3 bedroom pub for sale

Cricket Inn Road, Sheffield, S2

288 sq. m. | £35,995

Property Description

Commercial information

  • Business for sale
  • 3,100 sq ft (288 sq m)

Key features

  • REF: 13095
  • LEASEHOLD
  • PUB
  • FREE OF TIE

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and busy pub, which is ideally located within Sheffield, South Yorkshire.

The business was established over 50 years ago and has been in our client's careful ownership since 2014. Only now is the business being offered to the market due to our client's unfortunate health problems. The business currently operates 7 days per week and generates a turnover in the region of 182,000 per annum, with a gross profit of approximately 60%.

Our client offers a wide variety of beverages including beers, wines, spirits and soft drinks, as well as bar snacks, such as crisps and nuts. The property boasts 288 sq. metres of floor space, with the main bar areas to the ground floor. The first floor offers three-bedroom accommodation, which could be used by new a new owner, or let out to generate further income.

The business has built up an excellent reputation within the area for the high quality services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours. A new owner could also introduce food sales, which would boost turnover. There is also scope to embark on a modest marketing campaign to highlight the business.

This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already busy pub to the next level; therefore, early viewing must come highly recommended to avoid disappointment.


LOCATION
The Wybourne Hotel occupies substantial two storey premises, ideally located within the city of Sheffield, South Yorkshire. The business is situated on the busy Cricket Inn Road, therefore benefiting from a high volume of footfall and passing trade. The property is surrounded by densely populated residential areas, from which the business derives much of its trade. The business further benefits from excellent parking facilities.

Sheffield is a city and metropolitan borough in South Yorkshire. According to the mid-2014 estimate the city had a residential population of approximately 563,749. Sheffield has a thriving commercial centre, with a number of multi-national businesses. There are more than 250 parks, woodlands and gardens within the city. The city has a long sporting heritage, and is home to the world's oldest football club.

The area is very well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest tram station is Cricket Inn Road, which is less than 5 minutes' walk away. Sheffield train station is approximately one mile away. The area is also well served by the A-roads, with the A57 being within close proximity, which links to the national A-road and motorway networks. Rotherham is approximately 8 miles away and Chesterfield is 14 miles away.

PREMISES
Substantial two storey premises in an ideal trading location, briefly comprising:

Ground floor:
The pub is divided into two halves, with the main bar in the middle serving both sides. On the right is a large bar area, which is mainly used at weekends or dart nights.

This is an old traditional pub with plenty of seating.

Pool room with:

Large pool table.
Television.
Juke box.
2 x gaming machines.

Ladies and gents' WCs to the rear of the property.

First floor:

Large lounge.
Kitchen.
Bathroom.
2 x double bedrooms
1 x single bedroom.

External:

Good signage.
Small beer garden to front.
Good parking facilities.

TENURE
We are advised Leasehold:

Rolling lease.
Rent: 10,800 per annum.

HOURS
The business is open:

Monday - Sunday: 12.00pm - 12.30am

STAFF
The business is owner run and managed with 3 x part time staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of 182,000 per annum, with a gross profit of approximately 60%.

Nearest stations

  • Cricket Inn Road (0.0 mi)
  • Nunnery Square (0.2 mi)
  • Hyde Park (0.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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

  • Cricket Inn Road (0.0 mi)
  • Nunnery Square (0.2 mi)
  • Hyde Park (0.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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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