Pub for sale

Wisbech, Cambridgeshire, East of England, PE13

£210,000

Property Description

Key features

  • Ref:13323 A
  • Freehold

Full description

Business
Hilton Smythe welcomes to the market Six Ringers Inn. This inn was originally established in 1913 and was taken over by our client in 2001. The owner is now looking to sell the business, due to the desire to take a well-deserved retirement.

The pub offers wet trade, this is a mixture of real ales, soft drinks and spirits. The pub receives a generous amount of repeat loyal trade from the locals. The business doubles up as a sports bar and offers Sky sports and BT. This draws in lots of crowds during football season and other sporting events.

The business generated a turnover in the region of £110,000 as of the 2015 accounts, with a gross profit of 42%. There is scope to increase this figure. The purchaser should look to introduce food sales. A classic pub menu could massively increase trade. The pub boasts a prime trading location, encourage passing trade to call in. Opening hours could also be extended.

There has been planning permission granted for a five letting room extension. Again, this could hugely benefit the pub and would be a great asset. The village is close to many popular towns and would allow business commuters overnight stays for meetings.

Social media is a great way of advertising a business. A Facebook page kept up to date with promotions, deals and events would allow for an extended knowledge of the pub; drawing in custom from other towns.

As well as sports TV, the pub also has a darts board, snooker table and a snookerette table. The pub has two pool and darts teams plus one snookerette team. This is a great way of drawing in repeat loyal trade.

Above the pub is a three-bedroom owner’s accommodation. This is a great space with generous sized rooms.

This is a fantastic Freehold opportunity that is not to be missed. This would be an ideal pub for a husband and wife team looking for a fast-paced business, with potential for expansion. Hilton Smythe highly advise early viewing to take in the full potential of the trade.

Location
Six Ringers Inn is located in Leverington, Wisbech, Cambridgeshire.

The pub is situated in the village of Leverington. The village is made up of residential property with some independent retailers and farm fields. Businesses in the village include a garage, fish and chip shop, convenience store, nursery, sports club and a car dealership. The village has a great community feel and offers many clubs and social meetings. There is a population of circa 3,400 as of the 2011 census.

The village is just minutes away from the centre of Wisbech. The town is known for its Georgian architecture and is still home to the oldest surviving Georgian theatre. The town also boasts one of the oldest museums come library in the UK. This town is situated close to Kings Lynn just 14 miles away, Peterborough 22 miles away and Cambridge just over an hour’s drive away. Norwich and Lincoln are also one and a half hours away.

The road on which the pub is situated is a cut through from Gorefield and connects to the A1101. This is a prime trading location. There is public transport in the village. Directly outside the pub is a bus stop with routes into Gorefield and Wisbech. The closest train station is in surrounding towns such as Watlington and Kings Lynn.

Premises
Six Ringers Inn is a substantial sized detached property. There is land to the front and side of the premises. The front is gravelled and comes with ample parking and completed with shrubs. To the left-hand side is a seating area with smoking shelter, perfect in the warmer summer months. There is a single garage used by the owner.

The premises briefly comprises: -

Main Bar
Open plan bar area with seating and tables for 40 covers. The room has a pool table, gambler and juke box.

Games Room
Snookerette table with seating and a darts board.

Toilets
There is a ladies and gent’s toilet.

Kitchen
Domestic kitchen comes fully equipped. Shared with accommodation.

Cellar
Fully pumped and piped plus ice maker.

Owners Accommodation
The owner’s accommodation is a great size and comes with three bedrooms, lounge and bathroom.

Equipment included in the sale includes: -
Bar
Tables
Chairs
Benches
Televisions
Till
Drinks fridges
Ice machine

Planning permission has been granted for a first-floor extension. To the left of the main bar is single storey garage. the extension will transform this into two storeys. This space will be converted into ten letting rooms.

Tenure
We are advised the business is being sold as a Freehold opportunity.

Hours
The business opening hours: -

Monday - Thursday: 4:30pm - Close
Friday - Sunday: 12pm – 12am

Staff
The business is run and managed by our client, with the help of three-part time members of staff.

Financial Profile
The business generated a turnover in the region of £110,000 as of the 2015 accounts.
Gross profit 42%


Nearest station

  • March (8.6 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 station

  • March (8.6 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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