KIDDERMINSTER - WELL PRESENTED TRADITIONAL WET LED COMMUNITY PUB
£ 320,000
Tenure
Freehold
Description
Substantial community pub
Traditional wet sales only
Open plan lounge bar
Large trade garden and covered outside seating area
Three bedroom flat
Current net sales circa £210,000 per annum
Kidderminster is situated within the Wyre Forest District of Worcestershire 17 miles southwest of Birmingham and 15 miles north of Worcester. It sits astride the Staffordshire and Worcestershire canal. It has good communication links being the meeting point of the A456, A451 and A442 along with the A449 which all provide excellent transport links throughout the region into the Birmingham conurbation, Worcestershire, and Shropshire, makes it an ideal commuter town. It also has a main line national rail station operated by West Midlands trains having direct links to Birmingham and Worcester and is on the Severn Valley Railway Heritage rail line which links to Bridgnorth.
The Golden Lion is a traditional community pub offering wet sales only. The property is detached and appears to be constructed in the main of brick with colour washed elevations under a pitched tiled roof. It provides extensive trading areas with large flat and good trade garden. It has been operated by the current owners since 2015 and they have decided to sell their interest as they feel its time to let new operators take the helm.
TRADE AREAS
Front entrance leading into large open plan ‘U’ shaped TRADING AREA predominantly split into two sections, viz; RIGHT HAND SECTION having carpeted floor and feature fireplace. Mixture of fixed wall leatherette upholstered bench seating with pub style low stools and tables for approximately 28. Curved panelled fronted wood topped bar servery with wooden back bar fitting. LEFT-HAND SIDE SECTION is carpeted and stripped wood floor. Collective mix of benches, tables, and chairs for approximately 40. Darts ochre. LADIES AND GENTLEMENS TOILETS.
BASEMENT
Large two section KEG CELLAR. BOTTLE STORE.
OWNERS ACCOMMODATION
FIRST FLOOR
KITCHEN with fitted units. LOUNGE. Landing OFFICE. Two double sized BEDROOMS and FAMILY BATHROOM.
SECOND FLOOR
Large double BEDROOM. Large single BEDROOM. Large ATTIC space.
EXTERNAL
To the rear is a fence enclosed TRADING AREA with seating for approximately 50. Access to covered seating area with heaters and seating for a further 20. SMOKING SOLUTION.
The business trades as a traditional wet led pub serving the local community and supports a darts team. It opens seven days a week between 11:00 and 23:00 and enjoys a successful trade. The accounts for the financial year ended 31st March 2022 are expected to show sales exclusive of VAT of £210,000.
FREEHOLD £320,000 to include fixtures, fittings and goodwill. Stock at valuation in addition.
VAT will apply on the sale of this property. It will be levied on the sale price of the freehold at the standard rate on 90% of the purchase price. Purchasers may wish to satisfy themselves with independent professional advice that this VAT may be reclaimed.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
A full premises licence is held.
All main services are connected.
Local Authority: Wyre Forest District Council, Wyre Forest House, Finepoint Way, Kidderminster, Worcestershire, DY11 7WF
Telephone: 01562 732928
Rateable Value: £12,900
Traditional wet sales only
Open plan lounge bar
Large trade garden and covered outside seating area
Three bedroom flat
Current net sales circa £210,000 per annum
Kidderminster is situated within the Wyre Forest District of Worcestershire 17 miles southwest of Birmingham and 15 miles north of Worcester. It sits astride the Staffordshire and Worcestershire canal. It has good communication links being the meeting point of the A456, A451 and A442 along with the A449 which all provide excellent transport links throughout the region into the Birmingham conurbation, Worcestershire, and Shropshire, makes it an ideal commuter town. It also has a main line national rail station operated by West Midlands trains having direct links to Birmingham and Worcester and is on the Severn Valley Railway Heritage rail line which links to Bridgnorth.
The Golden Lion is a traditional community pub offering wet sales only. The property is detached and appears to be constructed in the main of brick with colour washed elevations under a pitched tiled roof. It provides extensive trading areas with large flat and good trade garden. It has been operated by the current owners since 2015 and they have decided to sell their interest as they feel its time to let new operators take the helm.
TRADE AREAS
Front entrance leading into large open plan ‘U’ shaped TRADING AREA predominantly split into two sections, viz; RIGHT HAND SECTION having carpeted floor and feature fireplace. Mixture of fixed wall leatherette upholstered bench seating with pub style low stools and tables for approximately 28. Curved panelled fronted wood topped bar servery with wooden back bar fitting. LEFT-HAND SIDE SECTION is carpeted and stripped wood floor. Collective mix of benches, tables, and chairs for approximately 40. Darts ochre. LADIES AND GENTLEMENS TOILETS.
BASEMENT
Large two section KEG CELLAR. BOTTLE STORE.
OWNERS ACCOMMODATION
FIRST FLOOR
KITCHEN with fitted units. LOUNGE. Landing OFFICE. Two double sized BEDROOMS and FAMILY BATHROOM.
SECOND FLOOR
Large double BEDROOM. Large single BEDROOM. Large ATTIC space.
EXTERNAL
To the rear is a fence enclosed TRADING AREA with seating for approximately 50. Access to covered seating area with heaters and seating for a further 20. SMOKING SOLUTION.
The business trades as a traditional wet led pub serving the local community and supports a darts team. It opens seven days a week between 11:00 and 23:00 and enjoys a successful trade. The accounts for the financial year ended 31st March 2022 are expected to show sales exclusive of VAT of £210,000.
FREEHOLD £320,000 to include fixtures, fittings and goodwill. Stock at valuation in addition.
VAT will apply on the sale of this property. It will be levied on the sale price of the freehold at the standard rate on 90% of the purchase price. Purchasers may wish to satisfy themselves with independent professional advice that this VAT may be reclaimed.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
A full premises licence is held.
All main services are connected.
Local Authority: Wyre Forest District Council, Wyre Forest House, Finepoint Way, Kidderminster, Worcestershire, DY11 7WF
Telephone: 01562 732928
Rateable Value: £12,900
Country
England
County
Worcestershire
Town
Kidderminster
Address
George Street Kidderminster Worcestershire
Post Code
DY10 1PX
Website URL
Under Offer
No
Reference Number
RF134474
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