| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 9,639 TIME(S)
BUSINESS REFERENCE : N10 1269 / RightBiz 1269 SUPERB OPPORTUNITY TO PURCHASE THIS FREEHOLD COMMUNITY PUBLIC HOUSE, WITH FOUR BEDROOM LIVING ACCOMMODATION | | | | | | * Very Well Established Property * Strong Local Trade * Successfully Owned and Operated * Huge Scope to Increase Turnover and Profits * Turnover Based on Very Limited Opening * Advertised in British Airways and Quantas Tourist Guide * Could Introduce B&B | | | BUSINESS LOCATION: | Crook County Durham UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Pubs Public Houses | | SALE: | Agent Sale | FREEHOLD: | £325000 | | | | | | | | | | | BUSINESS DETAILS: | Location
Howden-le-Wear is a developing village in a valley position, sheltered by hills on two sides with the main A689 road, linking Bishop Auckland and Crook, passing through. There is easy access and good public transport to the urban conurbations of Durham City, Tyne and Wear, Darlington and Teesside, while the rural dales ( Weardale & Teesdale ) and open moors are equally available to the West.
In fact, Howden remains a rural place, surrounded by open fields and woodland where one can still enjoy country walks. It is at the head of Weardale it is located an hours drive from the Lake District and an hour and 15 minutes from Scotland, Due to its location the area is a haven for tourists all year round.
Premises
This large imposing property consists of a main bar area, darts room, games room, back room used for storage, cellar and men’s and ladies WC and a yard to rear with access to former stables. The first floor comprises of a living room, fully fitted kitchen, recently renovated bathroom and four bedrooms.
Business
Britannia Commercial is delighted to offer for sale The Australian Hotel. This Public House is very well established with traditional values and steeped in history; our clients have successfully owned and operated for the past 10 years. The pub enjoys a strong local trade and has a lively social side including 1 football team, snooker and darts teams. The pub plays a big part in the local community. Due to our clients circumstances the business operates on part time hours and doesn’t offer food. If a new purchaser was going to extend opening hours and introduce Bed & Breakfast, turnover could increase tremendously. We feel that this is an excellent opportunity for someone to purchase a well established business with plenty of scope for development. Viewing is highly recommended. The business is advertised in the British Airways and Quantas Tourist Guide.
Trade
Turnover is currently in the region of £100,000 per annum but this is based on very limited opening hours.
Services
Gas central heating
Mains Drains
Licences
Full on Licence
Trading Hours
Monday to Friday 7pm - 11pm
Saturday 12pm–11pm
Sunday 12noon–10.30pm
Agents Notes
The Australian Hotel provides a truly excellent opportunity for an investor or operator to further build on good trade through the introduction of bed and breakfast and the extension of the opening hours. The owners have reluctantly placed this business on the market due to ill health. | | | | | | FOR SALE | | | | | SELLER: | BRITANNIA COMMERCIAL | | CONTACT: | 01274 590092 | | REFERENCE: | N10 1269 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
