Planning permission in place for 5 family homes
Well appointed and presented throughout
Situated in the quaint village of Oakthorpe
Early viewing essential to fully appreciate
High amount of regular and repeat trade
3-4 bedroom owners' accommodation
Advised annual turnover of £130,000
Scope for further development
Popular 36 cover restaurant
Genuine reason for sale
Meridian Business Sales are delighted to offer for sale this traditional public house and restaurant which was established in the 1700's and has been in the careful hands of our clients since 2005. Our clients are reluctantly offering the business to the market due to unfortunate ill health. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at £130,000 which is derived from the sale of a selection of beers, wines and spirits in addition to light bar snacks along with a popular hot & cold food menu. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This business would ideally suit a husband and wife or partnership and could afford a good standard of living. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.
This superb public house is located on a main through road in the village of Oakthorpe in Derbyshire. The village is near to the bustling market town of Ashby de la Zouch, Swadlincote and a short distance from Measham, is an ever increasing popular village, with easy access to the M42 motorway and onwards to major cities including Nottingham, Derby, Leicester, Coventry and Birmingham. The East Midlands airport is a 25-30 minutes drive away. For recreation and country walks, the nearby National Forest visitors' centre at Moira is well worth a visit.
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