Pub/bar for sale in Dinas Cross, Newport SA42

£659,950
Interested in this property? Call +44 161 937 5978 * or Request Details

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Pub/bar for sale

Property description

Ref 7890 – Freehold Public House & Accommodation
Blacks Brokers are pleased to bring to the market this freehold public house with accommodation located in Dinas Cross, Pembrokeshire.


Introduction


The Ship Aground has been trading in this stunning village for over one hundred years and our clients took ownership in 2017. The business offers a basic food menu and welcoming family environment for locals and visitors to this popular area of Newport. With such a long and impressive trading history, the pub is very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google, Facebook, Trip Advisor and more.


Location


The Ship Aground occupies a prominent village trading position close to Dinas Country Club and Holiday Park. The area is densely populated residentially and benefits from many visitors all year round – particularly in the summer. There are also a number of amenities nearby including schools, convenience stores and holiday parks as well as attractions such as Aberfforest Beach, Pwllgwaelod Beach and many more. The area is well linked by the A487 with very strong public transport links and parking is available in the immediate area.


Reason for sale


The business is ideally suited to hands-on owner-operators but due to our client’s retirement plans, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.


Staff


The business operates with our two clients only in employment.


Financial details


The Ship Aground has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has annual turnover of £153,393 and gross profit of £85,077. Full financial information is available upon request.


Summary


This long established business occupies an enviable trading position in a busy and sought after area of Newport. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of longer opening hours, new menu options and a marketing drive with the use of social media and other online resources. A new website and social media presence could also prove beneficial. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business & Property: £659,950.

Please quote ref: 7890

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (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 Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers 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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