Busy Public House In Bawdrip Somerset | | Bawdrip Somerset | | Public house Bawdrip, Somerset T/O: £230,000 GP: 54% Huge scope Well-equipped Prime location Loyal customer base | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68994
ADVERT IMPRESSIONS : 8,428 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £49,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Knowle Inn occupies detached 2-storey premises, ideally located on the main road running through the village of Bawdrip, close to Bridgwater, Somerset. The business boasts a monopoly trading position in the village and is surrounded by numerous residential properties, from which it draws much trade. The local amenities are close by, including Kingsmoor Primary School. The premises boast easy access to the A-road network and the M5 is 2 miles away. Bawdrip is a picturesque rural village, close to the Cheddar Gorge and Glastonbury, and is popular with tourists and day trippers. The area has excellent public transport links with a number of bus stops and a railway station 3 miles away. The village is popular with commuters due to its excellent road links over the region and is a desirable place in which to live and work. Bridgwater lies 3 miles away, while Weston-Super-Mare is approximately 15 miles away.
Business History
Preferred Commercial is delighted to offer for sale this thriving public house, which was established in 1850 and which has been in our client's careful hands since 2004. 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 £230,000 per annum with a gross profit of 54%. The Knowle Inn offers lunch and evening meals and 2-letting rooms, along with real ales, fines wine and spirits. The pub is well-supported by the local community and receives much trade from tourists visiting the area. The business is renowned for its high quality food and service. There is a website in place advertising the business and services provided. The pub hosts live music once a month and quiz nights regularly and is home to a darts team and a skittles team. The premises are well-equipped to suit the trade and have been maintained to a high standard throughout. There is spacious 1-bedroom owners' accommodation with lounge, kitchen and bathroom. The premises also boast a function room, which we feel could be utilised to host parties. We feel the turnover could be further increased by a modest marketing campaign, promoting the function room further. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £230,000 approx.
GP: 54%
Opening Hours
Mon - Sun: 11:00am to 11:00pm
Accommodation Details
Substantial detached 2-storey public house premises with letting rooms and restaurant facilities. Briefly comprising:
Ground Floor
• Bar with 2 x electronic cash registers, glass washer, optics display, shelving, wine dispenser and 3 x glass fronted bottle chillers
• Bar area with flagstone flooring, exposed beams, inglenook fireplace, wooden bar servery and tables and chairs
• Lounge bar with exposed beams, wooden bar servery, log burning stove and tables and chairs
• Restaurant with feature inglenook fireplace, log burning stove and tables and chairs for up to 30 covers
• Additional dining area with tables and chairs for up to 60 covers
• Ladies and gents WCs with wash hand basin
• Skittle alley
• Commercial kitchen with gas hob and oven, electric oven, 4 x microwave ovens, dishwasher, grill, griddle, refrigerator and freezers
• Dry store room
• Walk-in-refrigerator
• Walk-in-freezer
First Floor
• Function room with feature fireplace and tables and chairs for up to 25 covers
• 2 x double letting bedrooms
• 2 x bathrooms
• Owners' accommodation with double bedroom, lounge, kitchen and bathroom
External
• Garden to rear with natural spring
• Smoking/barbeque area
• Large car park for up to 25 vehicles
• Outbuilding
Tenure
Leasehold
Original length: 20 years
Remaining: 9 years
Review: every 3 years
Rent: £19,300 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2800 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
