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#Business ID: 13928

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Investment Property

Business Location: Barrowford, Lancashire, Lancashire, England

Asking Price: £ 285,000 Revenue: £ 45,000 Cash Flow: not disclosed

Business Summary

Freehold Period Property circa £285,000
Desirable central location
Prime Development Potential for Residential Apartments/Commercial
PLUS
Well established fully licensed social club business
Current turnover circa £45,000 based on restricted opening hours
All fixtures and fittings
Full size snookers tables
Full entertainment programme
Separate lounge
Freehouse
Handover
Goodwill
Parking
Business profile:
This is a superb opportunity to aquire a period property ideally located within the centre of this highly desirable village that is currently being run as a fully licensed social club. The business has served the community for many years and has a steady regular client base who enjoy the unique and relaxing surroundings this establishment provides.

The property is full of character being some 100 years old and is structually sound. The premises stretch over 3 floor as well as having a large cellar. Each floor is approximately 675 square feet giving a toal internal floor area of circa 2000 square feet (excluding basement). There is also an external courtyard to the rear of the property. There is a large public car park very close to the premises.

Basement/Cellars- not curently utlised, ideal for storage etc.

Ground Floor - Comprise the beer cellar, 2 large storage rooms and a meeting room.

First Floor - Main Longe with bar, pool table and extensive seats and tables, WCs

Second Floor - Snooker tables and perimeter seating

Equipment:

All fixtures and fittings are included within the sale.

Key Opportunities:

There are no other establishments of a similar nature or size in the area. The business could easily increase turnover by increasing opening hours, re-decorating and attracting a broader client base if so required.

Alternatively the site is prime for redevelopment and would easily accommodate three good sized high quality apartments such is its location and the fact it enjoys picturesque views over parkland.

Property Details

Years Established:

1812

For Business Investors

Business Type:

Establishe Business

Other Business Details

Premise Details:

Freehold Total square footage is circa 2000 sq. ft. excluding basement and external courtyard. Rates are £760 per annum

Competition:

The business currently undertakes no advertising relying on word of mouth and regular custom

Business Operation Details

Trading Hours:

Monday 19:00-00:00 Tuesday 20:00-23:00 Wednesday/Sunday Closed Thursday/Friday 20:00-23:00 Saturday 21:00-02:00

Support & Training:

The current owners would be happy to provide full training and support at handover

Miscellaneous Details

Reason For Selling:

The vendor is looking to retire.

Contact this seller

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