Sold

The Tavern

288 Upton Lane, Widnes WA8 9AF
Ref: 5652062
FreeholdOffers over £1,250,000

Contact Our Agent

Keith Stringer
Keith StringerDirector - Pubs & Restaurants
Brochure

At a glance

  • Highly regarded & profitable freehouse
  • Open-plan lounge & local's bar (90)
  • Restaurant (50) & 2 function rooms (90)
  • T/over March '23: £1,503,166 Profits £247,000
  • 286 Brewers Barrels. 3 bed accommodation
  • Outdoor seating (80) Private parking (60) Energy Rating B
Christie & Co Logo

We are the leading property specialist, providing services to owners, banks, private equity and insolvency practitioners.

Ref: 5652062

The Tavern

Description

A distinctive two storey detached freehouse of brick construction with mock Tudor first floor elevations beneath a predominantly pitched tiled roofline with large single storey trade/ancillary extensions to the rear. The property has the advantage of a good sized outdoor seating area to the front elevation, and large enclosed private car park to the rear.

Location

The Tavern at Upton is prominently located upon Upton Lane within the highly regarded and affluent residential area known locally as Upton Rocks.

Internal Details

Entrance porch to open-plan lounge & local's bar (90), served by a large centrally located bar servery, high stools and tables, raised booth seating, raised stage area, wall mounted tv's Dining restaurant (50), free-standing tables & chairs, feature open-grate fireplace, double doors to two dedicated function rooms; Room 1 (50) with fixed bench seating, double doors to Room 2 (40) with fixed perimeter seating, free-standing tables & chairs.

Fixtures & Fittings

All fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt.

Ancillary Areas

Comprehensively equipped trade kitchen with food preparation and glass wash areas, walk-in fridge & freezers, dry goods store, laundry room, manager's office, and staff room, two sets of customer wc's, disabled/baby change.

External Details

Dedicated raised seating area (80) to the front elevation alongside free-standing tables & chairs with parasols. Private parking to the rear for approximately 60 vehicles.

Owners Accommodation

Privately accessed first floor comprising; entrance hall, good sized lounge, 3 double bedrooms, kitchen/dining room, bathroom, and external roof terrace.

The Opportunity

The business trades as a wet led public house with a traditional locally sourced food offer, offering regular weekly entertainment, and live sports & events. The sale of the Tavern represents a superb opportunity to purchase a thriving and well established wet led business being offered for sale due to our client's wish to retire. For details on events, menus, and offers please see the business' dedicated website: The Tavern

Trading Information

Accounts to 31 March 2023 show a net turnover of some £1,503,166 with adjusted net profits of some £247,000. Annual barrelage to December ‘23 of 286 Brewers Barrels

Business Rates

The Rateable Value is £47,000 with effect from April 2023. Confirmation of actual business rates payable should be obtained from the local authority.

Regulatory

Premises licence.
christie_finance_logo

Need Finance for Your Business?

Whether you're buying a business, acquiring commercial property or planning your next investment, understanding your funding options early can help you make informed decisions. Speak to Christie Finance about the finance available for your circumstances.

christie_insurance_logo

Need Insurance for Your Business?

Christie Insurance can help arrange business and property cover tailored to your needs, with support throughout the policy and claims process. Speak to the team about suitable, cost-effective cover.