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3 bedroom pub for sale

SOUTH YORKSHIRE

Sold STC £39,995

Property Description

Key features

  • Situated in the centre of Maltby, an historic town in South Yorkshire.
  • Large open plan Bar/Lounge (circa 60 +) with separate food servery area.
  • Public Bar (circa 26 +) with T.V., darts throw and pool table.
  • Well maintained 3 bedroom Owners Accommodation with enclosed separate Garden to rear.
  • Modern Catering Kitchen with 5 * EHO Rating.
  • Outside Drinking Area with purpose built Smokers' Shelter.
  • Advised turnover circa 598,323 (incl. VAT) for year ending 31st March 2016.
  • Trade 70% wet, 30 % food.
  • Established profitable sales from both wet and food.
  • Partially tied renewable lease.

Full description

Tenure: Leasehold

Ref 7525 LEASEHOLD

AN EXCELLENT OPPORTUNITY TO ACQUIRE A PROFITABLE OPERATION WITH FURTHER POTENTIAL TO DEVELOP TRADE

LOCATION
The business is located in the historic town of Maltby approximately 6 miles east of Rotherham and 10 miles North East of Sheffield. Located in a popular residential area, the property is close to the Maltby Academy.
Local tourist attractions include the historic ruins of Roche Abbey, Brodsworth Hall, Conisbrough Castle and Rother Valley Counry Park,
To the west of the town centre, the property is located approximately 2 minutes' drive time from the busy A631 Rotherham to Bawtry Road.

THE PROPERTY
This large property is of brick built construction beneath a pitched tiled roof. The spacious trading areas are on the ground floor to the front of the property, with two storey private accommodation to the rear. We are advised that our clients have invested in the maintenance of the property during their ownership and it is very well presented throughout.

Entrance lobby- reception area leads through to the Lounge Bar (circa 60 plus standing). This substantial room has a warm and relaxing atmosphere. Fully carpeted with fixed upholstered perimeter seating, loose tables, chairs and stools with separate carvery - servery area to side. W/m TV currently with Sky.

Public Bar - (circa 26 plus standing) with darts throw, pool play area, W/m TV.

There is a Central bar servery of wooden construction with hard flooring to bar surround.

Ladies and Gents W.C.'s.

Catering Kitchen - With range of modern catering equipment (appliances not tested), ducted extraction. Wash up - prep area leading off.
Additional Dry storage - Freezer Store, Spirits Store leading off.
Ground Floor Beer Cellar - with good working headroom.
.
OWNER'S ACCOMMODATION
The owner's accommodation is situated on the 1st floor and briefly comprises: 3 double bedrooms, lounge, modern bathroom and kitchen in good decorative order throughout. Separate access to side.

EXTERNAL
To the rear of the building is an enclosed private garden with garage.
Car parking for 35 plus cars is available.
There is an outside drinking patio area with 7 picnic style tables to the front, with smokers shelter to one side.

TRADING & LICENSING
We are advised that the business trades with the benefit of the Premises Licence which permits the sale of alcohol during the hours of:

Mon- Thurs 5am to 12.30am
Friday 5am to 1.30am
Saturday 5am to 12.30am
Sunday 5am to 1.30am

Current opening hours are:
Mon - Thurs 12.00 pm to 2.30 pm
5.00 pm to 11.00pm
Friday-Saturday 12.00 pm to 12.00pm
Sunday 12.00 pm to 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
The business is offered for sale as a lease assignment with approximately 8 years remaining of the Greene King Plc's full repairing and insuring, renewable agreement. We are advised that the inn is free of tie for wines, spirits, soft drinks, and alcopops. We are informed that the rent is currently 62,226 per annum to be reviewed in 2018.

We are advised that at the end of the term, the Lease (not seen by Guy Simmonds) should be renewable with no further premium - subject to the provision of the Landlord & Tenant Act 1954.
We are advised that the inn benefits from mains services (no services seen or tested) and has a gas central heating system (not tested). Business rates payable are advised as currently being circa 19,000 payable per annum.

THE BUSINESS
The current retiring owners have been operating the business since 2007 with two full time members of staff and a team of part time staff as trade dictates. During their period of ownership our clients have established a loyal clientele enjoying good levels both food and wet sales. The business is at the centre of the local community with regular quiz and charity nights. The pub also supports a fishing club, Golfing Society as well as a men's football and ladies netball team.
Our clients introduced food in 2008 and sales have developed well. A popular house menu is available throughout the week, with the Carvery available for Sunday Lunch. Steak Nights have been introduced, together with 'Fish Frydays'. It is envisaged, new operators could develop the catering operation further utilising the well-equipped kitchen.
We are advised that accounts declare takings of circa 598,323 inclusive of VAT for year ending November March 2016 - split approximately 70% wet sales and 30% food sales.


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

Viewing appointments must be made by contacting 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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