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The Monkswood, 55, Monkswood Drive, Leeds. LS14 1DW

Property Details
Agent Ref No: N101267
Category: To Let
Business for Sale
Type: Pub / Bar
Other
Offer Type:
Price: £110,000.00
Rent: £40,000.00 per annum
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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Description

Excellent Opportunity to Purchase Three Businesses And 3 Three Bedroom Living Accommodation. Turnover Est. £210,000 for 2006

Business
This is a very rare opportunity to purchase three very well established businesses and three separate accommodation. The public house which is currently open 7 days a week provides wet trade only. The current owners, have been successfully running the pub for 9 years and have established an excellent community pub holding very successful weekly Quiz, Bingo and Race nights, with a disco and karaoke night on Fridays and live entertainment on Saturdays. The pub also holds Family and Fund raising events. The current owner retains 100% of the machine income. Although the pub has a pool area there is currently no pool team, however they are supported by a football team.
Current opening hours; Monday to Thursday 12 midday - 11pm and Friday and Saturday 12 midday - 12 midnight and opens 12 midday until 7.30pm on a Sunday, opening Bank Holidays and Christmas.
Retail Outlet 1 - General Grocery Store and Newsagents - Established business selling newspapers, general groceries, greeting cards and sweets and tobacco. Huge potential for new enthusiastic owner to develop the sales area and subtantially increase turnover and profits, currently sub-let with 2 years left of a renewable lease.
Retail Outlet 2 - Sandwich Shop and Fish & Chip Ship - An outstanding sandwich takeaway in a prime location with a very good reputation, although sub-let the day to day operation of this business is managed by the vendors. This business provides a super opportunity for enterprising new owners to build on the existing trade and promote the business further. There is potential to expand the business further with outside catering and sandwich deliveries, together with extending the opening hours. At present this business is sub-let with 4 years left of a renewable lease.

Premises
The pub accommodation briefly comprises of; Main bar and lounge with seating for upto 60. Small beer garden and patio.
Upstairs to the private accommodation there are three bedrooms, bathroom with separate shower, kitchen and lounge. Décor throughout is good
There are 3 three bedroom flats which are currently sub-let providing the vendor with a rental income of £380 per month, for each property.