Archived
Well established pub with accommodation for sale
Sowerby Bridge, West Yorkshire
- Asking Price: £400,000 +SAV
-
Turnover:
Full financials can be made available upon further request.
Please quote reference B06018
- Tenure: Freehold
Please quote reference B06018
Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a freehold basis) a long standing & exceptionally well-run, traditional village pub & accommodation business with an excellent reputation.
The business has only now come to the open market as it is our client’s intention to relocate.
The Butchers Arms has been under the careful & meticulous ownership of our client for many years and who have grown the business to an impressive level.
The turnover is generated by offering 6 self-catering apartments that benefit from many repeat visitors & is popular with various guests including professional persons, walkers, wedding guests & weekend breaks. The business also benefits from having a traditional public house that trades on a wet sale only basis & is run to suit the owner’s lifestyle.
It must be noted that there is a self-contained 2-bedroom flat above the public house that is currently in use as owner’s accommodation but could be used as a further self-catering option.
The premises are in excellent general condition having undergone a substantial programme of refurbishment over the past couple of years and is maintained to a great standard throughout.
We feel that this is an excellent opportunity for a new owner to take this popular business to the next level.
There is scope to further increase turn over with the introduction of more online partner booking sites, & perhaps national press marketing to attract & grow the weekend break experience, along with the introduction of food sales to compliment the public house side of the business. There is also the possibility (subject to planning consent) to change the use of the public house & owner's accommodation to residential or further self-catering flats.
A tremendous opportunity to own this business, and early enquiry must come highly recommended to avoid disappointment.
We are advised that the business has 1 full time and 1 part time members of staff.
We are advised that the business is open 24/7.
The business is located within the quaint village of Ripponden.
A beautiful area in the mist of breath-taking countryside with reservoirs and access to the rugged moors. The village is well serviced in terms of amenities with numerous good restaurants, bars, shopping facilities and a health centre. There are also well-regarded state and independent schools close by.
For the commuter, there is easy access to junction 22 of the M62 motorway with its connections to the business centres of Manchester and Leeds.
The premises consist of a traditional countryside public house, entered via street level into a warm & welcoming environment.
There is a feature bar area with bar style seating & is full of character with stoned flagged floors and further cosy comfortable seating areas to relax Adjoining the pub are six one-bedroom self-catering apartments. Each with its own living room / kitchen area, shower room, and double bed.
The premises further benefit from a two-bed apartment currently used as owner’s accommodation.
Further benefits include, gas heating, wood burning stove in public bar, ample car parking to the side with garden area to the rear.
All fixtures and fittings are included in the sale.
Tenure
We are advised that the business is being sold on a Freehold basis.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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