa
Stock approximately: £4,000


Tenure

Leasehold
Original length: 5 years
Remaining: 3 years
Rent: £44,000pa


Opening Hours

Monday: 11:00am - 12:00am
Tuesday: 11:00am - 12:00am
Wednesday: 11:00am - 12:00am
Thursday: 11:00am - 12:00am
Friday: 11:00am - 12:00am
Saturday: 11:00am - 12:00am
Sunday: 11:00am - 12:00am


Accommodation

A well maintained and presented premises, with the potential to attract much more trade than it currently has.

GROUND FLOOR
Bar/Lounge - The main bar offers a selection of 11 different lagers, bitters, and ciders.

Main Lounge has Plasma TV with Sky Sports package, quiz machine, fruit machine, darts, dominoes and gents/ladies toilets.

Fully equipped stainless steel kitchen.

FIRST FLOOR
Licensed function room which can cater for 100 guests with a fully equipped stainless steel kitchen and the potential to renovate and turn into restaurant.

SECOND FLOOR
Living accommodation comprising of:
2 double bedrooms with en-suite, 1 single bedroom, kitchen and lounge.

EXTERNAL
Beer garden, smoking area, car park with 15-20 car parking spaces and off road parking.
   
  FOR SALE
   

REFERENCE:

2707 / RightBiz
   
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