Inn Pub for Sale in Bridgwater Somerset with Additional Revenue from Rooms
Bridgwater, Somerset
- Status
FOR SALE
- Advert ID
637703
- Freehold: £365,000
- Turnover: £165,000 (£3,173 per week)
- Profit: £50,000 (31% Profit margin)
Key Features
- Accounts Available
- Established Business
- Price Reduced
- Retirement Sale
Business Details
Established Bristol & Exeter Inn Pub for sale in Bridgwater Somerset
Established Bristol & Exeter Inn for Sale in Bridgwater, Somerset
This is a rare opportunity to acquire a well-established pub that has been in the family for over 50 years. The Bristol & Exeter Inn is now on the market for the first time in five decades, making it a unique investment for prospective buyers.
Situated in a prominent location with excellent street visibility, the pub benefits from its proximity to transportation routes, including a nearby rail station and the busy town center. This strategic location ensures a steady flow of foot traffic and contributes to an existing customer base that appreciates the pub's rich history.
The establishment spans 75 years, showcasing its long-standing presence in the community. It offers more than just a pub experience; the property includes rooms for rent, presenting an additional revenue stream. Furthermore, there is great potential to expand the menu by introducing food options, enhancing the appeal to a broader audience.
While there are three other pubs nearby, this does not deter business; rather, it highlights the strong customer demand in the area. Local amenities, including shops and public transport, further attract patrons and support continuous business opportunities.
This pub comes with included fixtures and fittings, making it a ready-to-operate establishment for the new owners. Impressively, the current turnover stands at £165,000, with a profit margin of £50,000. Despite challenges faced during the COVID-19 pandemic, turnover increased, showcasing resilience and ongoing support from the community.
The freehold price for this property is £365,000. The owner, motivated by retirement, is willing to provide training opportunities for the new proprietors to ensure a smooth transition. Currently, the business lacks an online presence, presenting an opportunity for the new owners to capitalize on digital marketing strategies.
For interested parties, comprehensive accounts are available, providing insight into the pub's financial performance and potential for growth.
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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.
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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.
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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.
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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.'.
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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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