Popular Public House and Restaurant in Conwy Gwynedd
Price:
Freehold - £455,000
Business Type:
Food Service Businesses, Pubs
Preferred Commercial is delighted to offer for sale this popular public house and restaurant, which has been in our client's hands since 1993 and which 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 £216,000 per annum with a gross profit of 53% on a wet/ dry split of 60/40. The business boasts approximately 60 covers and provides meals for locals and tourists all year round. Our clients offer a range of entertainment including, weekly quiz nights, jazz nights etc. A new owner could increase turnover by expanding on the entertainment and by perhaps embarking on a modest advertising campaign. There is a web site in place which could be developed further to promote the business. We are advised that planning permission was granted for a conservatory style building to the front of the premises, however this has now lapsed. We feel this represents an ideal opportunity to acquire a freehold, free of tie public house and restaurant in such a desirable area. Early discussions with Preferred Commercial must come highly recommended.
The Old White House is ideally located on a busy road leading into the centre of Conwy in North Wales. The business occupies substantial 18th century premises set back from the road and with a large car park to the front. The pub sits directly opposite a large holiday park and is just half a mile from the town centre. Conwy is a historic walled town renowned for its medieval castle and is a popular tourist destination. The area is easily accessible by rail or road with the A55 North Wales Expressway being half a mile from the pub. Colwyn Bay lies approximately 6 miles to the east, while Llandudno is approximately 4 miles to the north.
Summer
Mon - Sun: 11.00am - 1.00am
Winter
Mon - Wed: 5.00pm - 1.00am
Thurs - Sun: 11.00am - 1.
Substantial 18th century public house and restaurant premises with spacious car park to front. Briefly comprising:
Ground Floor
• Open-plan lounge area offering 40 covers, feature vaulted ceilings and exposed beams, feature log burner, integrated sound system, ceiling fans, DJ/karaoke system, raised wood floor area, large central bar servery with 12 points of dispense including real ale pumps, 2 x double chillers, electronic cash register and optics display, glass washer, coffee machine and flat-screen TV
• Ladies WC
• Gents WC
• Rear bar with raised stone floor area, large TV, mirrored walls, approximately 20 covers
• Beer cellar with cooling system, ice machine and bottle store
• Commercial kitchen with 6-burner range, 2 x double fryers, 5-pot Bain Marie, grill, stainless steel extraction system, 2 x microwave ovens, stainless steel preparation surfaces, 2 x freezers, pizza oven, 2 x refrigerators, dishwasher and double commercial sink
Owners' private accommodation
• Kitch
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