SUPERB PUBLIC HOUSE - WARWICKSHIRE

Price:

Leasehold - £39,950

Seller Ref:

2858

Location:

Warwickshire , Nuneaton

Business Type:

Pubs

See Other:

Public houses for sale in Warwickshire
Pubs for sale in Warwickshire
Pubs for sale in Warwickshire

Description:

THE BUSINESS:

SUPERB PUBLIC HOUSE - WARWICKSHIRE
Early interest and viewing is highly recommended
Located on the main A444 road in Nuneaton
Advised weekly turnover of £5,000
2 bed owners' accommodation
Pub with unused restaurant
Well established concern
Detached property
Main road location
Scope for food
LEASEHOLD

Business History

Meridian Business Sales are privileged to offer to the market this superb, well respected thriving public house. The business has been established since circa 1960 when it was built and has been in the careful hands of our client for the last 2 years, albeit he did manage the pub 3 years prior to that. The only reason this superb concern is being offered to the market is due to ill health. During our clients ownership he has continually invested in new equipment along with fixtures and fittings which are all included within the sale price. The business turns over £5,000 per week from wet sales only but there is a fully equipped catering kitchen along with a 40 seater restaurant which is currently unused. The pub has good repeat trade with a number of sporting teams such as darts, dominos and ladies hockey. Themed nights include live bands, karaoke and quiz nights. The business is currently run under management as our client already has a full time job. We believe the business has further scope to increase turnover with new owner operators that can utilise the kitchen and restaurant area. Early viewing is highly recommended as this business cannot be missed.

Location Details:

This superb public house is situated on the main A444 Weddington road just a short walk from Nuneaton town centre in Warwickshire. Nuneaton as a town is surrounded by blue chip retailers and is in a highly populated residential area and has a wealth of industry nearby. It has a great central location and is 3 miles from Bedworth, 4 miles from Hinckley and 6 miles from Coventry city centre. It's accessed by the A444 and is in close proximity to the M6, M69, M1 and M42 motorways making this a perfect and easily accessible location.

Lease Terms:

Leasehold Original length: 30 years Remaining: 22 years Review: Every 5 years Rent: £33,000pa

Trading Hours:

Monday: 12:00pm - 2:00pm > 5:00pm - 11:00pm Tuesday: 12:00pm - 2:00pm > 5:00pm - 11:00pm Wednesday

Accommodation:

Detached public house situated on the main A444 in Nuneaton, briefly comprising; GROUND FLOOR Main entrance door with vestibule leading to: Open plan public bar with bar servery, seating, TV, tables and chairs, function room area with stage that has lighting, PA system, projector screen TV, dart board and access to ladies and gents toilets. Wash room with glass washer Catering kitchen with 2 x sinks, 6 x ring commercial gas hob and oven, griddle, fat fryer, extractor, 5 x pot bain-marie, fitted units and 2 x microwaves. Restaurant with 40 covers Boiler room, store room with 2 x freezers plus cellar (ground level) and main beer cellar with sink, fridge and freezer FIRST FLOOR Lounge area, kitchen, office with bathroom with bath, wash basin and toilet EXTERNAL Owners private garden with wooden shed Front beer garden with picnic tables and parking for 10 Rear parking for 25 Rear smoking shelter and beer garden with decking and seating.