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9 bedroom pub for sale

ESSEX, HORSLEY CROSS, REF: 6790 FREEHOLD

£495,000

Property Description

Commercial information

  • Business for sale

Key features

  • Stunning three section Bar with exposed beams (circa 60).
  • Stylish separate Restaurant (circa 34) with brick built carvery station.
  • 4 letting bedrooms (currently not used).
  • 3 bed owners accommodation.
  • Well maintained private garden with 2 bed static mobile home.
  • Paved patio smoking area; Car park for circa 26 cars.
  • Advised turnover circa £301,810 (incl. VAT) year end December 2009.
  • Trade split is approx 30% wet; 70% food.

Full description

Tenure: Freehold

LOCATION
This charming former ale house dates back to 1486 and can be found in the heart of Constable country on the B1035 just off the A120 in the quaint hamlet of Horsley Cross, Essex. Being the only business in the village there is no other competition. The surrounding villages of Bradfield Heath, Tendring Green and Wix are nearby. Essex’s main sea port of Harwich is only 8 miles away, with the popular seaside resorts of Clacton on Sea, Frinton on Sea (famous for Dad’s Army) and Walton on the Naze within easy reach (approx. 10 miles away). The vibrant and bustling towns of Ipswich and Colchester with their multitude of shops, cinemas, restaurants and other attractions are also only a short drive away.

THE PROPERTY
This substantial restaurant/inn is a two storey building of brick construction under a pitch tiles roof. It is immaculately presented throughout, stylishly furnished and has a traditional feel.
The Public/Lounge Bar (circa 60), accessed from the main entrance, is of a high standard and has a warm cosy atmosphere with a wealth of exposed beams, two brick fireplaces with coal effect fires, central bar server with oak counter top fully equipped with bottle fridges, coolers and a full range of optics etc. Carpeted throughout, tastefully furnished with pews and matching tables and chairs, well appointed menu boards and AWP machine (it should be noted that the jug collection is not included in the sale).
Ladies & Gents WC’s are located in the corridor between the bar and restaurant and are of a high standard.
The Restaurant (circa 34) has exposed beams and brickwork, and brick built carvery station with separate bain marie unit. Carpeted throughout, the room is tastefully decorated and furnished with matching tables and chairs.
There is a prep and storage area and a fully equipped commercial kitchen (equipment not tested). Further fridge freezer storage is housed in the two outbuildings in a covered private yard.
The Cellar is at ground level to the rear of the bar, fully equipped with coolers, cellar boys etc. Well maintained with lockable split storage.

LETTING ACCOMMODATION
On the first floor are 2 double and two single bedrooms (not en-suite), communal shower room with w/c - all in good decorative order. It should be noted that the letting rooms are not in use at present due to fire regulations; however planning permission has been granted to upgrade the rooms to the required level and to install a fire escape. In doing this it would reduce the letting accommodation to 2 double and 1 single bedrooms.

OWNER’S ACCOMMODATION
The owner’s accommodation is situated on the 1st floor and briefly comprises: 2 double and 1 single bedrooms, private kitchen, lounge and family bathroom, also in good decorative order.

EXTERNAL
To the rear there is a large well maintained private garden laid to lawn with paved area. There is a static mobile home in superb condition with double and single bedrooms, lounge, shower room with w/c and kitchen.
There is a Car Park for circa 26 cars and a paved patio used as a smoking area.
A verbal agreement is in place to acquire the land to the right of the inn to increase the size of the car park.

TRADING & LICENSING
We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:
Mon-Sat 11am to midnight
Sun 12noon to 10.30pm

Current opening hours are:
Mon – Sat 11am to midnight
Sun 12noon to 10.30pm

NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House. Guy Simmonds hold this 1 day APLH Course every month. Please telephone us to reserve your
place or book on-line at www.guysimmonds.co.uk

GENERAL REMARKS
The property and business is being offered for sale freehold (although we have not had sight of the title deeds). All mains services are connected with LPG for cooking and heating (no services tested).

Business rates payable are advised as being circa £10,000 per annum.

THE BUSINESS
Our vendor clients have owned the business for the last twenty years and have built up an excellent reputation as a quality food destination inn. The business is currently staffed by the owner’s son and partner full time, two full time chefs, one full time cleaner and one part time bar staff.
This business is ideally located and has a well established trade from the surrounding area. Situated on the main route from Harwich Port, the business has previously enjoyed bed and breakfast custom from business people and tourists travelling to and from the Port.
We are advised that accounts declare takings of circa £301,810 (incl. vat) in the year ending December 2009 with a trade split of 30% wet and 70% food. Reconstituted net profits are circa £66,000 (adding back dep’n, bank chgs and partner’s wages).
There is massive potential for a new owner operator with catering experience to take the business to its next level by upgrading the letting accommodation to the required standard and re-introducing bed and breakfast, and to also transform the private rear garden into a family beer garden whilst maintaining the already well established food trade.

Accounting information will be made available to interested parties after viewing.

The property was viewed by Geoff Bryan who would be delighted to discuss further details and can be contacted on 07887 571720.

Viewing appointments must be made via Guy Simmonds.

VIEWING: All appointments must be made through Guy Simmonds. Please note that these Sales Particulars are issued on the strict basis that all negotiations, viewings and contacts in connection with this business are conducted through Guy Simmonds who are appointed by the vendor to act under a Sole Selling Rights agreement with total confidentiality. Any breach of these terms may make you liable in law to litigation and damages. Under no circumstances must you approach the owner direct without a formal appointment or disclose to other customers and staff that the Premises are for sale.

TRAINING: For a brochure and dates of our award-winning training courses leading to the relevant B.I.I, qualifications (and APLH). Telephone (01332) 865112 or view on www.guysimmonds.co.uk Courses are monthly.

FINANCE FOR PURCHASING A LICENSED PROPERTY: We are in constant touch with a leading finance broker who specialises in arranging Business Finance for Licensed Properties. Whether you are purchasing a Licensed Property through ourselves, or another agent, we will be pleased to contact on your behalf our specialist who can arrange the necessary Finance Package for you at preferential rates. Please telephone for free and no obligation advice with regards to financing a Business.

Guy Simmonds for themselves and for the vendors or lessors of this property and/or business whose agents they are give notice that:-
(I) These particulars are a general outline for the guidance of intending purchasers (or lessees) and do not constitute an offer or contract, nor any part of an offer or contract.
(II) All descriptions, dimensions (note; 1ft. = 0.348 m), distances, maps/plans, references to condition, trading figures and other items in these particulars are given as a guide and no responsibility is assumed by Guy Simmonds for the accuracy of individual items. Intending purchasers (or lessees) should not rely on them as statements of representations of fact and should satisfy themselves as to the correctness of each item by making independent enquiries.
(III) Intending purchasers (or lessees) should make their own independent enquiries regarding the use of the property, necessary permissions for use and occupations, potential uses and any other matters affecting the property prior to purchase.
(IV) Guy Simmonds do not make or give whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to this property. No responsibility is taken by Guy Simmonds for any error, omission or mis-statement in these particulars. Guy Simmonds do not warrant the accuracy of any accountancy information supplied and purchasers are advised to take independent advice in order to satisfy themselves.
(V) Guy Simmonds are unable to give any warranty as to the working order of any apparatus, equipment, fittings or services associated with the premises and therefore, cannot verify they are in full working order. Purchasers are strongly advised to obtain specialist reports prior to exchange of contracts in order to satisfy themselves.
(VI) All statements and descriptions are made without responsibility or warranty by Guy Simmonds, the vendors or lessees. Neither do Guy Simmonds nor the vendors/lessees hold ourselves responsible for any expenses whatsoever incurred by applicants inspecting Businesses which may be sold or withdrawn, to include travelling, valuation/survey, legal fees etc.
(VII) No person in the employment of Guy Simmonds has any authority to make or give any representation or warranty whatever in relation to this property.
(VIII) It should not be assumed that the contents of any photographs are included in the sale.

Energy Performance Certificates (EPCs)

To view this property or request more details, contact:

Guy Simmonds, National Licensed Property Agents

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 903061 Local call rate

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Disclaimer

Property reference 6790. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Guy Simmonds, National Licensed Property Agents. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.