3 bedroom pub for sale
WEST GLAMORGAN, NEATH, REF: 6565 FREEHOLD
like this property?Call 01332 903061
- Business for sale
- Prominently located and surrounded by residential housing within the town of Neath.
- Large Open Plan Lounge/Public Bar (circa 80) with wood floors and central bar servery.
- 1st Floor Function Room (circa 40) and Pool Room (circa 12) offering flexible trading.
- Rear Patio/Terrace Area with seating for 40.
- 5 Darts Teams, 2 Pool Teams and a Chess Club.
- Spacious 4 Bedroom Living Accommodation.
- Live Music Friday and Sunday along with Karaoke.
- Advised turnover for y/e 04/10 is £205,000 (inc VAT) on a 100% wet trade basis.
This traditional wet led business is located on Briton Ferry Road, Neath, West Glamorgan.
Neath is a town and community situated in the principal area of Neath Port Talbot, Wales and has a population of 45,898 according to the 2001 census.
The town is located on the river of the same name, 7 miles east northeast of Swansea.
Neath is an historic town being established by the Romans in the AD 70’s. Admiral Lord Nelson stayed in the town while HMS Victory was anchored at Milford Haven during the Battle of Trafalgar.
The town is due to undergo a redevelopment in the near future with a new shopping complex replacing the civic centre and an ‘iconic’ golden rugby ball-shaped museum being proposed.
Neath is served by the South Wales Main Line Railway offering easy access to Swansea, Cardiff, Bristol and London along with the M4 motorway being within 2 miles.
This traditional town centre inn is of brick construction, under a pitched, tiled roof, occupying a prominent corner position within the town of Neath.
The Open Plan Public/Lounge Bar (circa 80) is a traditional community style bar area with large bar servery, tiled/wood flooring, t.v’s and 3 darts throws. This room is home to 4 darts teams and is the venue for live music and karaoke.
The Pool Room (circa 12) is an area ideally suited to a pool area with a pool table and access to the garden and lounge bar. This room accommodates 2 pool teams.
The 1st Floor Function Room (circa 40) is a lucrative area being an ideal size for small parties, funerals and meetings. The room has wood floors and a darts throw. This room is home to 1 darts team and a chess club.
There is a Lower Ground Floor Cellar offering a python system and coolers.
Ladies and Gents W.C.’s.
The owner’s accommodation is situated on the 1st floor and briefly comprises: 3 double bedrooms, single bedroom, lounge, fully fitted kitchen, w.c and bathroom. The living accommodation is presented to a good standard.
To the rear of the property is a very pleasant patio terrace area offering seating for approximately 40 people with a BBQ area.
TRADING & LICENSING
We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:
7 days per week 11am – Midnight
Current opening hours are:
7 days per week Midnight – 11pm
NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the NCPLH Qualification in readiness for their intended operation of the Public House. Guy Simmonds hold this 1 day NCPLH Course every 2 weeks. Please telephone us to reserve your place or book on-line at www.guysimmonds.co.uk
The business and property is being offered for sale freehold (although we have not seen sight of the title deeds).
We are advised that the inn benefits from all mains services and is heated by gas central heating (no services seen or tested). Business rates are advised as currently being circa £3,750 per annum.
The current owners purchased the property and business in 2004 and have built up a strong trading foundation with a very good and reliable local custom.
The property is being offered in good condition with a well established trade although offers scope to introduce food.
This business would be ideal for both newcomers or more experienced licensees.
The business is predominantly wet trade and would benefit from a fresh outlook on the catering.
Advised turnover for y/e 04/10 is circa £205,000 (inc VAT) - 100% wet trade.
Accounting information will be made available to interested parties after viewing.
This business was viewed by Marc Blackford who would be delighted to discuss further details and can be contacted on 07812 753014.
Viewing appointments must be made by contacting Guy Simmonds.
VIEWING: All appointments must be made through Guy Simmonds. Please note that these Sales Particulars are issued on the strict basis that all negotiations, viewings and contacts in connection with this business are conducted through Guy Simmonds who are appointed by the vendor to act under a Sole Selling Rights agreement with total confidentiality. Any breach of these terms may make you liable in law to litigation and damages. Under no circumstances must you approach the owner direct without a formal appointment or disclose to other customers and staff that the Premises are for sale.
TRAINING: For a brochure and dates of our award-winning training courses leading to the relevant B.I.I, qualifications (and APLH). Telephone (01332) 865112 or view on www.guysimmonds.co.uk Courses are monthly.
FINANCE FOR PURCHASING A LICENSED PROPERTY: We are in constant touch with a leading finance broker who specialises in arranging Business Finance for Licensed Properties. Whether you are purchasing a Licensed Property through ourselves, or another agent, we will be pleased to contact on your behalf our specialist who can arrange the necessary Finance Package for you at preferential rates. Please telephone for free and no obligation advice with regards to financing a Business.
Guy Simmonds for themselves and for the vendors or lessors of this property and/or business whose agents they are give notice that:-
(I) These particulars are a general outline for the guidance of intending purchasers (or lessees) and do not constitute an offer or contract, nor any part of an offer or contract.
(II) All descriptions, dimensions (note; 1ft. = 0.348 m), distances, maps/plans, references to condition, trading figures and other items in these particulars are given as a guide and no responsibility is assumed by Guy Simmonds for the accuracy of individual items. Intending purchasers (or lessees) should not rely on them as statements of representations of fact and should satisfy themselves as to the correctness of each item by making independent enquiries.
(III) Intending purchasers (or lessees) should make their own independent enquiries regarding the use of the property, necessary permissions for use and occupations, potential uses and any other matters affecting the property prior to purchase.
(IV) Guy Simmonds do not make or give whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to this property. No responsibility is taken by Guy Simmonds for any error, omission or mis-statement in these particulars. Guy Simmonds do not warrant the accuracy of any accountancy information supplied and purchasers are advised to take independent advice in order to satisfy themselves.
(V) Guy Simmonds are unable to give any warranty as to the working order of any apparatus, equipment, fittings or services associated with the premises and therefore, cannot verify they are in full working order. Purchasers are strongly advised to obtain specialist reports prior to exchange of contracts in order to satisfy themselves.
(VI) All statements and descriptions are made without responsibility or warranty by Guy Simmonds, the vendors or lessees. Neither do Guy Simmonds nor the vendors/lessees hold ourselves responsible for any expenses whatsoever incurred by applicants inspecting Businesses which may be sold or withdrawn, to include travelling, valuation/survey, legal fees etc.
(VII) No person in the employment of Guy Simmonds has any authority to make or give any representation or warranty whatever in relation to this property.
(VIII) It should not be assumed that the contents of any photographs are included in the sale.