For Sale

Freehold Pub & 8 Bedroom B&B

Bolton, Lancashire

£349,999 +SAV

Ref: 14484 I

Contact sales negotiator

Matthew Monks

01204556319

Email Matthew Monks

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Description

Hilton Smythe is welcoming to the market, The Kings Arms hotel, trading as a pub and a bed and breakfast. The building is extremely well presented with 8 en-suite letting rooms and a 1 bed flat used as living accommodation. The building has been renovated to a very modern standard, and our clients have made great use of the ample space the hotel has to offer.

This friendly pub has its own local darts and pool team and is especially busy for football matches displayed on the TV's in the bar areas.

The current owners have fitted a large commercial kitchen which gives the new buyer opportunity to introduce pub lunches and evening meals etc.

Early viewing of this popular community pub/hotel is highly recommended with the business genuinely coming to the market as our clients looks towards a career change.

This is a great opportunity for anybody looking to get into the trade. This hotel and pub already has a fantastic reputation and the foundations to build upon. Utilising social media, booking websites, advertising and extending opening hours would benefit the already healthy turnover.

Hilton Smythe highly advise early viewing.

Tenure

Freehold

We are advised the business is Freehold.

Hours

Monday to Thursday: 2.00pm – 12am
Friday, Saturday & Sunday: 12.00pm – 12am

Staff

Owner ran with the help of 1 full time staff member.

Financial Profile

According to the 2017 accounts the business reported a turnover of £176,000 with gross profit at 44%.

Location

The Kings Arms Hotel is situated on the busy main road of Massfield Road, Farnworth, less than 20 minutes’ walk from the busy town centre. Situated on the main bus route and a short 8 minute walk from Farnworth railway station.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.

The area is also well served by the A-roads, with the A666 being within easy driving distance of the business, which links to the M60 motorway network.

Premises

Our clients took over the business in 2010 and completed a refurbishment, traditional on the ground floor and modernised on the first and second floors.

Basement-

Cellar with easy access drop point.

Ground floor-

Open plan lounge with ample seating
Pool area
Bar area
Fully fitted commercial kitchen
Male and female toilets
Letting room 8 (double en-suite)
Letting room 7 (double en-suite)


First floor-

Letting room 4 (twin en-suite)
Letting room 1 (double en-suite)
Letting room 2 (double en-suite)
Letting room 3 (double en-suite)
Letting room 5 (double en-suite)
Owners lounge, kitchen office and storage room

Second floor-

Letting room 6 (family room en-suite)
Owners bathroom
Owners bedroom and walk in wardrobe

External-

Beer garden
Garage
Ample street parking

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