Free Of Tie Public House/restaurant for Sale
Freehold : £ 120,000
Turnover : £ 3,462 p.w.
The business in ideally situated on a busy main road in one of the 5 towns that make up the city of Stoke-on-Trent. Burslem is a mixture of shops, commercial business and houses and is currently undergoing huge amounts of European-funded regeneration. Historically renowned for the manufacture of pottery, the city is now diversifying into several areas of industry and hundreds of new homes are being built just yards from this legendary business. Stoke-on-Trent is right in the heart of England and is well serviced by the national M6 motorway as well as the busy A50 duel carriageway linking the city with Derby, Nottingham and the M1 motorway to the East. The major cities of Birmingham and Manchester are both approximately 50 miles away.
Long established and highly reputed business
Early viewing is highly recommended
3 bedroom owners' accommodation
Ideal husband and wife opportunity
Scope for further development
Genuine reason for sale
Meridian Business Sales are delighted to offer for sale this traditional public house which has been established circa 1900 and has been in the careful hands of our clients for the last 20 years. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since our clients took ownership of the business they have continually developed and improved the business, introducing new lines and income streams which has enhanced the business massively and in particular shows in the year on year increase in turnover and profitability. Our clients inform us of a respectable annual turnover which is derived the sale of a selection of beers, wines and spirits in addition to light bar snacks as well as offering a highly popular hot & cold food menu. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. The business trades completely free of any brewery tie which is a rarity and as such the profit margins are above industry standards. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.
||Monday: 11:00am - 11:00pm
Tuesday: 11:00am - 11:00pm
Wednesday: 11:00am - 11:00pm
Thursday: 11:00am - 11:00pm
Friday: 11:00am - 11:00pm
Saturday: 4:00pm - 7:30pm
Sunday: 12:00pm - 10:30pm
||Well presented 2 storey property, briefly comprising:
Secure entrance leading to:
Games room with fitted bar servery and darts board
Main bar area with ample tables and chairs plus dining area for 40 covers and fitted bar servery.
Ladies & gents toilet facilities
3 double bedrooms
Alfresco seating area fro 20 covers and smoking shelter
||We are advised freehold