Rhyl Pub for Sale: Late License, Sports Entertainment, Market Valuation, Lease/Assets Transfer
Rhyl, Denbighshire
- Status
FOR SALE
- Date Submitted:
05/05/23
- Advert ID
512812
- Reference
B07332 / Rightbiz
- Call Agent:
- Leasehold: £14,999
- Asking Price: £285,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Free of ties pub for sale
BusinessLeasehold option - £14,995
Please quote reference B07332
CoGoGo are delighted to welcome to the market BlueMoon Pub, a highly rated free of ties pub in Rhyl, Denbighshire.
BlueMoon Pub was first established by our clients in 2018, buidling up an excellent reputation and regular customer base. Our client leased out the business between 2021 - 2023, but is now vacant. The business is available for purchase on a freehold or leasehold basis.
The business has now been made available for sale due to our client’s long commute to their home in Derbyshire.
There is a key focus on sports with both a large Sky sports screen available for major games, a very popular pool table and darts board. At the request of many of its customers, our clients had started to offer food from Friday to Sunday. The food can be enjoyed both inside or prepared for takeaway.
Key selling points -
- Very large open plan bar with several smaller customer rooms
- Ideal food led pub opportunity
- Late licence to 3.00am 7 days a week
- New outside beer garden space and smoking area
- Lock up ground floor space only
- Market valuation based on the lease/assets transfer
- Free of tie
- Large commercial kitchen
- Excellent location with parking
Location
BlueMoon public house occupies a prominent trading position along Vale Road in Rhyl.
Vale Road (A525) is the main link road into Rhyl and leads directly to the beach.
The business is surrounded by busy independent retailers, complementary food businesses, as well major branded stores such as Morrison’s, Matalan, Poundstretcher, Rhyl’s little theatre, the Royal mail sorting office and nearby school Christchurch County.
Rhyl is a well-known seaside resort and much loved community Town in the Welsh county of Denbighshire. It lies within the historic boundaries of Flintshire, on the north-east coast of Wales at the mouth of the River Clwyd.
Several million of pounds of funding secured by the Welsh Government has been spent on developing the seafront to help attract a new wave of visitors.
There is free parking on the adjacent streets.
The nearest mainline station is Rhyl which is only 2 mins walk from the business.
Premises
The Blue Moon is a prominent detached public house with a private beer garden and smoking shelter positioned at the front aspect.
- Beer garden
- Smoking shelter – accessed privately from inside the bar and includes a covered area with fixed wooden seating. Access is gained through large glass French doors.
- Main Bar – accessed from 1 x centrally positioned door at the front of the building. Maximum capacity of this space is around 200.
- Large open plan customer sitting/entertainment area – good choice of seating including comfortable leather sofas, solid wooden tables and dining chairs, circular tables with red leather chairs for larger groups, white leather club chair, children’s highchairs.
- Entertainment – designated space for a pool table, gaming machines, dartboard, sky sports screen & DJ area.
- Storage room, 2nd glasswasher
- Ladies & Gents Toilets
- 2nd storage area (with access to the main bar servery)
- Bar servery – includes 9 x points of dispense, glass washer, 5 x glass fronted display chillers, display & storage shelving, till and card machine, spirit dispensers.
- Glass store area.
- Cellar – includes compressor chiller, gas bottles, post mix, ice machine.
- Owner living accommodation - 1 bed flat
- Self contained 2 bed flat - currently rented out via a local estate agency. Generating additional income of £7,200 (this will not be included in the leasehold option)
- Both flats have been renovated
- Function room for 100 people - Good to use for all kind of parties.
Tenure
We are advised that the business is being sold on either a Freehold or Leasehold basis.
The leasehold is being sold for £14,995, with a 5-7 year lease to be offered to the new buyer. The rent is £14,400 per annum and will include the 1 bed flat owners accommodation.
Hours
N/A as the business isn't currently trading.
Staff
N/A
Financial Profile
Asset based valuation. Further information can be made available if requested.
Contact Agent
Listing Statistics
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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.
Stay Safe
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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