Freehold Pubs For Sale Near Me
Freehold Pubs For Sale Near Me Overlook
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▷About freehold pubs for sale near me
Find a freehold pubs for sale near you today. The freehold pubs for sale locations can help with all your needs. Contact a location near you for products or services.
This article provides an overview of freehold pub properties that are currently for sale near your location. Buying a freehold pub can be a great investment opportunity or the chance to run your own business. Below are some frequently asked questions about freehold pubs for sale.
What is a freehold pub?
A freehold pub is a public house (pub) that is owned outright by the purchaser/landlord rather than leased from a pub company. This means the owner has complete control over how the pub is run and retains 100% of the profits.
How much do freehold pubs typically cost?
Prices can vary significantly depending on factors like location, size, facilities and potential, but as a rough guide most freehold pubs for sale are priced between £200,000 to £2 million. Urban pubs in major cities tend to be at the higher end of this range.
What are the responsibilities of a freehold pub owner?
As the freehold owner you are responsible for all aspects of running the pub business including staffing, stock, repairs & maintenance, license fees and paying all outgoing bills/taxes. You will need to arrange your own insurance and comply with all legal regulations.
What qualifications or experience is needed?
While previous hospitality industry experience can be advantageous, there is no legal requirement to have specific qualifications to buy a freehold pub. However, you will need relevant business management skills and the passion to succeed in this competitive market.
How can I view pubs currently for sale?
Most pubs on the market are listed by specialist licensed property brokers. Sites like OnTheMarket and Rightmove also advertise freehold pubs. Contact local brokers in your target area who can arrange viewings of suitable properties that meet your budget and requirements.
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