Pub/bar for sale in Chesterfield Road North, Mansfield NG19

Pub/bar for sale
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Property description

Please Quote Reference B05779

Hilton Smythe welcomes to the market the Bull Farm Public House in North Mansfield. The site has been operated by the current vendor for just under 12 months in which time it has gone from strength to strength building up a solid and reliable customer base and which due to family commitments this rare and exciting opportunity has become available.

The site has been completely refurbished by the current vendor to a very high standard and represents an excellent opportunity for a new owner to acquire a site in a sought-after trading location with very affordable in-going and running costs.

This business opportunity would be ideal for either an established operator looking for an additional site with huge potential or an individual or partnership looking for their first licensed business which has the potential to generate a healthy return on initial investment.

The business is currently 100% wet led and free of tie and has the capacity for the new operator to introduce a food offering if they desire and also has the potential to open throughout the day or later in the evening as the site has a late license to trade until 1am at the weekends. This represents a turn-key business opportunity within this sector of the market.

Situated on Chesterfield Road just a short drive from Mansfield town centre. The site is easily accessible on foot and by all modes of transport with plenty of free parking in the surrounding location and a regular bus service passing by the front of the site.

Ground floor trading location on Chesterfield Road, Main trading area with Bar and servery, all tables, chairs and soft furnishings, fridges and freezers, bar furniture and equipment, ladies and gents wc’s additional store room and potential kitchen area, access out to the rear of the site with vendor and customer parking.

We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £11,100 per annum with 5 Years remaining on the current 6 Year lease.

The business currently opens in the evening at times to suit the current vendor.

The business is run and managed by the current vendor with part time assistance.

Financial Profile
We are advised the business is turning over in the region of £80,000 per annum trading limited hours.

There are no business rates or service charges payable. For further information quote reference B05779.

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe 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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