OUTSTANDING PUBLIC HOUSE WITH 3 BEDROOM EN-SUITE GUEST ACCOMMODATION
Price:
Leasehold - £54,000
Location:
Cheshire, Chester
Business Type:
Hotels, Pubs
OUTSTANDING PUBLIC HOUSE WITH 3 BEDROOM EN-SUITE GUEST ACCOMMODATION
Beautiful and affluent residential village of Tarvin near Chester
Annual turnover of £275,000 with good gross profits
Character property beautifully presented throughout
Very much at the heart of village community life
Superb 1 bedroom owners’ accommodation
Early viewing strongly recommended
Scope for further development
LEASEHOLD
Business History
Meridian Business Sales are delighted to offer to the market this superb public house with guest accommodation which has been established since 1781 and has been in the capable hands of our clients for the past 2 years. The only reason this wonderful opportunity is being made available is due to our clients desire to relocate abroad. Since owning the business our clients have established a superb reputation with the business being very much at the heart of the local community. We are advised of an annual turnover of £275,000 with good gross profits which is derived from the sales of beers, wines, spirits, food and an increasingly popular guest accommodation side to the business with good advanced bookings in place. The business benefits from a high percentage of repeat and regular customers and is supported locally by 2 pool teams a dominos team and is the venue for regular quiz evenings and a thriving poker league. Our clients also sponsor the local football and bowling teams which also provide the business with the opportunity for further regular and repeat trade. The business is very much run at a pace to suit our clients lifestyle providing any prospective purchaser the opportunity to increase turnover with the introduction of longer trading hours, there is also the potential to further establish the food side to the business which is now only promoted on a very limited basis. The premises are large and spacious with the opportunity to develop further and the introduction of a monthly ‘farmers market’ within the business grounds could also prove to be beneficial. This is an outstanding opportunity to purchase a long established and thriving business with great scope for further development and would ideally suit a husband and wife partnership looking for a lifestyle change opportunity and as such early viewing is strongly recommended as this business is not to be missed.
This superb public house with outstanding 3 en-suite letting rooms is located on the main road that runs through the village of Tarvin in Cheshire, it enjoys a superb prominent corner location providing wonderful opportunities for passing trade. Tarvin is a main residential and affluent village situated approximately 6 miles to the East of Chester and is located near to the junction of the A51 and A54 providing wonderful road links to the area. Ideally located within easy reach of Oulton Park, Cheshire Polo Ground, Chester Racecourse and Delamere Forest, the accommodation side to the business continues to be extremely popular with the many tourists that visit the surrounding area. The M56 and M53 motorways are both within easy reach providing further access to the UK’s wider motorway network.
Leasehold
Original length: 10 years
Remaining: 8 years
Review: 3 years
Rent: £37,500pa
Monday: 2:00pm - 12:00am
Tuesday: 2:00pm - 12:00am
Wednesday: 2:00pm - 12:00am
Thursday: 2:00pm -
Superb character property established C.1781 set in a substantial plot of land with scope for further development briefly comprising:
GROUND FLOOR
Secure main entrance leading to lobby area.
Right of entry leads to superbly presented sports bar with exposed wooden beams, large screen wall mounted television, integrated sound system, pool table and wall mounted juke box.
Ladies and gents toilets.
Left of main entrance leads to first floor guest and owners’ private accommodation.
Main lobby entrance leading to beautifully presented main bar with wooden flooring throughout, feature fireplace, fixed and additional seating and wall mounted television.
Walk through access to kitchen and pantry providing access to rear gardens and car park.
Main bar access to cellar
Access to rear gardens and car park.
FIRST FLOOR
All guest rooms have televisions, tea and coffee making facilities.
Guest bedroom 1 - Triple room with large en-suite.
Guest bedroom 2 - Triple room
North Yorkshire
£ 750,000
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