Busy Public House In Telford Shropshire | | Telford Shropshire | | Public house Telford, Staffordshire T/O: £150,000 GP: 50% Huge scope Well-equipped Prime trading position 3-bedroom flat Enviable reputation Free of tie | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68505
ADVERT IMPRESSIONS : 11,696 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | FREEHOLD: | £289,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Station Hotel occupies substantial 2-storey end-parade premises, ideally located in the densely populated area of Oakengates in Telford, Shropshire. The business benefits a prominent trading position on a busy high street and is surrounded by a wealth of complementary shops and businesses. There is a high footfall and much passing trade. The premises benefit from ample on-street parking and are close to the local amenities. There are a number of bus routes serving the area and the railway station is within easy walking distance. Oakengates is a large residential area of Telford and boasts many attractions and amenities, including a large shopping centre, ice rink and a multiplex cinema. The business has easy access to the A-road network and the M54 is approximately 2 miles away. Shrewsbury is 15 miles to the west, while Wolverhampton is 17 miles to the east.
Business History
Preferred Commercial is delighted to offer for sale this busy public house, which was established in 1861 and has been in our client's careful hands since 2001. The pub is only now offered to the market due to our client's wish to retire. The business trades 7 days a week and generates a turnover in the region of £150,000 per annum with a gross profit of 50%, derived from wet sales only. The business has an enviable reputation and is renowned for its cask ales and has been in the 'CAMRA Good Beer Guide' for the last 8 years. We feel the turnover could be further increased by embarking on a modest marketing campaign and the introduction of a website. There is also the opportunity to introduce a selection of food. There is a well-presented 3-bedroom flat to the first floor, which could be used as owners' accommodation or let out generate additional income. This is an ideal opportunity to acquire an already popular public house with huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £150,000 approx.
GP: 50%
Opening Hours
Mon - Sat: 10:00am to 11:00pm
Sun: 10:00am to 3:00pm and 7:00pm to 11:00pm
Accommodation Details
Substantial 2-storey end-parade public house premises with 3-bedroom flat. Briefly comprising:
Ground Floor
• Bar area with solid fuel burner, seating to perimeter walls, 2 x electronic games machines, wooden bar servery with 12 points of dispense, electronic cash register, optics display, chillers and pie warmer
• TV lounge area with feature fireplace, flat screen TV, leather seating and door to yard
• Second lounge area with perimeter seating and wooden bar servery with 10 points of dispense
• Ladies and gents WCs with wash hand basins
• Owners' private lounge to rear
• Commercial kitchen with stainless steel worktops, 2 x microwave ovens, 2 x fryers, 4-pot Bain Maria, double Panini press and dishwasher
• Store room to rear
Lower Ground Floor
• Beer cellar and store room
First Floor
• 3-bedroom flat with lounge, bathroom and kitchen
External
• Enclosed rear owners' yard
• Covered smoking area to side
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2750 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
