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Asking Price
£45,000
Description
This is a traditional pub/restaurant, which has been in existence since 1640.
The current husband and wife team have decided to sell due to ill health and a desire to immigrate to Spain.
The establishment consists of:
- 24 cover spacious restaurant
- 4 A' frame beer garden tables
- Large commercial catering kitchen
- Separate prep room
- 2 bars accommodating up to 40 people
- Parking for 50 plus cars
- A bowling green
- Beer cellar
- External shed
To the first and second floors, there is extensive private accommodation suitable for working owners briefly consisting of:
- 3 double bedrooms
- Bathroom and w/c
- Lounge
The business benefits from:
- Extremely low rent and rates
- Free of tie
- Advantageous locality
Our client has only recently increased trading hours and has begun an advertising campaign within the Camra guide, together with sign posts on the main roads.
There is also scope to create a large children's play area on the bowling green. Contacting the ramblers associations via the net would lead to further trade.
Our clients have informed us that trade is likely to surpass £2,500 per week, which at 70% gross profit makes the asking price seem relatively low - this is due to ill health concerns of the owners.
Serious buyers will need to move quick or loose out!
REF: 9374SY
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