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Popular Community Pub in Kidderminster Worcestershire

Price:
Freehold - £289,950
Turnover:
Register to view
Seller Ref:
2707
Location:

Worcestershire , Kidderminster

Business Type:

Pubs

See Other:
Public houses for sale in Worcestershire
Pubs for sale in Worcestershire
Description:
THE BUSINESS:
Preferred Commercial is pleased to offer for sale this popular community pub, which was established in 1955 and which has been in our client's careful hands since 1999. The business is only now being placed on the market due to our client's wish to retire. The Radcliffe Arms trades 7 days a week and generates a turnover in the region of £228,800 per annum with a gross profit of 65%, derived from wet sales only. The pub benefits from being free of tie. A new owner could increase turnover by perhaps, introducing food, for which we believe there is a demand, and by embarking on a modest advertising campaign along with a simple web site. The premises boast spacious 4-bedroom owners' accommodation and a car park to the side. The business is home to three darts teams and is well supported within the community. We feel this represents an ideal opportunity to acquire a free of tie public house, ideally located in the heart of the local community. Early viewing must come highly recommended.
Location Details:
The Radcliffe Arms occupies a prominent trading location at the heart of a densely populated residential area, overlooking the green. The pub lies close to the local shops and Post Office and benefits from ample on-street parking as well as its own car park to the side. The business lies close to the A451, leading to Kidderminster, approximately 2 miles to the north and Stourport-on-Severn, 2 miles to the south. The M5 motorway lies approximately 10 miles away, while Birmingham lies 18 miles away.
Trading Hours:
Mon - Thurs: 12.00pm - 11.00pm Fri - Sat: 12.00pm - 12.00am Sun: 12.00pm - 11.00pm
Accommodation:
Prominent purpose built 2-storey premises with spacious 4-bedroom owners' accommodation. Briefly comprising: Ground Floor • Bar area with fixed perimeter seating, 2 x large flat-screen TVs, electronic games machine, dartboard, wooden bar servery with 6 points of dispense, bottle chiller, optics display and 2 x electronic cash registers • Ladies & gents WCs • Family room with fixed perimeter seating and ladies & gents WCs • Lounge with fixed perimeter seating, raised stage area, jukebox, wooden bar servery with 9 points of dispense, 2 x bottle chillers, optics display and electronic cash register • Pool room with fixed perimeter seating, pool table and doors to covered smoking area • Kitchen with freezer, microwave oven, grill, electric oven, glass washer and sink Lower Ground Floor • Beer cellar with cooling system and large storage room First Floor Owners' accommodation, briefly comprising: • Lounge with feature brick fireplace • Kitchen with a range of fitted wall
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