This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

3 bedroom pub for sale

FLACKWELL HEATH BUCKINGHAMSHIRE REF: 6713 LEASEHOLD

Sold STC £75,000

Property Description

Commercial information

  • Business for sale

Key features

  • Exceptional Village Inn situated close to High Wycombe & the River Thames.
  • Attractive Main Lounge Bar/Dining (circa 44).
  • Restaurant Area (circa 36 covers) and Public Bar/Pool Table Area (circa 20).
  • Glorious outside trading area with 3 patio areas (circa 50), lawned area (circa 30)
  • Children’s play area and car parking for circa 30 vehicles.
  • Spacious 3 double bedroom owners’ accommodation
  • Advised turnover y/e Jun 2010 circa £477,600 (incl. VAT) with a trade split of 60% wet 40% dry.
  • Circa 12yrs left on an Enterprise Inns Lease.
  • Free of tie on one guest ale, wines, spirits, cider and minerals.

Full description

Tenure: Leasehold

LOCATION
This charming traditional village inn is located in the highly desirable hamlet of Flackwell Heath, in the much sought-after county of Buckinghamshire. Flackwell Heath conveniently lies close to High Wycombe & the M40 & M25 motorways. Because of its close proximity to London, it has become a popular place for commuters to live. Located on the southern border of Buckinghamshire, within close proximity of many affluent catchment areas such as; Marlow, Henley-on-Thames (world famous Henley Regatta), Beaconsfield, Gerrards Cross, Bourne End, Burnham and Littleworth Common. Just a little further away are the national attractions of Windsor Castle, Legoland, Ascot racecourse, Kew Gardens and all the attractions of London which brings tourists to the area all year round.

THE PROPERTY
This glorious village inn has an abundance of character and is a very well presented 2-storey property of brick construction beneath a pitched tiled roof, occupying a prominent main road position.

Attractive Main Lounge Bar/Dining Area (circa 44) has exposed wooden beams, long bar server, wooden tables with upholstered chairs and wooden flooring.

Inviting Restaurant (circa 36 covers) with feature wood burning fireplace, service area, tables & chairs and is fully carpeted.

Public Bar/Games Area (circa 20) with pool table, darts throw, TV, leather sofa, bar severy and wooden tables and chairs.

Ladies and Gents W.C.’s.

There is a fully fitted commercial kitchen with full extraction facilities and stainless steel appliances (appliances not tested) and plenty of storage.

Lower ground floor cellar, with python system, pumps and cooler.

OWNER’S ACCOMMODATION
The owner’s accommodation is situated on the 1st floor and briefly comprises: 3 double bedrooms, lounge and bathroom.

EXTERNAL
To the rear of the property lies an expansive garden area with views of stunning rolling countryside. There are 3 Patio/decking areas (circa 50) with picnic benches & parasols, lawned garden area (30) having a children’s play area and to the front elevation is car parking for circa 30 vehicles.

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- Thursday 10am to midnight
Fri - Sat 10am to 1am
Sunday 12noon to 11pm

Current opening hours are:

Mon – Friday 12noon-3pm & 5:30pm-11pm
Sat - Sunday 12noon till 11pm

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 business is offered for sale as a lease assignment with approximately 12 years remaining of the Enterprise Inns full repairing and insuring, renewable agreement. We are advised that the inn is free of tie for one guest ale, wines, spirits, cider, soft drinks and alcopops. We are informed that the rent is currently £39,000 per annum to be reviewed in June 2013. We are advised that at the end of the term, the Lease (not seen by Guy Simmonds) should be renewable with no further premium – subject to the provision of the Landlord & Tenant Act 1954.

We are advised that the inn benefits from mains services (no services seen or tested). Business rates payable are advised as currently being circa £11,000 per annum.

THE BUSINESS
The current owners have run this fantastic business for the past five years and have enjoyed a wonderful lifestyle, in a locale which is considered by many to be one of the most affluent areas of the South East. Within this time they have improved the food offering and are well known within the surrounding areas for their good quality fresh produce & good beers. The business is very successful, due to the commitment of the vendors to provide a welcoming environment and we still feel that there is plenty of scope to further increase the turnover. We are advised that turnover for y/e June 2010 is circa £477,600 per annum (incl. VAT) on a trade split of 60% wet 40% dry. This represents a wonderful opportunity to acquire a fantastic business for an owner operator/management couple with future growth potential.

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

Viewing appointments must be made by contacting 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.


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

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer

Property reference 6713. 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.