Highly profitable city centre pub priced for quick sale, Wiltshire
Turnover £221,682 per annum (y/e 31.07.14), genuine growth potential
26 cover dedicated dining room plus 60 covers bar area plus beer garden
Excellent reputation, leasehold at a good rental, tied only to beers, viewing recommended
Ref. 44137 Highly Profitable pub, set within a major town centre, Turnover £221,682 per annum (y/e 31.7.14), EBITDA £53,866 stunningly presented with secluded beer garden and parking, 26 cover dedicated dining room plus up to 60 in the bar, excellent reputation, genuine potential for growth, retirement sale.
This is an extremely rare opportunity to acquire a stunning leasehold pub which offers a little piece of the countryside within the city centre located right in the centre of Salisbury, Wiltshire.
The Royal George is ideally situated on the Bedwin Road just minutes walk from Salisbury city centre. The Royal George benefits over its rivals in the fact it has a delightful secluded beer garden, finished to a very high standard, a car park and owners accommodation.
The Salisbury area is renown for its affluence and military presence with some of the most stunning of the Wiltshire countryside upon its doorstep, a point which literally attracts thousands of day trippers throughout the year, who visit to take in the stunning natural scenery and beauty of this Cathedral City.
The Royal George is a traditional 15th century pub with additions made in the 18th century and was acquired by the present owners in 2004. During that time the business has earned an excellent reputation for offering a warm welcome, with well appointed facilities which ensures the business enjoys good reviews for its food, as well as frequent referrals and recommendations.
The vendor has developed the business including an overhaul and renovation of the property, which leaves a standard to be envied.
The Royal George has a compliment of well trained and motivated staff members, which is another major factor of the businesses success and reputation.
Within the kitchen, the vendors offer an excellence in food. Food sales are growing annually and with a capacity to serve over 80 clients within the dining room and bar areas, offering exceptional scope for a new person to continue the growth and success.
Since the business was established, the property has been sympathetically renovated, taking great care to preserve and enhance the historic character of the existing building.
The Royal George now offers a 26 cover dedicated dining room, 60 additional covers within the
Summary. This well known and highly regarded business has been successfully operated by the present owners for many years and is only now being offered for sale due to retirement.
Due to all the scope available with this sale and the excellent profitability, it represents a first class opportunity for an enthusiastic husband and wife team. Viewing is highly recommended.
Is accommodation included?: