Public House in Rugby

Rugby, Warwickshire
REF: 04097

Asking Price:
£79,999
Annual Turnover:
£320,000
Annual Net Profit:
TBC
Reduced
Recently Sold
REF: 04097
Photo of Public House in Rugby
Photo of Public House in Rugby
Photo of Public House in Rugby
Photo of Public House in Rugby

Overview

Tenure:
Leasehold
Established:
1800
  • Excellent Reputation
  • Huge growth potential

A fantastic opportunity has arisen for a new buyer to purchase a well-established and historic public house in Rugby, Warwickshire.
Celebrated as one of the oldest public houses in the area, the business has enjoyed consistent levels of growth and is highly-regarded within the local vicinity.
Offering a range of community based activities such as pool, skittles and sponsorship of the local football team for many years, the business operates at the heart of the area and enjoys a loyal customer base year-round.

The business acts as a popular public house in Rugby, Warwickshire. Ideally located on the busy high street, the business is one of the oldest public houses in the Rugby area, dating back to the 1800s.
Highly-regarded within the local area, the business offers a welcoming atmosphere and true community spirit, such as pool tables, skittles and football teams, along with live entertainment and events.
The business is clearly recognisable due to its prominent high street position and large clear signage. Internally, the décor is traditional with an abundance of character, which has assisted the current owners to create a welcoming and family-friendly environment. In addition to the main bar area, there is a lounge and further games room which holds space for skittles, a pool table and a modern jukebox. To the rear of the building is a fully-fitted kitchen, which is only currently used on a Sunday. Upstairs is the large owner’s accommodation which has excellent development potential for B&B usage. Outside is a popular children’s playground with customer parking readily available nearby.
The property is free of tie, and is on a fully maintainable lease agreement.

Intelligent Business Transfer are pleased to offer to the market a fantastic opportunity to acquire an historic and popular public house in Rugby, Warwickshire.
The current owners pride themselves on providing a welcoming and family-friendly ambiance, positioning the business at the heart of the community.
Operated by the current owners since 1993, there has been a public house on the premises since the 1800s making it one of the oldest in the Rugby area.

The business achieves an annual turnover of £320,000, replying on strong community ties and excellent customer relations for its impressively consistent turnover. It benefits from a large area upstairs, currently used as owner accommodation but with ample space to be converted into a B&B. The addition of this service would enable the business to increase profitability significantly. Currently the business does not have a website and relies on a limited Facebook page for advertising. Growing the online presence of the business and implementing local advertising will help to reach a new and larger customer base.

With a strong turnover and unique, historical premises, this is an ideal opportunity for a new buyer to acquire a highly-regarded public house in an affluent location.
Intelligent Business Transfer have been requested to find a suitable buyer.

Location

Property

Annual Rent
£34,000
Annual Rates
£14,000
Lease Term (Years)
20
Lease Expiry (Year)
TBC
Accommodation Included
TBC
EPC Rating

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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