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Pub for sale

Buccleuch Street, Barrow-In-Furness, LA14

£260,000

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Freehold

TRADITIONAL PUBLIC HOUSE - CUMBRIA
Situated in the coastal town of Barrow-in-Furness
High amount of regular and repeat trade
Early viewing is highly recommended
Advised annual turnover of 120,000
Scope for further development
Tied on draught beer only
Genuine reason for sale
Tourist area
FREEHOLD


Location

This traditional public house is situated in Barrow-in-Furness which is a bustling town and seaport in Cumbria, often known and referred to as Barrow. The town is situated at the tip of the Furness peninsula bordered only by Morecambe Bay and the Irish Sea and is located just over 220 miles (350 km) north-west of London and 60 miles (97 km) south of the Scottish border. The business is surrounded by a wealth of commercial and retail concerns as well as a densely populated and loyal residential customer base from where the business draws its main source of income. Barrow is one of Cumbria's fastest growing communities, and many areas of the town have seen regeneration. On 28 September 2007 Barrow's 200 million Dockland regeneration project began. Due to be completed by 2020, the project includes a new 'Barrow Marina Village' which will incorporate a 8 million 400 berth marina, 600 homes, restaurants, shops, hotels and a new state of the art bridge across Cavendish Dock.


Business History

Meridian Business Sales are delighted to offer for sale this superb public house which has been established for over 100 years and has been in the careful hands of our clients for the last 20 years. Our clients are reluctantly offering the business to the market due to their desire to take well deserved retirement. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at 120,000 which is derived the sale of a selection of beers, wines and spirits in addition to light bar snacks. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This business would ideally suit a husband and wife or partnership and could afford a good standard of living. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.


Financial Profile

Turnover: 120,000pa
Stock Approximately: 3,000


Tenure

We are advised freehold


Opening Hours

Monday: 11:00am - 11:00pm
Tuesday: 11:00am - 11:00pm
Wednesday: 11:00am - 11:00pm
Thursday: 11:00am - 11:00pm
Friday: 11:00am - 11:00pm
Saturday: 11:00am - 1:00am
Sunday: 11:00am - 1:00am


Accommodation

Well presented three storey property, briefly comprising:

GROUND FLOOR
Secure entrance leading to

Lounge area with ample tables and chairs

Pool table

Bar area with seating and bar servery

Ladies & gents toilet facilities

Access to cellar

FIRST FLOOR
4 double bedrooms
Lounge
Dining room
Bathroom
Office
2 separate toilets

SECOND FLOOR
1 double bedroom

EXTERNAL
Rear smoking area


To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

0845 222 0508 Local call rate

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Disclaimer

Property reference 2965. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Meridian Business Sales Ltd, Bolton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.