CHARMING PERIOD COUNTRY PUB & EATERY WITH SUNNY COURTYARD (Ref: S570)
This mid island country pub and eatery oozes period charm and all the old fashioned features of a traditional country pub. The pub briefly comprises:
Public / more relaxed drink focused bar area
Larger bar area aimed more, but not exclusively towards diners,
Further restaurant/function room catering for 50 covers to the rear of the pub.
There is a multi fuel wood burning real fire stove helping to create a cosy and relaxed ambiance; a fully fitted and very functional kitchen; a small but sunny courtyard.
Additionally the premises include a generously sized 3 x double bedroom Registered (non qualified) self contained apartment, included in the modest annual rental of the whole premises of £27,000 approximately.
The pub has been run as a traditional and relaxed country pub, where good quality food prepared by the in house chef is served daily at lunch and dinner times, together with a range of quality beers and wines supplied by the tied brewery.
Operated by the current management since June 2012, there remains 3 years to run on the current lease. A new longer lease will be provided subject to Lessor consent. The business holds two Registered licences for employees with less than 5 years residency/employment.
Tied to one of the major breweries the pub is offered for sale as a leasehold business, subject to the approval of the brewery, at an asking price of £69,500 to include the contents to purchase, currently owned by the business management.
Further details and a full inventory are available upon request through the vendors sole agent Lakey, Offshore Limited
Price Range: £69,500 (Great price )
Turnover: £250,000 annually
Profit: 60% Gross profit margin on sales
Contact: Eric Smart
Phone: 07797 939 662