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TRADITIONAL AND PROFITABLE FREEHOLD PUBLIC HOUSE BORDERING THE VIBRANT CITY OF SHEFFIELD AND THE MARKET TOWN OF ROTHERHAM IN SOUTH YORKSHIRE

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  • Well positioned close to highly populated areas.
  • Refurbished Public Bar with Pool Table.
  • Refurbished Snug (circa 20) with flatscreen TV.
  • Outside seating (circa 50) and car park.
  • 3/4 bedroomed Owner’s Accommodation.
  • Potential to generate letting room(s) or extend Pub Trading Areas.
  • Advised turnover for 12 months ending Sept 2022 is circa £265,000 (incl. VAT).
  • Trade is 100% wet sales – potential for catering as large ground floor Domestic Kitchen could be converted (Subject to any consents).
A GOOD OPPORTUNITY TO ACQUIRE AN ESTABLISHED BUSINESS WITH SIGNIFICANT POTENTIAL FOR CATERING AND TO EXTEND THE TRADING AREAS


ASKING PRICE £235,000 FREEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

The business is located 3 miles to the East of The Centre of The City of Sheffield close to the border with Rotherham (Town centre 2 miles) around a mile from junction 34 of the M1 (Tinsley Viaduct.)

The business is located close to Sheffield suburbs of Wincobank and Ecclesfield and a mile from the Meadowhall Shopping Complex, the largest of its kind in Yorkshire and 11th largest in The UK which attracts circa 30 million visitors each year. The centre boasts around 280 store outlets, a multi screen cinema and a variety of restaurants.

The City of Sheffield has a population of circa 575,000 and the wider metropolitan population of Sheffield District is the 3rd largest English District by population.

The city is in the Eastern foothills of The Pennines and the valleys of the River Don and its tributaries. A third of the city lies within the Peak District National Park. The city has more than 250 parks, woodlands and gardens.

Sheffield has a long sporting heritage and is home to the world’s oldest football club- Sheffield F.C. It is also the home of The World Professional Snooker Championship which has been played annually at The Crucible Theatre since the 1970’s.

THE PROPERTY

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

The ground floor trading areas have been refurbished giving a modern and light appearance. They are served by a central bar and include:

Public Bar (circa 26 seated + standing) to the rear with tiled flooring. The walls are part painted wooden panelling. Seating is provided by a mixture of upholstered perimeter seating and chairs around free standing tables. There is a pool table, games machine and juke box (please note, we are advised these are all on rental agreements).

Access from bar to Ladies and Gents W.C.s

A Separate Snug (circa 20) to the front of the building is carpeted throughout, and seating is provided a mix of benches and chairs around free standing tables.

The business is served by a well-proportioned, fully equipped ground level Cellar and Bottle Store.

OWNERS ACCOMMODATION

The owners’ accommodation is laid out across the ground and first floors. On the ground floor is a well-proportioned kitchen/Diner and lounge. On the first floor there are 3 large double bedrooms and a family bathroom. There is a further large room that could be used as a bedroom or as a lounge and dining room – it could even incorporate a domestic kitchen area subject to any necessary consents.

The ground floor Kitchen and Lounge could potentially be used to extend the trading areas and provide an additional Snug Area and a Catering Kitchen (subject to any necessary consents).

There is a private paved area to the side of the owners’ accommodation which gives private access to the largest room on the first floor therefore offering additional letting potential subject to any necessary consents.

The owners have use of a single secure garage.

EXTERNAL

To the front of the property there is seating (circa 24) provided by 4 large wooden bench tables and a large car park with parking for around 20 cars.

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

Current opening hours are:

Mon - Friday 3pm to 11pm

Friday 12noon to 11pm

Saturday 12noon to Midnight

Sunday 12noon 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

This business has been in the family for 16 years and they have enjoyed a profitable business for over a decade. The business is being offered for sale so that they can enjoy a well-earned retirement.

Attracting local customers, the pub also holds weekly ‘Rock and Bike’ nights in the summer. It has also been offering Tum’s Street Food from an external food truck.

We are advised that accounts declare takings of circa £127,800 (incl.of VAT) in the year to end March 2020. However, trade has now increased and the 12 month VAT returns from 01/10/2021 to 30/09/2022 show a turnover of circa £265,000 incl VAT.

The business has been run at a pace to suit over recent years and offers potential to increase turnover and profitability through extending opening hours, extending trading areas and providing a food offering.

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

The property was viewed by Helen Russell who would be delighted to discuss further details and can be contacted on 07968 376590.

Viewing appointments must be made via Guy Simmonds on 01332 865112.

Details Prepared: November 2022

ADDITIONAL IMAGES

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