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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 11,790 TIME(S)
BUSINESS REFERENCE : 1500 / RightBiz

POPULAR COMMUNITY PUBLIC HOUSE - HOLYWELL, NORTH WALES

 

 
Turnover £140,000 per annum Conditional free-of-tie Very low rent at just £12,000 pa Huge scope to increase turnover Strong levels of local repeat business Close proximity to all local amenities Equipped to a high standard throughout

BUSINESS LOCATION:

Holywell Clwyd UNITED KINGDOM

BUSINESS SECTOR:

Leisure, pubs and hotels

TRADE TYPE:

Pubs Public Houses

SELLER:

Agent Sale

LEASEHOLD:

£59950
   
 
   

BUSINESS DETAILS:

POPULAR COMMUNITY PUBLIC HOUSE - HOLYWELL, NORTH WALES
Prime trading location on busy main road near town centre
Turnover £140,000 per annum
Conditional free-of-tie
Very low rent at just £11,000 pa
Huge scope to increase turnover
Strong levels of local repeat business
Close proximity to all local amenities
Equipped to a high standard throughout
Early viewing recommended to fully appreciate
LEASEHOLD

Meridian Business Sales are delighted to offer for sale this well established, well known and highly regarded public house that has been in our clients careful ownership for nearly 5 years. The business is only now being offered to the market due to our clients' wish to enjoy their retirement. Generating a healthy turnover in the region of £140,000 pa with a gross profit of approximately 60%, all from 100% wet sales and understood to be free-of-tie if £1,000 pa loyalty bonus not accepted, this superb business also offers new owners large, spacious and very well appointed living accommodation. This well-run, newly decorated public houses epitomizes a friendly, community-driven, 'locals' drinking establishment with an excellent reputation for live musical entertainment and the showing of sport. There is huge scope to develop the business with the introduction of bar meals and snacks which our clients feel would be very popular. The pub benefits from a very well equipped kitchen area from when food was until 1 year ago. The only reason our clients decided not to continue was due to their age. However, the business still caters for private functions on a regular basis and this could easily be increased too. The pub is currently run by our clients with minimal staffing levels. There is a large car park opposite with outside seating areas with benches and an impressive smoking shelter with 2 pull-over canopies. We feel this is an ideal business venture for those seeking to purchase in this sector who have the vision and energy to take the business to the next level. The business would ideally suit a husband and wife. Locally, the area is very popular with walkers, tourists and fishermen to the local carp fishery. Nearly 200 new residential houses are being built less than 400 yards up the road over the next 2 years which will require a friendly, local watering-hole. Early viewing comes strongly recommended to full appreciate.

Substantial listed brick-built detached 2 storey property with prominent frontage and large car park. Briefly comprising;

LOWER GROUND FLOOR
Traditional cold cellar with automatic pipe-cleaning system (on lease - £170 inc VAT per month). Store room.

GROUND FLOOR
Main entrance, vestibule to main bar. Main bar area, with part carpet, part tiled flooring comprises of fixed and loose seating with tables, large windows and wooden bar. Bar consists of 9 draught dispense pumps, 1 double & 1 single display chillers, optics, glassware, glasswash machine, cash register and music system. The adjoining lounge area benefits from comfortable fixed bench seating along with tables, stools and TV. Ladies & gents WCs. Rear kitchen, fully equipped with 6 hob gas stove and oven, double deep fat fryer, commercial grill, microwave, fridges and ample stainless steel preparation tables with wash up sink. Dining area, up 4 steps, with well appointed bench seating areas with tables and stools, potentially catering for 32 covers. Entrance to owners accommodation. Private side entrance for owners.

FIRST FLOOR
Owners accommodation, very well appointed and presented: 2 large double bedrooms, 1 single bedroom with skylight window, spacious lounge with wood-effect flooring leading to large fitted dining kitchen with integrated appliances, 3 piece bathroom with overhead shower, closet and airing cupboard.

EXTERNAL
Large car park with parking for approximately 25 cars. Front gravel beer garden with wooden benches. Front patio with smoking shelter with electric heater units. Rear yard with 2 wooden storage sheds.

The business enjoys an enviable trading position on a main road near the centre of Holywell, in Flintshire, North Wales. The public house is only a short walk from all the local amenities and next to the historic St Winefride's Well, a holy well surrounded by a chapel. The well has been known since at least the Roman period, and has been a site of pilgrimage since about 660 when St Winefride is said to have been beheaded there. The well is one of the Seven Wonders of Wales and the town bills itself as The Lourdes of Wales. Holywell is a particularly desirable residential area being surrounded by outstanding countryside and stunning scenery. Holywell is easily accessible to the A55 Expressway, linking Holyhead to Chester, which is 15 miles away and on to the M56 motorway
   

CONTACT:

MERIDIAN BUSINESS SALES

TELEPHONE:

0845 222 0508

REFERENCE:

1500 / RightBiz

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