Leasehold Public House & Restaurant located in Warwick. Three bedroom accommodation above. Free of tie with huge potential for food sales. Beer garden and car park to the rear.
Veritas Business Sales are 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 and 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 spent for some time. The Nelson Pub is owner operated and employs the help of 3 part time members of staff and the annual turnover is circa £140,000 inclusive of VAT with a split of wet sales 90% and dry 5%. We are advised that the inn is free of tie, however you must stock 2 draught Heineken products so the vendor serves Amstel & Strongbow.
We believe that the business would flourish from an experienced food based operator to take this 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.