Pubs for sale in Alrewas

View the "LEASED PARTNERS OPPORTUNITY - George & Dragon" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 We were searching for a retirement business opportunity and we found it on 

Mr & Mrs Neville (Sept 2013)
View More
Leasehold Price: Price on Application
Request Details
Business Description

The George & Dragon is an imposing, three storey Grade II listed pub in the attractive village of Alrewas. It is a community local pub with a food offer and heaps of potential. It has recently been lowered in rent with a planned investment to be completed shortly.

The main bar area is split into three distinct cosy sections, with a separate lounge/dining area. The pub also benefits from three double letting rooms with shared bathroom. There is a small function room, a games area, a large car park and a beer garden/patio area. With beams, open fires and lots of nooks and crannies, this pub has a traditional feel about it.
The private accommodation consists of three bedrooms, a lounge, a bathroom and a kitchen.

The George & Dragon is based beside the River Trent in the beautiful village of Alrewas, which has lots of historical charm and thatched cottages. It is close to affluent towns such as Lichfield, Wychnor, Barton Under Needwood, Fradley, Kings Bromley and Yoxall. It is only one mile from the National Memorial Arboretum.
The pub currently attracts local residents and tourists and is a well-known water hole. It also sponsors a local football team. The customer base could be built on by offering a locally sourced food menu and more cask ales, and by better marketing the business.

Currently trading at approximately £5,000 per week, there is the potential for this site to trade at double this figure if all opportunities to grow the business were capitalised upon.

Fully Tied
Rent: £34,000
Barrelage Discount £65
Fair Maintainable Turnover* £440,000
Ingoing Total Costs:

Working Capital: £10,000
Training Fee: £550 +VAT
Security Deposit: £8,500
Stock and Glassware: £1,000

Ongoing Costs:

Service Charge: £1,350
Decorating Fund: £2,000
Insurance: £998
*Figures taken from Marston's rent assessment

Once you’ve agreed the purchase terms for the fixtures and fittings you will not be charged for any additional ingoing costs by Marston’s, other than those detailed above.
*Figure taken from Marston’s rent assessment

**An estimated figure and subject to completion within 8 weeks
**The ongoing contractual costs will vary in accordance with the terms of the specific agreement.

****You will also need to obtain independent advice from a qualified accountant, a RICS qualified surveyor and a qualified solicitor at your own cost
Tenure: Leasehold

Downloadable Documents

Listed by: Marstons
Find out more about this business for sale opportunity by submitting the form below.
Contact Details Fields marked with an * are required by the seller
* * *
* * *
* *
* *

What happens next?
  • 1We send your email to the business seller
  • 2They will be in contact with you as soon as possible
Would you like ASC to contact you about finance options?
This is a no-obligation service. You will ONLY be contacted by your local
ASC Finance director. Your details will not be passed on to any third party.

Seller Reference:
Bookmark and Share
You May Also Like...