The business for sale is a well regarded, traditional pub based in Hereford. Ideally tucked away in a bustling, city centre location, the establishment has quickly become a hotspot for locals and tourists alike – with a number of positive reviews on sites such as TripAdvisor and Facebook.
Also known for their delicious food options, the business offers a Greek inspired menu to its patrons – serving fresh, tasty dishes to their hungry punters.
The business is offered on a leasehold basis, the terms of which also include a two bedroom flat above the premises. With a potential rental income of around £800 p/m, the apartment could either be used as an additional source of income – or as easily accessed living accommodation for a new owner.
Ideally tucked away in the centre of Herford, customers enter from the street straight into the main pub area. A large space complete with a traditional wooden bar, the pub is separated in to two seating areas – with space available for up to 45 covers at a time.
To the rear of the property a corridor leads to the customer toilets and provides access to behind the bar. Externally there is a beer garden to the rear, with room for an additional 45 covers. To the second floor is a two bedroom apartment, ideal for a live in landlord or to generate extra income.
Equipped with all of the necessary fixtures and fittings to smoothly run a bar and restaurant, the majority of the equipment is included in the sale price – such as; ovens, fridges, freezers, tables, chairs and crockery.
This would be the perfect opportunity for an experienced pub owner searching for a well established business with a fantastic reputation.
With sales currently sitting at around a 90:10 wet dry split, an increased focus on the catering side of the business could unlock a wealth of growth potential. Further marketing the restaurant, and perhaps even offering takeaways and deliveries, could see a significant increase in profits.
The vendors have advised they would be willing to stay on for a transitional period, should a new owner require.