Restaurants for sale in Bury St Edmunds

View the "TRADITIONAL PUBLIC HOUSE/RESTAURANT - SUFFOLK" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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S Martin (Feb 2013)
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Leasehold Price: £40,000 Price Reduced Annual Turnover: £300,000
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Business Description
Well appointed and presented throughout
Early viewing essential to fully appreciate
Situated in the quaint village of Woolpit
3 bedroom owners' accommodation
Advised annual turnover of £300,000
Scope for further development
Genuine reason for sale
Options to be free of tie
8 letting rooms

Business History

Meridian Business Sales are delighted to offer for sale this traditional public house with letting accommodation which has been in the careful hands of our clients for the last 22 years. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since our clients took ownership of the business they have continually developed and improved the business, introducing new lines and income streams which has enhanced the business massively and in particular shows in the year on year increase in turnover and profitability. Our clients inform us that annual turnover currently runs at £300,000 which is derived from the sale of a selection of beers, wines and spirits in addition to light bar snacks and a popular hot and cold food menu along with 8 well presented letting rooms. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. 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.
Tenure: Leasehold

Accommodation Details:

Well presented character property, briefly comprising: GROUND FLOOR Secure entrance leading to Main bar with fitted bar servery, ample fixed and additional seating for approximately 18-20 covers, darts board, pool room with pool table and bar servery, ladies & gents toilet facilities, lobby area, conservatory with tables and chairs for approximately 12 covers, restaurant with ample dining tables and chairs for approximately 32-40 covers, wood burning fire, bar servery, fully fitted catering kitchen (Calor gas for hobs), preparation room and access to beer cellar/store room FIRST FLOOR Owners Accommodation 3x double bedrooms 2x bathrooms Lounge Letting Accommodation 1x family room with en-suite 2x double rooms with en-suites 1x single room with en-suite EXTERNAL Car park for approximately 30-40 vehicles Smoking shelter Lawned beer garden Vegetable patch Patio/garden area Letting Accommodation Purpose built outhouse 1x double room with en-suite wet room (disabled access) 1x double room with en-suite 1x twin room with en-suite 1x single room with en-suite

Location Details:

This well established public house is located on the main through road of the village of Woolpit near Bury St Edmunds. Woolpit is a popular and upmarket village in the county of Suffolk renowned for its picturesque countryside and quality period properties. Due to the position of the shop it is surrounded by a wealth of complimentary businesses all of which attract considerable trade to the area. The location of the business ensures that it receives high levels of local and passing trade as Woolpit is on the main trunk road connecting the village to Bury St Edmunds. Bury St Edmunds is a lively and popular town renowned for its fine period properties, rolling countryside and quality recreational facilities. The town and surrounding areas are easily accessed via the A14, A143 and A134 trunk roads.

Leasehold Term:

Leasehold Original length: 15 years Remaining: TBA Review: Every 5 years Rent: £52,000pa

Listed by: Meridian Business Sales Limited
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