Grade Ii Listed Public House | | Leominster Herefordshire | | GRADE II LISTED PUBLIC HOUSE Situated in the picturesque village of Eardisland 2/3 bedroom owners’ accommodation | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 69141
ADVERT IMPRESSIONS : 7,666 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | FREEHOLD: | £425,500 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | GRADE II LISTED PUBLIC HOUSE
Situated in the picturesque village of Eardisland
2/3 bedroom owners’ accommodation
Advised annual turnover of £109,634
Early viewing highly recommended
Scope for further development
Unique air rifle shooting range
Beautiful countryside views
2 en-suite letting rooms
FREEHOLD
Location
This superb public house is situated in village of Eardisland which lies in Northwest Herefordshire and is featured on the black and white village trail. It includes many historic buildings clustered around the banks of the River Arrow and includes a village church, two public houses, a village hall, village shop and wonderful countryside walks. More extensive facilities are available at the larger villages of Pembridge and Kingsland and also at the market towns of Ludlow and Leominster and of course at the cathedral city of Hereford which lies approximately 14 miles away. The countryside surrounding is particularly well noted for its outstanding natural beauty being a haven for bird, plants and other wildlife with excellent access for walking and riding. Eardisland has easy road access via the A44, A4110 and many more.
Business History
Meridian Business Sales are delighted to offer to the market this well known public house which has been established since 1594 and has been in the careful hands of our clients for last 5 years. Our clients are reluctantly offering the business on to the market due to unfortunate ill health. Since our clients took ownership of the public house they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients advise us that the annual turnover currently runs at £109,634 with a gross profit margin of £56,015 which is derived from the sale of a selection of beers, wines and spirits, plus a popular food menu and letting room facilities. There is huge scope to increase the amount of food sales as there is a 32 cover restaurant within the public house which is currently not being utilised, uniquely there is a air rifle shooting range which sparks up a lot of attention with locals and tourists. Also our clients currently display antiques for dealers on a commission basis which they generously donate to charity. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.
Financial Profile
Turnover: £109,634pa
Gross profit: £56,015
Stock approximately: £4,000
Tenure
We are advised freehold
Opening Hours
Monday: 12:00pm - 12:00am
Tuesday: 12:00pm - 12:00am
Wednesday: 12:00pm - 12:00am
Thursday: 12:00pm - 12:00am
Friday: 12:00pm - 12:00am
Saturday: 12:00pm - 12:00am
Sunday: 12:00pm - 12:00am
Accommodation
Detached Grade II listed property, briefly comprising of:
GROUND FLOOR
Secure entrance leading to:
Bar area with TV, darts board, log burner, bar servery, and seating for 28.
Lounge with bar servery and seating for 14
Hallway with cleaning cupboard and storage area.
Store room for ice machine and freezers
Kitchen with 1x 6 burner gas hob and oven, 2x electric fryers, sink drainer, fitted units and microwaves.
Pool room with pool table and seating for 16
Guest Accommodation (letting rooms)
1x double bedroom with en-suite bath with shower over, toilet and wash basin.
1x double bedroom with walk-in shower, toilet and wash basin.
SECOND FLOOR
Owners Accommodation
1x double bedroom
Store room
EXTERNAL
Rear car park for 8 vehicles and side car park for 4.
Rear beer garden with tables and chairs plus a log store
FIRST FLOOR
Owners’ Accommodation
Kitchen
Linen stores
Lounge/diner
Office/diner (could be 3rd bedroom)
1x double bedroom
Bathroom with shower, toilet and wash basin
Roof terrace with stunning views
Ladies and gents toilet facilities
LOWER GROUND FLOOR
Air rifle shooting range and restaurant with 32 covers. (The restaurant is currently being used for antique displays)
Ladies and gents toilet facilities | | | | | | FOR SALE | | | | | REFERENCE: | 2762 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
