Business Summary

Falcon Commercial are pleased to offer for sale this busy Public House which has been under the proud ownership of our clients since 2006 and is now reluctantly being offered to the market as he wishes to retire. During his stewardship the premises have under gone extensive refurbishment both front of house and kitchens as well as the gardens, creating a first class turnkey operation.

Opportunities of this caliber are rarely available – early negotiations with Falcon Commercial are strongly advised.

This thriving Public House has built up an excellent local reputation for its friendly atmosphere and excellent food. It is also well known for its live music, quizzes, jazz music and takeaways. The business has seen substantial growth and enjoys a turnover in excess of 1.1millon with an average gross profit margin of 60%.

Tenure

The business is offered on a 26 year lease of which there are 20 years remaining. The rent payable is £43,000 per year. Rent reviews are every 5 years.

Premises Details

The property enjoys the benefit of gas central heating and partial double glazing; in addition there is a full alarm system. The well-presented premises briefly comprise:

Ground Floor

Public vestibule entrance with disabled access.
lounge bar with good mix of loose and fixed furnishings, wall mounted satellite TV screens and free public wi-fi internet access, which houses a prominent, fully fitted
licensed servery with full range of optics, draught and hand-pulled cask pumps, chilled bottle display cabinets and electronic till/ food ordering points etc.
Restaurant with stylish furnishings for approximately 60covers (with room for up to 100 covers if required)
Commercial Catering kitchen with extraction system housing ample stainless-steel work surfaces, storage units, a fully equipped preparation/ washing-up kitchen area and a full range of modern, high quality catering appliances
Separate male and female Toilets
Disabled-compliant cloakroom/ WC
Dry goods store
Cellar/bottle store with refrigerated barrel storeroom and separate delivery access.
Preparation Kitchen
First Floor

The property provides comfortable, convenient and highly versatile in house living accommodation which would be ideal for private or bed and breakfast letting purposes, subject to consent, that includes

Office
kitchen/breakfast room
four good-sized double bedrooms
Shower room/WC.
External

Large garden that can accommodate up to 200 people with feature fish tank
2 heated smoking areas
Garage
Parking for 20 cars

Property Details