8197F

A WELL PRESENTED FREEHOLD INN WITH ATTRACTIVE OWNERS ACCOMMODATION LOCATED WITHIN A SUBURB OF THE BUSTLING TOWN OF DARLINGTON COUNTY DURHAM

8197F


SOLD BY GUY SIMMONDS

  • Well positioned close to highly populated areas.
  • Public Bar (circa 26).
  • Separate Snug (circa 20) offering Games Room potential.
  • Outside seating to rear of property (circa 24).
  • Domestic Kitchen offering potential to introduce light snacks and sandwiches.
  • Well Proportioned 3 Bedroom Owners Accommodation with Lounge, Bathroom, Conservatory and Private Kitchen.
  • Advised turnover Y/E January 2018 of circa £32,500 (excluding VAT).
  • Business has been run at pace to suit over recent years and offers considerable potential to new hands on operators.
  • Change of use/Development potential (STPP).
  • Trade split is 100% wet sales.
A FANTASTIC OPPORTUNITY TO ACQUIRE AN AFFORDABLE FREEHOLD BUSINESS WITH CONSIDERABLE POTENTIAL IN WELL POPULATED LOCATION


ASKING PRICE: OFFERS OVER £89,000 TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

The business is located 1 mile from Darlington Town centre within easy reach of the A66 dual carriageway which leads to the arterial A1 Motorway.

Darlington is a large market town in County Durham, North East England. with a population of 92,363 (2011 Census), the town lies on the River Skerne, a tributary of the River Tees. The town is administered as part of the Borough of Darlington and owes much of its development to the influence of local Quaker families in the Georgian and Victorian era, and who provided much of the finance and vision in creating the Stockton and Darlington Railway, the world's first steam locomotive powered, permanent passenger railway.

Darlington lies within easy reach of the North East Coast and the Historic City of Durham and is well positioned to the eastern edge of The Yorkshire Dales National Park.

THE PROPERTY

The property is 2 storey building of brick construction under a tiled roof.

The ground floor trading areas are served by a single bar and comprise:

Public Bar (circa 26) Seating is provided by a mixture of bench seating and chairs around free standing tables.

Access from bar to Ladies and Gents W.Cs.

A Separate Room (circa 20) to the front of the building is carpeted throughout, and seating is provided by chairs around free standing tables and offers potential to be developed as a Games Room.

The business is served by a well proportioned, fully equipped Cellar.

The business does benefit from a Ground Floor Domestic Kitchen with electric hob and a range of wooden cupboards.(Appliances not tested).

OWNERS ACCOMMODATION

The owners’ accommodation is laid out across the first floor and comprises: Kitchen, 2 Double bedrooms and 1 Single bedroom, all with fitted wardrobes. Attractive lounge with separate conservatory, Family Bathroom.

EXTERNAL

To the rear of the property there is seating (circa 20) provided by 5 large wooden bench tables. A designated smoking shelter is provided.

N.B. please note we are advised that this beer garden area has been part of the pub for 30 years but we been made aware, subsequent to preparing these sales particulars, that it is not included on the land registry. However our vendor client has informed us they will instruct their solicitor to attempt to rectify this prior to completion taking place.

TRADING HOURS

We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:

Mon to Friday 11am to 11pm

Saturday 11am to Midnight

Sunday 12noon to 10:30pm

The business currently trades on an ad-hoc basis during the hours of:

Mon - Friday 11am to 11pm

Saturday 11am to Midnight

Sunday 11am to 10.30pm

NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House.

GENERAL REMARKS

The property and business is being offered for sale freehold (although we have not had sight of the title deeds). All mains services are connected with gas central heating (no services tested). Business rates payable are advised currently as being nil.

THE BUSINESS

The current owners purchased the business in 2005 and have previously enjoyed a profitable business for many years. The business is being offered for sale so that they can enjoy a well-earned retirement.

We are advised that accounts declare takings of circa £32,500 (exc VAT) in the year to end January 2018, from 100% wet sales.

For genuine personal reasons the business has been run at a pace to suit over recent years and offers significant potential to increase turnover through the extending of opening hours and/or the introduction of light snacks/ sandwiches.

Viewing is Highly Recommended.

Accounting information will be made available to interested parties after viewing.

Viewing appointments must be made by contacting Guy Simmonds at sales@guysimmonds.co.uk.

Details Prepared: January 2019.

ADDITIONAL IMAGES

8197F

8197F

8197F

8197F

8197F

8197F