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Established Public House Near Scunthorpe Lincolnshire

Scunthorpe Lincolnshire
Public House Nr Scunthorpe, North east Lincolnshire T/O: £150,000 GP: 59% Run at pace to suit Huge scope Free of tie Extensive car park 3-bed owners' accom
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 68059
ADVERT IMPRESSIONS : 7,681 TIME(S)

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

FREEHOLD:

£345000
 

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BUSINESS DETAILS:

Location
The Ironstone Wharf occupies a prominent trading position on the main road, the A18, running through the village of Gunness in North East Lincolnshire. The business is surrounded by a mixture of residential and industrial areas, from which it draws much trade. Being on the main road, the pub benefits from much passing trade. The business is easily accessible being served by several bus routes and a railway station within a third of a mile. Scunthorpe town centre lies just 3.5 miles to the east and Doncaster lies 20 miles to the west. The area boasts excellent road links being just a mile from the M181, which leads to the M180, giving access to the rest of the motorway network.

Business History
Preferred commercial is pleased to offer for sale this old established public house, which has been in our client's hands since 1994 and which is only now being placed on the market due to our client's wish to retire. The business is currently run at a pace to suit our client and generates a turnover in the region of £150,000 per annum with a gross profit of 59%, derived from wet sales only. The pub is well supported by locals and plays host to ladies' and men's darts teams, a dominoes team as well as a football team. The premises boast spacious owners' accommodation and an extensive car park, for approximately 60 vehicles, which could, subject to the necessary planning consent, be developed for housing. We feel a new owner could dramatically increase turnover by utilising the commercial kitchen and offering meals, for which we believe there is a huge demand. We are advised that truck drivers use the car park overnight and by offering meals in the evening and perhaps breakfasts, would generate further income from this source. The business would also benefit from the introduction of a modest website to further market the pub. We feel this is an ideal opportunity to acquire a freehold, free of tie, public house with immense scope for future growth. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: £150,000 approx.
GP: 59%
Huge scope

Opening Hours
Mon - Sat: 11.30am - 11.00pm
Sun: 11.00am - 11.00pm

Licence is from 9.00am to 2.00am - 7 days per week

Accommodation Details
Substantial detached 2-storey public house premises with 3-bedroom owners' accommodation and extensive car park. Briefly comprising:

Lower Ground Floor
• Beer cellar fitted and equipped to suit trade

Ground Floor
• Main bar area with fixed perimeter seating and tables and chairs, bar servery with 12 points of dispense, double door drinks chiller, single door drinks chiller, electronic cash register, optics and display shelving
• Pool/games area with pool table and large screen TV
• Ladies and gents WCs
• Commercial kitchen with 6-burner hob and oven, 4-pot Bain Marie, stainless steel preparation surfaces, microwave ovens, pie warmer, meat slicer, 2 x fryers and wash up area
• Boiler room

First Floor
• Large lounge
• Kitchen with a range of fitted wall and base units
• 3 x large double bedrooms
• Family bathroom

External
Grounds extend to approximately 1 acre
• Extensive car park with space for approximately 10 trucks and 50 cars
• Large patio to rear with barbecue and bench seating
• Smoking area

Tenure
Advised freehold
   
  FOR SALE
   

REFERENCE:

2743 / RightBiz
   
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