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Freehold Pub On Large Plot In West Midlands For Sale

West Midlands, UK
Asking Price:
£350,000
Turnover:
Available on request
Net Profit:
Available on request

The Business Partnership are pleased to be marketing for sale this long established lock-up "Community Pub" positioned on a large plot in a much sought after residential location in the West Midlands.

This is a classic pub, located in a sought after residential area in the West Midlands, close to popular leisure facilities. Prior to Covid the takings were in excess of £240k annually generating excellent returns for the owners. The business has always been very profitable and there is no reason why this should not continue to be the case once we return to normality post the lockdowns.

The freehold premises are owned by the vendors and have recently undergone a complete and professional refurbishment. The premises sit on a large plot with outside seating area and an extensive car park. There is excellent scope for extension and/or further development subject to planning consent. There has previously been Planning Permission for second storey residential to be added which has since expired, may be re-sought!!

The business is predominantly wet trade, with no brewery ties. There is a small catering element that has genuine scope for expansion if required. The pub offers full sports coverage and is a fabulous darts venue which hosts many competitions and runs its own team.

The business has been established for many years and in the family for the last 17 years. The current owners are reluctantly offering the business for sale due to their impending retirement plans.

Key features:
- Fabulous Freehold Public House on Large Grounds
- Long Established and Popular "Community Pub"
- Strong & Loyal Client Base
- Huge Potential in the Right Hands
- Recently Refurbished to Very High Standard
- Lock-Up (No Residential) Business with Huge Development Potential
- Close to Popular Leisure Areas
- Retirement Sale!!

Property Information

Property:

Freehold

Contact Business Partnership

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