Online Auction Lot

Pen-y-Maes Road

Guide Price*

£200,000

Abbots Arms, Pen-y-Maes Road, Pen-y-Maes Road, Holywell, Clwyd, CH8 7BD

Successful Public House/ Investment opportunity

DESCRIPTION

This thriving business comprises of a public house with function rooms and spacious 4 bedroom owners accommodation and has been successfully run by the present owners for a number of years. The present turnover is showing 54% gross profit. This could easily be doubled with catering, it has a full catering kitchen also of interest to developers. 9 apartments of 4 houses subject to planning. The main bar and lounge area 150 people - The main bar and seating area benefits from two wood burning stoves, there is a games room area together with a private function room and the usual public amenities. Restaurant 30 covers. Catering kitchen. Large Car Park. Outside beer gardens and lawns. The 4 Bedroom owners' accommodation is located to the first floor, is spacious and well presented with lounge, fully fitted kitchen/ dining, 4 bedrooms, bathroom - low level wc, wash hand basin, bath, shower.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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