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PUBLIC HOUSE HOTEL RESTAURANT: : WARTON, PRESTON

Preston, Lancashire
Leasehold Price:
£149,950
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
235917
Reference
R9125 / Rightbiz

Details

This well established business has been owned by our client since August 2017 and is only for sale today due to a change in our client’s personal circumstances. The business achieves its current level of turnover, whilst offering further potential for an enthusiastic owner operator to increase the takings, by way of, for example, perhaps expanding the services offered to include wedding receptions. This business has gained an excellent reputation within the area, achieving a 4 star rating on TripAdvisor.co.uk from over 200 reviews.

  • Taking £16,500 - £17,000 per week
  • 45% food sales, 35% wet sales, 20% letting rooms
  • Picturesque location
  • Numerous surrounding villages and towns
  • Facing new housing development
  • Tied on beers and soft drinks only
  • Seating area for approx 160 plus bar seating for 36 and alfresco for up to 200
  • Car park for approx 60 cars
  • Huge scope for wedding venue
  • 16 letting rooms
  • 2 bedroom managers flat
  • Rent £1,100 per week
  • Hours of Opening 6:30am - 12:00midnight Seven Days
  • 10 year lease from 2012, with 5 yearly rent reviews

The large detached property of character with a large car park for approx 60 cars and entrance to caravan area with 6 pitches with electric and waste disposal provides delivery drive with access to beer cellar and kitchen, small children’s play area, large al fresco seating area for approx 80 with room for 200, entrance to bar and restaurant with disabled ramp, dining area to seat approx 36, large bar with seating for approx 40, ladies, gents and disabled WC facilities, 2nd dining area for approx 60, conservatory with seating area for approx 50, second ladies, gents and disabled WC facilities and shower room and exit to al fresco seating area. (Stairs leading to large office) Waiter area, large commercial kitchen providing staff changing area, preparation area, washing up area, store room, chilled preparation bench, cold storage, walk-in fridge, walk-in freezer and exit. Separate entrance from car park to hotel providing reception area, large dry store room, barrel room, 8 letting rooms and fire exit, stairs leading to first floor providing further 8 letting rooms and laundry room. The managers flat provide  living room, dining room, large bathroom with separate shower and 2 large bedrooms.

Seller Details
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Listing Details
Leasehold Price: £149,950
Tenure: Leasehold
Sector: Restaurants, Pubs, Hotels
Financials
Annual Turnover: £884,000
Key Features
  • Prime Location
Listing Statistics
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The data showed regarding this advert 'PUBLIC HOUSE HOTEL RESTAURANT: : WARTON, PRESTON - R9125 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.