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Well Established Public House And Hotel For Sale

Swansea, West Glamorgan, UK
Asking Price:
£649,995
Turnover:
£356,000
Net Profit:
Available on request

Business
Please quote reference B06407

Hilton Smythe welcomes to the market this very well-established public house and hotel run as a Free house.

The Pink Geranium Village Hotel is a very busy local pub in the centre of Pontardawe, that has been under the ownership of our client since 2010 and has only now been introduced to the market as our clients look to relocate.

We believe from the owners that the business turns over around £10,000 per week for wet sales only, however they do have the facility to offer B&B facilities as well that will help increase the turnover for the business as there are 5 letting bedrooms, 4 with en-suite which are a fantastic asset for the purchaser and could proof very lucrative.

All main fixtures and fittings are to be included with various equipment available by separate negotiation.

The site represents a good investment opportunity which also has potential for re-development or change of use with the benefit of generating a rental income from a new owner, ensuring an immediate return on initial investment.

We feel there is scope to further increase the turnover for the business, by undertaking a robust marketing campaign via local press, radio, social media platforms along with the introduction of a dedicated website to promote the business further.

Very rarely do such popular, well established businesses come to the open market, therefore early viewings highly recommended.

Location
The Pink Geranium Village Hotel and Pub is situated in the centre of Pontardawe, a busy town with some 5,000 inhabitants in the Swansea Valley in South Wales.

The community of Pontardawe, comprising the electoral wards of Pontardawe and Trebanos, is served by an elected Town Council and forms part of the county borough of Neath Port Talbot.

Pontardawe is around 9 miles from the large city of Swansea which offers more extensive facilities and only around 5 miles from the M4 motorway for easy travel West and East, together with the A465 heading west via Neath.

Premises
A substantial but easily managed pub and hotel covering more than 360 sqm, offering 3 large bar areas with 2 separate bars, cellar, male and female toilets, staff toilet, kitchen/dining area and 2 utility rooms.

On the first floor are 5 bedrooms, 4 with en-suite and separate family bathroom, large owners living room and small office.

On the second floor there is further owner’s accommodation to include a substantial master bedroom with en-suite, dressing room/bedroom and bathroom.

Tables and chairs included in the bar areas for around 150 covers and other fixtures and fittings included.

To the rear there is a substantial covered smoking area/outside seating area with decking
seating and BBQ area which we believe from the owners could hold up to 250 people.

CCTV and alarm system with cameras.

Tenure
We are advised that the business is being sold on a Freehold basis.

Hours
The business hours are -

Monday - 10:00 – 01:00
Tuesday - 10:00 - 01:00
Wednesday - 10:00 - 01:00
Thursday - 10:00 – 01:00
Friday - 10:00 - 01:00
Saturday - 10:00 – 01:00
Sunday - 10:00 – 01:00

Staff
We are advised that the business has 4 full-time members of staff.

Financial Profile
We are advised as per the 2017 accounts, the business generated a turnover in the region of £356,000, with an adjusted net profit in the region of £62,000. Full financials can be made available upon further request.

Please quote reference B06407

Property Information

Property:

Freehold

Contact Hilton Smythe

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