Situated in an excellent trading position, the property enjoys high visibility and benefits from significant passing trade.
The surrounding area is densely populated with residential buildings offering high levels of potential customers.
The premises find themselves in the company of various other business types including a card shop, fish & chip takeaway, and a Co-op, amongst others.
Our clients previously explored the development and we are informed that they were very close to obtaining planning for 9 flats with a micropub, however, they feel that there is potential to get planning for 11 flats on the site consisting of 3 x 1-bedroom flats and 6 x 2-bedroom flats.
An attractively designed pub boasting a spacious garden area and first-floor accommodation was acquired by our clients in 2019.
Since then, they have made substantial investments undertaking a refurbishment of both the ground floor pub and newly fitting out the first floor accommodation into two self-contained 1-bed flats.
Under their ownership, the business has garnered an outstanding reputation, reflected in impressive ratings of 4.5 stars on TripAdvisor, 4.5 stars on Google, and an impressive 4.8 stars on Facebook, in addition to having a huge social media following on both Facebook and Instagram.
The establishment offers a diverse menu featuring pizzas, burgers, fries, and chicken, contributing to its broad appeal and they have gained significant recognition for their Sunday roasts in the area.
The premises consist of a large ground floor pub/restaurant, with a large garden area to the rear which consists of a paved seating area, raised decked seating area, external bar, grass seating area, children's play area, and a large car park with 18 marked-out spaces.
The most recent 4 quarters' VAT returns confirm a net turnover of £302,971.
Full financial information can be made available to seriously interested applicants following a viewing of the business.
Viewing recommended!
