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8515WR FREEHOLD FOOD LED PUBLIC HOUSE F\H: £695,000 + SAV or L\H: £150,000 + SAV WORCESTERSHIRE
For Sale
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Description : |
THE BUSINESS
Advent Business Sales is delighted to have
been instructed to offer to the market this
extremely well established Freehold Public
House, which is positioned on a good sized
plot of land.
The Pub was established in approximately
1915 and has been in the hands of the
current vendor for approximately 2.5 years.
It is only now reluctantly offered for sale
due to the vendor’s retirement plans.
The business is predominately food led with
the current split approximately 80/20
dry/wet sales.
There is an excellent commercial kitchen,
which briefly consists of:
6 burner hob
overhead grill
2 deep fat fryers
4 industrial microwaves
turbo fan oven
2 stainless steel 6’ freezers
walk in freezers
walk in cold store
stainless steel prep fridge
small freezer
large dishwasher and a water softener
There is an average spend of between £25 to
£30 per person in the evenings and of £15 to
£18 at lunchtimes.
EXPANSION POTENTIAL
Whilst this excellent freehold public house is
already very successful, it still offers very
good growth potential. A conservatory
could be added which would add
approximately twenty covers and the garages
could be converted to form an additional
two extra letting rooms. Plans are available
outlining the proposed extensions.
BUSINESS PREMISES
Large lounge with a 50 cover restaurant. It
is situated around a central bar area and to
the side of the large commercial kitchen with
the walk in cold store.
Access to the owner’s accommodation, which
is on the first floor, is via a spiral staircase
on the side of the inn. Opening door leads
into an office area and to a large lounge.
There is a second reception room, bedroom,
kitchen and bathroom with shower cubicle.
External
30 space car park,
One double garage
Outside storeroom attached to the
double garage with a walk in
Freezer.
There is an excellent letting bungalow
(known as the Stables) consisting of: double
bedroom which sleeps 2 cosy comfortable
lounge/dining area well equipped kitchen
bathroom with full suite and shower over
bath.
Lounge has a sofa bed and a single foldable
bed which sleeps 5 comfortably in total.
Occupancy levels average 75% and letting
fees average between £300 to £600 per week
depending on the time of year. |
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Trading Hours : |
TRADING HOURS
Mon – Sat: 11.00am – 3.00pm and
6.00pm – 11.00pm
Sun: 12 noon – 4.00pm and
7.00pm – 10.30pm
The business is run Mon-Fri by a husband &
wife team plus a chef. Extra staff are
employed for Friday eve and weekends
keeping the wage outgoings to approx 18%
of gross weekly takings. |
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Staffing : |
1 |
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Tenure : |
Freehold
Tenure Leasehold
Lease length: 10 years
Review Every: 3 years
Rent: £850.00 per week
We are advised that the annual business
rates are currently: £878 owner’s
accommodation and £8,350 business |
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