Traditional Pub in Suffolk

Ipswich, Suffolk
REF: 03688

Asking Price:
£35,995
Annual Turnover:
£122,974
Annual Net Profit:
£15,619
Reduced
Recently Sold
REF: 03688
Photo of Traditional Pub in Suffolk
Photo of Traditional Pub in Suffolk
Photo of Traditional Pub in Suffolk
Photo of Traditional Pub in Suffolk

Overview

Tenure:
Leasehold
Established:
TBC
  • Excellent Reputation
  • Wide Variety of Products & Services
  • Very Loyal Customer Base
  • Huge growth potential

This is a fantastic opportunity to acquire a well established and highly regarded pub in the Suffolk area, which has been providing exceptional customer service, entertainment and food to its local inhabitants since the 16th century.
Having grown consistently year on year, the business has set firm foundations and by maintaining low overheads, has successfully generated high yearly income.
The current owner is seeking retirement and is looking to pass on this lucrative platform over to a new buyer. It is a turnkey operation which is primed for additional expansion.

This is a well-operated pub which offers a wide range of high quality food and drink, at competitive yet reasonable prices. It also hosts quiz nights, music events and bingo, which attracts local inhabitants.
Through offering timely, reliable and friendly customer service, the pub has secured a steady base of loyal customers with a healthy average spend.
It functions from a traditional 16th century building which features a large car park to the front and a garden with patio to the rear.
Internally, the premises is comprised of an open plan floor which features a bar accommodating 12 people, a TV room accommodating 8 and the main restaurant/seating area which can house up to 30 diners on tables and chairs.
There is a well equipped kitchen and toilet facility to the back of the floor and the upper level floor is comprised of three bedrooms, a bathroom and kitchen/lounge providing ample living accommodation.
Trading consistently throughout the year, the business has grown organically via word of mouth recommendations and from its website which showcases its menu and details its services.
The business has achieved a 5 star Hygiene rating as well as The 2011 Golden Paws Award for being a dog friendly environment.

Intelligent Business Transfer are delighted to offer to the market this reputable pub in Suffolk.
With a phenomenal annual turnover in excess of £122,000 and low overheads, this is a profitable business opportunity for a new buyer.

Growing the menu options to include more cafe style options, particularly Sunday lunch, would attract further patronage.
Hosting more events on a weekly basis would also benefit takings and it could look to carry out more quiz and bingo nights as well as introduce more BBQ/ fun days in the outside car park. Organising firework shows on bonfire night as well as on New Year’s Eve could also attract more local inhabitants.
Offering an external catering service for events, parties and to local businesses would also present an additional stream of revenue and it could potentially look to introduce a home delivery service which would help grow the customer base further.
Furthermore, increase advertising via social media, JustEat, TripAdvisor and HungryHouse would also be beneficial.
Intelligent Business Transfer have been tasked with finding a suitable buyer.

Features

Online Presence

Website: www.witneshambarleymow.co.uk

Location

Property

Annual Rent
£13,500
Annual Rates
TBC
Lease Term (Years)
10
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

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

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