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8890DN SOUTH HUMBERSIDE L\H: £79950 PUBLIC HOUSE
Asking Price:
GBP 79950
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Business Location:
United Kingdom » York » SOUTH HUMBERSIDE
Category:
Leisure
»
Bars & Nightclubs
Description:
Advent Business Sales pleased to offer to the
market, this extremely well established pub
which as been trading as such since 2003.
The current owner has been in constant
ownership from its inception.
The owner is reluctantly selling due to poor
health reasons within the family.
Our client originally bought the building as
an old ‘Liberal club’ but soon had the
building fitted and redesigned internally as
it is today, with light stained wood, beige
and terracotta walls, subtle spot lighting
and contrasting yet pleasantly matching
carpets throughout.
This high standard of décor and equipment
also extends to such public areas as the
toilets as well as the commercial kitchen.
The building comprises of an L shaped bar to
a large main bar area fronted by a games
room with a pool table and dart board and
toilets.
To the right is a second bar area with table
seating, a doorway at the rear leads onto a
function suit with its own separate bar and
entrance lobby with store room, ladies &
gents W/C, changing room for attending
artists and a cloakroom.
Central to all these rooms is a commercial
kitchen and ground floor cellar.
The function room is licenced for 150 people
but can be extended into the adjacent second
bar area to cope with extra capacity.
Within this room is a stage area with
sound/Disco equipment.
At present, this room is mainly used for
weddings, funerals major family celebrations
etc, although at the moment the food only
accounts for 30% of the turnover, the menu
has been carefully researched and offers good
quality bistro cooking at very reasonable
prices, alternating from lighter fare at
lunchtime and more substantial offerings for
the evening.
On Sundays, a traditional English roast is
on offer and a very good mobile servery and
hot meat counter is located at one end of the
second bar room.
The pub also holds events in the lounge on a
Saturday evening and has 2 websites.
The business is staffed by the husband and
wife with 1 full time chef and 3 part timers.
Stock is in the region of £3,500.
REF: 8890DN
TRADING HOURS
Sun-Thurs: 11.00am – 11.00pm
Fri-Sat 11.00pm – 12 pm
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £219,341
Plus income from function room
Gross Profit: 70%
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
A single storey building with a car park to
the left.. The entrance to the function room
is across the back of the car park.
The entrance to the pub is half way down
the building on the car park side, this leads
into the main bar with games room as the
front end, toilets off, continuing through
from the entrance is the doorway to the 2nd
bar which has access to the W.C’s and the
rear function room.
The centrally positioned kitchen has direct
access to both function room and main bar.
It is fully equipped and includes:
• 6 pot Bain Marie
• Stainless steel hot cupboard
• Overhself servery with fridge under
• 8 burner double oven cooker
• 2 pan deep fat fryer
• Grill
• Prep area with an additional fridge
• Sink, drainer & hand basin
External
• Large Car park
• Large Chiller approx 5ft x 10ft.
TENURETENURE: Leasehold
Original lease: 25years
Remaining lease: 24
Review every: 3
Rent: £33,644
We are advised that the annual business
rates are currently: £6,900
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.
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Financial Information:
Annual gross sales: (GBP)
219341
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:
Business Area:
Year Established:
2003.
Is Relocatable?:
No
Business closed or an asset sale
:
No
Is Home based business?:
No
Real estate status
:
No
Number of Employees
:
01 full time chef and 03 part timers.
No of trading hours:
Sun-Thurs: 11.00am – 11.00pm Fri-Sat 11.00pm – 12 pm
Reasons for selling:
The owner is reluctantly selling due to poor health reasons within the family.
Contact Seller Now
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