Leasehold Public House & Restaurant located in Warwick. Three-bedroom accommodations above. Free of tie with huge potential for food sales. Beer garden and car park to the rear.
Veritas Business Sales is delighted to offer for sale this established public house, which is located in the highly desirable and affluent town of Warwick. The property has been a watering hole since 1833, has been in the hands of the current owners for the past 6 years, and is now being offered for sale due to personal reasons.
Since ownership, the property has been kept in good order and comes with plenty of catering equipment along with fixtures and fittings, which are all bought and paid for and included within the sale price, which is a huge plus for a new owner as additional funds will not need to be spent for some time.
The Nelson Pub is owner-operated and employs the help of three part-time staff members. The annual turnover is circa £140,000, inclusive of VAT, with a split of wet sales at 90% and dry sales at 5%. We are advised that the inn is free of charge; however, you must stock two draft Heineken products, so the vendor serves Amstel and Strongbow.
We believe that the business would flourish with an experienced food-based operator to take it to the next level. This is a superb opportunity to purchase an established business with further potential that offers a three-bedroom family home above, which is a great base to build upon, and as such, early viewing is highly recommended.
