A 200 YEAR OLD SEASIDE VILLAGE PUBLIC HOUSE

Price:

Freehold - £369,000

Seller Ref:

S4786F

Location:

East Yorkshire

Business Type:

Pubs

See Other:

Public houses for sale in East Yorkshire
Pubs for sale in East Yorkshire

Description:

THE BUSINESS:

Robust sales £325,378 inc vat split 25% Wet 75% Dry net Profit £67,000 A warm and welcoming bar area (25) tastefully decorated through to a bright and well presented restaurant (50) A further trading area with independent bar servery (30) Well fitted catering kitchen of good size Desirable owners 2 bed accommodation Delightful sizable family beer garden with car parking LOCATION (YO15 1PD) Head Westwards from the famous Flamborough Head and you will swiftly arrive at this pleasing 200 year old village pub. Situated on the B1255 Flamborough is one of the gems of the Yorkshire Riviera coast line, a headland that is bypassed by the main coast road. Famous for its lighthouse, the original one dates back to 1806, and can be seen for 21 miles. The history and romance of the town, centres around its tradition of piracy, shipwrecks and smuggling. Just a few miles away from Bridlington its a very popular tourist destination with its dramatic white chalk headland. PROPERTY DESCRIPTION Mentioned within the GOOD PUB GUIDE and THE AA PUB GUIDE. A well maintained white washed building on a corner position which benefits when awash with hanging baskets. The property has two entrances. One into the front of the building, taking you into the bar area. To the right is a room with an independent bar servery with fixed and loose seating for 30. To the left is the MAIN BAR area with wood burner and CENTRAL BAR SERVERY, beamed ceilings and feature fire place with fixed and loose seating for 25. Open arch to the restaurant which is bright and airy with direct access to the well equipped kitchen. The RESTAURANT has seating for 50 people and is well presented. This property has been maintained to a high standard by the present owners for the last 8 years. OWNERS ACCOMMODATION Consisting of 2 bedrooms. bathroom. kitchen and living room. The accommodation is of a high quality. EXTERNALS Parking is to the side of the property with a sizable beer garden to the back on a grassed area with wooden picnic style tables. PREMISES LICENSES We are advised that the business currently opens every day Thereon traditional split opening hours apply of 12 Noon till 3pm then 6pm till 11pm. The Premises license provides for openings from 11am till 12pm all week with 10.30pm on Sunday. A personal license will be required and our training associates can assist with this for you along with other licensed retail training inc BII courses. TENURE We are instructed by our private clients to offer the property as FREEHOLD. SERVICES We are advised that the pub benefits from mains electric, water, sewage with heating and cooking by GAS. THE BUSINESS Our clients have owned the business for 8 years and are looking to partially retire. We have accounting information to Sep 2010 showing Sales of £325,378 inc vat. On a split of 25% Wet to 75% Dry with a RECON NET PROFIT of £67,000 (after adding back personal and one of expenses along with Directors remunerations). Its all there to be taken by a new focused energetic owner who should expect to be able to grow sales beyond the £400,000 marker especially bearing in mind trading hours that are currently unused. Our FINANCE ASSOCIATES will be pleased to advise and assist in the purchase of this outstanding business. The Property was viewed by Shirley Ibbotson who will be delighted to discuss the opportunity with you 7 days a week on 07880 507517. Viewings appointments can be made via one of GA-SELECT Business Managers on 01530 41 41 40 who can also refer you to experienced solicitors, accountants, and other trade experts.