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Freehold Somerset Freehouse For Sale

Shepton Mallet, Somerset
Asking Price:
£325,000 Furniture / Fixtures included
Turnover:
£75,000
Net Profit:
Available on request

• Popular Freehouse
• located in sought after Somerset town
• Well-presented throughout
• 2 letting rooms
• Healthy turnover and profits with scope to improve
• Excellent local reputation
• 2 bedroom owners living accommodation
• Desirable town centre trading position
• Good mix of complementary businesses nearby

Falcon Commercial is delighted to offer for sale this well-presented Public House which occupies a prime trading position on one of the main shopping streets in this popular Somerset town. It has been under the proud ownership of our clients since 2004. It is now reluctantly being placed on the market as the owner wishes to retire.
During our client’s stewardship the business has built up an excellent reputation for its welcoming atmosphere, good food and great service.

This extremely well presented turnkey Public House enjoys a central town centre trading position on a busy shopping thoroughfare with good pedestrian flow. Customers are attracted to the area by the range of independently owned businesses on offer. This thriving business is mainly operated as a wet led Public House with a simple food offering which is cooked to order. It is considered the premises are suitable for all types of cuisine
The business is run by our client with help from casual staff and generates a turnover in the region of £75,000 per year with healthy gross profit margins. There is tremendous potential to increase the turnover by possibly running a modest marketing campaign or by extending the opening hours to include mornings offering breakfasts etc.

This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended

Property information

Property:

Freehold

Location:

The historic market town of Shepton Mallet is located in the Mendip district of Somerset, five miles east of Wells, England's smallest city. Both the City of Bristol and the picturesque City of Bath, a World Heritage Site, are located just 18 miles away and easily accessible. Shepton Mallet itself offers a range of local amenities and shopping facilities including a large supermarket, leisure centre, lido with fitness centre, a choice of pubs and restaurants, dentists and doctors, a Grade I Listed church and both primary and secondary state schools. There are also many highly-regarded independent schools (Prep & Senior) within easy reach, such as All Hallows Prep School, Downside School, Wells Cathedral School and Millfield School. For those travelling by train, Castle Cary station (which has direct services to London Paddington) is situated only six miles away.

Premises Details:

Substantial and well maintained freehold building, benefiting from being in a highly visible position on the main shopping streets in Shepton Mallet. It is surrounded by an excellent mix of complimentary independent owned and multiple businesses.

The premises have been well maintained and are fitted and presented to high trade specifications throughout. These charming premises provide outstanding and highly functional internal business accommodation.
The premises briefly comprise:

Ground Floor
• Bar area with wooden faced servery. 15 covers
• Lounge area with approximately 25 covers
• Office
• Wash up area
• Kitchen
• Dry Store
• Celler
• Ladies Toilets
• Gents Toilets

First Floor
• Letting room one (double en-suite)
• Double bedroom
• Double bedroom
• Bathroom

Second Floor
• Letting room two (double en-suite)

External
• Tables and chairs for approximately 8 people

Business Operation

Trading hours:

• 6.00pm – 11.00pm Monday
• Mid-day – 11.00pm Tuesday to Thursday
• Mid-day – Midnight Friday and Saturday
• Mid-day – 11.00pm Sunday

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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