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THE VINE & HOPS

LANCASTER, LANCASHIRE
L347 - LEASEHOLD
£69,000
     

The Vine and Hops is a good quality community pub which forms part of the circuit in the centre of the historic city of Lancaster in Lancashire.

The property is an attractive, detached stone built property situated on a one-way street in the centre surrounded by various prominent retail outlets including KFC and Subway directly opposite. The business is in excellent order throughout having had a major refurbishment recently and boasts open plan lounge with comfy seating areas, overspill lounge, pool area, trade kitchen, smoking area and 4 bedroom private accommodation.

The business has reported annual sales of £195,000 which is currently wet only and in our opinion there is a significant opportunity for any potential investor or new enthusiastic owner operator to make good profits from reintroducing a food trade utilizing the fully fitted trade kitchen. Income is also generated from the adjoing self contained 2 bedroom flat which attracts a return of £450 per month.

In our opinion this well established business would make a sound investment for any potential purchaser and we would strongly advise an early viewing to avoid disappointment.


* CITY CENTRE PUB
* DESIRABLE HISTORIC CITY LOCATION
* EXCELLENT ORDER THROUGHOUT
* £195,000 PA TURNOVER (WET ONLY)
* POTENTIAL TO INTRODUCE FOOD TRADE
* ADDITIONAL INCOME STREAM FROM CURRENT LET
0800 953 0166

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