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Licensed hotel, restaurant, and bar for sale in Somerset with ample parking and guest accommodations

Undisclosed, Somerset
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Licensed Hotel, Restaurant & Bar for SaleLicensed Hotel, Restaurant & Bar for SaleLicensed Hotel, Restaurant & Bar for Sale
  • Leasehold: £105,000
  • Turnover: £187,200 (£3,600 per week)
  • Profit: Not Applicable

Business Details

Licensed Hotel, Restaurant & Bar for Sale

WE ARE INFORMED by the owner the turnover currently averages £3,600 per week Sales for the period ending 30 April 2024 showed turnover of £179,294 FEATURES:
Large guest car park to front.
Cellar Function Room

Attractive double fronted stone built detached premisies, carpeted flooring, plasterboard ceilings with pendant lighting.

Reception area with tiled flooring.

Entrance to lounge / Bar area.

BAR / LOUNGE. Electric cash register, under counter fridge, glass washer, hand wash basin. 5 draft pumps, bar stools for 4 people.

Tables, chairs and easy chairs.


RESTAURANT.

Tables and chairs seating 20 people.


KITCHEN. Tube lighting, non-slip flooring.

Stainless steel extractor, 6 burner hob, grill, oven, microwaves, 2 single deep fat fryers, additional fryer, toaster, 3 freezers, 2 large full height fridges, under counter fridge, dishwasher, double sink and drainer, stainless steel preparation tables, etc.

Ladies and Gentlemens cloakrooms each with toilet and wash hand basin.

Baby changing area. ACCOMMODATION:
Located on the FIRST FLOOR;

Family room, double bed, single bed, ensuite bathroom with bath (shower over), sink and toilet.

Dulux double bedroom with double bed, coffee table and arm chairs, ensuite bathroom with bath (shower over), sink and toilet.

Single room, single bed

Bathroom, with bath sink and toilet (dual access)

Dulux double bedroom with double bed, coffee table and arm chairs, ensuite bathroom with bath (shower over), sink and toilet

2 standard double bedrooms each with double bed, ensuite shower room with shower, sink and toilet

1 standard double bedroom with double bed, ensuite bathroom with bath (shower over), sink and toilet

Airing cupboard.

Stairs to SECOND FLOOR.

1 standard double bedroom with double bed, ensuite bathroom with bath (shower over), sink and toilet


Owner's accomodation Double room with double bed, ensuite bathroom with bath (shower over), sink and toilet PRICE:
TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £105,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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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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