Well Established Public House West Midlands | | Brierley Hill West Midlands | | WELL ESTABLISHED PUBLIC HOUSE - WEST MIDLANDS Business to include all fixtures, fittings and equipment Early interest and viewing is highly recommended | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68017
ADVERT IMPRESSIONS : 12,193 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £44,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | WELL ESTABLISHED PUBLIC HOUSE - WEST MIDLANDS
Business to include all fixtures, fittings and equipment
Early interest and viewing is highly recommended
Main road location in the town of Brierley Hill
Beer garden with children's play area
Close to Merry Hill Shopping Centre
Advised weekly turnover of £7,500
Rent £19,539 plus vat per annum
4 bed owners' accommodation
High turnover public house
Enterprise Inns lease
Scope for food sales
Wet sales only
LEASEHOLD
Location
This well appointed and established public house is situated on a main road location in the town of Brierley Hill in the West Midlands. It is one of the larger Black Country towns and is heavily industrialized, best known for glass and steel manufacturing, although the industry has declined considerably since the 1970's. One of the largest factories in the area was the Round Oak Steelworks which closed down and redeveloped to become the Merry Hill Shopping Centre. It's accessed by the B4172 from the A4100 via the A4036 and A458. It is in a central location being just 2 miles from Dudley, 3 miles from Stourbridge and 5 miles from Halesowen where you can pick up the M5 motorway.
Business History
Meridian Business Sales are privileged to offer to the market this well respected high turnover public house. The business dates back a couple of centuries and has been in the careful hands of our client for the previous 3 years. This superb concern is only being offered to the market due to our clients desire to move back to Tenerife. Our client informs us that the turnover for the business is in excess of £7,500 per week, which is derived from 100% wet sales averaging 360 barrels per annum. They benefit from a strong repeat customer trade and have a good cross section of age ranges. It's a sporting pub that has Sky Sports for the football followers and it boasts 2 darts teams, 1 golf society and 1 football team. The business is owner operated and benefits from 1 part time member of staff. During our clients ownership they have continually invested in fixtures and fittings which are all included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. We believe that there is huge potential to increase turnover by pushing food sales and opening at lunch times Monday through to Friday, therefore early viewing is highly recommended as this business cannot be missed.
Financial Profile
Turnover: £384,917pa
Stock approximately: £5,000
Tenure
Leasehold
Original length: 10 years
Remaining: 8 years
Review: 5 years
Rent: £19,593pa
Opening Hours
Monday: 3:00pm - 11:00pm
Tuesday: 3:00pm - 11:00pm
Wednesday: 3:00pm - 11:00pm
Thursday: 3:00pm - 11:00pm
Friday: 12:00pm - 12:00am
Saturday: 12:00pm - 12:00am
Sunday: 12:00pm - 11:00pm
Accommodation
Detached public house on main road location, briefly comprising;
GROUND FLOOR
Door into vestibule entrance leading to:
Bar/lounge with bar servery, 2x flat screen TV's, 2x dart boards, lounge with seating for 20, TV, bar servery with stools and ladies & gents toilet facilities
Kitchen with sink drainer, 2x fat fryers, wash basin, extractor unit and microwave.
Office with safe, cleaning store room with secure entrance with hallway to owners' accommodation
CELLAR (below ground)
Main beer cellar with sink
Bottle stores with beer drop
FIRST FLOOR
Owners' accommodation with fully fitted kitchen/diner, lounge, 3x double bedrooms, 1x single bedroom, seprate toilet and bathroom with bath with shower over and wash basin
EXTERNAL
Side yard and beer garden with smoking shelter and Sky TV, metal storage shed, kid's playground and patrons parking for 20 vehicles.
| | | | | | FOR SALE | | | | | REFERENCE: | 2759 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
