Pubs for sale in Prudhoe

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 The sale came via an enquiry from your website. We're very pleased that it worked so well for us 

Polly Franey (July 2015)
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Freehold Price: £235,000 Price Reduced Turnover: £156,000
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Business Description
BUSINESS
Hilton Smythe is delighted to welcome to the market this popular public house business in the town of Prudhoe, Northmberland.

The business was established in 1892 and has been in our clients careful ownership since 1998. Only now is the business being offered to the market due to our clients desire for a well-deserved retirement. The public house operates 7 days per week and generates a turnover in the region of £156,000 per annum, with a good gross profit.

Our client offers a wide range of beverages including, beers, lagers, wines, spirits and soft drinks. The business has a superb reputation within the area for the excellent service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is massive scope for growth by introducing food sales, which could increase the turnover. A new owner could also embark on a small marketing campaign to highlight the business and services offered. The business would also benefit from the launch of a website to promote the public house.

This is an excellent opportunity for a new owner to take this public house to the next level; therefore early viewing must come highly recommended.

LOCATION
West Wylam Inn occupies substantial two-storey premises, ideally located within the town of Prudhoe in Northumberland.

The business occupies a prime trading position and is surrounded by densely populated residential areas, from which the business derives much of its trade. The business benefits from free parking for approximately five vehicles. The property lies on the busy B6393, therefore the business further benefits from a high volume of footfall and passing trade.

Prudhoe is a medium sized town just south of the River Tyne in the southern part of Northumberland. The town is sited on a steep north-facing hill in the Tyne Valley and has a residential population of 11,500. Prudhoe is a popular place in which to live and work, as well as being a commuter town for nearby Newcastle. The public house has the added benefit of being free of tie. The property boasts a large main bar area and games room, both with their own bars, as well as four bedroom owners accommodation to the first floor.

The area of the property is served by the public transport system with bus stops close by. Prudhoe railway station is approximately 1 mile away. The town is also served by the A-roads, with the A695 skirting the edge of the town, just a short drive away, which connects to the extensive A-road and motorway networks. Newcastle is approximately 11 miles away and Gateshead is 11½ miles away.

PREMISES
Substantial and prominent two-storey property, briefly comprising:

Ground floor:

Main bar with 4 x points of dispense, optics display, tall drinks refrigerator, shelving for glasses and electronic cash register.

Perimeter seating.

Tables and chairs.

Bar stools.

Games room with:

Bar with 4 x points of dispense.

Pool table.

Dart board.

Gaming machines.

Perimeter seating.

Tables and chairs.

Ladies and gents WCs.

First floor with:

Living room.

Kitchen.

Bathroom, which has been converted into a wet room with shower.

3 x double bedrooms.

Single bedroom.

External with:

Good signage.

Car park for 5 x vehicles.

Private garden

TENURE
We are advised Freehold.

HOURS
The business is open:

Monday – Thursday: 10.00am – 12.00am

Friday – Saturday: 10.00am – 1.00am

Sunday: 10.00am – 12.00am

STAFF
The business is owner run and managed with 4 x staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of £156,000 per annum, with a good gross profit.



Tenure: Freehold

Listed by: Hilton Smythe
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