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54 Advert ID 15727   Sellers Ref : 1602
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SUPERB & HIGHLY POPULAR PUBLIC HOUSE For Sale

Business Summary: * Location : Wales-North * Turnover : £ 4,615 p.w. * Leasehold Price : £ 59,950 Agent :  Meridian Business Sales

Description :	SUPERB & HIGHLY POPULAR PUBLIC HOUSE - LLANRWST, NORTH WALES Unique opportunity with excellent long term prospects Mid terraced traditional style public house circa. 1750 Early viewing absolutely essential to appreciate Only trades 4 nights per week (massive scope) Turnover £240,000 with gross profit of 52.0% Prime location on the town square Annual rent £25,000 pa Spacious beer garden Excellent facilities LEASEHOLD Location Situated in a prime location in the heart of the town square in the beautiful town of LLanrwst in Conwy, North Wales the pub enjoys a superb position & is ideally placed to take advantage of regular local trade & passing trade from the many visitors to this idyllic part of the country. LLanrwst is a small town & community on the A470 and the River Conwy in the county borough of Conwy, North Wales. It is served by two railway stations LLanrwst and LLanrwst North on the Conwy Valley line. A major feature of the town is the narrow three arch stone bridge, Pont Fawr which is said to be designed by Indigo Jones and it was built in 1636 by Sir John Wynn of Gwydir Castle. Attractions in LLanrwst include the almshouses, two 17th century chapels and the parish church which holds the stone coffin of Llyewelyn the Great. The Gwydir forest lies to the South of the town giving the business a truly fantastic position in a part of Wales regularly visited by tourist & traveller alike. Business History Meridian Business Sales are delighted to bring to the market this hugely popular & very busy public house situated in the beautiful & idyllic town of LLanrwst in the heart of the North Wales countryside. The building itself dates back to circa 1750 and the business has been run extremely successfully by our client for the past two years. It is in fact only being brought to the market reluctantly due to the other business interests of our client. The business currently has a very respectable turnover of £240,000 with a gross profit of around 52%. This turnover is generated on very short openings of 4 evenings per week from 8:00pm, Thursday to Sunday. These openings are at the current owners discretion due to his other business interests and at his own admission increased turnover could easily be achieved through additional opening hours both at lunch times and in the evening. Currently the only food available at the pub is the provision of burgers & hotdogs which can be obtained in the very spacious and hugely popular beer garden which is part covered at the rear of the pub. A more comprehensive food service could produce a substantial revenue stream and in fact if the current owner was staying he has plans to extend at the side of the pub at minimal cost to provide a Tapas bar. This is a fantastic opportunity to take over an already thriving & very popular business which has huge potential for growth & therefore early viewing is absolutely essential to fully appreciate, especially considering there is also spacious living accommodation & the business would accommodate a complete lifestyle change.
Trading Hours :	Thursday - 8.00pm - 1.00am Friday - 8.00pm - 1.30am Saturday - 8.00pm - 2.00am Sunday - 8.00pm - 1.00am
Accommodation :	Large mid terraced traditional stone built public house circa 1750 comprising of:- LOWER GROUND FLOOR Large & extensive cellar GROUND FLOOR Off road entrance to & comprising of:- Snug area with bench style seating, tables & stools, flat screen TV, fruit machine, speaker system, music instruments & memorabilia Leading to main bar area comprising of:- Standing area & stools around main bar with theme music pictures & memorabilia, large flat screen TV, music Post II jukebox system, dance floor, tables & stools, state of the art DJ booth & music system, cigarette machine, state of the art speaker system, ladies & gents WC Main bar comprising of:- 21 points of dispense, mixer taps, hand basin, 2 ice machines, touch screen epos till system x 2, small chiller, large chiller, small double chiller, glass washer, two sinks & drainer, 12 optics, extensive shelving, 7 TV's in total FIRST FLOOR Store room/office, dining area, large kitchen, large lounge Bedroom 1 with CCTV system Bedroom 2 & 4 Double Bedroom 3 Double en-suite shower with corner bath EXTERNAL Extensive partial covered & open superb beer garden with burger van, tables & chairs
Tenure :	Leasehold, Original length: 10 years Remaining: 8 years, Rent: £25,000pa

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