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Thriving Public House and Restaurant in Hednesford, Staffordshire For Sale
Hednesford, Staffordshire
- Asking Price: £30,000
- Turnover: The business generates a turnover in the region of £405,000 per annum, with a gross profit of 55%.
- Tenure: Leasehold
CoGoGo would like to welcome to the market this well-established public house and restaurant business in Hednesford, Staffordshire. The business was established in 1862 and has been in our clients` ownership since 2007, only now is the business offered to the market due to our clients` desire to pursue other business interests. The business is open 7 days per week and generates a turnover in the region of £405,000 per annum, with a gross profit of 55%.
Our client offers an extensive range of alcohol and food is served in the two restaurant areas, which have 64 covers in total but can accommodate larger parties if needed. All the meals are freshly prepared at very reasonable prices and offers freshly prepared good home cooked English fare including the ever popular Sunday roast.
The business has an excellent reputation within the local area, as well as further afield and has built up a very loyal customer base. The business further benefits from a vast amount of footfall and passing trade.
We feel the turnover could be further increased by a small marketing campaign to promote the business further. The business already has an excellent website in place at www.theploughhednesford.co.uk to advertise the business, food and services offered.
The business also has excellent reviews on Trip Advisor. The property boasts excellent and well-presented 3-4 bedroom owners` accommodation to the 1st and 2nd floors. This is an excellent opportunity for a new owner to take this already thriving and profitable business to the next level; therefore early viewing must come highly recommended.
The business is owner run and managed with 4 x full time, 9 x part time staff members, two of the part time staff members are cleaners.
The business is open:
Bar Opening Hours:
Monday-Thursday 12.00pm-11.00pm
Friday & Saturday 12.00pm-12.00am
Sunday 12.00pm-11.00pm
Food Serving times:
Monday - Thursday 12.00pm-2.30pm and 5.00pm-8.30pm
Friday - Saturday 12.00pm-9.00pm
Sunday 12.00pm-6.00pm
The Plough & Harrow public house and restaurant occupies substantial 3-storey premises, ideally located on a very busy main road in Hednesford, Staffordshire. The business is situated on the very busy A460 Uxbridge Street and benefits from a good traffic flow and is surrounded by mainly residential properties from which it draws much of its trade. The premises boast a large private car park and are easily accessible via public transport.
Hednesford is a delightful town which possesses a good selection of amenities and attractions. The town also boasts excellent schools and parks and is a highly desirable place in which to live. The town is best known for Hednesford Hills Raceway, a stock car track built on the site of a disused reservoir, which has brought tens of thousands of race fans to the area since the mid 1950s, and still attracts crowds of several thousands to its major events.
The property has excellent A-road access being situated on the A460, which links to the M6 Toll and the vast A-road and motorway networks. Stafford is approximately 10 miles away and Wolverhampton is 11 miles away
Large detached, double fronted and imposing public house, briefly comprising: Ground floor: Bar area with: Tiled flooring. Tables and chairs to suit trade. Television. Games machine. Recessed spot lights to ceiling. Wooden bar servery with 9 points if dispense, Electronic Point of Sale system, glass washer, optics display and coffee machine.
Restaurant area with: Carpeted flooring. Bar servery with 10 points of dispense, 2 x double chiller units and Electronic Point of Sale system. Tables and chairs for 26 covers. Conservatory restaurant area with: Tables and chairs for 40 covers.
Commercial kitchen with: Hot cupboard. 4 x pot Bain Marie. Double deep fat fryer. 6 x burner range. Stainless steel work surfaces. Salad bar. Grill. Stainless steel extraction unit. Stainless steel wall cladding. Microwave oven. Double refrigerator. Pot washing area with: Industrial dishwasher. Double sink unit. Refrigerator/freezers. Storage area with: 2 x microwave ovens. Stainless steel chiller units. Cellar with: Cooler. One pint pull. Ice maker.
Owners accommodation with: 1st floor with: Double bedroom/office. Double bedroom. WC. Bathroom. Kitchen with fitted units. Lounge area fully carpeted with electric fire. 2nd floor with: 2 x double bedrooms.
External with: Large car park to side of property. Beer garden to rear. All the fixtures and fittings are included in the sale.
Tenure
We are advised Leasehold:
Original lease length: 10 years
Remaining lease length: 4 years
Review every: 5 years
Rent: £26,000 per annum
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