Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Thriving Pub In Halifax, West Yorkshire For Lease

Halifax, West Yorkshire
Asking Price:
£30,000
Turnover:
£309,688
Net Profit:
Available on request

Business
Hilton Smythe is delighted to welcome to the market this well established and popular public house with letting rooms in Halifax, West Yorkshire. The business was established in 1657, making it the oldest public house in Halifax. The business has been in our clients` careful ownership since 2003 and is only now being offered to the market due to our clients` wish for a well-deserved retirement. The business is open 7 days per week and generates a turnover in the region of £310,000 per annum, with a gross profit of approximately 51%.

Our clients` offer a large array of alcoholic beverages, guest beers, lunches, evening meals, Sunday lunches and bed & breakfast accommodation. All the meals are freshly prepared from high quality and locally sourced produce, wherever possible. The public house appeals to both younger and older clientele and boasts a children`s play ground away from the business.

The bed and breakfast side of the business offers three en-suite letting rooms, all of which have been recently refurbished to a very high standard. We are advised that the current owners let out around 7-10 rooms a week, with a cost of £45 per room.

The property further benefits from a one bedroom flat to the first floor, which is currently being used by the housekeeper, but could be utilised as owners` accommodation should a new owner choose.

The public house has an excellent reputation and benefits from a very loyal customer base, a vast amount of repeat trade and word of mouth referrals. We feel there is scope to increase the turnover by extending the opening hours, especially on Saturday and Sunday. The business already has an excellent and very informative website in place to advertise the business and the services offered.

This is an excellent opportunity for a new owner, perhaps a husband and wife team, to take this thriving and popular business to the next level; therefore early viewing must come highly recommended.

Location
The Shears Inn occupies substantial two storey premises in a lovely, tranquil and very unique trading location in Halifax, West Yorkshire. The business is situated in a lovely valley next to Hebble Brook and former industrial mills, as well as being next to the ancient and cobbled York to London highway. Halifax is a minster town within the borough of Calderdale, West Yorkshire and has an urban area population of 82,056 in the 2001 cencus. Halifax is well known as being the centre of England`s woollen manufacture from the 15th century onwards. Halifax town centre is ½ mile away and possesses a wealth of shops, businesses, amenities and attractions.

The business benefits from the public transport system with bus stops within easy walking distance of the property. The nearest railway station is approximately 1 mile away. The area is also well served by the A-road system with the A629 within close proximity to the business, which links to the vast A-road and motorway networks. Huddersfield is approximately 7½ miles away; Wakefield is 26 miles away and Leeds 21 miles away.

Premises
The Shears Inn occupies substantial two storey premises in a lovely, tranquil and very unique trading location in Halifax, West Yorkshire. The business is situated in a lovely valley next to Hebble Brook and former industrial mills, as well as being next to the ancient and cobbled York to London highway. Halifax is a minster town within the borough of Calderdale, West Yorkshire and has an urban area population of 82,056 in the 2001 cencus. Halifax is well known as being the centre of England`s woollen manufacture from the 15th century onwards. Halifax town centre is ½ mile away and possesses a wealth of shops, businesses, amenities and attractions.

The business benefits from the public transport system with bus stops within easy walking distance of the property. The nearest railway station is approximately 1 mile away. The area is also well served by the A-road system with the A629 within close proximity to the business, which links to the vast A-road and motorway networks. Huddersfield is approximately 7½ miles away; Wakefield is 26 miles away and Leeds 21 miles away.

Tenure
We are advised Leasehold:
New lease to be negotiated.
Rent £32,000 per annum.

Freehold option available.

Hours
The business is open:
Monday – Sunday: 11.30am – 12.00am

Food served:
Monday – Friday: 12.00pm to 2.00pm and 5.30pm – 8.00pm
Saturday: 12.00pm – 2.00pm and 5.30pm – 9.00pm
Sunday: 12.00pm – 4.00pm

Staff
Our clients` employ 2 Cooks, a Bar/Cellar Man, Housekeeper and 6 part time Kitchen and Bar Staff.

Financial Profile
The business generates a turnover in the region of £310,000 per annum, with a gross profit of approximately 51%.
The current owners generate around £45 per room. They roughly let out around 7-10 rooms a week.

Property information

Property:

Leasehold

Contact Broker

Contact Information

  1. Optional
  2. Country

  1. Optional

By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here