Status: For Sale
Tenure: Freehold
Turnover: £275,106
Busy Pub in Bethesda For SaleBusy Pub in Bethesda For SaleBusy Pub in Bethesda For SaleBusy Pub in Bethesda For SaleBusy Pub in Bethesda For SaleBusy Pub in Bethesda For SaleBusy Pub in Bethesda For Sale
£440,000 + SAV

Busy Pub in Bethesda For Sale

For Sale
  • Reference: 12930 D
  • Location: Bangor, Gwynedd
Hilton Smythe is delighted to welcome to the market this popular public house business, which is located within the town of Bethesda, Gwynedd.

The business was originally established in the 1800s and has been in our client's careful ownership since 1997. Only now is the business being offered to the market, due to our client's desire for retirement. The business currently operates 7 days per week and as per the 2016 accounts generated a turnover in the region of £275,100, with a gross profit of approximately 61%.

Our client offers a wide variety of beverages including beers, lagers, wine, spirits and soft drinks. The business is well-served by the local community, with pool and dart teams, which bring in good revenue.

The property boasts 330 sq. metres of floor space, with the main lounge bar area to the ground floor and a full commercial kitchen to the basement floor. To the first floor is the owners' accommodation, which consists of a large lounge, dining area, small kitchen, four bathrooms and four double bedrooms.

The business has built up an excellent reputation within the area for the friendly and high quality of service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by making full use of the commercial kitchen and introducing lunchtime and evening meals. A new owner could also embark on a modest marketing campaign to promote the public house. The business would also benefit from a website to advertise the business.

This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already thriving business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

TENURE

We are advised Freehold.

HOURS

The business is open:

Monday: 12.00pm - 12.00am
Tuesday - Thursday: 12.30pm - 12.00am
Friday: 12.00pm - 1.00am
Saturday - Sunday: 12.00pm - 12.30am

STAFF

The business is owner run and managed with 1 x full time and 4 x part time staff members.

FINANCIAL PROFILE

The business currently operates 7 days per week and as per the 2016 accounts generated a turnover in the region of £275,100, with a gross profit of approximately 61%.
The Bull Inn occupies substantial three storey premises, ideally located within the town of Bethesda, Gwynedd. The business is located on the very busy High Street and is surrounded by a wealth of complimentary shops and businesses, therefore, benefiting from a very high volume of footfall and passing trade. There are densely populated residential estates within the area, from which the business derives much of its trade.

Bethesda is a town on the River Ogwen, on the edge of Snowdonia, north-west Wales. Bethesda is a former quarrying village, on the doorstep of the dramatic Nant Ffrancon Pass, Ogwen Falls and some of North Wales's wildest mountain scenery. It is now mostly a commuter town, with residents tending to commute to towns along the North Wales coast, with Bangor being the most popular destination.

The area is well served by the public transport system, with several bus stops being within easy walking distance of the property. The nearest railway station is Bangor, which is approximately 6½ miles away. The area is also extremely well served by the A-roads, with the business situated on the A5, which links to the national A-road and motorway networks. Caernarfon is approximately 12 miles away and Conwy is 16½ miles away.
Substantial three storey premises in a prime trading location, briefly comprising:

Lower ground floor kitchen with:

Stainless steel sink unit.
Wall and base units.
6 x gas burner range.
Grill.
Microwave oven.
Deep fat fryer.
Large deep fat fryer.
Toaster.
Refrigerator/freezer.
Door leading to storage room with chest freezer, 2 x refrigerators, washing machine and tumble dryer.

Ground floor:

Lounge area with:

Bar area with wooden bar, hand pumps, electric pumps, glass washer and double chiller unit for bottles.
Bar stools.
Perimeter seating and tables/chairs for 120 covers.

Games room with:

Pool table.
Dart board.
Tables and chairs.

First and second floors:

Owners' accommodation with:

Large lounge.
Dining area.
Small kitchen.
4 x bathrooms.
4 x bedrooms.

External:

Lovely decked patio area with tables and chairs.
Outstanding views overlooking the Welsh mountains, woodland and river running to the rear.

Contact us today for more information

To help prevent spam please type the code on the left into the textbox below: