Hotel for sale

65 Matson Avenue - GL4

£27,995

Property Description

Commercial information

  • Business for sale

Key features

  • Public house, free of ties on enterprise lease
  • Weekly Turnover £1500 plus per week
  • Excellent scope for improvement with 600 new homes being built
  • Located on the edge of an estate current weekly in excess of £1500

Full description

Tenure: Leasehold

DESCRIPTION
Fantastic opportunity to purchase a well established pub in the village of Matson near Gloucester. Situated just 5 miles from Gloucester city centre and set within a local housing estate, this pub has been trading for over 50 years and is popular with the locals. The business is within walking distance of a busy residential area, the Robinswood Inn has become the focal point for the local community. Currently the pub does not offer meals by choice of the vendor but has the capacity to offer this.

The Robinswood Inn has been run by the current owner for the last 10 years, and is only now offered for sale due to retirement. Although current turnover is moderate, there is huge scope to vastly increase. It is ideally set up as a dry pub, with room for 60+ covers as well being able to accommodate 100+ standing, externally there is a beer garden.

The property has a traditional feel about it, with two separate trading areas — t

The pub is ideal for someone looking to develop the restaurant side of the business, as well as focusing on keeping the locals happy.

The pub further benefits from a beer garden and outdoor area and has an exceptionally large owners accommodation and a large car park which could easily accommodate 25+ vehicles.


WEEKLY SALES
Currently pub sales average £1500 plus per week.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday to Saturday 11:45 — 14:30 then 17:30 — 23:30
Saturday 11:45 — 24:00
Sunday 11:45 - 23:30


STAFF
Managed by the owner with full/part time staff.

PROPERTY
Very spacious detached property with 3/4 bedroom owners accommodation above the trading area, with its own separate entrance. There is also a large outdoor area with a small sheltered smoking area and a lawned beer garden fully enclosed. A the front and side of the property is a car parking space for 25+ vehicles and an owner’s private parking and garage area. Available and owned by Enterprise on a ?free of tie? basis with an annual rental of £20,000.

RESTAURANT/BAR/AREAS
The main bar area is located in front and to the left hand side as you enter the building. There is a large very traditional feel about the whole room, with wooden flooring, seating to all the external walls, an oak bar area and a selection of tables and chairs. There is a sports viewing area and dart board located to the right of the bar with a potential for some 45 covers available throughout the room. The room is very light and airy; with front and side windows.

The second bar area has a similar traditional but modern feel to it with a selection of tables and chairs. There also is room for another 20 covers if required.

There is a small fully functional semi commercial kitchen with a separate store room followed by the rest rooms which have recently been part refurbished.

To the front of the property is a very spacious outside car park and potential to add additional tables. The car park is adequate and could hold in excess of 25 cars. To the rear there is an enclosed owners car park incorporating a double garage. In addition there is a grassed and terraced garden area currently used as the smoking area.

The pub as a whole provides excellent potential for the vendor wishing to expand.


RESIDENTIAL ACCOMMODATION
3/4 bedroom property of substantial size comprising of 3 good size double bedrooms, office/4th Bedroom, lounge area, family bathroom, kitchen, utility area and large landing/hallway. The living accommodation is in need of some TLC but this offers scope for the new owners to put their own ideas of decoration into place. There are some traditional features similar to the trading areas, including original fireplaces in the lounge and bedroom areas.

TENURE
The current lease expires in 2018. The vendors have been in communication with the landlords who have advised verbally that they are prepared to grant a new lease to approved candidates at an initial rent of £20,000. Other terms to be negotiated.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.


SUMMARY
This is an exciting opportunity to purchase a business with a bright future — unlimited potential for the right buyer. Development opportunity. Viewing is highly recommended.


Nearest stations

  • Gloucester (2.3 mi)
  • Cheltenham Spa (6.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 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

  • Gloucester (2.3 mi)
  • Cheltenham Spa (6.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 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.

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