This is a rare opportunity to acquire a well-established, hugely popular pub based in Mansfield, Nottinghamshire

  • Leasehold Price: £120,000
  • Annual Turnover: £110,527
Mansfield, Nottinghamshire, England
Seller Ref:527
For Sale

This is a rare opportunity to acquire a well-established, hugely popular pub based in Mansfield, Nottinghamshire

Mansfield, Nottinghamshire, England
Seller Ref:527
  • Leasehold Price: £120,000
  • Annual Turnover: £110,527

Overview

Seller Ref: 527

Description

This is a rare opportunity to acquire a well-established, hugely popular pub based in Mansfield, Nottinghamshire. The business is available on a leasehold basis only.
The business operates as a popular bar set in the Park Keeper’s pavilion on a busy park in Mansfield. They sell a wide range of alcoholic and non-alcoholic drinks and light food. The bar also features four rotating real ales from local and National breweries. The aim of the business is to create a unique atmosphere and a hub for the local community. The pub benefits from having a children’s play area just outside and is surrounded by tennis courts, a bowling green, a football court, and football pitches nearby. This dog-friendly pub is hugely popular with locals and visitors, especially during the warmer months of the year. The quiz nights and live music events always attract a good crowd and there is space upstairs to hold parties and other events.
The current owners have skilfully combined the character features of the building with modern fixtures and fittings and can boast a capacity of 130 customers inside across two floors, and a further 200 in the outside seating area!
The business has been established since 2019 and experienced steady growth on an annual basis since then. They have built up an excellent reputation in their local community and are considered a household name in the town. They can also boast a loyal customer base which has resulted in a vast amount of repeat business which has led to impressive financial figures over a sustained period.
• High footfall and passing trade
• Prominent location in the area
• Loyal customer base
• Premises renovated to a high standard.
• 130 Internal covers
• Outside seating area – 200 covers
• All fixtures and fittings included
• Minimal overheads (competitive lease)
• Minimal competition
• High turnover – £110,000 (approx.)
• Huge potential for further growth and success.
• Huge amount of free parking nearby
It is with a heavy heart that the current vendors are selling due to retirement. Due to the location and impressive financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking an established business within the licensed/catering sector or an existing business looking for a lucrative acquisition.
We have received many enquiries on this business at an initial stage so please contact us to arrange a meeting to avoid disappointment.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

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