3 bedroom pub for sale
£49,000
Rock Hill, Glasshoughton, Castleford, WF10
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Call 0845 222 0508Nearest stations:
Glasshoughton
(0.6 miles)
Castleford
(1.0 miles)
Pontefract Tanshelf
(1.7 miles)
Commercial information:
- Business for sale
Full description:
Tenure: Leasehold, 3 years remaining
PUBLIC HOUSE WITH FUCTION ROOMS - WEST YORKSHIREWell maintained and presented throughout
Separate owners' living accommodation
Advised turnover of over £7,000 a week
Massive scope to increase revenue
Ideal husband and wife opportunity
Lease currently expires in 2014
Early viewing highly advised
Superb rural location
LEASEHOLD
Location
This superb leasehold public house is situated in a beautiful rural area, close to Castleford in West Yorkshire. The property is highly visible from the main road of Rock Hill and easily accessible from the M62/M1 motorways.
Business History
Meridian Business Sales are delighted to offer for sale this beautiful public house which was established in the 1900's and has been in the capable hands our clients since 2004. Due to divorce, this property is reluctantly being offered to the market. We are currently advised that the business is turning over in excess of £7,000, and that is without the business operating at maximum potential, as they are not utilising the food option they have. The potential for the Rock Inn has to be seen to be believed, the current leaseholders have taken their foot off the gas due to impending divorce, but if a menu was introduced and the function suite utilised to its full potential turnover could easily be doubled. There is a fully functional stainless steel kitchen, therefore the potential to increase revenue by introducing food to the business is huge. Meridian Business Sales would like urge early viewing.
Financial Profile
Turnover: £364,000pa
Stock approximately: £4,000
Tenure
Leasehold
Original length: 5 years
Remaining: 3 years
Rent: £44,000pa
Opening Hours
Monday: 11:00am - 12:00am
Tuesday: 11:00am - 12:00am
Wednesday: 11:00am - 12:00am
Thursday: 11:00am - 12:00am
Friday: 11:00am - 12:00am
Saturday: 11:00am - 12:00am
Sunday: 11:00am - 12:00am
Accommodation
A well maintained and presented premises, with the potential to attract much more trade than it currently has.
GROUND FLOOR
Bar/Lounge - The main bar offers a selection of 11 different lagers, bitters, and ciders.
Main Lounge has Plasma TV with Sky Sports package, quiz machine, fruit machine, darts, dominoes and gents/ladies toilets.
Fully equipped stainless steel kitchen.
FIRST FLOOR
Licensed function room which can cater for 100 guests with a fully equipped stainless steel kitchen and the potential to renovate and turn into restaurant.
SECOND FLOOR
Living accommodation comprising of:
2 double bedrooms with en-suite, 1 single bedroom, kitchen and lounge.
EXTERNAL
Beer garden, smoking area, car park with 15-20 car parking spaces and off road parking.
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