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Public House With Three Bed Accommodation For Sale

 
Stoke-on-Trent, Staffordshire, United Kingdom
 
Advert ref: PU501D
  
Business description
Corner site, main road location. Recently refurbished yet retaining original features this traditional pub offers a selection of cask ales along with the normal wide range of beers, lagers, spirits etc. Also on offer is food, cooked to order, from the lunchtime and evening menus.
From the owners' downstairs lounge the first floor accommodation is accessed.
To the rear of the property is a secure, large beer garden and childrens' play area.


Employees: Owners plus a total of 46 hours part time assistance
Trading hours: Monday to Thursday 12.00 noon to 12.00 midnight, Friday & Saturday 12.00 noon to 12.30 a.m; Sunday 12.00 noon to 11.00 p.m.
Property: Leasehold

Lease terms
The property is brewery owned. 9 years remain of a 10 year lease with 5 yearly rent reviews. Current rent payable is £30,000 p.a. We understand a bond of c. £6,000 will be required by the landlords.

Living accomodation
Private accommodation includes: A ground floor lounge 4.50m x 3.96m (14'9" x 13') from which the first floor accommodation is accessed. This has not been inspected but we understand it comprises three bedrooms, kitchen and bathroom.

Location
This traditional pub is located on the outskirts of Stoke on Trent within a mixed residential and retail area.

Expansion potential
The lease for the property includes a two storey garage 7.32m x 5.49m (24' x 18') which can be accessed from the garden. This could easily be converted to a games room / children's indoor play area. In the summer it would be possible to stage barbeques in the grounds.

Support & training
Transitional support will be offered by the vendors and we understand that the brewery will expect any approved tenants to undergo their training course.

Reasons for selling
Other business interests.

 
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Financial details

 
Asking price: £22,000
Sales revenue: £134,250
Net profit: £11,960
 
Furniture / Fixtures value: £9,500
Inventory / Stock value: Undisclosed
 

Photos

 
Photograph of this business for sale

 

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