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The Plough

2 Broadfield, Oswaldtwistle, Accrington, Lancashire BB5 3RY
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Ref: 5652082
Freehold£395,000

Contact Our Agent

James Dodd
James DoddBusiness Agent - Pubs and Restaurants
+44 7561 114 985james.dodd@christie.com

At a glance

  • Freehold pub with food
  • Restaurant & bar with a restaurant upstairs
  • Won best restaurant in Lancashire
  • Live music on some Saturdays during the year
  • Turnover YE 2024: £341,000 - Profits: £50,000
  • Village location. Energy Rating B
View full details The Plough
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The Plough
2 Broadfield, Oswaldtwistle, Accrington, Lancashire BB5 3RY
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Ref: 5652082

The Plough

Description

Sitting on a large plot the detached pub has been well maintained and updated by the current owners with a restaurant and bar downstairs, restaurant seating upstairs with private dining area able to seat up to 20 people at a time

Location

Situated just outside the popular village of Oswaldtwistle with easy access to Blackburn (3 miles) and the M65. Approximately 25 miles from Manchester with good motorway links. The pub has a number of residents nearby providing steady local trade.

Internal Details

Open plan bar area with raised mezzanine used for further seating or live bands, large stair case leading to restaurant area with fitted booths. Private dining for up to 20 people. Total covers 86 dining and a further 8 in the bar area.

Fixtures & Fittings

We have been advised that the majority of the fixtures and fittings are owned outright and will be included in the sale, subject to an inventory.

External Details

Outdoor seating area (30 covers) Car Park (20 spaces)

The Opportunity

The Plough has a loyal client-base who maintain steady trade along with guests coming as a destination dining area for the restaurant. Due to family commitments the premises is running on limited opening hours providing a great opportunity to extend these for a new owner.

Trading Information

Turnover for the year ending 2024 - £341,529 Adjusted Net Profit - circa £49,267

Trading Hours

Monday - Wednesday - Closed Thursday & Friday - 5-11pm Saturday - 12pm-12am Sunday - 12pm-11pm

Business Rates

The Rateable Value is £20,000 with effect from April 2023. Confirmation of actual business rates payable should be obtained from the local authority.

Regulatory

Premises Licence