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Attractive Detached Public House

Undisclosed West Sussex
Sought after residential area, WEST SUSSEX

ADVERT NUMBER : 68307
ADVERT IMPRESSIONS : 16,632 TIME(S)

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

LEASEHOLD:

£39500
 

BUSINESS DETAILS:

Features : Ample street car parking plus free car park at rear of Public House

The business is tied for beers and soft drinks

IMPRESSIVE & SPACIOUS SINGLE BAR with a wealth of artificial beams. Inglenook fireplace with log burning stove, attractive woodstrip floor plus Horsham stone slabs. Tables and chairs providing seating for 45 persons. BAR with 3 hand pumps for cask ales, 4 hand pumps for lagers, 2 hand pumps for ciders plus 1 for Guiness, 3 double door glass fronted counter fridges, 1 single door glass fronted counter fridge.

ADJOINING RESTAURANT AREA with slate tiled floor. Tables and chairs providing seating for 15 persons.

Lades' cloakroom with 3 w.c's (1 disabled), 2 wash hand basins
Gentlemen's cloakroom with 3 urinals, w.c. 2 wash hand basins

COMPACT LEVEL KITCHEN with non-slip floor, stainless steel extractor unit, 6-burner gas cooker, double deep fryer, griddle, 1 stainless steel fridge, 1 additional fridge, 2 stainless steel under-counter deep freezes, commercial microwave, plate warming cupboard, commercial dishwasher, 2 single sinks, wash hand basin

Location : Sought after residential area, WEST SUSSEX

Opening Hours : Monday - Thursday inclusive - 12 noon - 2.30 p.m. & 5.30 p.m. - 11 p.m.
Friday opening - 12 noon - 2.30 p.m. & 5.30 p.m. - 11.30 p.m.
Saturday opening - 12 noon - 11.30 p.m.
Sunday opening - 12 noon - 10.30 p.m.

Turnover : WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 55% approx. We understand the split of turnover is approximately 85% wet sales with the balance of 15% in respect of catering.

Tenure : We understand the premises are held on a lease from Punch Taverns, the present lease having approximately 7½ years unexpired at a current rental of £34,000 p.a. plus VAT, exclusive of rates, linked to the Retail Price Index each year and with a rent review in 2½ years time.

Uniform Business Rates: £4,730 p.a.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £39,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

WE UNDERSTAND THE LANDLORDS WILL REQUIRE A RENT DEPOSIT

Accommodation : The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms
Shower room with shower, w.c. and wash hand basin
Large Lounge
Separate kitchen

Outside : Large patio garden paved and with shingle. Lawn
Tables with bench seating for 50/60 persons
2 Storesheds 1 with 2 upright fridges, 1 small chest deep freeze, shelving

Staff : The business is at present operated by the vendor with the assistance of 5 part time staff. In our opinion with an active husband and wife team, the wage bill could be reduced.
   
  SOLD or WITHDRAWN FROM MARKET
 
 
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