£495,000
Pub/bar for saleLicenced Trade, Pubs & Clubs DN9, Haxey, North Lincolnshire
7 beds
Business
Freehold
About this property
Outstanding value for money
Retirement sale after 24 years
Multi income stream business
Pleasant village community
Pub, restaurant and seven modern guest rooms in Doncaster for Sale.
Under the same family ownership for the last 24 years and constantly improved and regularly refurbished. A pleasant village pub with connecting restaurant, games and party room, plus a purpose-built extension offering seven high quality bedrooms, all en-suite. A lift offers access for all, especially disabled guests who can enjoy a fully disabled persons compliant twin room and bathroom.
A real favourite for locals and visiting guests, with a friendly welcoming atmosphere, good service and very reasonable pricing. Free of tie pub with a late licence on Friday and Saturday, plus a food offering from the attached 36 cover restaurant and exceptionally well-equipped catering kitchen. Currently let to Indian cuisine chefs on a short-term rolling lease, new owners can keep the informal lease arrangement and enjoy a rental income of £2,000 per calendar month or choose to add their own food service offering to the pub operation. This is a great arrangement as a great deal of drink sales are generated from the restaurants customers and served from the pub’s bar.
The business - Run at a leisurely pace by its two owners who now wish to retire, plus three part-time staff and a self-employed cleaner, the business generates a net turnover of almost £185,000 per annum excluding VAT and shows a healthy adjusted net profit of circa £50,000. Energetic and ambitious new owners could most certainly take advantage of a raised profile on social media, as most of the hotel business comes via word of mouth only, and promoting events and regular entertainment would undoubtedly generate a lot more income. The pub currently only opens from 4pm.
The premises - Pub and Restaurant: Traditional looking village pub with long bar serving the snug, bar lounge and games room. Behind the bar is the restaurant kitchen, extremely well fitted and equipped including a walk-in chiller. 36 cover restaurant. Customer toilets. The bar has a ground floor beer cellar for ease of operation. The games room is equipped with lights and sound system for live music, a pool table and large flat screen TV’s.
Guest Rooms: The pub had a two-storey modern extension built on to the back in 2006 at a cost of £300,000. Fully sound-proofed, regularly refurbished and with the added benefit of a lift to the first-floor rooms. Seven guest rooms of varying and flexible bed arrangements accommodating up to 14 guests, all with en-suite bathrooms. Free WiFi, tea and coffee making facilities and flat screen TV’s. One bedroom en-suite flat for managers / owners. The premises benefit from an air-conditioning system which blows hot and cold air.
The village - A particularly quaint and attractive village centrally placed a twixt Gainsborough, Doncaster and Scunthorpe, making for a wide catchment area. Superb motorway links to M18, M180 and the A1(M). Semi-rural village with some affluent hamlets in the region.
Under the same family ownership for the last 24 years and constantly improved and regularly refurbished. A pleasant village pub with connecting restaurant, games and party room, plus a purpose-built extension offering seven high quality bedrooms, all en-suite. A lift offers access for all, especially disabled guests who can enjoy a fully disabled persons compliant twin room and bathroom.
A real favourite for locals and visiting guests, with a friendly welcoming atmosphere, good service and very reasonable pricing. Free of tie pub with a late licence on Friday and Saturday, plus a food offering from the attached 36 cover restaurant and exceptionally well-equipped catering kitchen. Currently let to Indian cuisine chefs on a short-term rolling lease, new owners can keep the informal lease arrangement and enjoy a rental income of £2,000 per calendar month or choose to add their own food service offering to the pub operation. This is a great arrangement as a great deal of drink sales are generated from the restaurants customers and served from the pub’s bar.
The business - Run at a leisurely pace by its two owners who now wish to retire, plus three part-time staff and a self-employed cleaner, the business generates a net turnover of almost £185,000 per annum excluding VAT and shows a healthy adjusted net profit of circa £50,000. Energetic and ambitious new owners could most certainly take advantage of a raised profile on social media, as most of the hotel business comes via word of mouth only, and promoting events and regular entertainment would undoubtedly generate a lot more income. The pub currently only opens from 4pm.
The premises - Pub and Restaurant: Traditional looking village pub with long bar serving the snug, bar lounge and games room. Behind the bar is the restaurant kitchen, extremely well fitted and equipped including a walk-in chiller. 36 cover restaurant. Customer toilets. The bar has a ground floor beer cellar for ease of operation. The games room is equipped with lights and sound system for live music, a pool table and large flat screen TV’s.
Guest Rooms: The pub had a two-storey modern extension built on to the back in 2006 at a cost of £300,000. Fully sound-proofed, regularly refurbished and with the added benefit of a lift to the first-floor rooms. Seven guest rooms of varying and flexible bed arrangements accommodating up to 14 guests, all with en-suite bathrooms. Free WiFi, tea and coffee making facilities and flat screen TV’s. One bedroom en-suite flat for managers / owners. The premises benefit from an air-conditioning system which blows hot and cold air.
The village - A particularly quaint and attractive village centrally placed a twixt Gainsborough, Doncaster and Scunthorpe, making for a wide catchment area. Superb motorway links to M18, M180 and the A1(M). Semi-rural village with some affluent hamlets in the region.
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