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Prime Warwickshire Canalside Freehouse with Amenities for Sale in Nuneaton

Nuneaton, Warwickshire
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WARWICKSHIRE - CANALSIDE FREEHOUSE IN PROMINENT ROADSIDE LOCATIONWARWICKSHIRE - CANALSIDE FREEHOUSE IN PROMINENT ROADSIDE LOCATIONWARWICKSHIRE - CANALSIDE FREEHOUSE IN PROMINENT ROADSIDE LOCATIONWARWICKSHIRE - CANALSIDE FREEHOUSE IN PROMINENT ROADSIDE LOCATIONWARWICKSHIRE - CANALSIDE FREEHOUSE IN PROMINENT ROADSIDE LOCATIONWARWICKSHIRE - CANALSIDE FREEHOUSE IN PROMINENT ROADSIDE LOCATIONWARWICKSHIRE - CANALSIDE FREEHOUSE IN PROMINENT ROADSIDE LOCATIONWARWICKSHIRE - CANALSIDE FREEHOUSE IN PROMINENT ROADSIDE LOCATIONWARWICKSHIRE - CANALSIDE FREEHOUSE IN PROMINENT ROADSIDE LOCATIONWARWICKSHIRE - CANALSIDE FREEHOUSE IN PROMINENT ROADSIDE LOCATION
  • Leasehold: £100,000
  • Rent: £36,000 (£3,000 per month)
  • Turnover: £400,000 (£7,692 per week)
  • Net Profit: On request

Key Features

  • Fully Fitted
  • Free of Tie Leasehold
  • Accounts Available
  • Attractive Business
  • Prime Location
  • Trade Gardens Available
  • With Car Park
  • High Turnover

Business Details

WARWICKSHIRE CANALSIDE FREEHOUSE IN PROMINENT ROADSIDE LOCATION

Warwickshire—Canalside Freehouse in prominent roadside location
Bar (25), Lounge Bar/Restaurant (72)
Marquee Function Room (150)
Canalside lawned Gardens (250)
Car Parking & Camp Site set in 0.992 of an acre

 

The Anchor Inn is a prominently located, substantial public house standing on the banks of the Coventry Canal between the villages of Hartshill and Mancetter just outside the larger town of Atherstone.  It is located just off the A5 trunk route which provides direct access to the M42 motorway which is a few miles distant.  This area of North Warwickshire is therefore a very popular residential area for those commuting to any of the Midlands and East Midlands conurbations.

The property stands in a prominent elevated position overlooking the canal, on a good sized plot of 0.992 of an acre.  It is a centuries old property which is surprisingly not Listed, and has a wealth of period charm and character.  In addition to the excellent internal trade facilities there is a marquee function room and extensive trade gardens, parking and camp site.  The Anchor Inn is extremely well presented throughout and offers working owners real scope for further development.

 

Our clients have operated the business for over two years and during their period of ownership have invested heavily in the property, landscaping and extending the gardens which now provide outstanding external facilities.  Furthermore, a camp site has been constructed to the rear.

We are advised accounts for the year ended 30th November 2024 will show takings net of VAT of circa £400,000 with trade split almost equally between the wet and dry side of the business.  This highlights there is further scope to develop the catering side of the business further.  

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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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