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Asking Price
£25k
Description
Main road position, densely populated residential area. 1st floor function room adjoining 2 bed terrace house. Approximately £130,000pa, gross profit 55%. Run under management, wet sales only. Lounge bar, snooker room / pool. Reasonable rent £25,000pa. Ideal owner operator. Exciting opportunity. Viewing is a must. Leasehold. The business is well supported by the local community and whilst turnover is at an acceptable level there is tremendous potential for further development, for any purchaser looking to take advantage of the under utilized 1st floor function room ideal for small weddings, funerals, birthdays & christening parties. In addition there is scope for introducing live bands which would help enhance profitability. Further benefit is derived from an adjoining 2 bed roomed terrace house which is included in rental of £25,000pa. An ideal opportunity we feel for any purchaser with the energy & vision to take this free of tie public house to its next level of success. We are offering this concern at a very reasonable price to help enhance a quick sale.
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