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Licenced Trade, Pubs & Clubs, West Yorkshire

Offers in Excess of
£500,000

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
SIZE

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SECTOR

Pub for sale

Key features

  • Freehold detached pub with food
  • 0.37 acre site with plans for ten to twelve homes
  • Perfect restaurant or sports bar
  • Huge outdoor terrace and beer garden

Description

BUSY PUB WITH BUILDING DEVELOPMENT POTENTIAL in Pontefract for Sale.

The Olde Tavern is a very traditional pub. It is located on a busy main road close to Pontefract town centre, the racecourse and famously King Richard III favourite castle. Surrounded by commerce and lots of industry, as well as densely populated residential communities, the pub enjoys a good level of trade throughout the day. The site also has tremendous development potential, given its size and location.

THE BUSINESS - Very popular with families for its all-day carvery, large beer garden and bird aviary attraction. The pub enjoys an almost perfect 50/50 split between food and wet sales and has average weekly takings of £10,000 to £12,000, showing enviable net profits. The pub would suit any style of operation, be it a sports pub or alternative food restaurant. The owner has operated the pub very successfully for the last 12 years, but now needs to sell, as he has a specific health condition that will limit his ability to effectively work within the business.

THE PROPERTY - Internally, the building has an expansive internal space measuring approximately 438 sq metres (4,712.6 sq ft) to include a superbly equipped commercial kitchen capable of putting out 300+ Sunday dinners, a spacious dining area accommodating 80 customers, darts and pool rooms, lounge bar. Private, self-contained owners / managers accommodation on the first floor with kitchen, lounge, two double bedrooms and house bathroom, all recently refurbished. Decked terrace with seating and a large beer garden with children’s play area and bird aviary. Several parking spaces, plus an agreement with a neighbouring business to use additional parking spaces evenings and weekends.

DEVELOPMENT POTENTIAL - The entire site is approximately 0.37ac (16,152 sq ft) and would therefore be of obvious interest to developers looking to build a residential scheme on the site. Provisional architects’ plans have been drawn up and it is believed that there is adequate space for ten to twelve homes on the site, subject to planning consent. EPC Band C.

About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

Selling a Business?

Selling a business in the UK? We’ll be with you every step of the way

Selling any business can be a daunting task, but even more so when you’ve worked hard to build your own. That’s why finding the right business transfer agent is so important; you need to trust that you are working with people who have your best interests at heart.

That’s exactly what you’ll find at Ernest Wilson. Our clients’ interests are at the forefront of everything we do, and we’re pleased to have built a reputation based on our passion for what we do, implicit trustworthiness and thousands of recommendations over the last 60 years. Selling your business can be a time of mixed emotions, but we’ll be with you every step of the way.

Ernest Wilson is the leading business transfer agent with offices throughout the UK. We will never ask for payment in advance, not only do we have the necessary expertise to correctly value your business, we also have the resources to professionally market that business and obtain the best possible price in the market.

No advance payments

We don’t believe in asking for payment in advance, so we simply won’t do it. We often find that those who do are more interested in obtaining your signature than finding you a buyer, leaving their clients underwhelmed by the lack of advertising and efforts put in to selling their business.

Our advice is straight forward: if an agent asks for any payment from you in advance, don't use that agent.

Confidential, discreet support

Selling your business calls for discretion balanced with commerciality. We know that simply putting up a For Sale sign often does little more than set tongues wagging and unsettle your staff, and we’re pleased that we sell over 99% of businesses without the need for one.

We don’t give out details of your business to a potential buyer unless they are registered with us. Only then will they receive the full particulars of sale on your business. Our drive, passion and attention to detail in selling your business means we’ll only introduce it to people who are the very best fit.

Unrivalled, interested contacts

Our database of potential buyers is unrivalled by other transfer agents, and we’re proud of our relationships with potential buyers that allow us to understand exactly what they are looking for – meaning we can sell your business faster.

We offer local, regional and online advertising, and have extensive links to finance through a variety of financial institutions which help to complete your sale.

Thinking of Selling

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Disclaimer - Property reference 590780. 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 Ernest Wilson & Co Limited, EW Leeds. 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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