Abbey Hotel, Coronation Road North, Hull
Click to Enquire or call: 01473 599 160
INVESTMENT PLANNED!
The Abbey Hotel is at the heart of this residential housing area used by residents and just a short bus ride in and out of Hull.
The pub has three bars, one used as the “bar”, one as a games/function room, and the other solely for functions. The pub is focal to the local area gets involved with charity and fundraising events and is a place where local families have the facilities to hold celebrations and events.
To the front of the pub there is a beer patio and smoking shelter and wrapping around the pub, there is a car park for c.25 cars.
The private accommodation consists of three bedrooms a lounge, a kitchen, a bathroom an office and plenty of storage areas. It also has two internal garages, one being more of a large workshop.
The pub is currently totally wed-led. There is, however, scope to add food, but investment in a kitchen would be required. The machine income from the business is strong, and there is scope to grow the teams in the local pool and dart leagues.
This pub would ideally suit an experienced operator; nonetheless, the right person without experience but with the desire to be part of the community and grow the business around the pub as the hub would be a great fit.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the energy performance certificate is available from the landlord.
Length of Tenure: 5 years with entry via a TAW
Agreement type: Part-Tied Tenancy (free of tie wines, spirits, and non-postmix minerals)
Rent: £12,000
Ingoings: £3,000 plus working capital. Proof of funding will be required for c.£10,000.
Contact our Business Development Manager for this region - Greg Crabtree.
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