Superb Public House | | Towcester Northamptonshire | | SUPERB PUBLIC HOUSE - NORTHAMPTONSHIRE Business to include all fixtures, fittings and equipment Stone built character property dating back to 1800s | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 69519
ADVERT IMPRESSIONS : 8,951 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £27,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | SUPERB PUBLIC HOUSE - NORTHAMPTONSHIRE
Business to include all fixtures, fittings and equipment
Stone built character property dating back to 1800s
Early interest and viewing is highly recommended
Village location 3 miles north of Towcester
Reduced from £47,000 for quick sale
Advised annual turnover of £174,000
3 bed owners accommodation
Scope for more food sales
Well established
LEASEHOLD
Location
This well appointed and established public house is situated on the busy main A5 road 3 miles north of Towcester. It sits in a little hamlet and is surrounded by 5 villages those being Coldhigham, Ascote, Eastcote, Pattishall and Gayton. Towcester is about 8 miles (12.9 km) south-west of Northampton and about 10 miles (16.1 km) north-west of Milton Keynes, these being the nearest main towns. Oxford is about 30 miles (48.3 km) south-west via the A43 road, M40 motorway and A34 road. The town has good shopping facilities with the three major supermarket chains of Waitrose, Tesco and Co-operative plus a very good number and range of smaller shops and stores. Towcester also has an Air Cadet squadron located near to Sponne School.
Business History
Meridian Business Sales are privileged to offer to the market this well respected public house. The property dates back to circa 1800's and has been a pub for many years and it has been in the careful hands of our client for the last 2 years. This superb concern is being offered to the market due to personal reasons. Our client informs us that the turnover for the business is approximately £174,000 per annum. The pub operates at 73% wet sales and the remaining 27% is from dry sales where it would be fair to say there is plenty of scope to increase on that. The pub is traditional and has a very warm and welcoming feel to it and has a good number of repeat regular customers from the surrounding 5 villages but being on the main A5 it benefits from passing trade also. They have a skittle table with 2 teams and there is further scope to have a pool and darts team as well. The business is easily run, owner operated and requires no staff. During our clients ownership they have continually invested in new equipment, the latest being a new £2,500 cooling system for the cellar along with fixtures and fittings which are all included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. We believe that there are still areas with huge potential to increase turnover. Early viewing is highly recommended as this business cannot be missed.
Financial Profile
Turnover: £174,000pa
Stock approximately:
Tenure
Leasehold
Original length: 10 years
Remaining: 2 years
Rent: £21,700pa
Opening Hours
Monday: 5:00pm - 11:00pm
Tuesday - Thursday: 12:00pm - 3:00pm > 5:00pm - 11:00pm
Friday: 12:00pm - 3:00pm > 5:00pm - 12:00am
Saturday: 12:00pm - 12:00am
Sunday: 12:00pm - 11:00pm
Accommodation
Detached character public house, briefly comprising:
Ground Floor
Door to entrance hallway
Lounge with seating for 28, bar servery and open fire
Public bar with pool table, dart board, TV, seating, log burner, bar servery, Northampton skittles table
Ladies toilets & gents toilets
Catering kitchen with double sink, 4 x ring gas hob and oven, 2 x fat fryers, hot plate, 4 x ring electric cooker, fitted units, fridges, freezers and microwaves
Laundry room with double sink, storage shelves, fridges and glass wash
Storeroom
First floor owners' accommodation
3 x double bedrooms
Bathroom with bath, toilet and wash basin
Lounge
Sitting room
External
Owners' private garden with summer house, chicken coop, timber built wood store and metal storage shed
Bottle stores
Main beer cellar
Patron's car park for 22 vehicles
Beer garden with children's play area and brick built BBQ | | | | | | FOR SALE | | | | | REFERENCE: | 2812 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
