Freehold SW Leicestershire Pub Wine Bar & Nightclub For Sale

Business description

Advent Business Sales are pleased to offer to the market this well established public house, which has been trading successfully for the past 9 years.

The current vendor has completely re-built both inside and roof of this building to create this homely but modern in concept public house.

The owner is reluctantly selling due to numerous other businesses that are now taking up increasing time/

The pub is 100% wet sales with a very healthy gross profit line. The customer base is mainly local but does other many other activities and so draws custom from people outside the area.

There are 2 darts teams, 2 pool teams, 2 football teams and on alternate Saturday afternoons is super league darts.

On Friday and Saturday’s the upper room is opened as a night club – this room is also available as a function room.

The pub has a full Sky tv package with numerous screens around the premises. It is fully alarmed with CCTV. Décor and layout is stunning with many modern features. Both lower bar and upper ‘night club’ have the convenience of air conditioning.

There is a rear ¾ covered patio area, which can be used for smokers. Likewise, the front of the building, with its overhanging cover is also provided with seating.

The pub also has a small commercial kitchen, which tends to be used to provide suppers for the visiting/home teams on competition nights.

During the re-building a very snug, but well appointed, one bedroom self contained flat was made in the roof space, which is at present occupied by the pub’s full time manager.

We are advised that stock at cost is approximately £8,000.

The business is available as leasehold at £199,950 with the option to buy the freehold after 5 years.
REF: 9239LE

Property information

Property:

Freehold

Location:

Our client’s public house is conveniently located in a thriving large village in South West Leicestershire. Its positioning is a highly visible corner site, on a small roundabout in the village centre. It is surrounded by other retail establishments, including the local ‘bookies’ which is opposite. Car parking in the area is easy.

The village is on a main bus route and has been for many years a local pubbing and clubbing venue, drawing people in from more than the immediate local area.

Premises details:

The property is a corner site consisting of 3 floors including the loft space and briefly consisting of:

Ground Floor
• Main entrance on corner and leads onto a large open bar space with comfortable seating down left handside
• Pool table area with doorway to right
• Dart board area
• Well equipped bar with 2 tills, wine cooler and bottle fridge
• Kitchen consisting of glass washer, large stainless steel sink, ice maker, warming cupboard, cooker, griddle, 2 pan fryer, fridge, 2 freezers, 2 microwaves
• Doorway to cellar, which is refrigerated has a delivery door from the road at the right of the building
• Lobby to w/c’s
• Doorway to patio are
• Stairway to first floor
First Floor
• Laid out and decorated as a nightclub with colour lighting and spot lights
• DJ area
• 2 sided bar with 2 tills, ice machine, large wine cooler and bottle chillers, glass wash machine
• Stairway down to pool table area
• Stairway to second floor flat, which has a security door on first floor. The flat consists of double bedroom, office/computer room, good sized open plan lounge, kitchen, bathroom with shower and w/c
• Stairway down to kitchen and rear patio
External
• Seating for 20/25 people
• Paved area down to roadway

This is a fantastic business opportunity, genuine sale. Very well attended pub, built to requirements, very well thought out, with top quality décor and finish.

TENURE: Freehold or Leasehold – a new 10 year lease will be given
Review every: 5 years / break clause
Rent: £13000 P.A.
There will also be the option to purchase the freehold after 5 years

We are advised that the annual business rates are currently: £5,800

Other information

Trading hours:

Mon-Wed; 12 – 11pm
Thurs: 12 – 1am
Fri-Sat: 12 – 2am
Sun: 12 – 11pm

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