5 bedroom pub for sale

HAMPSHIRE

£95,000

Property Description

Full description

Tenure: Leasehold

Ref LEASEHOLD


BEAUTIFUL AND THRIVING LEASEHOLD VILLAGE INN & RESTAURANT WITH 2 BED COTTAGE SITUATED WITHIN THE AFFLUENT HAMPSHIRE VILLAGE OF ROTHERWICK


Lovely location in the heart of Rotherwick, a sought after village close to the M3.

Superb Lounge Bar/Dining Area (circa 60) with solid wood floors and two lovely fireplaces.

Excellent Restaurant (circa 45) benefitting from quarry tiled floors and doors to the Beer Garden.

Detached 2 Bedroom Cottage (possible letting).

Mature & Enclosed Beer Garden (circa 60+).

Large Car Park & Front Seating Area.

Advised turnover circa 429,000 (incl. VAT) for year ending 03/17 with a trade split of 60% food & 40% wet.

Partially tied renewable lease with a rent of only 32,500.

AN EXCELLENT OPPORTUNITY TO ACQUIRE A LOVELY BUSINESS IN A
STUNNING HAMPSHIRE VILLAGE



LOCATION
This outstanding and beautiful business is located in the heart of Rotherwick, Hampshire.
Rotherwick is an extremely desirable and sought after village in the Hart district of Hampshire.
This lovely village is situated between the Whitewater and the Lyde, both tributaries of the River Loddon.
Rotherwick is located within 2 miles of Hook and 5 miles from Basingstoke and offers excellent road links, with Junction 5 of the M3 Motorway only a few miles away.
The business is surrounded by wonderful countryside and the very popular Tylney Park Golf Club is just around the corner from this thriving business.

THE PROPERTY
This stunning Village Inn & Restaurant is of brick construction, with partial rendering, under a pitched, tiled roof, occupying an beautiful position within Rotherwick, Hampshire.

The Lounge Bar/Dining Area (circa 60) is a lovely open plan room with a shabby chic style offering solid wood floors, excellent bar servery area, beamed ceilings, wood panelling and two superb log burner fireplaces.

The Restaurant (circa 45) has a lovely light and airy feel and benefits from doors to the Patio & Lawned Beer Garden. This area also benefits from beamed ceilings, quarry tiled flooring, wood panelling, feature fireplace and exposed brick walls.

Ladies and Gents W.C.'s.

There is a good size Commercial Catering Kitchen with stainless steel appliances (not tested) and work surfaces along with a Walk In Fridge.

The Ground Floor Cellar offers a python and cooler system.

DETACHED COTTAGE
Within the grounds is a Detached Cottage that offers Two Double Bedrooms, Lounge-Diner, Kitchenette and Bathroom. This is currently let out as staff accommodation.

OWNER'S ACCOMMODATION
The owner's accommodation is situated on the 1st floor and briefly comprises: Three Double Bedrooms, Lounge, Kitchen-Diner and Bathroom. The living accommodation has its own entrance.

EXTERNAL
To the rear of the building is a lovely Patio & Lawned Beer Garden offering seating for approx. 60-80 customers. This area is a Mature & Enclosed Garden benefitting from a Children's Play Area. To the front of the property is a Patio Terrace Area with seating for 30 customers.
To the rear of the business is an extensive Car Park for 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:

7 days per week 9am - 11pm

Current opening hours are:

7 days per week 9am - 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.

GENERAL REMARKS
The business is offered for sale as a lease assignment with approximately 5 years remaining of the Enterprise Inns' full repairing and insuring, renewable agreement. We are advised that the inn is free of tie for wines and bottled beers & ciders. We are informed that the rent is currently 32,500 per annum to be reviewed in 2022. 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 LPG and all other mains services (no services seen or tested) and is heated by oil central heating. Business rates payable are advised as currently being circa 13,200 per annum.

THE BUSINESS
The current owners purchased the business 5 years ago and are offering the business in excellent condition with a solid trading foundation. This lovely property sits in very affluent area within North Hampshire and has an excellent mix of clientele throughout the year. This presents a great opportunity for new owner operators to benefit from an established business with a wonderful 'quality of life'.
Advised turnover for year ending 03/17 is circa 429,000 (inc vat) with a trade split of 60% food and 40% wet.
Accounting information will be made available to interested parties after viewing.
This business was viewed by Marc Blackford who would be delighted to discuss further details and can be contacted on 07812 753014.
Viewing appointments must be made by contacting Guy Simmonds.

Details Prepared: Sept 2017

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.

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, 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.
(IX) All prices quoted are excluding stock at valuation.



Nearest stations

  • Hook (1.6 mi)
  • Winchfield (3.1 mi)
  • Bramley (Hants) (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds Business Transfers Limited , National Licensed Property

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448136 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.

Map & Street View

Nearest stations

  • Hook (1.6 mi)
  • Winchfield (3.1 mi)
  • Bramley (Hants) (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds Business Transfers Limited , National Licensed Property

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448136 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 7985. 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 Business Transfers Limited , National Licensed Property. 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.

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