Thwaites Road, Oswaldtwistle, BB5

£25000 pa


  • Freehold and Business for Sale
  • A traditional 2 bar local community pub
  • Suitable for a variety of uses subject to planning permission
  • 3 bedroomed private flat above
  • Car park for numerous cars
  • Seating areas to front, side and rear
  • Established turnover circa £242,000
  • Internal gross floor area 5,066 sq ft including flat

£250,000 + VAT BUSINESS AND FREEHOLD FOR SALE.
ALSO available TO LET at £25,000 per annum + VAT.
This EXCELLENT COMMUNITY BAR is located in a popular residential area of Oswaldtwistle. Including a private first floor flat the property offers 5,066 sq ft, car park for 15+ vehicles, outside patio area to front, side and rear. The property is set on a 0.33 acres site. Accommodation offers ground floor Open Plan 'L' Shaped Bar, with Lounge bar to the front and Public Bar to the rear and outside smoking area.

This EXCELLENT COMMUNITY BAR is located in a popular residential area between the A679 and the B6234 approximately 1 mile away from the main retail area of Oswaldtwistle. The property is set on a 0.33 acre plot and there is potential for a variety of other uses subject to planning permission.

GROUND FLOOR



Open Plan 'L' Shaped Bar


Newly carpeted Lounge Bar to the front with a timber dance floor and stage area, upholstered fixed seating and timber framed captain chairs for approximately 50 covers

Public Bar


Sections of upholstered fixed seating and buffet stool, a new false ceiling has recently been installed along with flooring. There are 2 Pool Tables, 1 Snooker Table and a Darts Area,Ladies and Gents disabled toilets.

Cellars and Store Rooms


There 3 Cellars and 2 Store Rooms together with Hall.

Outside


Outside Smoking Area.Patios to front, side and rear with outside seatingThere is an attached Garage to the rear.

FIRST FLOOR FLAT


Lounge Kitchen Three Bedrooms BathroomStore

GENERAL INFORMATION


TENURE - we are advised the property is Freehold. LICENCE - a premises licence prevails, further information can be obtained by contact Mortimers Estate Agents Great Harwood office.

SERVICES


We are advised that the property is connected to all main services.

VAT


All prices quoted and offers made shall be deemed to be exclusive of VAT and this will be added where applicable. In most cases VAT is reclaimable. Attractive purchasers should consult their accountants for professional advice in this respect.

TRADE


Our client purchased the property in 2010 and undergoing major investment including new decorating of the bar areas and LED lighting, solar panels on the roof and creating an additional patio area at the rear.During the winter months the business opens at 2.00 pm until midnight during the week, and 2.00 pm until 1 am at the weekends

SALE PRICE


£250,000 + VAT

LEASE


5 years or multiples thereof on full repairing and insuring terms subject to 5 yearly reviews.

RENT


25,000 per annum + VAT

PREMIUM


£25,000 + VAT for fixtures, fittings and goodwill.

Directions
The property is best located by leaving Accrington on Blackburn Road at the traffic lights in the centre of Church continuing straight along through on to Blackburn Road and upon entering the West End of Oswaldtwistle turn left in to Thwaites Road and the property will be found half way up on the right hand side.

Read more