4 bedroom pub for sale

Tenure: Freehold

FREEHOLD PUBLIC HOUSE (FREE OF TIE) - GWENT
Within a housing estate in the town of Abertillery, Gwent
Early interest and viewing is highly recommended
Owners 4 bedroom accommodation
Advised annual turnover £114,777
Established since the 1861
Scope for food and B&B
Genuine reason for sale
Wet sales only
FREEHOLD


Location

This large detached freehold public house is located in the town of Abertillery in Gwent. It's accessed via the A467 from the A465 and is just 7 miles from Abergavenny, 7 miles from Cwmbran, 8.5 miles from Merthyr Tydfil and 16 miles North West of Newport. Abertillery is very scenic and has a traditional-style town centre which is within a 5 minute walk along with several schools.



Business History

Meridian Business Sales are privileged to offer to the market this well respected public house. The business has a wealth of trading history dating back to 1861 and has been in the careful hands of our client for the last 13 ½ years. This superb concern is being offered to the market due to our client's wish to move abroad. During our client's ownership they have gone to considerable expense and effort on the presentation of the property and are very generously including fixtures and fittings in the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. The pub is free of tie and has an annual turnover of £114,777 based on 100% wet sales. They have a good cross section of customers and benefits from regular, repeat trade and have a darts and pool team. The pub has its very own skittle alley along with a team and this proves to be very popular. The business is owner operated and has just 1 part time member of staff. We believe the business has further scope to increase turnover by serving food increasing trading hours and you could use the 3 bedrooms on the first floor for B&B and retain the attic flat for owner's accommodation. Early viewing is highly recommended as this business cannot be missed.


Financial Profile

Turnover: £114,777pa
Stock approximately: £3,000


Tenure

We are advised freehold


Opening Hours

Monday: 7:00pm - 12:30am
Tuesday: 7:00pm - 12:30am
Wednesday: 7:00pm - 12:30am
Thursday: 7:00pm - 12:30am
Friday: 2:00pm - 12:30am
Saturday: 2:00pm - 12:30am
Sunday: 12:00pm - 12:30am


Accommodation

Detached freehold free of tie public house briefly comprising;

GROUND FLOOR
Front bar with servery, pool table, darts board and 2 x TVs, skittle alley, lounge bar with servery, hard and soft seating, ladies & gents toilets and disabled toilets

First floor owner's accommodation
Games room/lounge
Laundry room (could be catering kitchen)
3 x double bedrooms
Kitchen
Lounge
Bathroom with corner bath, toilet and wash basin

Attic flat
Double bedroom
Lounge
Kitchen
Shower room with shower, toilet and wash basin

Cellar (below ground)

1x main cellar room

EXTERNAL
Rear yard with parking for 5 vehicles
2 x brick built single garages
1 x metal erected single garage
Front beer garden