Pub/bar for sale in Station Road, Langley Mill, Nottingham NG16

£475,000
Pub/bar for sale
Interested in this property? Call +44 1664 518993 * or Request Details

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Property description



Location
Located on Station road, the main route through the Nottinghamshire town of Langley Mill. The town has recently received significant investment with new retailers including McDonalds and Sainsbury's around the corner. Langley Mill is easily accessed via the A610, off J26 of the M1 motorway (approximately 4 miles to the East).

Description
The property is a large 2 storey corner brick building under a pitched slate roof. With outbuildings and enclosed rear courtyard with mutiple raised decked areas. Rear access to owners parking bay and side access to the function room. With basement beer cellar and external drop.

Accommodation
The property has open plan ground floor trading areas with some split level, with large central bar servery. The trading areas comprise circa 80 covers.
Double doors leading to an enclosed rear decked are offering a smoking solution. With further patio area and raised decked area. Outbuildings for storage.
Catering kitchen - fully equipped to trade with 2 further rooms offering storage and preparation areas.
Owners accommodation on the first floor and comprising:-
3 bedrooms, kitchen/breakfast room, lounge, office, store room.
The former function room is located on the first floor and offers potential for letting accommodation STPP.

Amenities
Located within walking distance to all local shops and office, and walking distance to Langley Mill railway station. We excellent road networks to the surrounding areas including Nottingham City Centre.

Services
We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent.

Terms
Offered for sale freehold with vacant possession.

Outgoings
According to the valuation office agency website the current rateable value is £37,250 per annum. For rates payable or other rating queries, interested parties are advised to contact to relevant local authority.

VAT
The property is opted to Tax so VAT will be charged on the purchase price.

Legal costs
Both Parties will be responsible for their own legal costs.

Service charge
Turnover to the year-end 31st March 2018 was £439,217 with an ebitda of £70,000
Turnover to the year-end 31st March 2017 was £410,414

parking notes
The is parking for 2 owners vehicles off road within the side courtyard area.

Planning
The current planning allows for A4 public house with premises licence.

Other
Finance may be available through Independent Financial Brokers and P & F Commercial would be pleased to make an introduction for you. The Brokers are completely Independent and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details.

Viewing
Strictly by prior appointment via the sole agents P & F Commercial Tel: Or via email

Property info

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For more information about this property, please contact
P & F Commercial, LE15 on +44 1664 518993 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by P & F Commercial, and do not constitute property particulars. Please contact P & F Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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