SUPERB LEASHOLD PUBLIC HOUSE
Price:
Leasehold - £84,950
Business Type:
Food Service Businesses, Pubs
SUPERB LEASHOLD PUBLIC HOUSE - WEST MIDLANDS
Thwaites lease with rent of £52,936pa & rates of £24,000
Business to include all fixtures, fittings and equipment
Early interest and viewing is highly recommended
Turnover approximately £600,000 per annum
Highly populated residential area
Largest beer garden in Solihull
Close to Land Rover plant
High turnover business
Huge scope for food
LEASEHOLD
Business History
Meridian Business Sales are privileged to offer to the market this well respected high turnover public house. The business has been established for over 30 years and has been in the careful hands of our client for the last 2 years. This superb concern is only being offered to the market due to our clients desire to move abroad. Our client informs us that the annual turnover for the business is in excess of £600,000, which is derived from 70% wet sales and 30% from dry sales. Food is currently not being served on Monday, Tuesday and Wednesday lunch times, giving huge scope to increase. The business is owner operated but has 1 full time chef and 5 part time members of staff. During our clients ownership he has made considerable investment and has continually invested in new equipment and fixtures and fittings which are all included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. We believe that there is huge potential to increase turnover by pushing food sales and as such early viewing is highly recommended as this business cannot be missed.
This well appointed public house is situated in a prominent trading position in the highly desirable area of Solihull. It sits in a highly populated residential area but has a wealth of industry nearby, including Solihull Land Rover plant and Solihull town centre which are within 1 mile. Birmingham centre is only 8 miles away and Birmingham International Airport is 3.5 miles making this a very accessible location. It's accessed via the A41 and is 1 mile from the M42 motorways and is within close proximity to the M6, and M5 motorways.
Leasehold
Original length: 15 years
Remaining: 13 years
Review: 5 years
Rent: £59,936pa inc VAT
Detached public house situated in a highly populated area of Solihull, briefly comprising of:
GROUND FLOOR
Entrance door with vestibule leading to main open plan bar/lounge with dining area and seating for 42, snug area with additional seating, TV, leather sofas, cutlery area with coffee machine and bar area with TV, darts board and gaming machines. Glass wash room with glass washer and sink, dry stores with double sink, storage racks and fridges, bottle stores with lockable store room, cloak area and cleaning cupboard.
Ladies toilet and wash basin
Gents toilet and wash basin
Disabled toilet and wash basin
Catering kitchen with 4 x ring gas hob and oven, 4 x pot wet bain-marie, food warmer, hot cupboard, 3 x fat fryers, char grill, dishwasher, sink and fridges/freezers and microwaves. Cellar on ground floor with sink.
FIRST FLOOR
Self-contained owners' accommodation
2x double bedroom, double bedroom with wash basin, cloak room and airing cupboard, bathroom with bath,
North Yorkshire
£ 750,000
|
|
Business Services that may be of Interest:
|
|
|