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Charming Town Centre Pub Restaurant in Wiltshire

Price:
Leasehold - £97,500
Turnover:
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Seller Ref:
2476
Location:

Wiltshire , Devizes

Business Type:

Food Service Businesses, Pubs

See Other:
Restaurants for sale in Wiltshire
Public houses for sale in Wiltshire
Pubs for sale in Wiltshire
Food service businesses for sale in Wiltshire
Pubs for sale in Wiltshire
Description:
THE BUSINESS:
Preferred Commercial is pleased to offer for sale this popular town centre public house which was established back in 1750 and which has been in our client's careful hands since 2002. The pub is only now being placed on the market due to our client's wish to emigrate. This traditional English pub offers alcohol, food and coffee and generates a turnover in the region of £341,000 per annum with a gross profit of 59% with a 70/30% wet/dry split. The business is popular with shoppers, who call in for a coffee in the mornings and benefits from a brisk lunch trade. Our client does not currently work in the business and a new owner with a hands-on approach could increase profitability. The premises benefit from a self-contained 3 bedroom apartment above and the public areas are full of charm and character. We feel this represents a rare opportunity to acquire a thriving town centre public house in such a delightful location. Early discussions with Preferred Commercial must come highly recommended.
Location Details:
The Four Seasons public house is ideally located in a parade of complementary shops and businesses, close to the market place in the very heart of the popular town of Devizes in Wiltshire. There is ample car parking in the area and the pub benefits from a high footfall. The historic town boasts over 50 listed buildings and an 11th century Norman castle. Devizes lies in the centre of Wiltshire, approximately 10 miles southeast of Chippenham and 11 east of Trowbridge. The town is easily accessed via the nearby A360, while the M4 motorway lies approximately 15 miles to the north.
Lease Terms:
Leasehold Original length:11 years Remaining: 8 years Review:every 4 years Rent:£36,500 per annum
Trading Hours:
Mon - Fri:10.30am - 1.00am Sat:10.30am - 1.30am Sun:12.00pm - 11.00pm
Accommodation:
Traditional English public house dating back to 1750, situated in the heart of the town centre. Briefly comprising: Ground Floor • Entrance lobby • Large open-plan bar and restaurant • Long bar servery with panelled front and 18 points of dispense, • Raised area with wooden balustrade for diners • Ladies and gents WCs • Commercial kitchen First Floor Owners' accommodation, briefly comprising: • Lounge • 3 x double bedrooms • Family bathroom External • Split-level patio terrace to rear
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Business Documents:
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