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West Yorkshire - Recently Refurbished Pub For Sale

Wakefield, West Yorkshire, UK
Asking Price:
£430,000 Furniture / Fixtures included
Turnover:
£250,000
Net Profit:
Undisclosed

Close to Wakefield city centre
Detached public house on a large plot
Open plan trade area
Three bedroom owners accommodation
Beer garden and ample parking
Net sale turnover £250,000 per annum

A rare opportunity to purchase a popular public house just 1.5 miles from Wakefield city centre.

Property Information

Property:

Freehold

Living Accommodation:

Owners Accommodation:
On the first and upper floors is the spacious private owner’s accommodation comprising THREE DOUBLE BEDROOMS, EAT-IN KITCHEN, LIVING ROOM, BATHROOM with separate TOILET and private ROOF TERRACE.

Location:

The New Albion is situated in the suburb of Alverthorpe, close to the city centre of Wakefield which is approximately 10 miles south of Leeds. This picturesque city in West Yorkshire is a popular residential area for those working locally or commuting to Sheffield, York or Leeds.

Alverthorpe is easily accessed via junction 40 of the M1 which provides easy access to the surrounding area.

The New Albion occupies a character, two-storey terraced public house of brick construction under a pitched slate roof with large car park and beer gardens to the front of the property.

Premises Details:

Trade Areas:
Front Entrance, large open plan BAR with plenty of charm and character. Exposed wooden beams, feature fireplaces, mixture of wooden and quarry tile flooring.

Left of the Servery is the large SEATING AREA, having a comfortable and cosy feel and further seating with low level tables. The room is easily accessed from the main bar and offers wood flooring, dark wood cladding and exposed wooden beams.

Right of the bar and raised is a seating area with leather bench seating and dark wood floors. THE OLD SNUG. Reminiscent of an old gentlemen's club with comfy leather sofas, coffee tables, wooden cladding and Yorkshire stone flooring. Fully equipped SERVERY with modern till system and drinks fridges.

All trade areas are of a high standard and in keeping with the period of the property.

LADIES’ AND GENTLEMEN’S TOILETS adjacent to main bar area. CELLAR accessed from the side of the property and fitted with a high quality Dispense system.

There is a CATERING KITCHEN (not currently utilised) with tiled walls and fitted extractor unit.

External:
To the front is a tarmac CAR PARK and large beer garden which is extremely popular in the warmer months and significantly increases the pub's capacity.

Licence:
A premises licence is held. Current opening times:

Monday-Thursday 14:00-23:00
Friday -Saturday 12:00-00:00
Sunday 12:00- 23:00

Services:
Mains water, electricity, gas and drainage.
Local authority: Wakefield Metropolitan District Council, Wakefield, Town Hall, Wood Street, Wakefield WF1 2HQ
Telephone: 0345 8 506 506 

Rateable Value: £7,600 (as at 01 April 2023).

Further accounting information can be provided to interested parties once the property has been viewed.

VAT will apply on the sale of this property. It will be levied on the sale price of the freehold at the standard rate on 90% of the purchase price. Purchasers may wish to satisfy themselves with independent professional advice that this VAT may be reclaimed.

Other Information

Home based:
This business can be run from home