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BUSINESS REFERENCE : 1007 / RightBiz PUBLIC HOUSE | | | | | | Phoenix is delighted to place onto the market the 2nd Stop public house which has been established for over 40 years, our client having owned the business since 2006. The Concern provides a traditional pub service with a thriving food trade which consists of Indian and English food. The business is run by our client with the aide of 3 full time and 3 part time staff. There is a disco every Saturday night with a licence until 1.00am. The public house provides a sporting venue as well as having a pool team. Food accounts for 50% of all sales and the total yearly barrelage is 750.The premises have recently been renovated to a very high standard and have a very classy feel to it. There is a Punch lease in existence and our client is tied for beers only, which are heavily discounted for him and Punch, also offer our client excellent weekly offers.There is a very mixed clientele from students, to locals and office workers | | | BUSINESS LOCATION: | Slough Berkshire UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Pubs Public Houses | | SELLER: | Agent Sale | LEASEHOLD: | £100000 | ANNUAL RENT: | £52000 | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The 2nd Stop public house enjoys a very prominent location on a busy crossroads on the Stoke Road which is the main arterial road into Slough. The town centre is a 10 minute walk from the pub. The surrounding area is densely populated and has numerous commercial concerns nearby. The University is only 2 minutes away and the local railway station is a mere 2 minute walk from the concern. There are new developments in the area with a further 250 houses being built.
The M4, M40 the A404 and M25 are all within a very close proximity of the concern.
BUSINESS DETAILS
Phoenix is delighted to place onto the market the 2nd Stop public house which has been established for over 40 years, our client having owned the business since 2006.
The Concern provides a traditional pub service with a thriving food trade which consists of Indian and English food. The business is run by our client with the aide of 3 full time and 3 part time staff. There is a disco every Saturday night with a licence until 1.00am. The public house provides a sporting venue as well as having a pool team. Food accounts for 50% of all sales and the total yearly barrelage is 750.
The premises have recently been renovated to a very high standard and have a very classy feel to it. There is a Punch lease in existence and our client is tied for beers only, which are heavily discounted for him and Punch, also offer our client excellent weekly offers.
There is a very mixed clientele from students, to locals and office workers.
The turnover is in excess of £400,000 with a healthy gross profit of 65% making this a highly profitable concern.
There is a further £1,200 per month revenue from the 3 bedroom flat above the premises with another £500 per week income from duke-box and pool machines.
Our client would be available for a business familiarisation period if required.
FINANCIAL DETAILS
Turnover: £400,000 per annum (Approx.)
Gross Profit: 65% per annum (Approx.)
OPENING HOURS:
Mon – Fri: 11.00am – 11.00pm
Sat: 11.00am – 01.00am
Sun: 12.00noon – 11.00pm
PROPERTY DETAILS
This modern, upmarket building consists of
Ground Floor
Prominent High street location
Entrance to lobby leading to main bar area
Capacity 120
15 pumps
Fully equipped bar
2 ladies & 1 gents toilet
Very large L shaped bar divided into various sections including lounge
Upper level seating
Further lounge area
2 pool tables and large screen televisions
Full music system
To the rear
Ice machine and fridges
Very large fully equipped kitchen including:
4 hob burner
Tandoori oven
Double sink
Large extraction fan
Office
Further to the rear freezers and further storage
C.C.T.V Cameras and full security system
Entrance to flat
First Floor
3 Double bedrooms
Lounge
Kitchen
Bathroom
External
Front facing main arterial road
To the rear
Beer garden
Smoking area with heater
Patio
Garage and Parking
TENURE: Leasehold
ORIGINAL LENGTH: 10 years.
REMAINING: 07 years.
RENT: £52,000 per annum. | | | | | CONTACT: | PHOENIX BUSINESS AGENTS | | TELEPHONE: | 0844 567 5016 | | REFERENCE: | 1007 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
