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3 bedroom pub for sale

WEST YORKSHIRE

£750,000

Property Description

Key features

  • Stunning rural position close to large population areas
  • Character Main Bar (circa 20) with beamed ceiling.
  • Beautiful separate Dining Room (circa 24).
  • Tastefully appointed Gallery Dining Room (circa 52) with panoramic views.
  • Outside covered Patio (circa 20).
  • Other outside seating options (circa 100+).
  • Large well-appointed three bedroomed owners accommodation.
  • Advised turnover January 2016, 570,841 (incl. VAT).
  • Trade split 40% wet and 60% food.

Full description

Tenure: Freehold

REF: 7422 FREEHOLD




AN OUTSTANDING PROPERTY AND BUSINESS IN AN AWESOME LOCATION WITH EVERCHANGING UNRIVALLED LONG DISTANCE VIEWS

THE LOCATION
The business is located in a rural position some 1,000 feet above the Yorkshire Town of Todmorden. There are outstanding long distance views over the town with a vista that is ever changing. The town of Todmorden is only two miles away with all the necessary amenities and facilities required. The towns of Burnley, Halifax and Rochdale are all within 12 miles the M62 Trans-Pennine Motorway is only 8 miles away at Milnrow from Todmorden. There are excellent rail facilities with Manchester 25 minutes and Leeds only 45 minutes away by rail. The inn is on a popular bus route with an hourly service. The inn sits close to the Pennine Way and has Britain's highest beach at Goddings Dam which is within walking distance. The immediate area is immensely popular with walkers and cyclists and has a year round tourist industry besides a strong and loyal local trade. The inn draws much business from the surrounding conurbations with a huge popularity for families and its dining options.

THE PROPERTY
This two storey stone built property dates back to 1846 and is in immaculate condition throughout being furnished to an exceptionally high standard. The large Bar Servery is fully equipped for both keg and cask beers and serves all public areas. The Main Bar has beamed ceilings, a working log burner and traditional furniture for 20 persons. The bar with it's gleaming brass and artefacts gives a warm welcome to its customers. There is the separate Langfield Restaurant tastefully furnished for 24 persons with its own WC's. On the other side of the bar is the Gallery Dining Room with outstanding views over the valley and seating for 52 persons. There are further WC's with disabled access and baby changing facilities. There is a large well equipped Catering Kitchen with a walk in freezer and separate washing up and preparation areas. (no equipment tested). There is a ground floor Beer Cellar with a dry goods and freezer store.

OWNERS ACCOMMODATION
In keeping with the rest of the building the first floor owner's accommodation is of a high standard. There are three double Bedrooms, Lounge, Kitchen and bathroom, separate toilet with sink, and an office.

EXTERNAL
The outside areas are well planned, well-kept and of the same high standard. There are car parks to either side for a total of approximately 60 vehicles. There is a covered Patio with seating for 20. A grassed garden area with seating for 64 persons and benches to the front and side for approximately 100 persons. When busy and in good weather all tables are taken.

TRADING & LICENSING
We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:

Monday to Saturday: 12noon - 11pm
Sunday: 12noon - 10.30pm

Current opening hours are:

Mon to Tues: 5pm - 11pm
Wed to Sat: 12noon - 11pm
Sun: 12noon - 10.30pm

NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House.

GENERAL REMARKS
This business is offered for sale freehold (we have not had sight of the title deeds.) There is mains electricity, spring fed water with a cleaning system, a septic tank for sewerage and LPG gas for cooking and heating (no services tested). Business rates are advised as being 10,419.22 per annum.

THE BUSINESS
Our clients purchased the business some nine years ago and have since worked hard to transform both the building and the business into the solid and profitable business it now is. Thanks to this hard work the business enjoys an excellent reputation as a quality family and private dining experience. Trading figures to January 2016 show a turnover of 570,841 (incl. VAT) with a good net profit. The business is currently run with the assistance of two managers with the owners occupying a less hands on role. There is no doubt that new and enthusiastic owners preferably with one having catering experience should be able to maintain these figures and by streamlining the business substantially increase both turnover and profit.

Accounting information will be made available to interested parties after viewing.


Viewing appointments must be made via Guy Simmonds.

VIEWING: All appointments must be made through Guy Simmonds. Please note that these Sales Particulars are issued on the strict basis that all negotiations, viewings and contacts in connection with this business are conducted through Guy Simmonds who are appointed by the vendor to act under a Sole Selling Rights agreement with total confidentiality. Any breach of these terms may make you liable in law to litigation and damages. Under no circumstances must you approach the owner direct without a formal appointment or disclose to other customers and staff that the Premises are for sale.

FINANCE FOR PURCHASING A LICENSED PROPERTY: We are in constant touch with a leading finance broker who specialises in arranging Business Finance for Licensed Properties. Whether you are purchasing a Licensed Property through ourselves, or another agent, we will be pleased to contact on your behalf our specialist who can arrange the necessary Finance Package for you at preferential rates. Please telephone for free and no obligation advice with regards to financing a Business.

Guy Simmonds for themselves and for the vendors or lessors of this property and/or business whose agents they are give notice that:-
(I) These particulars are a general outline for the guidance of intending purchasers (or lessees) and do not constitute an offer or contract, nor any part of an offer or contract.
(II) All descriptions, dimensions, distances, maps/plans, references to condition, trading figures and other items in these particulars are given as a guide and no responsibility is assumed by Guy Simmonds for the accuracy of individual items. Intending purchasers (or lessees) should not rely on them as statements of representations of fact and should satisfy themselves as to the correctness of each item by making independent enquiries.
(III) Intending purchasers (or lessees) should make their own independent enquiries regarding the use of the property, necessary permissions for use and occupations, potential uses and any other matters affecting the property prior to purchase.
(IV) Guy Simmonds do not make or give whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to this property. No responsibility is taken by Guy Simmonds for any error, omission or mis-statement in these particulars. Guy Simmonds do not warrant the accuracy of any accountancy information supplied and purchasers are advised to take independent advice in order to satisfy themselves.
(V) Guy Simmonds are unable to give any warranty as to the working order of any apparatus, equipment, fittings or services associated with the premises and therefore, cannot verify they are in full working order. Purchasers are strongly advised to obtain specialist reports prior to exchange of contracts in order to satisfy themselves.
(VI) All statements and descriptions are made without responsibility or warranty by Guy Simmonds, the vendors or lessees. Neither do Guy Simmonds nor the vendors/lessees hold ourselves responsible for any expenses whatsoever incurred by applicants inspecting Businesses which may be sold or withdrawn, to include travelling, valuation/survey, legal fees etc.
(VII) No person in the employment of Guy Simmonds has any authority to make or give any representation or warranty whatever in relation to this property.
(VIII) It should not be assumed that the contents of any photographs are included in the sale.
(IX) All prices quoted are excluding stock at valuation.


Energy Performance Certificates (EPCs)

Map & Street View

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