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THE KING EDWARD VII HOTEL

ALFRETON, DERBYSHIRE
L424 - FREE OF TIE LEASEHOLD
£30,000
     

The King Edward is a busy community pub in the Derbyshire village of Tibshelf. The pub is prominently situated on the village High Street and plays an important part of the local community enjoying regular repeat custom with weekly sales averaging £5,000. The business is split between wet sales, lunchtime food sales and revenue from the 7 en suite letting rooms. The business also benefits from being Free of Tie and therefore has good GP margins.

The property is a large, substantial plot at the end of a row of terraces, which house various retail outlets and shops in the village. The property consists of large open plan lounges and dining areas, trade kitchen, 7 en suite letting rooms and large rear car park and decking. Private accommodation comprises 3 bedrooms, lounge and bathroom.

This well established business is currently run under management and would in our opinion make an excellent investment for any owner operator looking to make good profits from the Free of Tie lease.

* VILLAGE COMMUNITY PUB
* 7 EN SUITE LETTING ROOMS
* WET & DRY SALES
* GOOD DECORATIVE ORDER
* TRADE KITCHEN
* £5K AVERAGE WEEKLY SALES
0800 953 0166

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