Sold
Long Established Pub For Sale in Flint, Clwyd
Flint, Flintshire
- Asking Price: £159,950 +SAV
- Turnover: We are advised the business generates a turnover in the region of £102,000 per annum and a gross profit of approximately 56%.
- Tenure: Freehold
CoGoGo is delighted to welcome to the market this long established free of tie public house business in Flint, Clwyd. The business was established in 1910 and has been in our client’s careful hands since 1997. The business is only now being offered to the market due to our clients` desire to take a well-deserved retirement. The business is open 7 days a week and generates a turnover in the region of £102,000 per annum with a gross profit of approximately 56%. Tradesman Arms is a long established free of tie public house, with a large loyal customer base. The public house is very popular and offers a wide range of drinks, the business is well equipped with high quality fixture and fittings, and has traditional styling. The exterior of the building has white and black beam Tudor styling, which stands out and draws attention. The owner’s accommodation is very spacious and is finished to a high standard. We believe the business has huge potential to be expanded, we are advised that the attic space could be converted into 5 spacious single bedrooms with en-suite bathrooms, which would be perfect for letting. The second floor also has 4 large double bedrooms which also could be used for letting accommodation, converting the attic and opening the rooms for letting could increase the turnover significantly. The public house currently does not offer food, but we feel the ground floor bedroom could be converted into a kitchen subject to planning. By offering food the business would draw in more visitors and could benefit the business greatly. Additionally, previously there has been planning permission to build two houses on the land where the car park current sits but the plans have since lapsed. This property is a prime development opportunity. We have been advised that our client has had verbal confirmation that the council would be willing to grant permission for change of use on the property. This is an excellent opportunity for a new owner to take this long-established business to the next level; therefore early viewing must come highly recommended to avoid disappointment.
The Tradesman Arms public house is located in Flint, Clwyd. The public house is situated on a busy main road location in a densely populated residential area, which is approximately a 10 minute’s walk away from Flint town centre and around the same distance from Flint train station. A bus stop is stationed outside the pub on a main bus route, the business has great footfall from passing shoppers, motorists and local residents. Flint has a population of approximately 15,000. Flint railway station lies on the North Wales Coast Line, providing services between Manchester Piccadilly station and Llandudno railway station. A north south service between Cardiff Central railway station and Holyhead also calls, as do selected West Coast Main Line stations between London Euston and Holyhead. Flint is located approximately 20 minute’s drive away from Mold and around the same distance from Chester.
Double fronted terraced corner premesis, briefly summarising:- Cellar:The cellar is currently used for beer lines and storage. Ground floor:The ground floor consists of a public bar area with large wooden semi-circle bar, the area has high quality wooden tables and chairs with a full length bench seating along the wall, the room is also equipped with a large flat screen tv and pool table, the room has traditional styling and features. A separate room is also used as a bar lounge. The ground floor has a utility area and a double bedroom with en-suite bathroom, and a side door which leads to the car park. First floor:The first floor includes 4 large double bedrooms, lounge, kitchen, bathroom and a separate toilet all of which are decorated to a high standard and are well presented. Second floor:The second floor has a large attic space which we are advised has the potential to be converted into 5 single bedrooms with en-suite bathrooms. External:The exterior of the building consists of a large car park to the side of the pub, which can hold up to 12 cars, the car park has the potential to be used as a beer garden or children’s play area. A separate entrance for upstairs living accommodation with steps up to a balcony. There is also a separate yard to the rear with a greenhouse. Equipment: All fixture and fittings are included in the sale. 2 new gas boilers have newly been fitted costing £7000.
