Businesses For Sale > Business For Sale in Aylesbury,Buckinghamshire, UNITED KINGDOM - UK (UK)

AC181 -Aylesbury,Buckinghamshire- Ł 120,000-Character Village Pub and Restaurant for sale in Aylesbury,Buckinghamshire, UK

Aylesbury,Buckinghamshire, UNITED KINGDOM - UK (UK)

Asking Price:	Gross:	Cash Flow:
Undisclosed	Undisclosed	Undisclosed

Business Summary:
Character Village Pub and Restaurant Ref.AC181 Location Aylesbury,Buckinghamshire Asking Price Ł 120,000 This charming traditional17th Century village pub and restaurant was fully refurbished and refitted in 2007 and is situated in the warm and friendly surroundings of a village just outside Aylesbury in Buckinghamshire. The new interior of the renowned country pub brings together the warmth and comfort of the snug with working fireplace, the informal lounge bar and tempting restaurant with its chunky dark oak tables, fine white chinaware and carefully chosen decor. This quality destination pub and restaurant has been refurbished and modernised by the owners who are appreciative of its history and are passionate about the love and care a building like this deserves. This has ensured a modern building without any loss to the charm or character of the original pub inside, while ensuring that all changes to the outside have maintained that original look and period charm. Whether you wish to have bar snacks in the snug beside the roaring fire, lunch in the relaxing lounge or dinner within the new restaurant, this delightful pub restaurant will cater for all needs. The menu is created using freshly prepared home made cooking using the finest local suppliers, whilst ensuring attention to detail on both flavour and presentation. Dishes such as the ever popular classics and the best of British will ensure there is choice for every palate. The popular menus are all suitably complemented by an extensive wine list with Real Ales, ciders, spirits and minerals also available from the bar.

Year Business was Established: 1992

Facilities / Terms of Lease: There is a renewable 15 year Punch lease in operation expiring in 2022, with a tie on beers and minerals only and attracts a rent currently of Ł41,500 per annum, subject to 5 yearly rent reviews. As well as character bars and restaurant for 30 covers there are 2 courtyard beer gardens, grass beer garden and ample parking. The owners accommodation is 2/3 bedrooms set in a rural village location near to Aylesbury in Buckinghamshire.

Potential Growth/Expansion: The pub was closed for mush of 2007 during their extensive refurbishment and refit and has opening again in December of that year. This meant that they had to re-establish the name and clientele of the business anew. Having achieved impressive turnover of circa Ł327,000 for that period the business is well set to continue this with high levels of growth forecast for the next 2-3 years.

Competition: Much of the business's revenue is a result of word of mouth recommendation, bearing strong testimony to the excellent reputation enjoyed by the business since its inception. As there is currently little advertising the owner is aware that a more active sales and marketing campaign would certainly improve sales and profitability and will increase its market exposure and revenues.

Owner willing to train: The current owners offer a full handover to ensure a smooth transfer of the business to new owners.

Reason for selling: The partners of this business have decided to go their separate ways and are offering this superb pub restaurant to new owners to maximise what is undoubtedly a significant growth opportunity.

Seller Reference Number: AC181
BusinessMart.com Listing Number: 56717

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