Attractive stonebuilt detached VILLAGE FREEHOUSE
Price:
Leasehold - £99,950
Nationwide are pleased to offer to the market : Outstanding opportunity to acquire an attractive Stonebuilt Freehouse built we understand in approx.1500.
Full Oil Fired Central Heating
ATTRACTIVE LOCALS BAR with tiled floor, settles. Ample space for 50 persons. Central bar servery full range or real ale wickets and bright beer pumps.
Games Room
Dining area with seating for approx. 15 persons.
Fully equipped catering kitchen
Ladies' and gentlemen's cloakrooms
Beer Cellar
Located to the first and second floor. The top floor comprises 2 letting guest bedrooms. Family bathroom (This floor can be used either for guest letting or indeed additional private accommodation).
Both the Bed & Breakfast rooms have now been fully refitted with additional large flat screen TV's.
WE ARE INFORMED the turnover currently averages £5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 31st March, 2011 showed £244,765 with a gross profit of 53.33% i.e. £130,527 with a net profit of £58,379.
We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 44 years unexpired at a rental of £22,000 p.a. exclusive of rates up to 2015, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £2,400 p.a. approx. (after small business relief)
RECOMMENDED FOR EARLY INSPECTION
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in excess of £99,950 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Sought after locality, HEREFORDSHIRE
Sunday - 10 a.m. - 11 p.m. Monday - Thursday inclusive - 10 a.m. - 12 midnight Friday & Saturd
Situated on the first floor:
Private Lounge Bedroom Lobby office Kitchen Large family bathroom with spa bath, separate shower Private secluded roof garden
To the side of the freehouse is a small patio area, ideal for the provision of smoking arrangements. To the front of the freehouse is a timbered bench area overlooking the brook, old bridge and lane leading to the historic church and castle ruins.
North Yorkshire
£ 750,000
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