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PUBLIC HOUSE WITH 6 LETTING ROOMS
For Sale
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Description : |
PUBLIC HOUSE WITH 6 LETTING ROOMS - SILVERDALE
Fantastic outside area, car park for 30 cars & beer garden
Turnover £260,000 with high profits & huge potential
54 cover restaurant with scope for development
Brewery tied with annual rent of £30,000p.a
Situated in a beautiful & picturesque village
Excellent Owners accommodation
T/O 260,000 with GP of 55%
LEASEHOLD
Location
Situated on the main road running through the picturesque & beautiful village of Silverdale, the business enjoys a superb position as the main local pub in the area and is enjoyed by both locals and tourists alike. Silverdale is situated on the edge of the Lake District National Park in North West Lancashire. It is an area of outstanding beauty and is a haven for wildlife including an RSPB nature reserve at Leighton Moss and is an ideal base for touring around the Lake District itself. Popular with walkers, bikers and mountain bikers the village also boasts its own 18 hole golf course and has all the local amenities for locals and travellers. It is easily accessed via the train station at Silverdale & nearby Arnside and by road via the M6 motorway which links all of the major UK motorway networks.
Business History
Meridian Business Sales are delighted to bring to the market this superb opportunity to acquire a beautiful public house situated in the beautiful and picturesque village of Silverdale. The business is being reluctantly brought to the market due to a lifestyle change opportunity for the current owners.
Since taking over a huge amount of work has been completed in order to bring the pub back to its former glory meaning that the pub now enjoys a very respectable turnover of £260,000 with gross profits running at around 55%. There is a large beer garden and an excellent restaurant facility with 54 covers.
At the owners own admission, the restaurant facility is not currently run to its full potential and with the introduction of a new and varied menu, is ripe for growth to take advantage of not only local trade but also for the many visitors to the area. The pub also boasts six hugely popular letting rooms to boost trade and has very comfortable private living accommodation.
All in all this is a superb opportunity for possibly a couple or family who wish to take advantage of an already thriving business with huge potential in a truly beautiful part of the country and would therefore constitute a magnificent lifestyle change opportunity. Early viewing is strongly recommended as it is anticipated that demand will be high.
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Trading Hours : |
Monday - Wednesday - 12.00pm - 11.00pm
Thursday - Saturday - 12.00pm - 12.00am
Sunday - 12.00pm - 11.00pm
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Accommodation : |
Large traditional & modernised detached public house with car park & beer garden briefly comprising of :-
LOWER GROUND FLOOR:- Fully operational cellar
GROUND FLOOR:- Main entrance & conservatory with tables & chairs leading to:- Main bar with tables & chairs, feature fireplace, ITBOX games machine, juke box, fruit machine, cigarette machine, plasma screen, disabled W.C & storage
Main bar comprising of:- 15 points of dispense, 24 optics, mixers, Stowells of Chelsea wine dispenser, double chiller
Leading to lower restaurant bar comprising of:- Single chiller, Java ImpressaC5 speciality coffee maker, 2 Jug coffee machine, single chiller & wine storage, shelving for storage
Leading to restaurant area with tables & chairs for 54 covers, large hotplate, feature fireplace, gents & ladies W.C, entrance to beer garden (ramped)
Leading to fully operational catering kitchen comprising of:- 6 burner range & oven, double deep fat fryer, archway griddle, lincat eye level grill, stainless steel tables, double sink & drainer, dishwasher, double deep fat fryer, fridge, Lincat oven, 4 microwaves, TV, 2 fridges, storage pantry with fridge freezer, 3 large chest freezers, 1 small freezer, large fridge, large freezer, stainless steel shelving
FIRST FLOOR:- Private living accommodation including modern & fully fitted kitchen, Lounge overlooking beer garden with feature fireplace, office, large bathroom with overhead shower and double bedroom. Landing & separate WC to letting rooms:- Room 1 - 5: Twin, Room 6: Double, shower room, bathroom with corner bath WC & sink
Outside Areas:- Large car park for 30 cars, large lawned beer, garden with bench seating, tables & chairs to front of pub, private parking to rear for 7 cars, back yard area with 2 storage buildings, shed, garage, right of way access to further land which could be extended
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Tenure : |
Leasehold - Original length: 10 years
Remaining: 9 years, Rent: £30,000pa
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