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Asking Price
£165,000
Description
This is a extremely popular and profitable wet led public house with excellent potential.
The pub has been trading successfully for over 40 years with the current owner at the helm for 3 years and is only now being reluctantly offered for sale due to family ill health.
Although a predominantly wet led business, the pub does offer hot food at lunch times and has a good kitchen which could be utilised further in the future and includes:
- 4 ring electric cooker with oven and grill under
- Deep fat fryer
- Microwave
- Pizza oven
- Drawer fridge
- Chest freezer
The owners have built an enviable local reputation and have a loyal customer base with a good community spirit prevailing.
The pub supports two football teams and the local fishing, golf and pigeon clubs hold weekly meetings there. Poker nights are every Monday and they have DJ's every Friday and Saturday which are very well supported and ensures a full house every week.
It achieves an excellent turnover of approximately £8,000 per week net and a gross profit of 47% and carries approximately £5,000 stock.
The pub has a Punch lease and is tied on beers, lagers and ciders. The fruit machine income is split 50/50 after the rent cost is deducted.
The premises were fully refurbished only three years ago so a new owner would be able to move in and be able to trade profitably from day one.
This is clearly an outstanding pub whose turnover has actually increased, despite the smoking ban and we believe it to be an excellent investment, which should be viewed to be fully appreciated
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