Pubs for sale in Scunthorpe

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 We were searching for a retirement business opportunity and we found it on 

Mr & Mrs Neville (Sept 2013)
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Freehold Price: £300,000 Price Reduced Turnover: £143,341 Gross Profit: £91,606
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Business Description
Hilton Smythe are delighted to introduce to the market The Ironstone Wharf Inn. This large family/dog friendly pub is set in a lovely village location, and was established in 1947.

Our client is reluctantly selling the business due to wanting a well-earned retirement. Running the business since 1995, with support from the great local community atmosphere. The business has been excellently kept, well maintained throughout and is in superb condition. The pub hosts local sports and social events for the community, the pub also has two football teams. The feature of the pub is a large trophy cabinet, you can really get the community feel for the place.

The turnover is around £143,000 with a gross profit circa of 64% as per 2016 accounts.

The pub offers live music and sports tv, in the open plan bar area. There is also an outside enclosed seating area of the pub which seats 48, the large beer garden can help to boost the turnover in the summer months.

With a range of different activities you can choose from the darts league, poker, dominos or even date night. The business only currently offers wet trade, opening up the opportunity of introducing food to further boost profits.

With this detached pub comes a large carpark, which could be developed to provide accommodation units (subject to planning), we are advised that there is a shortage of B&B in the area.

This is a fantastic business opportunity with superb owners accommodation, and we urge further viewing.

The Ironstone Wharf Inn is set in the village of Gunness, Scunthorpe, North Lincolnshire, close  to the River Trent.

Close by there is the Althorpe train station, with trains that run to Sheffield, Doncaster and Cleethorpes. Hourly bus services throughout the day, makes this a well reached area.

The pub is set next to the Ironstone Bridge, which is a feature of the village. Next door is a garage and to the other side is a large commercial shipping area. Set on a main road which is lined with houses, ensuring good footfall in the area.

As the business is within an industrial area, they also offer overnight parking for lorries. The carpark is large so as well as offering the parking for lorries there is also parking for 50 cars.

A brick built building, with large carpark and beer garden.  

Cellar is fully pumper and piped, used for stock.

Traditional wood style bar stocked with spirts and a 3 door bottle chiller, with 12 pumps, soft drinks dispenser and a till. Snug feel to open plan bar.

Main bar area has seating for 60 covers, with a feature fireplace and trophy cabinet.

Within the bar area is a games area, with a rented pool table and game machine. A big screen tv, with more seating of up to 12 including stools.

On the ground floor there is also a kitchen with a 6 burner oven, prep table, pie warmer, microwave, two bowl sink, fridge/freezer and a separate hand wash station.

There is a boiler area which also has an additional fridge, or could be used for more storage.

Separate male and female toilets, both of which have been recently refurbished. In the males toilet the urinals and basin have been uniquely made to look like beer barrels. In the female toilets there is a stylish feel, 2 cubicles each with their own sink. There is also a seating area in the toilets.

On the first floor is the owner’s accommodation, which contains 2 double bedrooms. There is also scope for a third bedroom, which is currently an office. The kitchen and bathroom with bath and separate shower, is fairly new with a modern clean look. There is also a storage area.

We are advised freehold.

The business opens-

Monday-Sunday:  11am- till 1am

This thriving pub is run by our client who is helped by 5 part time members of staff. They are payed on a casual basis.

We are advised the turnover for the business is £143,000 with a gross profit of 64% as per 2016 accounts.

Tenure: Freehold

Listed by: Hilton Smythe
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