Pubs for sale in Caerphilly

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Adam Warren (Jan 2017)
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Leasehold Price: £55,000 Turnover: £113,868 Gross Profit: £53,149
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Business Description
Business
Hilton Smythe welcomes to the market this very well established public house. With Large 3 Double Bedroom Owners Accommodation,

This is run on an old Whitbread Laurel Lease, meaning that they are only tied in for their beer and lager sales, however for everything else it is the same as a freehouse, so offers great flexibility and improved profit margins.

The pub has been in the village for many years and has been run by the current owners for the past 12 years. They are now looking towards a well-earned retirement.

They are very much wet sale led, however they do provide a very popular Sunday lunch on the first Sunday of every month where they cater for up to 40 guests and they also do some food sales from Wednesday to Saturday. They also have a regular darts team and entertain other regular clubs to include, a shooting club, golf society, bridge team and knitting & crochet society.

The business is run very much as a lifestyle business, however there is great potential for the pub to be taken to the next level, particularly with more concentration on the food side of the business, together with longer hours, more advertising including social media and a website. There is also, a lot of housing development taking place nearby which can only add to the client base and turnover.

There is an extensive inventory of fixtures and fittings to include tables and chairs in both bar areas and much more.

An internal inspection is very highly recommended to appreciate the potential on offer.

Location
Church House Inn is situated in the popular village of Bedwas, opposite the local Church.

Bedwas is a village two miles north-east of Caerphilly, South Wales, situated in the Caerphilly county borough, within the historic boundaries of Monmouthshire. Bedwas neighbours Trethomas, Graig-y-Rhacca and Machen, and forms a council ward in conjunction with those communities.

The population is approximately 8,500.

Easy access is gained to all surrounding areas via the A470 and M4 motorways, with the capital city of Cardiff being less than 10 miles to the South.

Premises
An easily managed yet good sized public house, with spacious owner’s accommodation.

The ground floor consists of,

Main Bar Area

• Tables and chairs
• Darts board
• Restaurant/lounge bar with up to 30 covers
• Large bar with optics
• Display shelving
• Good sized beer cellar
• Large commercial kitchen
• Utility
• Storage
• His and hers toilets

The owner’s accommodation on the first floor consists of,

• Good sized lounge
• Kitchen
• 3 double bedrooms
• Bathroom

There is have a large car park to the front, a small rear courtyard customer garden, owners private garden and large garage.

There is a range of equipment included within the sale as follows,

• Ample tables
• Chairs
• Pictures
• General pub decoration
• Washing machine
• Drinks fridge
• Stainless steel preparation areas
• 6 burner gas cooker
• Bain marie with hot draw
• 2 deep fat fryers
• Grill
• 2 microwaves
• 2 freezers
• 2 chest freezers
• 2 fridges
• Hob and much more

An internal inspection is very highly recommended to appreciate the position, space and real potential on offer for the discerning purchaser.
,

Tenure
We are advised that the business is being sold as a Leasehold opportunity, on a 25-year lease with 22 years remaining.

We are advised the current rent payable is £18,000 per annum.

Hours
Monday Closed
Tuesday & Wednesday 5:00 p.m. to 11:00 p.m.
Thursday 5:00 a.m. to 11:30 p.m.
Friday 5.00 p.m. to 12:00 a.m.
Saturday 2:00 p.m. to 12:00 a.m.
Sunday 12:00 p.m. to 10:00 p.m.

Staff
The business is run by the current owners.

Financial Profile
The accounting information for the year ended 31st March 2017 shows a turnover of 113,868, with a gross profit of £53,149.

According to the VOA website the current rateable value is £5,000, however the property benefits from small business rate relief so has rates to pay.

They do however pay council tax on the first floor living accommodation.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04517
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