| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 4,794 TIME(S)
BUSINESS REFERENCE : 1571 / RightBiz EXCELLENT PUBLIC HOUSE | | | | | | EXCELLENT PUBLIC HOUSE - TAMWORTH Very well presented and well equipped throughout Turnover £168,700pa with huge growth potential | | | BUSINESS LOCATION: | Tamworth Staffordshire UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Pubs Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £54000 | | | | | | | | | | | BUSINESS DETAILS: | EXCELLENT PUBLIC HOUSE - TAMWORTH
Very well presented and well equipped throughout
Turnover £168,700pa with huge growth potential
Self contained 3 bedroom living accommodation
Highly desirable location in Dordon, Tamworth
Low rental fixed for another 8 years
LEASEHOLD
Location
The public house and restaurant is situated in the highly desirable area of Dordon, Tamworth. The property is detached and situated in a densely populated residential area surrounded by good quality residential houses providing a large amount of customers within walking distance. Dordon is a well presented village just East of Tamworth. The village offers excellent housing, fine shopping, good schools and NHS services, beautiful countryside and historic attractions. Dordon also benefits from being very accessible having the M42 less than 2 miles away making visiting and commuting very easy.
Business History
Meridian Business Sales are truly delighted to offer for sale this very well presented public house which has a proud history dating back to the 1960's. Since 2004 the business has been owned by our client who is only now placing it onto the market due to her strong desire for semi retirement.
The business which is run and managed by our client achieves a very respectful annual turnover of £168,700 derived from the sale of beers, wines and spirits to a wide range of customers. The pub also sub lets the conservatory / restaurant and kitchen facilities adding £500pcm to the takings.
The property (both pub and living accommodation) are very well presented throughout meaning that a new owner does not need to refurbish for many years. This is an ideal lifestyle opportunity which would suit a couple or family looking for a business in this sector. We feel that this opportunity offers a new owner an excellent base to build upon and we urge early viewing.
Financial Profile
Turnover: £168,700pa
Gross profit: 54%
Stock: £3,500 (approximately)
Tenure
Leasehold
Original length: 10 years
Remaining: 8 years
Rent: £638.85 pw
Opening Hours
Monday - 6.00pm - 11.00pm
Tuesday - 6.00pm - 11.00pm
Wednesday - 6.00pm - 11.00pm
Thursday - 6.00pm - 11.00pm
Friday - 3.00pm - 12.00am
Saturday - 12.00pm - 12.00am
Sunday - 12.00pm - 11.00pm
Accommodation
Well presented 2 story detached property offing sizable bar, lounge, dinning, areas with a pool room, beer garden with children's adventure play ground, sizable 3 bedroom living accommodation with living room, kitchen and family bathroom, briefly comprising:
GROUND FLOOR
Secure front entrance accessing bar and lounge
Bar capacity 100 people
Open plan bar area
Fitted with 7 pumps, rear spirit displays, fitted drinks fridge and glass storage
Several seating areas with tables and chairs
Pool room with pool table and fitted seating
Large fitted TV
Lounge capacity 100 people
L shaped lounge with fitted seating tables and chairs
Fitted with 10 pumps, rear spirit displays, fitted drinks fridges and glass storage
Disables toilets
Conservatory / restaurant access (currently sub let as a Chinese) 10 - 14 covers and a reception
Access to rear kitchen currently sub let
Male and female toilets
Cellar access (well presented and sizable)
Access to private living accommodation
FIRST FLOOR
3 bedrooms, 2 x doubles 1 x single
Kitchen fitted cupboards, worktops and sink
Living room
Family bathroom with bath, toilet and wash basin
EXTERNAL
Beer garden with benches
Children's adventure playground with climbing frames, swings, walkways and slides.
Large front and side parking faculties
2 x outbuildings (used for additional storage) | | | | | | FOR SALE | | | | | SELLER: | MERIDIAN BUSINESS SALES | | CONTACT: | 0845 222 0508 | | REFERENCE: | 1571 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
