Freehold Pub on Large Plot in Residential Area, West Midlands

Undisclosed

Status

FOR SALE

Date Submitted:

27/07/21

Advert ID

280238

Reference

1735TRB / Rightbiz
Freehold: £350,000
The Business Partnership are pleased to be marketing for sale this long established lock-up "Community Pub" positioned on a large plot in a much sought after residential location in the West Midlands. 

This is a classic pub, located in a sought after residential area in the West Midlands, close to popular leisure facilities. Prior to Covid the takings were in excess of £240k annually generating excellent returns for the owners. The business has always been very profitable and there is no reason why this should not continue to be the case once we return to normality post the lockdowns.

The freehold premises are owned by the vendors and have recently undergone a complete and professional refurbishment. The premises sit on a large plot with outside seating area and an extensive car park. There is excellent scope for extension and/or further development subject to planning consent. There has previously been Planning Permission for second storey residential to be added which has since expired, may be re-sought!!

The business is predominantly wet trade, with no brewery ties. There is a small catering element that has genuine scope for expansion if required. The pub offers full sports coverage and is a fabulous darts venue which hosts many competitions and runs its own team. 

The business has been established for many years and in the family for the last 17 years. The current owners are reluctantly offering the business for sale due to their impending retirement plans. 
Fabulous Freehold Public House on Large Grounds
Long Established and Popular "Community Pub"
Strong & Loyal Client Base
Huge Potential in the Right Hands
Recently Refurbished to Very High Standard
Lock-Up (No Residential) Business with Huge Development Potential
Close to Popular Leisure Areas
Retirement Sale!!
Contact Agent
Advert Reference:
1735TRB / Rightbiz
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