Leasehold Public House Located in West Shotton Deeside For Sale

West Shotton, Cheshire, United Kingdom

Advert ref: 10710

Business description

Bag a Business is delighted to offer to the market this popular public house that originally traded as a hotel. The business has been under the careful ownership of our clients since 2005, and they have spent considerable time and money redecorating as well as developing the trade to a level where the hotel aspect of the business could be re-opened. The Clywd is only now being placed on the market due to our client's wish to look for a new challenge. The business has an exceptionally high turnover of £351,500 derived purely from wet sales. Trade has been increased to this level through the reputation that our clients have developed, with a strong local customer base gained through the introduction of discos, live bands and karaoke nights. This opportunity would lend itself to either a first time purchaser looking for a turnkey lifestyle change opportunity or alternatively, an experienced publican who wishes to take on the challenge of developing a hotel business.

Property:

Leasehold

Lease terms

Leasehold Original lease length: 10 years Remaining lease length: 6.4 years Rent: £38,000 per annum

Living accomodation

An imposing four-storey building with an attractive wide frontage opening onto the high street, briefly comprising: GROUND FLOOR Spacious main bar area used for live entertainment with 14 taps and ample seating Games room with pool table and boxing game Private lounge with darts board and bar Toilets Access to the rear Access to the first floor FIRST FLOOR Large spacious landing leading to: Dining room that opens into a recently refurbished kitchen Bathroom with three piece suite and free standing shower cubicle Utility room Office Lounge Conference room SECOND FLOOR Six double bedrooms all with feature fireplaces Shower room with toilet and wash basin EXTERNAL Yard with space for bins Smokers area Outbuilding currently utilised as a boxing club

Location

The Clywd is ideally situated amongst a parade of shops and complementary businesses on the main road running through Shotton, with free car parking available in the many nearby car parks. Trade is predominantly drawn from its excellent location, which guarantees high levels of footfall, particularly at the weekends and Thursday nights. There continues to be significant investment in the many developing and newly constructed industrial parks in the Flintshire area, which are currently attracting a large numbers of contractors that would offer a prospective purchaser a strong customer base if they wished to convert the business back into a hotel. The town is easily accessed from both the A55 and A494, which links Wales to England.

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Financial details

Asking price:£160,000

Sales revenue:£350,000

Net profit:Undisclosed

Furniture / Fixtures value: Undisclosed

Inventory / Stock value: Undisclosed