Community Public House In Runcorn Cheshire | | Runcorn Cheshire | | Public House & 5 Letting Rooms Runcorn, Cheshire T/O: £165,000 GP: 35% Wet sales only Free of tie Huge scope Close to town centre | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 71720
ADVERT IMPRESSIONS : 10,682 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £79,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The New Devonshire occupies a prominent corner trading position on Ashridge Street in Runcorn, Cheshire. The pub benefits from ample car parking in the vicinity and is surrounded by a densely populated residential area, from which it draws much trade. The pub lies just on the outskirts of the town centre, meaning all amenities are within easy reach. Both the bus and railway station are within easy walking distance. The New Devonshire lies just off the A557, which leads to the M56 motorway, approximately 4 miles away. Runcorn is an industrial town, which lies on the south bank of the River Mersey. Widnes lies across the river, 3 miles to the north.
Business History
Preferred Commercial is pleased to offer for sale this popular community public house, which was established in 1920 and which has been in our clients' hands since 2010. The business is only now being placed on the market due to our clients' other business interests. The business generates a turnover in the region of £165,000 per annum with a gross profit of 35% derived from wet sales only. The pub also boasts 5 letting rooms. A new owner could increase turnover by extending the opening hours, promoting the letting accommodation and perhaps by introducing a web site. There is also potential to utilise the commercial kitchen and offer meals. The pub benefits from being completely free of tie. The New Devonshire hosts darts and domino teams. We are advised that a new bridge is being built in the town and that the letting rooms could be let to contractors. We feel this is an ideal opportunity to acquire a popular public house with letting rooms, with immense scope for future growth. Early viewing, arranged through Preferred Commercial is highly recommended.
Financial Details
T/O: £165,000 approx.
GP: 35%
Opening Hours
Mon - Wed: 2.00pm - 11.00pm
Thurs - Sun: 12.00pm - 12.00am
Accommodation Details
Substantial 2-storey public house premises, in a prominent corner location. Briefly comprising:
Ground Floor
• Main bar area with bar servery with 18 points of dispense, optics display, large upright drinks chiller, glass washer, touch screen cash register, card terminal, small stage and dance floor, tables and chairs
• Pool room with pool tables, and dartboard.
• Ladies & Gents WCs
• Small well-equipped commercial kitchen with oven, hob, refrigerator, freezer and preparation surfaces
Lower Ground Floor
• Beer cellar and bottle store
First Floor
• Room 1: Twin room with sink, TV and tea & coffee making facilities
• Room 2: Twin room with sink, TV and tea & coffee making facilities
• Room 3: Twin room with sink, TV and tea & coffee making facilities
• Room 4: Twin room with sink, TV and tea & coffee making facilities
• Room 5: Single room with sink, TV and tea & coffee making facilities
• Laundry room with sink, washing machine and dryer
• Shower room with 3 x showers, WC and wash basin
• Landing with external access for letting rooms
• Large room, currently being converted into 1-bedroom owners' accommodation
External
• Small courtyard to rear
Tenure
Leasehold
Original length: 15 years
Remaining: 14 years
Review: every 5 years
Rent: £20,800 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2929 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
