Public Houses for sale in Milton Keynes

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Y. MacGregor (Nov 2017)
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Leasehold Price: £155,000 Annual Turnover: £127,885 Gross Profit: £48,040 Annual Net Profit: £28,003
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Business Description
Large Free Car Park
Profit & Loss to 30th Nov 2014
Annual Turnover £127,885
Gross Profit £48,040
Accounts Available After Viewing
3 Bedroom Accommodation
Massive Potential to Reintroduce Food
Excellent Restaurant Facilities

This very popular pub is located on Bradwell Common Boulevard in Milton Keynes, Buckinghamshire and is surrounded by a densely populated privately owned area of housing with all amenities including local shops and schools. Bradwell Common is only a ten minute walk from the busy town centre with all its excellent shopping facilities and transport links. The pub has a superbly presented, relaxing and spacious 3 bedroom accommodation on the first floor which is ideal for a family.

The pub benefits from being a modern construction with a large, airy and welcoming open plan bar with TV screens, a pool table and also caters for other activities such as Karaoke and occasional live music. There is a large conservatory at the rear which has previously traded as a Thai restaurant and there is massive potential to reopen this facility and also cater for private functions. The conservatory has up to 50 covers and there are also another 40 covers available in the bar plus further seating and bench tables in the beer garden. The beer garden can also cater for barbecues and there is also a private car park, together with plenty of additional free lay-by parking available on the road to the front of the pub.

The restaurant stopped trading due to a dispute with the Chef and not because it was unpopular. Indeed, local residents would love to see it reopened and it can be opened to serve any type of menu. The current owner is looking to concentrate on her other business interests and the pub is currently trading 100% wet.

The business is owner run and managed with the help of 2 full time staff members.

The pub currently has an average turnover of £4,000 per week which can be vastly increased with the reopening of the restaurant.

This is an excellent opportunity for a husband and wife team, chef and front of house, to develop a very profitable business and these very well presented facilities require no investment in refurbishment or redecoration and early viewing comes highly recommended.


The equipment fixtures and fittings briefly include internal attractive wooden tables and chairs in the bar to seat up to 40 customers and a further 50 in the conservatory, sofas and cushioned seating with coffee tables in the window recesses, 12 wooden bar stools with back rests, to the exterior at the front there are 3 cement benches with wooden surfaced seating and table tops, to the rear in the beer garden there is a range of metal bistro tables and chairs and also wooden bench seating and tables accommodating up to 50 people.

In the bar there is a full and extensive range of beer pumps, optics and chilled bottle display fridges at the bar/servery. The kitchen has a 6 range gas cooker and a separate 3 wok gas range, deep fat fryers, griddles and panini toasters and numerous stainless steel preparation tables and surfaces, microwave ovens, slow cookers and mixers, an automatic glass cleaner and dish washer, fridges and freezers and a four camera CCTV system.

Trading Hours:
MON: 12:00 - 23:00
TUE: 12:00 - 23:00
WED: 12:00 - 23:00
THU: 12:00 - 23:00
FRI: 12:00 - 00:00
SAT: 12:00 - 00:00
SUN: 12:00 - 23:30

Tenure: Leasehold

Accommodation Details:

At the front of the pub there is a paved area with benches and a sheltered area. The main entrance is accessed through a small lobby into the large open plan bar which is L-shaped, with a fully fitted wooden drinks servery to the right with beer pumps, optics and chilled drinks fridges at the rear. The floor is carpeted and there are 12 comfortable wooden bar stools positioned along the bar. To the left is a pool table and gaming machine and to the right are two recessed areas by the windows with sofas, coffee tables and additional relaxing seating.

The rear of the bar/servery area affords easy access to the fully equipped professional kitchens with additional preparation and storage rooms along with a temperature controlled ground floor cellar.

Looking further down the main bar there are wooden tables and chairs and a raised floor with additional seating and tables by the side windows which offers a pleasant dining area. The main bar leads through a set of double doors and down a small flight of stairs, where there are customer toilets with disabled access to the left and this hallway then leads through to the conservatory restaurant at the rear.

This very attractive conservatory is very well lit with a chandelier at its centre and has a great deal of character with its wooden ceiling, pillars and beams. There is a raised area to the right which has multiple uses, offering a stage for live music, Karaoke and a DJ, and can also be used as a small dance floor.

The conservatory is surrounded by high curtained windows which also incorporate a double set of doors opening out into the paved beer garden affording an extended area for private functions. The split level beer garden is brick paved with numerous potted plant and small tree display and has a small bedded plant area at the rear. The beer garden also comes fully equipped with wooden benches, bistro tables and parasols.

Also to the exterior of the main building, accessed via a short driveway, is a customer car park which accommodates up to 20 vehicles and also has two outbuildings, equivalent to two single garages, offering ample additional storage space. At the rear of the building there is a courtyard surrounded by wooden fencing which has a double-doored gateway allowing full access for deliveries and the storage of empty barrels etc.

The living accommodation is accessed by a set of stairs from behind the main bar servery area. The accommodation is very spacious, well lit and airy and has been maintained to a very high standard, offering a master bedroom and 2 large double bedrooms, an extensive living room, bathroom and a general administration office.

The accommodation benefits from central heating and double glazing throughout and is fully carpeted. There is no private kitchen currently incorporated, however there is room if desired to accommodate one if the office or one of the bedrooms were to be converted.

Location Details: Milton Keynes

Leasehold Term: Rent: £673

Downloadable Documents

Listed by: Blacks Business Brokers Limited

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