• Well established public house in Dorset coastal town
• Average takings £5,000 per week from wet sales only business
• Cosy bar and function room
• Sun-trap patio garden
• Easy to run business could be run by couple without staff
• Large first and second floor accommodation with six bedrooms
• Free-of-tie for wines, spirits and minerals
- Asking Price:
- £20,000
- Turnover:
- Undisclosed
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
The Corner House is subject to a 10-year lease with Red Oak Taverns.
The lease expires in 2027 although it is fully renewable under the terms of the Landlord & Tenant Act 1954.
Current annual rent is circa £36,032.
- Location:
-
The Corner House is situated in a busy trading position fronting the main thoroughfare through the town of Portland. This coastal town is most famous for its naval connections and, along with its neighbouring town Weymouth, was home to the 2012 Olympic sailing competitions. The town has a large resident population who provide a loyal and regular following to this business.
