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8832HP L/H FREE OF TIE GASTRO FOOD PUB £115,000+SAV

Asking Price: GBP 115000
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Business Location: United Kingdom » Buckinghamshire » BUCKINGHAMSHIRE 
Category: Leisure » Bars & Nightclubs
Description:
Advent Business Sales is delighted to have been 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 HPBUSINESS PREMISES
A substantial Grade Two listed property briefly comprising of:

Ground Floor
• 60 cover restaurant
• 20 cover terrace
• 100 seating in garden – can 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
• large lounge
 
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Financial Information:  
Annual gross sales: (GBP) 170000
Yearly Revenue: (GBP)
Total yearly sales revenue		 300000
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area: Our client is ideally located in a very affluent and desirable village situated near Aylesbury, Buckinghamshire.
Year Established: 2006
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 5
Market competition and expansion:
 Whilst already a profitable business, there is ample room to increase sales and profits further by: 1. Opening on Sunday evenings and on Mondays 2. Providing more garden benches 3. Advertising – none is done at present 4. 5,000 new homes are planned to be built at Aylesbury with no planned public house,
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