Bar / Nightclub for sale

Tenure: Freehold

EXCELLENT FREEHOLD PUBLIC HOUSE - GLOUCESTERSHIRE
Turnover £78,000pa with huge growth potential
Very well presented and well equipped
Ideal lifestyle change opportunity
Beautiful village location Lydney
Freehold and free of brewery tie
Scope for futher development
Early viewing essential
FREEHOLD


Location

This very well presented freehold public house is situated in a beautiful village location near Lydney, Gloucestershire. Located on the West bank of the River Severn, near the Forest of Dean, this lovely village is a prime location and the property sits amongst a fine selection of residential properties that all benefit from the neighbouring open countryside. The area has a very friendly and welcoming local community who all enjoy an excellent quality of life. There are many residents who live within walking distance of the business which provide a consistent trade throughout the year. The location also benefits from being situated close to the M4 and M5 Motorways which are accessed via the A48 making visiting and commuting very easy.


Business History

Meridian Business Sales are delighted to offer for sale this beautiful public house which has a proud history dating back to 1820's. Since 1989 the business has been owned and run by our client who after nearly 20 years, has decided to retire. The business which is run and managed by our client, achieves an annual turnover of £78,000 derived from selling a wide variety of beers, wines and spirits and there is huge scope to increase turnover as our client runs the business at a pace which suits his lifestyle. The public house enjoys being completely free of any brewery tie meaning that products and beverages can be sourced from the most competitive wholesalers. The business has always enjoyed excellent levels of repeat trade with many of the regulars visiting for many years and new customers appear from good word of mouth recommendations and from the highly visible location. This is an ideal lifestyle change opportunity which we advise early viewing.


Financial Profile

Turnover: £78,000 pa
Gross profit: 48%
Stock: £3,000 (approximately)


Tenure

We are advised freehold


Opening Hours

Monday - 12.00pm - 3.00pm - 6.00pm - 12.00am
Tuesday - 12.00pm - 3.00pm - 6.00pm - 12.00am
Wednesday - 12.00pm - 3.00pm - 6.00pm - 12.00am
Thursday - 12.00pm - 3.00pm - 6.00pm - 12.00am
Friday - 12.00pm - 3.00pm - 6.00pm - 12.00am
Saturday - 12.00pm - 5.30pm - 7.00pm - 12.00am
Sunday - All day


Accommodation

Very well presented two story property featuring open plan bar/ lounge, pool room, second floor 2 bedroom private living accommodation, sizable parking and large garden, briefly comprising:

GROUND FLOOR

Well presented throughout
Bar / lounge open plan area with fitted bar 9 pumps
Rear spirit displays
Seating, tables and chairs
Feature fireplace
Darts area
Pool room with pool table
Ladies and gents toilets
Access to cellar

FIRST FLOOR

Private living accommodation
2 x bedrooms, 1 double & 1 single
Living room
Family bathroom with toilet bath and wash basin
Kitchen with fitted cupboards and work counters

EXTERNAL

2 x outbuildings with excellent secure storage facilities
Large rear car parking for 10-12 vehicles
Sizable rear back garden area with children's activity structure
Front parking facility for 3-4 vehicles