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Traditional Freehold Free Of Tie Public House For Sale

Taunton, Somerset
Asking Price:
£385,000
Turnover:
Available on request
Net Profit:
Available on request

TRADITIONAL FREEHOLD FREE OF TIE PUBLIC HOUSE INCORPORATING SMALL VILLAGE STORE
Planning permission in place for village store
2 bedroom owners' accommodation
High amount of regular & repeat trade
Located in a flood free area
Scope for further development
Ideal partnership opportunity
Early viewing is essential
Genuine reason for sale
FREEHOLD

Business History

Meridian Business Sales are delighted to offer for sale this traditional public house with small general store which has been established for many years and has been in the careful hands of our clients since 2006. Our clients are reluctantly offering the business to the market due to a desire to move abroad. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at £110,000 which is derived from the sale of a selection of good beers, good wines, spirits and an excellent lunch time and evening food menu. The business also offers a small village store which sells a range of general items such as newspapers milk, bread, eggs and butter etc. There is huge scope to increase turnover by expanding the village store side of the business, as planning permission has been granted to integrate a single storey shop front onto the premises, generating ample retail space of approximately 35.9 sq metres to take advantage of. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. The public house runs a number of skittle teams and dart teams which proves popular with new and regular customers. The business trades completely free of any brewery tie which is a rarity and as such the profit margins are above industry standards. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.df

Property information

Property:

Freehold

Location:

This superb 16th Century public house is located in the much sought after village of Fivehead just 7 miles from Taunton, It boasts a Baptist church, C of E church, village Hall, and has buses that run to shops and schools near by. Taunton is the county town of Somerset and home to Somerset cricket club. It contains a wealth of thriving shops, businesses and is currently undergoing a multi million pound regeneration project. Taunton is easily reached via junction 25 of the M5 motorway. The A303, and by rail as Taunton has own main line railway station which has regular services to London, Bristol, Birmingham Exeter

Premises Details:

Detached 16th century character property with exposed traditional stone and beam work throughout, briefly comprising:

GROUND FLOOR
Secure entrance leading to:
Open plan fitted bars
Ample dining tables and chairs

Large wood burning fireplace
Oil centre heating system
Skittle alley/function room
Fully fitted stainless steel commercial kitchen
Disabled facilities
Office/utility room

FIRST FLOOR
Self-contained flat with separate access
1 double bedroom
Single/small double bedroom
Lounge
Bathroom
EXTERNAL
Seating area, smoking shelter and parking for approximately 10 vehicles.

Business Operation

Trading hours:

Detached 16th century character property with exposed traditional stone and beam work throughout, briefly comprising:

GROUND FLOOR
Secure entrance leading to:
Open plan fitted bars
Ample dining tables and chairs

Large wood burning fireplace
Oil centre heating system
Skittle alley/function room
Fully fitted stainless steel commercial kitchen
Disabled facilities
Office/utility room

FIRST FLOOR
Self-contained flat with separate access
1 double bedroom
Single/small double bedroom
Lounge
Bathroom
EXTERNAL
Seating area, smoking shelter and parking for approximately 10 vehicles.

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