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The Royal Oak, High Street, Barrow-upon-Humber. DN19 7DB

Property Details
Agent Ref No: N10 1410
Category: For Sale
Business for Sale
Business Type: Pub Premises
Offer Type: Offers in the region of
Price: £89,950.00
Rent: Not Applicable
Yield: Not Applicable
Further Property Details
Date Listed: 2008-08-27
Size:
Tenure: Leasehold
Min Rental Size: Not Applicable
Property Status: Business Currently Trading
More Than Business

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Description

PRICE REDUCED: Fantastic Opportunity To Purchase Village Leasehold * Regular Customer Base * Newly Acquired Extended Licensing Hours * Outstanding Trading Position * Good Profits With Scope To Increase * Large Beer Garden * Good Parking * Opportunity To Increase Food * Viewing Essential

Business:
Operating from substantial detached premises of real character and charm, the business primarily provides all the spacious and well fitted traditional licensed bar and games facilities associated with an establishment of this kind and has become a popular venue of occasional music entertainment evenings.

Location:
This business benefits from a prominent position on the busy high street in an attractive, well-populated residential village, situated on the outskirts of the historic market town of Barton-On-Humber.

Premises:
Ground Floor
Vestibule entrance leading into a spacious, inter-connecting lounge and public bar areas, fitted carpets and a good mix of fixed and loose furnishings in addition to a prominent fully fitted and equipped licensed servery with full range of optics, draught pumps, chilled bottle display cabinets and electronic till points etc.

Catering Kitchen:
A fully fitted and equipped working kitchen housing ample work surfaces, storage units, a full range of catering appliances and a fully equipped washing up kitchen area.

A good sized adjoining general dry good store

Beer & Bottle Cellar:
Adjoining the kitchen is a fully fitted and equipped trade beer cellar/bottle store.

Private Accommodation:
Good sized lounge and fully fitted domestic kitchen/ breakfast room, together with 3 bedrooms, a small private office/study, a further room that is currently employed for storage purposes and a fully fitted family bathroom/WC.

Outside:
The exterior of the premises are well signed and boast a substantial private patron’s car park capable of accommodating in excess of 30 vehicles. The premises also has a large, well maintained public beer garden area with outbuildings consisting of a block of 3 private garages.

Opening Hours:
Sunday – Thursday
12noon – 12midnight
Friday & Saturday
12noon – 1am

Staffing Details:
6 part time

Rates:(1)
Approx. £9,000 pa.

Tenure Details:(1)
Leasehold
Lease Term: 30 years
Term Remaining: 27 years
Reviews 5 yearly.

Rent:(1)
Approx. £4,500 pm.

Price:
Price Reduced
£89,950 + SAV
Or nearest offer

Turnover:(1)
In excess of £300,000 per annum with split of approx. 85% wet, 15% dry.

Reason for Sale:
Other business interests.

Additional Notes
This business would benefit from a keen purchaser, with enthusiasm to continue growth and increase profitability.