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5 bedroom pub for sale

ESSEX

£35,000

Property Description

Commercial information

  • Business for sale

Key features

  • Attractive and thriving village inn located in the highly desirable location of West Bergholt.
  • Inviting and cosy Lounge Bar (circa 15+).
  • Relaxing and welcoming Restaurant (circa 70 covers)
  • Wealth of character throughout with exposed beams, timber pillars and a feature real open fireplac
  • 4 immaculate Letting Bedrooms.
  • 1 bedroomed owner’s accommodation.
  • Advised current turnover circa £400,000 (incl. VAT).
  • Trade split circa 70% food, 20% wet and 10% accommodation.
  • Approximately 17 years remaining on Punch Taverns partially tied renewable lease.

Full description

Tenure: Leasehold

REF: 6920.


AN EXTREMELY RARE OPPORTUNITY TO ACQUIRE A HIGHLY SUCCESSFUL AND WELL ESTABLISHED LUCRATIVE BUSINESS OFFERING IMMENSE GROWTH POTENTIAL

LOCATION
This super business resides in the highly desirable and affluent rural village of West Bergholt, in the delightful county of Essex and can be easily reached from the A12/B1508 intersection near Colchester. Situated in the heart of the commuter belt and also having excellent road communications providing easy access to the A12, M25, M11, M23, A1(M) and M1 motorways making this superb location an extremely popular commuter area for the major motorways and the major international airports of Heathrow, Gatwick, Stansted and Luton. The village of West Bergholt is situated north west of Colchester and is also within close proximity to the Harwich and Parkeston Ferry terminal, bringing an abundance of visitors and tourists from Holland and Denmark all year round. West Bergholt is also situated close to Braintree, Ipswich, Chelmsford, Felixstowe and Clacton On Sea making this traditional country village inn ideally situated to draw trade from the nearby surrounding towns and villages and has an excellent level of repeat trade and is also well serviced by local schools, shops and amenities. An enviable place to reside and a compelling trade opportunity.

THE PROPERTY
This charming inn originally built circa 1756 is a substantial and attractive property occupying an excellent trading position. Main entrance at the front leading into Lounge Bar (circa 15+) is a lovely traditional and characterful area exuding a warm and inviting ambience having a feature central return bar servery with a solid polished granite counter with a mirrored back fitting having a range of trade optics and refrigerated bottle coolers (not tested) which is complemented by a range of loose polished tables, upholstered chairs, upholstered bar chairs, a comfortable leather sofa and leather padded stools. Adding to the charm and character is the lovely beamed ceiling and timber pillars. Open access to the Restaurant (circa 70 covers in total) set within 3 lovely dining areas offering a comfortable and relaxing atmosphere, being well furnished with a good range of polished tables and upholstered chairs. Adding to the lovely dining ambience is the feature brick built open fireplace (located at one end of the inn) and the part panelled walls. Access to the W.C.s.

Catering facilities include a fully equipped commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested). There is also a Wash-up Area and Prep Area.
Ground Floor Cellar with delivery access, pumps, python, post mix and cooler.
Ladies and Gents W.C.’s.

LETTING ACCOMMODATION
Situated on the 1st floor offering good sized luxurious rooms presented in excellent decorative order and briefly comprises: 4 bedrooms (2 with en-suite facilities), shared bathroom, T.V and tea/coffee making facilities.

OWNER’S ACCOMMODATION
Situated on the 1st floor briefly comprises: 1 bedroom/office.

EXTERNAL
There is a good sized enclosed lawned Beer Garden with a good range of timber picnic benches. There is an additional plot of land at the rear with water and electricity and would be ideal as a caravan site (subject to the necessary planning consents). There is a garage currently used for storage and a timber shed also used for storage. Patrons parking facilities for circa 30 cars.

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:
Monday – Wednesday – 11.00am – 11.00pm
Thursday – Saturday – 11.00am – Midnight
Sunday – Midday – 10.30pm
The current opening hours are as follows:
Monday – Saturday – Midday – 2.30pm & 6.00pm – 11.00pm
Sunday – Midday – 4.30pm

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 business is offered for sale as a lease assignment with approximately 17 years remaining of the Punch Taverns full repairing and insuring, renewable agreement. We are advised that the inn

is partially tied to draught beers and bottled beers ONLY. We are informed that the rent is currently £38,000 per annum. 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 all mains services with the exception of Flo-gas for cooking and uses oil fired heating (no services seen or tested). Business rates payable TBA.

THE BUSINESS
Our vendor clients, in situ since 2005 have operated this excellent business as a husband and wife team on a part time basis with the assistance of 2 full time and 18 part time members of staff. The trade is currently derived from circa 20% wet, 70% food and 10% accommodation sales, whereby providing massive scope for a new hands-on partnership with previous experience of running a food/letting orientated operation enabling them to take this business to greater heights by capitalising on the huge potential by focussing on a strategic marketing campaign via additional online booking agents to further promote the superb letting accommodation. This certainly is a golden opportunity for those seeking a lifestyle change or an alternative career from the stress and strife of the City or even as an additional income stream whilst commuting. Advised current sales are circa £400,000 (incl. VAT). This delightful country inn is a well-established and highly successful business and in our opinion with the above areas of potential we would quite easily expect a fully focussed and fully committed operator to achieve a turnover well in excess of £450,000 (incl. VAT).
Accounting information will be made available to interested parties after viewing.

This business was viewed by Martin McConnell who would be delighted to discuss further details and can be contacted on 07970 213549.

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.

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 448091 Local call rate

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Disclaimer

Property reference 6920. 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.