Pubs for sale in Porthcawl

View the "Coastal Town Family Friendly Pub & Restaurant" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Coastal Town Family Friendly Pub & Restaurant

Porthcawl, Bridgend, Wales

  • Leasehold Price: £134,950  Price Reduced arrow_drop_down
  • Under Offer
  • Turnover: £554,937
  • Gross Profit: £309,526
Seller Reference: 2260 H
Request DetailsEmail email
Business Description
 
 
 
 
 
 
 
 
Image 1 of 8 video_library
Seller Reference: 2260 H
Request Details
Business Description
Business
Hilton Smythe welcomes to the market The Globe Inn. This 18th century public house and restaurant has been under the careful ownership of our clients for the last six years, resulting in year on year growth to the profitable business it is today. Currently the business reports a yearly turnover in the region of £555,000 with gross profit at 56%.

The Globe Inn is renowned for being family friendly benefiting greatly from the many camp sites and caravan parks in the area. The business is also well supported by the local community and often hosts special occasion parties for residents. The Globe Inn also has an excellent reputation as a destination eatery with a team of friendly and professional staff.

The restaurant can cater for up to 72 covers, and serves quality pub food at very reasonable prices, alongside a wide selection of guest ales and extensive wine list, with a 55/45 wet/dry split.

This former coaching house is charming, very well maintained throughout with original features including lovely exposed beams and décor in keeping with the style of the premise and good quality furnishings.

Above the business is a superb and substantial owner’s accommodation with four double bedrooms, making this a fantastic opportunity for perhaps a family looking for a lifestyle change in this lovely location.

Location
This charming 18th century public house and restaurant nestles within approximately a 1/3 acre site with large parking facilities in the coastal town of Porthcawl.

Porthcawl lies on the south west coast of Wales around 25 miles from the City of Cardiff and around 19 miles from Swansea.

The town is a popular tourist resort, home to Trecco Bay, a large caravan park.

The business is close to the many tourist attractions including many family friendly sandy beaches, Porthcawl promenade, the Grand Pavilion, Coney Beach funfair, a museum and 3 golf courses.

The town is accessible from the A4229 linking to junction 37 of the M4 motorway.

Premises
Large corner premise set in around 1/3 acre of land.

The front bar has seating to perimeter walls to suit trade, exposed beams, projector tv, electronic games machines, bar servery with 13 dispense points plus 4 ale pulls, 2 chillers, optics, epos till system and ladies and gentlemen’s toilet facilities.

The rear bar/restaurant has quality carpeted flooring, exposed beams, bar servery with 4 dispense points, epos system, 2 chillers, optics display, 72 cover restaurant and ladies and gentlemen’s toilet facilities and disabled facilities.

Good sized commercial kitchen with stainless steel work area, stainless steel extraction system, 6 burner range, double fryer, fridge/freezers, double sink, grill and griddle.

Additional store room.

On the first floor is the owner’s accommodation briefly comprising 4 large double bedrooms, kitchen, lounge, dining room and bathroom.

There is disabled access to all levels.

Externally the business benefits from a large rear car park, seating area, wood store, cellar and store room.

Tenure
We are advised Leasehold

A new 10 year lease is available

Rent is currently £50,000 per annum

Hours
The business opens:-

Monday to Thursday 12.00 pm – 11.00 pm
Friday and Saturday 12.00 pm – 12.00 am
Sunday 12.00 pm – 11.00 pm

Staff
The business is owner run and managed with the assistance of 17 members of staff.

Financial Profile
The business reports a turnover of £555,000 per annum with reported gross profit at 56%.

Tenure:
Leasehold
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

Note: Please select your full postcode from address menu

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Legal Services

Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder image
loder image