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Established Wet Only Public House In Motherwell For Sale

Motherwell, North Lanarkshire, UK
Freehold Price:
£150,000 Furniture / Fixtures included
Leasehold:
£20,000 Furniture / Fixtures included
Turnover:
£100K - £200K
Net Profit:
Under £50K

The Woodcutter is a long-established pub in the centre of town, the current owner has been in place since 2019 and now looking to either sell or lease the business as a going concern.

Freehold (Heritable Interest, going concern): Asking Price £150,000
Leasehold: Premium offers invited for the business, new FRI lease asking £13,000-£15,000 annual rent.

- Previous owner ran the business for over 50 years
- Wet Only
- Beer Garden to the rear
- Well suited to a multiple operator or hands on owner
- Owner may be willing to lease to an experienced operator
- May be suitable for alternative use STPP

Please do not approach the business directly, viewings strictly by appointment only.

Property Information

Property:

Available as freehold and leasehold

Leasehold Type:
New
Lease Terms:

Brand New FRI lease, terms and length to be discussed/negotiated.

Leasehold Rent:

£14,000 per annum

Location:

127 Merry Street, Motherwell, ML1 1JP

Premises Details:

Semi Detached single storey premises.
Upon entry the premises has a large bar to the right and various table & chair seating to the left. A small stage is in the centre, crucial for the weekly karaoke nights at the weekend. Beyond this space is an area home to the pool table and a door leading out to the beer garden to the rear.

Size in square feet:
1,200

Business Operation

Competition / Market:

Motherwell has multiple public houses, a mixture of brewer-owned, owner-occupied, and rented.

Reasons for selling:

Career change for the owner, currently has another job

Trading hours:

7 days, 11am until 11pm and 1am on weekends

Employees:
6
Years established:
56

Other Information

Support & training:

Owner happy to handover to new buyer if continuing to trade as a pub

Financing available:

We can put you in touch with out network of finance brokers if you require funding for this purchase

Related Documents:
Leasehold asking price:
£20,000 - Furniture / Fixtures included