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Listed
27/01/22
Status
For Sale
Tenure
Leasehold
The Whitehouses Inn, London Road, Retford, Nottinghamshire DN22 See map

Details

FOOD LED PUBLIC HOUSE in Nottinghamshire for Sale. Fabulous opportunity to acquire this thriving, food led public house which achieves not only a particularly impressive average weekly turnover of £20,000 but works on EXCELLENT MARGINS and shows Adjusted Net Profits in excess of £60,000 on latest annual accounts, before government grants (Operating Profits in excess of £126,000) and management accounts following re-opening after the COVID lockdown (April to July inclusive) showing a turnover of £205,000 and a net profit in excess of £68,000. These stunning, landmark premises are held on lease with sensible rent and whilst tied our client pays release fees for wine, spirits and minerals and the Landlord has indicated that they would be prepared to grant a new, free of tie lease for a premium in excess of the current release fees of circa £4,000 per annum making this a free house. The premises have been extremely well maintained and are exceptionally well presented offering, super lounge bar / dining area with impressive, well fitted bar and beer cellar to rear. Waiter station and a separate dining area leads through to marquee which provides further covered dining space. Currently the business provides circa 80 covers. The commercial kitchen provides an impressive array of quality catering equipment with pot wash area. Small preparation room. Ladies and gents WC’s. First floor offers, owners / staff accommodation consisting: Lounge, fitted, domestic kitchen, three good bedrooms (one currently used as additional storage) and combined bathroom with shower over the bath. Externally: Large patron’s car park, refrigerated, walk-in cold room and currently unused caravan park. THIS IS A RARE OPPORTUNITY TO ACQUIRE A THRIVING PUB / RESTAURANT BUSINESS WHICH SHOWS EXCEPTIONAL PROFITS AND DUE TO OUR CLIENTS CIRCUMSTANCES, ONE THAT IS AVAILABLE AT A VERY SENSIBLE PRICE – EARLY VIEWING HERE COMES HIGHLY RECOMMENDED! EPC Band C.

Map

Licenced Trade, Pubs & Clubs

ID:

586946

Price

£40,000

Call 0113 238 2900 to request a viewing