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The Waterloo InnWaterloo Street,Stoke,Plymouth,PL1

£349,950

£97.92 per sq ft

Business rates & charges may apply

CoGoGo, Bolton
SIZE AVAILABLE

3,574 sq ft

332 sq m

SECTOR

Pub for sale

Key features

  • REF: 1736
  • FREEHOLD

Description

LOCATION
The Waterloo Inn occupies substantial end terrace premises, ideally located in a prime trading position in the city of Plymouth, Devon. The business benefits from ample parking in the vicinity and is situated in a densely populated residential area, from which it draws most of its trade. The city is a desirable place in which to live and boasts excellent leisure facilities. The local attractions and amenities are nearby, including Plymouth Hoe, Plymouth Navel Memorial and Plymouth Sands.

The city centre lies approximately 1� miles away from the property. Plymouth roots are as a commercial shipping port, today it is home to the largest naval base in Western Europe and the city is home to around 250,000 residents and has one of the largest universities in the United Kingdom.

The A38 duel carriageway provides an easy commute to the city linking to the M5 motorway. The international ferry terminals are also within the city with regular services to France and Spain. As you would expect the city has excellent public transport links with a main line railway station and network of buses running throughout the City.

BUSINESS
Hilton Smythe is delighted to welcome to the market this public house business in Plymouth, Devon. The business has been in our clients` ownership since 1992, only now is the business offered to the market due to our clients` wish to retire. The business is open 7 days a week and generates a turnover in the region of £187,763 with a gross profit of 53%. Our clients` offer a range of real ales, lagers, wines and spirits along with restaurant meals.

The Waterloo Inn is a well-established and popular public house, therefore benefitting from a loyal customer base with a vast amount of repeat trade. The business is very much at the heart of the community and has two pool teams, four darts teams and two Euchre card teams. The business benefits from a 20 plus cover restaurant area, which is currently only serving lunchtime meals and offers a modern home cooked menu from locally sourced suppliers.

There is 4-bedroom private accommodation on the first floor, some of which could be used as letting accommodation, should a new owner desire to do so. The property is well maintained and finished to a high standard throughout. We feel there if scope to increase the turnover by extending the hours in which food is available, such as offering an evening menu. The business would also benefit from establishing a website advertising the services offered, as there is currently no website available. This is an excellent opportunity for a new owner to take this already thriving and popular business to the next level; therefore early viewing must come highly recommended.

PREMISES
Newly redecorated public house in one of Plymouths most sought after areas, briefly comprising:

Ground floor with:
Flooring is part wooden and part carpeted.
Large `L` shaped bar with nine points of dispense, cold drinks chillers, full range of optics, electronic cash register, glass washing machine and stainless steel sink unit.
Feature fireplace.
Pool table.
Dart board.
Jukebox.
Hot pie/pasty warmer.
ATM machine.
2 x gaming machines.
Tables and chairs to suit trade.
Ladies and gents WCs.
Disabled WC.

Conservatory to rear with:
Fully glazed, tiled flooring, tables/chairs for dining and access to beer garden.

Cellar with:
Storage, barrel store and ice making machine.

1st floor with:
Hallway with access to private patio area.
Kitchen with fully fitted units, sink, cooker, refrigerator, freezer, double deep fat fryer, dishwasher and microwave oven. The kitchen is used for the public house and private use.
Bathroom with combi-boiler, walk-in shower, wash hand basin and WC. The bathroom is tiled throughout.
Separate WC.
Lounge with new wooden flooring, feature fireplace and window to front.
Bedroom 1: Double with window to front.
Kitchenette with fitted units and sink.

2nd floor with:
Bedroom 2: Double with fitted wardrobes and window to rear.
Bedroom 3: Double with window to front.
Bedroom 4: Single with window to front.

External:
Double garage currently used as a storage area for dry goods.
Small smoking area to rear.
Tented area with wooden benches, tables and chairs.

TENURE
We are advised Freehold.

HOURS
The business is open:

Monday - Sunday: 10.00am - 12.00am.

STAFF
The business is owner run and managed with 1 x cleaner.

FINANCIAL PROFILE
The business generates a turnover in the region of £187,763 with a gross profit of 53%.

The Waterloo InnWaterloo Street,Stoke,Plymouth,PL1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Devonport Station0.3 miles
  • Dockyard Station0.7 miles
  • Plymouth Station1.0 miles

About CoGoGo, Bolton

20 Wood Street, Bolton, BL1 1DY

CoGoGo, Bolton

At CoGoGo, we sell businesses. For those looking to buy or sell in the UK, we act as a bridge between buyer and seller. We pride ourselves on making the business sales experience more transparent, fair and enjoyable for buyers and sellers alike.

We market businesses using multiple market leading platforms and channels all with the aim of achieving the best price and outcome for our clients.

We’re a young, fresh and driven group of people with the knowledge and experience needed to

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Disclaimer - Property reference 1736I. 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 CoGoGo, 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.

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