Substantial community pub
Traditional wet sales only
Open-plan lounge bar
Large trade garden and covered outside seating area
Three-bedroom flat
Current net sales are circa £210,000 per year Kidderminster is situated within the Wyre Forest District of Worcestershire, 17 miles southwest of Birmingham and 15 miles north of Worcester. It sits astride the Staffordshire and Worcestershire canal. It has good communication links; being the meeting point of the A456, A451 and A442, along with the A449, which all provide excellent transport links throughout the region into the Birmingham conurbation, Worcestershire, and Shropshire, makes it an ideal commuter town. It also has a main-line national rail station operated by West Midlands trains that has direct links to Birmingham and Worcester and is on the Severn Valley Railway Heritage rail line, which links to Bridgnorth.
The Golden Lion is a traditional community pub offering wet sales only. The property is detached and appears to be constructed of brick with color-washed elevations under a pitched tiled roof. It provides extensive trading areas with large flats and good trade garden. It has been operated by the current owners since 2015 and they have decided to sell their interest as they feel its time to let new operators take the helm.
TRADE AREAS
Front entrance leading into large open plan ‘U’ shaped TRADING AREA predominantly split into two sections, viz; RIGHT HAND SECTION having carpeted floor and feature fireplace. mixture of fixed-wall leatherette-upholstered bench seating with pub-style low stools and tables for approximately 28. Curved panelled fronted wood-topped bar servery with wooden back bar fitting. LEFT-HAND SIDE SECTION is carpeted and stripped wood floor. Collective mix of benches, tables, and chairs for approximately 40. Darts ochre. LADIES AND Gentiles,.
BASEMENT
Large, two-section KEG CELLAR. BOTTLE STORE.
OWNERS ACCOMMODATION
FIRST FLOOR
KITCHEN with fitted units. LOUNGE. Landing OFFICE. Two double sized BEDROOMS and FAMILY BATHROOM.
SECOND FLOOR
Large double BEDROOM. Large single BEDROOM. Large ATTIC space.
EXTERNAL
To the rear is a fence-enclosed trading area with seating for approximately 50. Access to a covered seating area with heaters and seating for a further 20. SMOKING SOLUTION.
The business trades as a traditional wet-led pub serving the local community and supports a darts team. It opens seven days a week between 11:00 and 23:00 and enjoys a successful trade. The accounts for the financial year ended March 31, 2022, are expected to show sales exclusive of VAT of £210,000.
FREEHOLD £320,000 to include fixtures, fittings, and goodwill. Stock at valuation in addition.
VAT will apply on the sale of this property. It will be levied on the sale price of the freehold at the standard rate of 90% of the purchase price. Purchasers may wish to satisfy themselves with independent, professional advice that this VAT may be reclaimed.
No direct approach is to be made to the business; please direct all communications through Sidney Phillips.
Viewing is strictly by appointment only.
A full premises licence is held.
All the main services are connected.
Local Authority: Wyre Forest District Council, Wyre Forest House, Finepoint Way, Kidderminster, Worcestershire, DY11 7WF
Rateable Value: £12,900
