Attractive Detached Village Pub And Restaurant For Sale

Business description

Tied for Beers only.

Car Park at front and rear of Pub for up to 30 cars

Large Bar with 3 hand pumps, 3 glass topped counter fridges. Tables and chairs plus stools providing seating for 35 persons plus ample standing.

Spacious Restaurant, partly carpeted plus wood strip floor. Wall lighting. Tables and chairs providing seating for 120 persons. Bar.

Spacious fully equipped catering kitchen with 6 burner gas cooker, large salamander, double sink and drainer, dishwasher, walk-in coldroom, preparation area etc.

Ladies' and gentlemen's cloakrooms

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable Brewery lease having approximately 11 years unexpired at a rental of £64,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £17,000 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION

Living accommodation:

The spacious living accommodation comprises: 3 Bedrooms (2 doubles, 1 single) Office or 4th Bedroom Bathroom with bath, w.c. and wash hand basin Lounge/Kitchen area with fitted units

Location:

Sought after position serving residential area BERKSHIRE

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the split of turnover is approx. 60% food with 40% wet sales. Gross profit 60/65% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS OFFERS IN THE REGION OF £129,500 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Thursday inclusive - 11 a.m. - 3 p.m. & 5 p.m. - 11 p.m.
Friday & Saturday - 11 a.m. - 11 p.m.
Sunday opening - 12 noon - 10.30 p.m.

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.