Business for sale

Business description

Advent Business Sales are delighted to have been instructed to offer to the market this extremely popular wet led and fully refurbished public house.

Established in 1964 and in the hands of the current vendors for the past 3 years, it is only now being offered for sale as they are planning to retire.


The pub has an excellent smoker’s enclosure which can seat approx 20 and has its own 46” LCD TV and heating.

Although predominately wet led (95%), the pub has a good commercial kitchen which includes:
- Pizza oven
- 4 ring Gas cooker with oven
- Salamander
- 5 Lt Deep fat fryer
- 2 Draw fridge & Freezer plus counter fridge & freezers.

The pub has 3 double bed living accommodation which has been fully refurbished and decorated to a high standard.

This is clearly an excellent pub whose turnover has remained virtually unchanged despite the smoking ban; it has an excellent gross profit of 53% and has great potential.
We believe it an outstanding investment which should be viewed to be fully appreciated.

General Information

Employees:At present, there are 8 employees, 5 working part timer approx 16 hours each and 3 full time staff. In addition, the vendors work full time to boost the compliment of staff to 10
Property:Leasehold
Lease terms:TENURE: Leasehold Original lease: 25 years Remaining lease: 22 years Review every: 5 years Rent: £46,236 We are advised that the annual business rates are currently: £13,780 Brewery: S & N - Globe

Living accomodation:BUSINESS PREMISES The pub has 2 distinct areas and consists of: Area 1 - A comfortable lounge with seating for approx 70 (licensed for 100) and includes - 50” plasma TV Screen - 2 Fruit machines - Golf Machine & Cash dispenser Area 2 - A ‘Sports’ focused, it seating for approximately 40 (licensed for 150). - 42” Plasma Screen - 12ft wide drop down projector screen - 2 pool tables, dartboard - Fruit machine & Juke box - Ladies and Gents W.C off the entrance corridor First Floor Living accommodation with laminate flooring throughout, comprising of: - 2 Double bedrooms - Bathroom - Separate WC - Large office (could be used a double bedroom) - Lounge - Fully fitted kitchen with built in Appliances External - Garden/patio area with seating for approx 60 on benches and tables all around.
Location:Our client is ideally located on the end of an extremely busy shopping parade in the affluent town of Dunstable in Bedfordshire. The business is surrounded in a residential area.

There are 12 allocated car park spaces to the pub itself and a large parking area immediately in front of and along the shopping parade for which there is no charge. In addition, there is on street parking around the pub and again there is no charge.

The town is accessed by either the A6 or the M1 which give excellent road links to the surrounding counties.

Expansion potential:Although already a very well managed business, this is huge scope to increase sales and profit further by expanding the kitchen to offer food or takeaways as there is very little available locally. There is space to include live music, quiz nights & karaoke, and the outside area could be developed to have BBQ’s.
Financing available:Please let us know if you require finance for the purchase of a business.