8832HP-FREE OF TIE GASTRO FOOD PUB
Business for sale
Asking Price:
£160,000
Turnover:
£300,000
Annual profit:
£1
Audited accounts:
Yes
Management accounts:
Yes
Business description
Advent Business Sales is delighted to havebeen instructed to offer to the market this
quite exceptional free of tie public house
with huge potential.
This Grade Two listed public house which
dates back to Oliver Cromwell times,(circa
1600), has been in the hands of the current
owners for over 6 years and is only now
being reluctantly offered for sale as they
plan to retire.
During their ownership, the vendors have
meticulously refurbished part of the pub and
transformed the extensive gardens to such an
extent that customers travel from far and
wide to admire the outstanding views which
can extend to over 45 miles away on a clear
day.
Stock at cost is approximately £4,000. The
sales are split approximately 35/65 wet/dry.
The restaurant has 60 covers and a further
20 outside on the terrace. On fine days and
evenings, the terraced tables are requested
first as diners here can fully appreciate the
magnificent view.
They have an extensive menu including:
Lunchtime menu – lighter bites
Hot and cold sandwiches as well as starters
and main courses.
Dinner menu – starters, mains, pasta, grills,
fish and vegetarian options.
The business employs 3 full time in the
kitchen, a full time barmaid, a full time
handyman and numerous part time staff
who only work a few hours each.
They achieve annual sales of approximately
£300,000 and an above average gross profit,
which reflects the fact that they are free of
all ties.
This is an absolutely fantastic opportunity
for a husband and wife team, who are able
to maximise the potential which this
wonderful pub offers.
Whoever views it will want to live there
because the view is so uplifting.
REF: 8832 HP
A substantial Grade Tow listed property
briefly comprising of:
Ground Floor
60 cover restaurant
20 cover terrace
100 seating in garden – cant fit 200
bar area
full commercial kitchen
ladies and gents w/c
bed sit currently used by the head
chef
plumbed in caravan used by the bar
waitress
car parking for approx 20 cars
outbuilding used as storage
Private Accommodation
Separate access
3 double bedrooms
kitchen
office
bathroom and w/c
very large lounge
Employee details
Fulltime staff:
4
Parttime staff:
4
