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Freehold Public House In Gwent For Sale

Abertillery, Gwent
Asking Price:
£210,000
Sales Revenue:
£114,777
Cash Flow:
Available on request

FREEHOLD PUBLIC HOUSE (FREE OF TIE) - GWENT
Within a housing estate in the town of Abertillery, Gwent
Early interest and viewing is highly recommended
Owners 4 bedroom accommodation
Advised annual turnover £114,777
Established since the 1861
Scope for food and B&B
Genuine reason for sale
Wet sales only
FREEHOLD

Business History
We are privileged to offer to the market this well respected public house. The business has a wealth of trading history dating back to 1861 and has been in the careful hands of our client for the last 13 ½ years. This superb concern is being offered to the market due to our client's wish to move abroad. During our client's ownership they have gone to considerable expense and effort on the presentation of the property and are very generously including fixtures and fittings in the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. The pub is free of tie and has an annual turnover of £114,777 based on 100% wet sales. They have a good cross section of customers and benefits from regular, repeat trade and have a darts and pool team. The pub has its very own skittle alley along with a team and this proves to be very popular. The business is owner operated and has just 1 part time member of staff. We believe the business has further scope to increase turnover by serving food increasing trading hours and you could use the 3 bedrooms on the first floor for B&B and retain the attic flat for owner's accommodation. Early viewing is highly recommended as this business cannot be missed.

Property information

Property:

Freehold

Location:

This large detached freehold public house is located in the town of Abertillery in Gwent. It's accessed via the A467 from the A465 and is just 7 miles from Abergavenny, 7 miles from Cwmbran, 8.5 miles from Merthyr Tydfil and 16 miles North West of Newport. Abertillery is very scenic and has a traditional-style town centre which is within a 5 minute walk along with several schools.

Premises Details:

Detached freehold free of tie public house briefly comprising; GROUND FLOOR Front bar with servery, pool table, darts board and 2 x TVs, skittle alley, lounge bar with servery, hard and soft seating, ladies & gents toilets and disabled toilets First floor owner's accommodation Games room/lounge Laundry room (could be catering kitchen) 3 x double bedrooms Kitchen Lounge Bathroom with corner bath, toilet and wash basin Attic flat Double bedroom Lounge Kitchen Shower room with shower, toilet and wash basin Cellar (below ground) 1x main cellar room EXTERNAL Rear yard with parking for 5 vehicles 2 x brick built single garages 1 x metal erected single garage Front beer garden

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