£80,000
Pub/bar for salePub, Southminster CM0
Leasehold
About this property
An exciting opportunity to take over a well-established leasehold pub with a spacious 3-bedroom flat and 2 mobile homes in a charming South Essex village.
Key features
Traditional Freehouse Pub – Well-loved by locals, with a strong community presence
Fully Equipped Bar – Currently no food offering, providing huge potential to introduce a food menu & increase turnover
Over 100 Covers Inside – Spacious dining and drinking areas
Outdoor Seating for 50 Covers – Perfect for summer trade
Large Car Park – Space for 30-40 vehicles
Three-Bedroom Flat – Spacious owner’s accommodation or potential rental income
Prime Village Location
Turnkey Business – Ideal for an experienced publican or first-time buyer
This pub offers a fantastic opportunity to run your own business in a sought-after Essex location. Whether you’re looking to continue a successful village pub or bring a fresh new vision, this property has huge growth potential!
Contact us today for more details or to arrange a viewing! RX521288
Location
The premises is situated in a fantastic trading location within a densely populated residential community, located diagonally opposite a park
Tenure
5-year lease with approximately 4.5 years remaining at a current rent of £39,600 per annum exclusive
Premises
Destination location with entrance to a driveway with a car park that can accommodate 30 – 40 vehicles. There is external seating that is currently set out for approximately 50 covers, however could accommodate more if required. A single glazed entrance door, leads into an entry way with further door leading into the premises which ground floor measures approximately 2,150 sq ft and is arranged as follows:
Main Pub Area
Laminate flooring, suspended ceiling, spot lighting, hanging feature lighting, TV and CCTV throughout. This area is arranged to provide a comfortable 100 covers, but could accommodate more if required. A large wraparound bar behind which is equipped with draft beer pumps, alcohol display shelving, large double display drinks fridge x 2, single display drinks fridge, under counter wine fridge x 2, triple display fridge, till system, glass washer, and stainless steel sink
Store Rooms
One door at the rear of the bar area leads through to a store area which has ground floor cellar housing the kegs and various racking, store room equipped with 2 x large upright fridge, large upright freezer, chest freezer, ice machine, washing machine, stainless steel sink, stainless steel prep table with under counter refrigeration
Commercial Kitchen
A door from this area leads into a commercial kitchen equipped with a large commercial extractor system, twin basket fryer, large oven with 5 hobs. Kebab roller grill, Lincat induction double hob, 2 x ovens, various stainless steel prep tables, heated pass through, stainless steel prep table with under counter refrigeration x 2, microwaves x 2, buffalo grill, double stainless steel sink and wash hand basin. An opening from the kitchen leads into a small dry store with racking, stainless steel prep table and chest freezer. Back in the main pub area there is a door to the right hand side of the bar which leads into separate ladies and gents WC’s. An opening from the bar area leads through to a games room equipped with a pool table and dart board. This area also houses a WC with baby changing facilities and a staff WC
Mobile Homes
At the rear of the property are 2 mobile homes which are included within the lease, these were not inspected by the agent, these are currently occupied by staff members of the business
Living Accommodation
There is first floor living accommodation that can be self-contained, which is currently occupied by the vendor and is arranged to provide a large living room, kitchen, bathroom and 3 bedrooms. This accommodation was not inspected by the agent
Trading Hours
Sunday - Thursday 12 pm - 10 pm, Friday and Saturday 12 pm - 11 pm. During the low season of January and February, the business only opens 3 pm - 9 pm
Staff
The business is run by the vendor with the assistance of 2 full time and 2 part time members of staff
Turnover
We are advised the turnover from April through to December averages approximately £10,000 - £12,000 per week working to the usually high gross profit margins associated with the trade. In the low season of January through to March the turnover averages approximately £5,000 per week. The business does not offer food, so this leaves massive scope to increase the turnover, should a purchaser wish to introduce this
Business Rates
We are advised by the vendor that there are no business rates payable, should small business rate relief apply to a purchaser
Legal Costs
Each party to be responsible for their own, with the landlords legal costs to be split 50/50
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission
Key features
Traditional Freehouse Pub – Well-loved by locals, with a strong community presence
Fully Equipped Bar – Currently no food offering, providing huge potential to introduce a food menu & increase turnover
Over 100 Covers Inside – Spacious dining and drinking areas
Outdoor Seating for 50 Covers – Perfect for summer trade
Large Car Park – Space for 30-40 vehicles
Three-Bedroom Flat – Spacious owner’s accommodation or potential rental income
Prime Village Location
Turnkey Business – Ideal for an experienced publican or first-time buyer
This pub offers a fantastic opportunity to run your own business in a sought-after Essex location. Whether you’re looking to continue a successful village pub or bring a fresh new vision, this property has huge growth potential!
Contact us today for more details or to arrange a viewing! RX521288
Location
The premises is situated in a fantastic trading location within a densely populated residential community, located diagonally opposite a park
Tenure
5-year lease with approximately 4.5 years remaining at a current rent of £39,600 per annum exclusive
Premises
Destination location with entrance to a driveway with a car park that can accommodate 30 – 40 vehicles. There is external seating that is currently set out for approximately 50 covers, however could accommodate more if required. A single glazed entrance door, leads into an entry way with further door leading into the premises which ground floor measures approximately 2,150 sq ft and is arranged as follows:
Main Pub Area
Laminate flooring, suspended ceiling, spot lighting, hanging feature lighting, TV and CCTV throughout. This area is arranged to provide a comfortable 100 covers, but could accommodate more if required. A large wraparound bar behind which is equipped with draft beer pumps, alcohol display shelving, large double display drinks fridge x 2, single display drinks fridge, under counter wine fridge x 2, triple display fridge, till system, glass washer, and stainless steel sink
Store Rooms
One door at the rear of the bar area leads through to a store area which has ground floor cellar housing the kegs and various racking, store room equipped with 2 x large upright fridge, large upright freezer, chest freezer, ice machine, washing machine, stainless steel sink, stainless steel prep table with under counter refrigeration
Commercial Kitchen
A door from this area leads into a commercial kitchen equipped with a large commercial extractor system, twin basket fryer, large oven with 5 hobs. Kebab roller grill, Lincat induction double hob, 2 x ovens, various stainless steel prep tables, heated pass through, stainless steel prep table with under counter refrigeration x 2, microwaves x 2, buffalo grill, double stainless steel sink and wash hand basin. An opening from the kitchen leads into a small dry store with racking, stainless steel prep table and chest freezer. Back in the main pub area there is a door to the right hand side of the bar which leads into separate ladies and gents WC’s. An opening from the bar area leads through to a games room equipped with a pool table and dart board. This area also houses a WC with baby changing facilities and a staff WC
Mobile Homes
At the rear of the property are 2 mobile homes which are included within the lease, these were not inspected by the agent, these are currently occupied by staff members of the business
Living Accommodation
There is first floor living accommodation that can be self-contained, which is currently occupied by the vendor and is arranged to provide a large living room, kitchen, bathroom and 3 bedrooms. This accommodation was not inspected by the agent
Trading Hours
Sunday - Thursday 12 pm - 10 pm, Friday and Saturday 12 pm - 11 pm. During the low season of January and February, the business only opens 3 pm - 9 pm
Staff
The business is run by the vendor with the assistance of 2 full time and 2 part time members of staff
Turnover
We are advised the turnover from April through to December averages approximately £10,000 - £12,000 per week working to the usually high gross profit margins associated with the trade. In the low season of January through to March the turnover averages approximately £5,000 per week. The business does not offer food, so this leaves massive scope to increase the turnover, should a purchaser wish to introduce this
Business Rates
We are advised by the vendor that there are no business rates payable, should small business rate relief apply to a purchaser
Legal Costs
Each party to be responsible for their own, with the landlords legal costs to be split 50/50
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission
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