Black Country Leasehold Pub for sale! 3K Per Week Av Sales, do not miss out!

Dudley, West Midlands

Status

FOR SALE

Date Submitted:

18/08/21

Advert ID

281368

Reference

CS0073HTVN / Rightbiz
Leasehold: £29,995
Annual Rent: £18,200

Mailbox Estates are pleased to bring to the market this well-established pub which enjoys all the advantages of a fantastic trading position being and ideally located within easy reach of amenities. This is a highly regarded popular business with a healthy mixture of both local and visitor trade throughout the year.

This sale represents an excellent business opportunity to take over an already thriving business with excellent turnover and very high profit margins.

Location:
The business is prominently located in a busy mixed residential area in Dudley. There are a number of established businesses in the area complimentary to this pub.

Tenure:
We have been advised a new lease (Full Repair Lease) of 5 or 10 years is available.

Trading Hours:
7 days – Monday to Sunday 3:00pm - 11:00pm

The business is currently operated with 3 Part time and 1 Full time staff members.

Licences:
• The premises has a late-night licence (2am) and is fitted with CCTV throughout.
• An A3 licence (for takeaways or restaurants) can also be obtained by applying to the local council.

Rear Shop Area
• Spacious rear kitchen
• Men's and Women's W.C's
• Cellar

Rent:
•The current rent stands at £18,200 per annum.

Current turnover:
• In the region of £3,000 per week with huge scope to increase.
• As a kitchen is included in the premises, the new owner could introduce a menu that caters to serve the customers.

Services:
•We are informed a gambling machine also generates an average of £200 - £300 additional per week.

External:
• 20 Space Car park to the rear.
• An outside seating area is also provided to accommodate up to around 20 people.

Accommodation
• There is no living accommodation available.

Reason for sale
This opportunity has become available due to our client’s desire to retire and other business commitments and therefore the business has been placed on the open market at this appealing price point

Summary
This is an exceptional opportunity to build upon the solid trading foundations and also benefit from the additional income streams that the business has to offer. The business has built a strong client base with very strong local trade with a turnover that has increased year on year.

Presented to an high standard and benefits from an enviable reputation due to the high standard of the customer service and this has helped to grow the business over the years.

This is an ideal opportunity that would ideally suit a buyer wishing to operate a food led pub and early viewings are advised.

Key Features
  • Accounts Available
  • Ideal for Full Refurbishment
  • Unique Business
  • Retirement Sale
  • Established Business
  • Prime Location
  • New Lease
  • Close to Local Amenities
  • Small Business
  • Fully Fitted
  • With Car Park
  • High Turnover
  • Attractive Business
Contact Agent
Advert Reference:
CS0073HTVN / Rightbiz
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