Pub for sale

Inn The Middle, Langley Mill, Nottingham

Guide Price £475,000
2,000 sq. ft.

Property Description

Key features

  • Well established Freehold for sale
  • Busy roadside location
  • Large well maintained corner public house
  • 3/4 bedroom owners accommodation
  • Turnover to year end March 2018 440,000 net of VAT
  • Finance available subject to status

Full description

FREEHOLD - FREE OF TIE hugely profitable, busy Pub in the heart of a vibrant and bustling community.

Property Description - The property is a large 2 storey corner brick building under a pitched slate roof. With outbuildings and enclosed rear courtyard with mutiple raised decked areas. Rear access to owners parking bay and side access to the function room. With basement beer cellar and external drop.

Location & Area - Located on Station road, the main route through the Nottinghamshire town of Langley Mill. The town has recently received significant investment with new retailers including McDonalds and Sainsbury's around the corner. Langley Mill is easily accessed via the A610, off J26 of the M1 motorway (approximately 4 miles to the East).

The Business - The property has open plan ground floor trading areas with some split level, with large central bar servery. The trading areas comprise circa 80 covers.
Double doors leading to an enclosed rear decked are offering a smoking solution. With further patio area and raised decked area. Outbuildings for storage.
Catering kitchen - fully equipped to trade with 2 further rooms offering storage and preparation areas.
Owners accommodation on the first floor and comprising:-
3 bedrooms, kitchen/breakfast room, lounge, office, store room.
The former function room is located on the first floor and offers potential for letting accommodation STPP.
Turnover to the year-end 31st March 2018 was £439,217 with an EBITDA of £70,000
Turnover to the year-end 31st March 2017 was £410,414
Offered for sale freehold with vacant possession.

According to the valuation office agency website the current rateable value is £37,250 per annum. For rates payable or other rating queries, interested parties are advised to contact to relevant local authority.

The property is opted to Tax so VAT will be charged on the purchase price.

Owners Accommodation - 3/4 bedroom owners accommodation

Externals - The is parking for 2 owners vehicles off road within the side courtyard area.

Price & Tenure - FREEHOLD £475,000

Finance - An early discussion about finance can often save time and disappointment, talk to LLH Solutions about securing independent financial advice from one of our solution partners.

Viewings - Strictly by appointment with the vendors sole selling agents. Tel: Email You are recommended to contact us in the first instance prior to visiting the property even for an informal viewing.


More information from this agent

Nearest stations

  • Langley Mill (0.2 mi)
  • Ilkeston (3.1 mi)
  • Newstead (5.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

LLH Solutions Limited, Oakham

Office 6, Suite 16, Oakham Enterprise Park, Ashwell Road, LE15 7TU

01780 695050 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

  • Langley Mill (0.2 mi)
  • Ilkeston (3.1 mi)
  • Newstead (5.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

LLH Solutions Limited, Oakham

Office 6, Suite 16, Oakham Enterprise Park, Ashwell Road, LE15 7TU

01780 695050 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 29092336. 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 LLH Solutions Limited, Oakham. 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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