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Reputable Pub For Sale

Oldbury, West Midlands
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  • Leasehold: £90,000
  • Turnover: £143,212 £2,754 Per week
  • Net Profit: Not Applicable

Business Details

Business
Please quote reference B06784

Hilton Smythe are pleased to have been given the opportunity to manage the sale of The Bell Inn which is a well-established Public house  with a renowned reputation amongst local residents. This is a superb opportunity to take on a popular and well used local business in an area teeming with customers.

There has been a public house at this site for many years and the current owner has run it for the last 19 years during which time it has accrued an impressive number of regular customers along with a fantastic reputation. The business can truly be said to be at the heart of the local community and has been a real labour of love for the owner.

The business is now being sold, albeit reluctantly and with heavy heart only due the vendors wish to take a well-earned retirement, he is keen to see his beloved public house pass to an ambitious and entrepreneurial new owner(s) who can take this already thriving business  to the next level

The Bell Inn is currently 100% wet sales.

The business is popular with locals but also has customers that travel from some way away, such is its popularity and it enjoys some lovely reviews such as;

“ Great Beer, Guinness is spot on “

“ Good Beer, nice darts set up and great people “

“ Best Beer in Sandwell and lovely atmosphere “

“ Warm and welcoming with friendly staff and customers, highly recommended “

Scope to Improve

  • Advertising and marketing campaign
  • Maximise the use of social media
  • Introduce a food offering, the business has previously had a restaurant which proved popular and lucrative
  • Sublet the restaurant premises to a complimentary business
  • Make use of the two floors above the business
  • Reinstate the previously popular Function Room, real demand in the area
Reasons to Buy

  • A well established business with an enviable reputation and many existing customers at the heart of the local community
  • Ideal owner managed or partnership business
  • Offers a number of potentially very lucrative, subletting possibilities
  • Current owner would be happy to offer a handover to ensure the continued success of the business.
  • A real opportunity to increase turnover / profits, current owner has been running at a pace to suit recently.
  • Little or no real competition locally.
All fixtures, fittings and equipment included in the sale making this a real Turnkey business opportunity.

Hilton Smythe highly recommends early enquiry to avoid disappointment.

This lovely business is likely to attract considerable interest.



Location
The Bell Inn is located In Oldbury.

Oldbury is a market town and administrative centre in Sandwell, West Midlands. At the 2011 census, the ward of Oldbury had a population of 13,606, while the wider built up area has a population of 25,488.

Oldbury is close to the M5 which passes the town on an elevated section built on reinforced concrete pillars. Access is from Junction 2. The majority of bus services serving Oldbury are operated by National Express West Midlands and Diamond Bus providing links to Birmingham and the Black Country district.

The Bell Inn is an imposing Victorian building that occupies a prominent main road corner position in a densely populated area that comprises a mix of property types including privately owned, rented and council accommodation. The business is close to industrial areas also.

The business is nicely presented and maintained with clear visible signage and distinctive livery. Given its main road position the business benefits from high levels of footfall and passing trade. There is free on street parking in the roads and streets surrounding the premises.



Premises
The Bell Inn occupies impressive detached premises which are very generously proportioned. The premises date from the Victorian era and retain many period details. The premises briefly comprise;

Ground Floor

Main Bar

  • Generous bar, windows and doors to front creating a light , airy and inviting interior, high ceilings, tiled floor, long bar with timber counter, banquette seating, tables and chairs
Snug

  • Lovely room with bay window, intricate coving, high ceilings, banquette seating, period tiled floor
Small Bar

  • With high ceilings, period detailing, banquette seating
Games Room

  • Triple aspect windows which flood the room with light, Pool table, feature intricate coving and amazing ceiling roses
  • Ladies and Gents toilets
Restaurant

  • To the rear of the main bars is a 50 seater restaurant that offers subletting possibilities with panoramic windows all round creating a light, airy and inviting interior, tiled floor and nice quality tables and chairs.
Catering Kitchen

  • There is a comprehensively equipped catering kitchen with tiled floor and stainless steel cladding to walls, full extraction system with stainless steel canopy, twin basket, Lincat fryer, 6 burner range cooker with oven beneath, twin stainless steel sinks with drainers, Tandoor oven, 2 compartment counter fridge with salad bar, 10 pot Bain Marie, stainless steel hand wash basin, twin door stainless steel fridge, glass topped ice cream freezer, stainless steel preparation tables
Function Room

  • Very large function room , tiled floor, suspended ceiling with concealed lighting, good quality tables and chairs along with banquette seating, bespoke bar with wooden counter, 7 points of dispense, optics display, EPOS till system, glass shelving.
Utility Area

  • With wall mounted Ideal boiler, twin stainless steel sinks, glass wash and two microwave ovens
Cellar

  • With usual bar equipment and barrel storage, door to side to enable easy loading / unloading
Ladies and gents WC’s along with a disabled toilet

First Floor

Snooker Room

  • A really impressive room and reminiscent of something from the TV series ‘Peaky Blinders’ with full size snooker table and feature vaulted ceiling, period bar with beautifully ornate carving and wooden counter
Family Bathroom

  • With 3 piece sanitary ware
Kitchen

  • With window to side, range of base and wall units, stainless steel sink and drainer.
Office

  • With space for desk, chair and filing cabinets etc
Bedroom 1

  • Good sized double with window to side, feature picture rail and radiator
Bedroom 2

  • Generous double with window to side, feature coving to ceiling
Bedroom 3

  • An exceptionally generous room with triple aspect windows flooding the room with natural light, high ceilings and access to roof space
Living Room / Bedroom 4

  • Good sized double with window to front, feature picture rail, radiator
Second Floor

  • Galleried landing
  • Walk in store
  • Useful store cupboard
Bedroom 5

  • Generous double with built in wardrobe and coving to ceiling
Bedroom 6

  • Generous double with window to side
Externally

  • There is a secure and generous beer garden to the rear of the premises predominantly laid to tarmac


Tenure
We are advised the business is being sold on a Leasehold basis with a new Lease and rent terms to be agreed.

The rent will be £2,500 per month. 



Hours
The business trading hours are as followed:

Monday to Thursday - 11:00am - 22:00pm

Friday & Saturday 11:00am 00:00am

Sunday - 11:00am - 22:00pm



Staff
The business is owner run and managed with the help of 4 part time staff members.



Financial Profile
We are advised the business generated a turnover of circa £143,000 as of 2021, further financial information can be made available upon request.

Please quote reference B06784



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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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