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Free Of Tie Pub/restaurant In Leamington Spa For Sale

Leamington Spa, Warwickshire, UK
Asking Price:
£149,950 Furniture / Fixtures and Inventory / Stock included
Turnover:
£500K - £1M
Net Profit:
Available on request

Prime location Leamington Spa pub and restaurant for sale.

**Free of tie**

The premises includes:

120 covers inside the dining
100 covers outside dining
120-capacity, fully licensed event marquee.
Two commercial kitchens
Children's play area
70 car parking spaces
5-bed HMO flat/living accommodation

Property Information

Property:

Leasehold

Leasehold Type:
New
Lease Terms:

New ten-year lease to be granted

Leasehold Rent:

£57,000 per annum

Living Accommodation:

5-bed HMO flat located on the top of the restaurant, with separate access.

Location:

Prime location in Leamington Spa.

Premises Details:

Large detached public house

Planning Consent:

Planning and licensing consent approved for the event marquee.
5-bed HMO flat.

Business Operation

Expansion Potential:

Potential to extend opening hours and continue building catering and events business.

Reasons for selling:

Other business endeavors

Trading hours:

Monday to Friday: 3pm - 10.30pm
Saturday to Sunday: 12pm - 10.30pm

Employees:
10
Years established:
5

Other Information

Furniture / Fixtures value:
£150,000 - included in the asking price
Inventory / Stock value:
£10,000 - included in the asking price