4 bedroom pub for sale

GWENT

£229,950

Property Description

Key features

  • Delightful residential location within the market town of Brynmawr.
  • Traditional and well presented lounge Bar (circa 50) with a bar server, carpets and exposed stone walls.
  • Lovely Restaurant Area (circa 40 covers) benefiting from carpeted flooring and traditional furnishings.
  • Large owners flat with 4 double bedrooms (2 en-suite).
  • Front Patio Terrace for 40 customers.
  • Commercial Catering Kitchen.
  • Advised turnover circa 164,131 (incl. VAT) year end March 2014, increasing this year by approx. 10,000.
  • Trade split is approx. 50% food, 50% wet.

Full description

Tenure: Freehold

REF 7554 FREEHOLD

A PROFITABLE AND WELL PRESENTED BUSINESS BEING OFFERED TO THE MARKET FOR THE FIRST TIME IN 26 YEARS

LOCATION

The delightful and profitable Freehold Inn & Restaurant is situated on Greenland Road, Brynmawr, Gwent.
Brynmawr is a market town in Gwent, South Wales.
The town, sometimes cited as the highest town in Wales, is situated 1500 feet above sea level at the head of the South Wales Valleys.
Brynmawr has an estimated population of 6,000 residents.
This thriving town's primary shopping areas are contained within Beaufort Street and on the Market Square, which is also the focal point of the town where many events are hosted. The former Market Hall is now a 350 seater cinema and theatre.

THE PROPERTY

The well established business and property is built of local stone, under a pitched tiled roof and occupies a prominent position within a residential area of Brynmawr, Gwent.

The Lounge Bar (circa 40-50) offers a bar server area, carpeted flooring, exposed stone walls, plasma screen and darts throw.

The Restaurant (circa 40) is a spacious room benefitting from carpeted flooring and traditional furnishings along with direct access to the Patio Terrace Area.

Ladies & Gents W.C's plus disabled facilities.

There is a Commercial Catering Kitchen with stainless steel appliances (not tested) and work surfaces along with Dry Store and Freezer Room.

The Ground Floor Cellar has a cooler and python system.

OWNER'S ACCOMMODATION

Like the trading areas, the owner's accommodation is of a high standard. There are 4 double bedrooms (2 en-suite), a lounge, bathroom and kitchenette.

EXTERNAL

To the front of the property is a pleasant Patio Terrace Area offering seating for approximately 40 customers.
Although the property does not benefit from its own car park, opposite is a free public car park.

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:

Sun - Thurs 11am - Midnight
Fri - Sat 11am - 1am

Current opening hours are:

Mon - Fri Midday - 3pm/7pm - 11pm
Saturday Midday - Midnight
Sunday 11.30am - 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 property and business is being offered for sale freehold (although we have not had sight of the title deeds). All mains services are connected with gas central heating (no services tested). Business rates payable are advised as being circa 1,440 per annum.

THE BUSINESS

The current owners purchased the business in 2005 although this was a family transaction and it has been in the same family for 26 years. The property is presented very well and the business has a very good local following. We are advised that accounts declare takings of circa 164,131 (incl. vat) in the year to end March 2014, with an expected increase of approx. 10,000 for this current year end. The trade split is 50% wet and 50% dry.
This freehold property offers an ideal opportunity for an owner operator to benefit from a well established and profitable business that is presented to a high standard.

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

The property was viewed by Marc Blackford who would be delighted to discuss further details and can be contacted on 07812 753014

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)

Nearest stations

  • Ebbw Vale Town (2.0 mi)
  • Ebbw Vale Parkway (3.0 mi)
  • Pontlottyn (5.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds Business Transfers Limited , National Licensed Property

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448136 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Ebbw Vale Town (2.0 mi)
  • Ebbw Vale Parkway (3.0 mi)
  • Pontlottyn (5.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds Business Transfers Limited , National Licensed Property

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448136 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 7554. 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 Guy Simmonds Business Transfers Limited , National Licensed Property. 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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