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Outstanding Pub Restaurant

Droitwich Worcestershire
OUTSTANDING PUB/RESTAURANT - WORCESTERSHIRE Located in the village of Ombersley, nr Droitwich Spa Early interest and viewing is highly recommended
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 71654
ADVERT IMPRESSIONS : 9,412 TIME(S)

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

LEASEHOLD:

£134950
 

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BUSINESS DETAILS:

OUTSTANDING PUB/RESTAURANT - WORCESTERSHIRE
Located in the village of Ombersley, nr Droitwich Spa
Early interest and viewing is highly recommended
Advised annual turnover of £538,000 net of VAT
Business to include all fixtures and fittings
3 bedroom owners' accommodation
Well established concern
Scope to develop further
Semi detached property
Main road location
Consistent trade
LEASEHOLD


Location

This superb public house/restaurant is located on the main road in the village of Ombersley, near Droitwich Spa in the county of Worcestershire. Ombersley is an affluent village boasting shops, golf course, the River Severn and it's within easy access to Worcester and the M5 giving access to the major motorway network system. Nearby Droitwich Spa is a popular business and residential location due to its beautiful neighbouring countryside, good schools, hospitals, excellent housing and historic attractions. The town is only a short drive away from Bromsgrove, Redditch, Kidderminster and Worcester and is also very accessible having the M5 motorway within half a mile, making UK travelling and commuting easy.


Business History

Meridian Business Sales are privileged to offer to the market this superb, well respected and thriving pub/restaurant. The business has been established since circa 1830 and has been in the careful hands of our client for the last 12 years. This only reason this superb concern is being offered to the market is due to our client's wishes to slow down and get ready for a well deserved retirement. The business has an annual turnover of £538,000 net of vat per annum with 70% of turnover from dry sales and the remaining 30% from wet sales. The conservatory restaurant is an A La carte restaurant that is only open evenings, however the pub offers a wide and varied menu which is on offer at lunchtimes as well as fresh daily specials board. They benefit from repeat business as well as passing trade due to its prominent location and the area brings in tourists being close to the River Severn and caravan sites. The business is owner operated and employs 2 full time chefs and 12 part time members of staff. During our clients ownership they have continually invested in new equipment 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 there is still potential to increase trade by opening all day and by advertising more. Early viewing is highly recommended as this business cannot be missed.


Financial Profile

Turnover: £538,000pa
Gross profit: 58%
Stock approximately: £7,000


Tenure

Leasehold
Original length: 10 years
Remaining: 8 years
Review: Every 5 years
Rent: £38,556pa


Opening Hours

Monday: 12:00pm - 3:00pm > 6:00pm - 11:00pm
Tuesday: 12:00pm - 3:00pm > 6:00pm - 11:00pm
Wednesday: 12:00pm - 3:00pm > 6:00pm - 11:00pm
Thursday: 12:00pm - 3:00pm > 6:00pm - 11:00pm
Friday: 12:00pm - 3:00pm > 6:00pm - 11:00pm
Saturday: 12:00pm - 3:00pm > 6:00pm - 11:00pm
Sunday: 12:00pm - 3:00pm > 6:00pm - 10:30pm


Accommodation

Well presented two storey pub/restaurant situated on a main road in the village of Ombersley, briefly comprising;

GROUND FLOOR
Main entrance door with vestibule leading to:
Bar with server, seating for 30, open fire, electric fire and side entrance door
Dining room with seating for 22
Lounge/meet and greet area
Conservatory restaurant with seating for 32
Boiler room
Ladies & gents toilets
Kitchen with 2x 6 burner gas hob/oven, double sink, 2x fat fryers, grill, wash up area with sink and dishwasher

Cellar (below ground)
Main beer cellar with beer drop

FIRST FLOOR
Lounge, kitchen, office, bathroom with bath and shower over, toilet and wash basin, 2x double bedrooms and 1x single bedroom

EXTERNAL
Patio area with seating, rear patrons parking for 24, port-a-kabin converted into dry stores
   
  FOR SALE
   

REFERENCE:

2865 / RightBiz
   
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