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Pub for sale

The Builders ArmsMobberley Road,Knutsford,WA16

204 sq. m. | £54,999

Property Description

Commercial information

  • Business for sale
  • 2,195 sq ft (204 sq m)

Full description

Tenure: Leasehold

LOCATION
The Builders Arms occupies substantial two-storey premises, ideally located in the affluent town of Knutsford in Cheshire. The property is surrounded by densely populated residential areas, from which the business derives much trade. The business also benefits from ample on street parking to the front of the premises. The property is also located close to the town centre, therefore benefiting for a high volume of footfall and passing trade.

Knutsford is a popular town in Cheshire in which to live and work. It is situated on the Cheshire Plain, between the Peak District in the South Pennines to the east and the Clwydian Range in the Welsh Mountains in the west. Knutsford is an affluent residential area in Cheshire's Golden Triangle and a dormitory town for people working in Manchester.

The area of the business is well served by the public transport system, with bus stops within easy walking distance of the property. Knutsford railway station is just over 5 minutes' walk away. The area is also well served by the A-roads, with the A537 and A5033 being within easy driving distance, which link to the national A-road and motorway networks. Warrington is approximately 15 miles away and Manchester city centre is 19 miles away.

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and popular public house in the affluent town of Knutsford in Cheshire.

The business was established in 1850 and has been in our client's careful ownership since 2008. Only now is the business being offered to the market due to our client's desire for a well-deserved retirement. The business operates 7 days per week and generates a turnover in the region of 160,000 per annum, with a gross profit of approximately 46%.

Our client offers a wide variety of alcoholic beverages including beers, lagers, wines and spirits, as well as a small selection of bar snacks. The business has built up an excellent reputation within the area for the high quality of the services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

The property is very well maintained and is characterised by a Fisherman's Corner, which is decorated with a multitude of photographs depicting the ones that didn't get away. The property further benefits from 3 bedroom owners accommodation to the first floor. The public house is well supported within the community and boasts its own angling club.

We feel there is scope to increase the turnover by introducing a food menu. The business would also benefit from a small marketing campaign to highlight the business and services offered. A new owner could also introduce a website to promote the business.

This is an excellent opportunity for a new owner to take this already popular business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

PREMISES
Substantial two-storey premises, briefly comprising:

Ground floor with:

Main entrance leading to reception area.
Lounge bar area to the right.
Main bar area to the left.
Central bar with eight points of dispense.
Ladies and gents WCs.
Fully fitted domestic kitchen to rear.

First floor with:

2 x double bedrooms.
Single bedroom/office.
Bathroom.
Lounge.
Large kitchen/dining room.

Fixtures and fitting included:

Tables and chairs.
2 x flat screen TVs.
Kitchen equipment including 2 x deep fat fryers, 4 x burner cooker, microwave oven and refrigerator/freezer.

External with:

Large beer garden to rear with seating for 30 persons.
Children's play area.
Seating for 8 persons to front of premises.
Shed with 2 x refrigerator/freezers and bottle storage.

The property boasts external security lighting and a burglar alarm.

TENURE
We are advised Leasehold:

Original lease length: 21 years
Remaining lease length: 8 years
Review every: 3 years
Rent: 25,480 per annum

HOURS
The business is open:

Monday - Wednesday: 12.00pm - 11.00pm
Thursday - Saturday: 12.00pm - 11.30pm
Sunday: 12.00pm - 11.00pm

STAFF
The business is owner run and managed with 6 x staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of 160,000 per annum, with a gross profit of approximately 46%.


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