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Pub With Private Landlord In Wiltshire For Lease

Bradford-on-Avon, Wiltshire
Asking Price:
£75,000 Furniture / Fixtures included
Turnover:
£270,000
Net Profit:
Under £50K

Centre of Bradford-on-Avon in Wiltshire, Free of All Ties, Private Landlord, 4 Well Appointed Letting Rooms, Staff / Owner Flat, Function Room, Fully Furnished, Commercial Kitchen, Patio Garden, 1am License, 17 Year Lease, Reasonable Rent and Rates,

Price includes: £15,000 landlords deposit, all furniture and catering equipment, crockery, bed linen etc, everything you see except stock on day of handover, average GP £150,000 pa.Currently open week-ends and evenings, unused 1am music and drinks license,

Further information available upon request, please contact seller below for more details.

Property information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

20 year lease from March 2013, remainder being sold

Leasehold Rent:

£32,000 per annum

Living Accommodation:

Top floor two room flat with shower/toilet, kitchenette,

Location:

The pub is situated in one of Wiltshire's most affluent, vibrant and picturesque towns and just a 10 minute train ride from the city of Bath, the town is steadily growing in population with a high-end housing development being completed just a short walk from the pub,

Premises Details:

the four guest rooms are on the first floor, all other trading areas on the ground floor, pub caters for all age groups

Business Operation

Expansion Potential:

Many opportunities exist at the Pub for a new lessee as the pub is currently run as a lifestyle business on limited opening hours, therefor opening during the day and taking advantage of the 1am drinks and music license can only be a good thing, one of the four letting rooms is used by the owner but could easily be used for guests, current room rates are lowest in the area and could certainly be increased, (room occupancy is approx 85%)

Competition / Market:

a couple of food pubs nearby, also restaurants and hotels,

Reasons for selling:

Semi-retirement

Trading hours:

Currently open week-ends and evening only

Other Information

Support & training:

training can be given

Website:
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