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St. Helens. WA10 2AY

Business for Sale in St. Helens, Merseyside
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Property Details
Agent Ref No: L5137
Category: Business for Sale
Business Type: Pub Premises
Offer Type: Offers in the region of
Price: £350,000.00
Rent: Not Applicable
Yield: Not Applicable
Further Property Details
Date Listed: 2008-11-19
Size:
Tenure: Leasehold
Min Rental Size: Not Applicable
Property Status:
More Than Business

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B2B Commercial Mortgage

B2B
  • Up to 89% LTV
  • Rates from 6.5% APR
  • Borrow from £50k - £40 million
  • NO BROKER FEE!

Description

PUBLIC HOUSE. ST. HELENS. Free of ties. Extensively refurbished 2005. Well equipped catering kitchen. Function room. 60 cover eatery. Long lease 600 years.

Location
Located in a built up residential and commercial area of St. Helens within a densely populated location next to St. Marys RC church.

Business History
The business has been established since 2005. The vendors have refurbished the property to a very high standard including a new kitchen.

Business Profile
A free of ties public bar with an extensive lounge area and dining area. Entertainment is via three plasma TV's, benefiting from local client and passing trading. The vendor has introduced hot/cold foods with 60 covers benefiting from a new catering kitchen.

Financial Profile
The vendor will be happy to discuss all financial aspects of the business with prospective purchasers.

Tenure
Long Leasehold. 600 year lease with 480 years remaining. Also available sub-leasehold business at £160,000 rental £26,000 per annum. The landlords will be willing to negotiate a new sub-lease with potential purchasers.

Opening Hours
Monday to Thursday 11.00am - 12.00pm Friday to Saturday 11.00am - 2.00am. Sunday 11.00am 12.30am.

Staffing
2 x full time. 2 x part time.

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