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8853SG HERTFORDSHIRE L\H £99950 PUBLIC HOUSE
For Sale
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Description : |
Advent Business Sales is pleased to have
been instructed to offer to the open market
this long standing and very popular public
house.
Established over 45 years ago, the pub has
been in the hands of the current vendor for
over 6 years and is only now being
reluctantly offered for sale due to her
retirement plans.
Currently staffed by the vendor plus 1 full
time and 2 part time employees,, the public
house currently operates a 100% wet sales
trade, although there is a commercial kitchen
on the ground floor.
On football match days more staff are
required to cope with the very large number
of customers.
The pub, which is only tied on bottled and
keg beers, has been voted local Camra pub of
the year for 3 years in a row, which is an
excellent testament to the quality of the real
ales offered.
Although the pub does not have a dry trade,
its kitchen is quite easily capable of
achieving a good offering. It has 3
microwaves, a 4 ring electric cooker with
oven under, tall fridge, tall freezer, 6 ring
gas cooker with oven under and extractor
over, small upright freezer, 2 fryers and a
range of stainless work units.
Four darts teams support the pub and it also
has a pool table.
Net income from the juke box, pool table and
bandits was £18,004 in the last financial
year.
We are advised that stock at cost is
approximately £6,500.
This attractive and well decorated premise
also benefits from good sized family living
accommodation including 2 double bedrooms,
kitchen/office, large lounge, bathroom with
shower over, separate w/c.
REF: 8853SG |
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Location : |
This attractive and highly visible public house occupies a large plot in a prominent location in
Stevenage, Hertfordshire. The area is predominately residential but the pub benefits hugely from
being close to the football stadium.
The business has excellent parking facilities with a large customer car park with a capacity for
approximately 20 vehicles and off road parking nearby.
Nearby towns include Letchworth, Luton, Hertford and Welwyn Garden City.
Access to the area is from the A1(M) off the M25. |
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Trading Hours : |
Mon – Sat: 12noon – 11.30pm
Sun: 12noon – 3pm & 8pm –
11pm |
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Staffing : |
Currently staffed by the vendor plus 1 full
time and 2 part time employees,, |
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Tenure : |
Leasehold
Original lease: 20 years
Remaining lease: 11 years
Review every: 3 years
Rent: £38,000
We are advised that the annual business
rates are currently: £8450 |
Request more information on this business for sale:
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