‘FREE OF TIE’ TRADITIONAL COMMUNITY LOCAL INN

PriceTenureReferenceLocationPosting date
£55,000.00 Leasehold 8015L West Midlands 03-12-2017
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  • Deposit received solicitors instructed
  • Located between Birmingham and Wolverhampton and within easy reach of Dudley and West Brom.
  • Bar (circa 35+ plus standing) with open coal fire, retractable big screen and all pub games facilities.
  • Lounge (circa 70+ plus standing) with open coal fire, entertainment stage area and DJ console.
  • Function Room (circa 80 occupancy / 150 including Lounge) with central dance floor sitting beneath eye-catching Atrium and access to spacious garden area.
  • Spacious enclosed rear decked and lawned garden area with wooden benches and children’s play equipment.
  • Fully equipped commercial catering kitchen.
  • Substantial 3 double bedroom owners’ accommodation with private access.
  • Advised turnover circa £138,000 (incl. VAT) for year ending October 2017.
  • Trade 90% Wet sales : 10% Food sales.
  • Totally ‘Free of tie’ privately owned renewable lease with highly attractive rent.
 
AN EXCELLENT OPPORTUNITY TO ACQUIRE A TRADITIONAL COMMUNITY LOCAL INN OFFERING FURTHER UNTAPPED POTENTIAL.
 
ASKING PRICE £55,000 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

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