Status: Completed
Tenure: Leasehold
Turnover: £554,000
Beautiful Pub For Sale In SolihullBeautiful Pub For Sale In SolihullBeautiful Pub For Sale In SolihullBeautiful Pub For Sale In SolihullBeautiful Pub For Sale In Solihull
£69,950 + SAV

Beautiful Pub For Sale In Solihull

Completed
  • Reference: 1506
  • Location: Solihull, West Midlands
Hilton Smythe are delighted to introduce The Lyndon Public House to the market, an extremely well established and profitable concern which has been successfully run by our client since 2006 and is now reluctantly offered for sale due to retirement.

A warm and friendly welcome is guaranteed when visiting The Lyndon which underwent a £40,000 internal and external refurbishment in 2012, resulting in the most comfortable, well appointed surroundings in which to relax.

The Lyndon, quite rightly, enjoys an abundance of repeat trade and is an extremely popular venue with the locals from the surrounding, tree lined residential area. The Lyndon presents live bands every fortnight, benefiting from the enthusiastic regular custom from locals and visitor alike.

The large informal, lounge/eating area, filled with natural light, effortlessly accommodates 150 customers, with seating/covers for 50, by way of the extremely well equipped, large commercial kitchen.

Adjacent to the newly built bar server the business houses three gaming machines and the ever important ATM.

Externally, The Lyndon has a large 40 vehicle car park, an inviting beer garden/patio area with 23 benches and houses a good sized, covered smoking shelter.

The current owners living accommodation lies to the first floor and briefly comprises of four good sized bedrooms, lounge, dining room, bathroom and kitchen.

We strongly recommend inspection of this long established, profitable business to fully appreciate the outstanding eminence the recent refurbishment.

TENURE

We are advised the business is Leasehold.

10 year lease with 3 years remaining. The lease is reviewed every 5 years.

HOURS

The business currently trades:

Mon,Tues, Weds and Thurs 12.00 pm to 11.00 pm
Friday and Saturday 12.00 pm to 11.30 pm
Sunday 12.00 pm to 11.00 pm

STAFF

The business is owner run and managed with the assistance of 2 full time and 9 part time staff.

FINANCIAL PROFILE

The business reports a fantastic turnover of £554,0001 per week with reported gross profit at 40%. (approximately 650 barrells per annum).
The business is located on Barn Lane, Solihull, West Midlands.

Solihull is a town in the West Midlands of England with a population of approximately 94,753. It is part of the West Midlands conurbation and is located 9 miles south east of Birmingham city centre. It is the largest town in, and administrative centre of, the larger Metropolitan Borough of Solihull, which itself has a population of 200,400.

A number of main roads pass through Solihull including the A41 Birmingham to Warwick road and the A34 Birmingham to Stratford road. The M42 and the M40 both pass through Solihull and provide very rapid links to Oxford and London and to the rest of the motorway network surrounding the West Midlands Birmingham International Airport is located in Solihull.

The Grand Union Canal passes across Solihull, coming within a mile of the town centre and linking the town to the River Thames in London.

Local bus services are provided largely by National Express West Midlands from their Yardley Wood and Acocks Green depots in the south and south east Birmingham respectively.

The business is easily accessible from the above mentioned major motorway networks, sitting on the A45.
The Lyndon is a large, detached, imposing building sited on a good sized plot measuring approximately half an acre.

The large ground floor traditional bar area has a combination of tastefully appointed fixed perimeter seating, along with an array of free standing wooden tables and chairs. The full width bar server has 10 dispense points, an extensive optics display, 2 x double chillers, dart board, tv, projector and screen, electronic games machines. The ladies and gentlemen's w.c. are in close proximity. An office area is positioned to the side of the bar.

The snug, also used as a buffet area or second lounge with 50 covers is, as one would expect, tastefully appointed, having comfortable seating arrangements in the form of large settees.

The newly built bar within the lounge/eating area accommodates 14 dispense points, 3 double chillers, large optics display, electronic cash register, free standing wooden tables and chairs, three gaming machines, ATM, two large flat screen TV's. The outstanding vaulted ceilings are complimented with two large chandeliers.

Also situated on the ground floor is the bottle storage are, BBQ store and an office.

The large commercial kitchen is extremely well equipped by means of; 3 microwaves, a 4 burner range, griddle, 2 x grills, 6 x freezers, 3 x chillers, double fryer, single fryer, stainless steel extraction unit, stainless steel work areas, dishwasher and 2 stainless steel sinks.

The lower ground floor accommodates the large cellar, three store rooms, barrel room, cooler, together with an ice machine.