Town Centre Public House in Essex

Price:

Freehold - £550,000

Turnover:

Seller Ref:

2767

Location:

Essex , Undisclosed

Business Type:

Pubs

See Other:

Public houses for sale in Essex
Pubs for sale in Essex
Pubs for sale in Essex

Description:

THE BUSINESS:

Preferred Commercial is delighted to offer for sale this popular town centre public house, which was established circa 1600 and which has been in our clients' careful hands since 1996. The public house is only now being placed on the market due to our clients' wish to retire. The business operates 7 days a week and generates a turnover in the region of £182,000 per annum with a gross profit of 62%, derived from wet sales only. There is huge potential to increase turnover by introducing food sales, for which we believe there is a demand. This traditional public house boasts 3 large screen TVs showing sports and is host to the local golf society and 2 snooker league teams. There is also spacious 3 bedroom family accommodation above the pub and there are various outbuildings to the rear with potential for development. We feel this represents an ideal opportunity to acquire a long-established town centre public house with immense scope for future growth. Early discussions, in confidence, with Preferred Commercial must come highly recommended.

Location Details:

This popular public house occupies a prominent corner trading position on a busy roundabout in this small Essex town. The pub is close to the main shopping centre and the town's amenities. There is a spacious car park to the rear of the premises and regular busses run past the pub. The town is popular with commuters,being a short distance from the M25 motorway.

Trading Hours:

Mon - Sun: 11.00am - 11.00pm

Accommodation:

Substantial town centre public house premises with 3-bedroom owners' accommodation. Briefly comprising: Lower Ground Floor • Beer cellar fitted to suit trade Ground Floor • Central bar serving three separate areas with beer pumps, optics display and bottle chillers • 2 x bar lounge areas with tables and chairs for in excess of 55 persons • Pool room with leased pool table and original feature fireplace • Ladies WCs • Gents WCs • Kitchen • Utility room First Floor • Room with full size snooker table • Office • Sitting room • Double bedroom • Kitchen • WC Second Floor • 2 x double bedrooms • Bathroom • WC • Store room External • Courtyard garden area with seating to rear • Covered smokers area • Single stable • Double stable • 2 x garages • Car park for approximately 10 vehicles