High Trading Freehouse in Gloucester City with 30 Years of Success for Sale
Gloucester, Gloucestershire
- Status
FOR SALE
- Advert ID
624887
- Reference
2377 / Rightbiz
- Call Agent:
- Freehold: £550,000
- Turnover: Not Applicable
- Profit: Not Applicable
Key Features
- With Car Park
- Accounts Available
- Town Centre location
- Offers Invited
Business Details
GLOUCESTER CITY HIGH TRADING FREEHOUSE
Turnover £567,000 pa net of VAT
500 annual brewers barrels
Up to 30 years in the same owners hands
3 section interconnecting, easy to operate bar areas
2/3 bedroom owners accommodation
External trade area and car park
The city of Gloucester stands on the banks of the River Severn on the edge of the Cotswolds. It is renowned for its 11th century cathedral and has an expanding population of 133,000 attracted by the cities beauty but also by it’s strategic location, standing alongside the M5 motorway from which it is accessed by three junctions being not far from the intersections with both the M50 and the M4 motorways.
The subject property, One Eyed Jacks, is a well established community freehouse located in the heart of the city in a residential area. It has a high level of trade, well established over the 30 years of our clients ownership. It is one of the highest trading freehouses within the city. It offers easy to operate bar areas, owners accommodation, good external areas and a high level of trade based purely on wet sales with its annual barrelage of 500.
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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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