Business for sale

Business description

Unique highly profitable easy to run 17th century “black & white” freehouse pub located to the heart of market drayton shropshire
an interesting profitable business offered by way of free of tie lease assignment at £93,500 to include fixtures and fittings , goodwill plus s.a.v.

*excellent sales of £275,099 inc vat on low hours 100% wet driven + machine income – 375 beer barrels – £52,000+ recon net profits.

*period panelled “through bar” & games from central servery (100+)

*a “darling” of a business with bags of unused potential – a community pub in the centre of town

*within medieval frontage street close to thriving open market ,shopping areas, lots of public parking and historic church.

*three bed roomed period owners accommodation.

*20-year lease fully protected & renewable at no further cost fot – this is a freehouse.

Location ( tf9 3by )
The pleasant and historic county of shropshire boarders onto cheshire in the north , wales to the west and the conurbations of the west midlands and potteries to the east making this a most popular destination locale for high volumes of populations as well as being a “well kept secret” exposed and made popular by the “fools & horses” spin off “green green grass of home” staring the lovable character “boycie” as farmer boyce.

Set in the historic heartlands of the county market drayton lies on the a529 just off the a53 &15 minutes from the m6 at j15. the dc has a population of some 57,102 with a mix of rural workforce, modern state of the art employees, food manufacturing, retailing and professional business people (some of the countries richest entrepreneurs reside in the county or its neighbors).

The historic market town of market drayton is alive with a vibrant local populate who benefit from living in this most delightful of english market towns having a thriving open market with a charter going back to henry 111, pedestrianised shopping areas and mentioned in the dooms day book having many famous “son’s” including clive of india.

The centre pulls trade in from the local villages acting as the local entertainment centre for which this business provides an unusual “hub”. the pub lies to the centre of the town just a few strides from the open market on shrewsbury street opposite mount lane leading to church street with its famous church.

Owners accommodation
Located to the 1st floor owners accommodation comprises of 3 good bedrooms, dining room, kitchen, bathroom, utility room all with period features as you would expect within a property of this age and type.

Premises licenses
We are advised that the business’s premises license allows for trading sunday to thursday 10am till 1am then friday & saturday 10am till 2am. currently our client trades monday – thursday 4.30pm till 1am friday 3.30pm till 2am, saturday 11.30am till 2am and sunday 11.30am till 1am.

This suites our clients lifestyle and business aspirations and offers plenty of alternative openings and marketing alternatives should a new owner so require. a personal license will be required and our associates would be delighted to offer assistance in this respect.

Tenure
we are instructed to offer the business for sale by way of lease assignment of a 20 year tied lease from 2007, fully renewable at its end for no further premium and under no less favourable terms with full landlord & tenant act protection from a private investor without any ties this is a freehouse.

Property description
The property dates before1651 and was rebuilt at that date after the famous “fire of drayton” caused by a local gingerbread bakery catching fire and spreading through the timer framed over hanging properties of the town. the property is one of classic ”ye olde england” being of half timber “black and white”.

Construction within a run of similarly dated street properties , a shear delight. looking around externally and internally you will be delighted by an abundance of original period features including original doors and door furnishings, exposed oak beams, panelled walls , stripped timber floors and much much more as you explore the fascinating history of the property.

Today there is a central bar servery with bright beer pumps ( real ale has been featured but no longer dispensed due to the trading style of the business). there is a unique blend of olde english pub vaults and 21st century target marketing providing a town centre home for a “neighbourhood” pub steeped in history which is all part of the usp of the business.

The games area has a pool table and traditional pub games are regularly played within the pub and there are pub teams for darts (4) – dominoes – pool – and a popular sunday football team. tv screens provide sports viewings. ladies & gents are serviceable and to the rear of the trading areas. beer cellar is set deep and fully chilled. a “smoking solution” is provided and will be explained by our vendors at viewings.

Services
we are advised that the pub benefits from mains services for water, electric, sewage and with gas central heating . rates payable are in the region off £5,775p.a. payable.

The business
This is a marvellous unique business drawing from the town and local villages. our clients have run the business for 6 years and have enjoyed a high income from their efforts however are now looking to change their personal lifestyles.

Sales for the 4 years of 05/06/07/08 have averaged at £280,825 pa inc vat 100% wet driven plus an amount for machine income. this has provided a £1,000 per week ie £52,000 pa income for our clients having lived free out of the business. beer barrelage is running at circa 375 pa ( x 288pint/36gals) with a total of 467 composite.

This obviously attracts huge brewers discounts and gives the business an obvious advantage over other tied pubs in the town. new owners could build upon the existing trading style of our clients or introduce new opportunities – the options are practically limitless and waiting to happen or sit back and enjoy the existing high profits available from the limited openings of the business , an enviable position.

Don’t miss this once in a life time opportuity to obtain a highly profitable business at a most reasonable price offering exceptional returns on investment and time – a must for early viewing.

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