Pub for saleHockley Road, Hockley, Tamworth, B77
- Business for sale
Full descriptionTRADITIONAL PUBLIC HOUSE - STAFFORDSHIRE
Well appointed and presented throughout
Early viewing essential to fully appreciate
3 bedroom owners' accommodation
Advised annual turnover of £340,000
Scope for further development
Genuine reason for sale
This superb public house has an ideal trading location situated in the town of Wilencote, Tamworth which is in Staffordshire. The business sits on one of the town's main access roads which leads to the M42 and provides a mass of passing motorists on a daily basis. The neighbouring area has a good display of commercial businesses and residential homes which also contribute to the businesses consistent annual turnover. Tamworth is a highly desirable area due to its fine housing, good schools, NHS services, friendly local community and easy road and rail access. The location also provides the business with a wealth of neighbouring areas including Sutton Coldfield, Nuneaton, Lichfield and Cannock which provide excellent business opportunities within a short travelling distance. Tamworth also benefits from being situated close to the M42 and M6 motorways which make visiting and commuting very easy.
Meridian Business Sales are delighted to offer to the market this traditional public house which has been established circa 1800's and has been in the careful hands of our clients since 2009. Our clients are reluctantly offering the business to the market due to an unfortunate break up in the partnership. 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 £340,000 which is derived from 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.
Stock approximately: £6,000
Original length: 8 years
Remaining: 5 years
Monday: 1:00pm - 11:00pm
Tuesday: 1:00pm - 11:00pm
Wednesday: 1:00pm - 11:00pm
Thursday: 1:00pm - 11:00pm
Friday: 1:00pm - 12:00am
Saturday: 12:00pm - 12:00am
Sunday: 12:00pm - 11:00pm
Well presented traditional style public house, briefly comprising:
Secure entrance leading to
Bar area with traditional fitted bar, ample seating for 70 covers, pool table, quiz machine and gamblers
Male & female toilets
Large bar area with fitted bar, dining tables and chairs.
Access to basement/cellar
3x double bedrooms
Bathroom with bath, shower, toilet and wash basin
Fully fitted kitchen
Courtyard with picnic bench seating area
Small parking area for 1-2 vehicles
Map & Street View
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