Public Houses for sale in Nottingham

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Massively Successful Community Pub

Nottingham, Nottinghamshire, England

  • Freehold Price: Guide Price £695,000  Price Reduced arrow_drop_down
Seller Reference: 18716
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Business Description
 
 
 
 
 
 
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Seller Reference: 18716
Request Details
Business Description
A massively successful community pub in a thriving suburban residential location with spacious internal and external trading areas with car park. Net sales for the year ended March 2016 were in the order of £539,827 exc VAT, with an adjusted net operating profit of around £85,000 per annum. A fantastic opportunity, the business has been in the same hands for the past 11 years run entirely under management. The current trade split is approximately 90% wet sales to 10% food, and possesses outstanding potential to further develop the food trade.

The Premises & Trading Facilities
The trade areas are arranged over ground floor level and comprise a bar, a smoke room with customer seating for 28 covers, a lounge bar with stage and seating for around 80 customers, 3 sets of ladies and gentlemen’s WCs and a catering kitchen with beer cellar to lower ground floor. The owners accommodation comprises of 2 x 3 bedroom flats situated to first and second floors. The outside trading area has a large beer garden with bench seating and smoking shelter, and extensive customer car parking.

Owners Accommodation
Situated on the first and second floor comprising of one 3 bedroom flat with kitchen diner, lounge and bathroom and on the second floor is a second 3 bedroomed flat with lounge and bathroom.

Tenure:
Freehold
Location Details:
The Pelican, Bracebridge Drive, Nottingham, Nottinghamshire NG8
Listed by:
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