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Details about  Beautiful Public House for Sale

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Beautiful Public House for Sale
Beautiful-Public-House-for-Sale
Item Ended
Item condition:
--not specified
Ended:
09 Jul, 2014 20:51:20 BST
Price:
Item location:
Worcester, United Kingdom

Description

eBay item number:
191211257064
Seller assumes all responsibility for this listing.

  FIND US IN THE CAMRA GOOD BEER GUIDE OR AT 

www.the-wheatsheaf-inn.com

FOR MORE INFO CALL: 07891668030

B BUSY ROADSIDE LOCATION WITH VIEWS ACROSS WORCESTER RACE COURSE AND DOWN TO THE RIVER SEVERN

v  CLOSE PROXIMITY TO UNIVERSITY CAMPUS

v  RECOGNISED IN CAMRA GOOD BEER GUIDE

v  UNIQUE OPPORTUNITY TO BUY

v  100% WET SALES – MASSIVE POTENTIAL

v  PLANNING PERMISSION GRANTED FOR RESTAURANT DEVELOPMENT AT REAR

v  T/O IN EXCESS OF £200,000 PER YEAR

FREEHOLD OFFERS IN THE REGION OF £275,000

 

THE WHEATSHEAF INN

The Wheatsheaf Inn is a charming unspoilt Grade 2 Listed Public House located in St Johns, Worcester, 1 mile from the city centre and a 1 minute walk from the University of Worcester Henwick Park Campus. The pub benefits from river and Cathedral views to the rear, with access via a public footpath to the river towpath. The pub is recognised in the CAMRA Good Beer Guide with a very well established local trade and is currently being operated by a full time manager living on site.  The traditional bar area is accessed directly from the road with 2 bedroom living accommodation above. To the rear is a 45 square metre sun deck with function room and storage beneath.  This area has planning permission granted for development into a 2 story restaurant with internal spiral staircase. This area also has significant potential for alternative development into further accommodation. A steep staircase at the rear leads down to the public footpath and river access.

THE BUSINESS

The business is currently being run by a full time manager living on site. The business is currently trading as a traditional wet led public house with a turn over of approximately £200,000 per year. Full audited accounts are available upon request  but prospective purchasers will need to reach their own conclusion as to the potential trade and profitability which can be enjoyed at this outlet.

LICENCE

Full details of the Premises Licence for the business can be provided upon request but the business currently operates daily between the hours of 12.00pm and 00.00am.

SERVICES

All mains services are connected and the property has the benefit of gas fired central heating.

TENURE & PRICE

FREE HOLD OFFERS INVITED in the region of £275,000 to include fixtures and fittings. Stock at valuation in addition.

VAT will apply on the sale of this property. It will be levied on the sale price of the freehold at the standard rate on 90% of the purchase price. Purchasers may wish to satisfy themselves with independent professional advice that this VAT may be reclaimed.

 

INVENTORY

The sale of the property will include trade fixtures and fittings which are in absolute ownership by the seller and in situ on completion. Any branded or leased items and any items owned by third parties will be excluded.

An inventory of fixtures and fittings will not be provided by the seller. If required, the buyer may obtain an inventory (approved by the seller) at its own cost. The Seller will not be required to remove any such items that remain on the property on completion. 

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