3 bedroom pub for sale

POWYS

£245,000

Property Description

Key features

  • Wonderful location set back from the A487 in Derwenlas, Powys with views over Snowdonia Park
  • Lounge Bar/Dining Area/Restaurant (circa 50) with many character features
  • 2 Double/Twin Letting Bedrooms
  • Well presented 1-2 Bedroom Living Accommodation.
  • Lovely trade gardens with views over the National Park and children's play area.
  • Advised turnover for y/e 03/15 is circa 104,000 (inc vat).
  • Trade split of 25% wet and 75% food.
  • EXCELLENT OPPORTUNITY TO ACQUIRE A SUBSTANTIAL BUSINESS IN A DESIRABLE LOCATION WITH HUGE POTENTIAL

Full description

Tenure: Freehold

REF: 6423 FREEHOLD


LOCATION
This 500 year old Freehold Inn with letting bedrooms is located within the village of Derwenlas, Powys.
Derwenlas is a hamlet in northern Powys, located on the A487, main Machynlleth to Aberystwyth road.
It lies on the Afon Dyfi and was once a port serving the market town of Machynlleth, which is within a few miles.
Machynlleth is a market town in the traditional county of Montgomeryshire, north Powys. It is in the Dyfi Valley with a population of approximately 2000 people.
Both Derwenlas and Machynlleth lie on the outskirts of Snowdonia National Park which offers a range of fantastic outdoor activities including mountain biking, canoeing, walking, climbing and bird-watching.

THE PROPERTY
This traditional inn is of stone construction, under a pitched, tiled roof, occupying an excellent prominent position within the village of Derwenlas with views over Snowdonia National Park.

The Lounge Bar/Dining Area/Restaurant (circa 50) is a delightful open plan room with many character features including a stunning open fireplace, slate tiled flooring and tudor style walls. The room also benefits from a bar servery, carpeted flooring and beams ceiling.

Ladies and Gents W.C.'s.

Ground Floor Cellar has pumps, racks, python system and coolers.

Fully Equipped Commercial Catering Kitchen with stainless steel appliances (not tested) and work surfaces and offers easy access to all trading areas.

OWNER'S/LETTING ACCOMMODATION
The owner's accommodation is situated on the 1st and 2nd floors and briefly comprises: 3 double bedrooms, large lounge, dining room with kitchenette and a bathroom. Two of the double bedrooms are utilised as letting bedrooms with stunning views over Snowdonia National Park.

EXTERNAL
To the rear of the property is a raised trade garden with a children's play area offering wonderful views.
To the front of the property is further seating for approximately 12.

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 11am to 11pm

Current opening hours are:

Monday CLOSED
Tues - Sat Midday - 2pm / 6pm - 11pm
Sun Midday - 2pm / 7pm - 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 and property is being offered for sale freehold (although we have not seen sight of the title deeds). We are advised that the inn benefits from LPG, mains electric, sewerage and water (no services seen or tested), and heated by electric/storage heaters. Business rates are advised as currently being circa 2,500 per annum.

THE BUSINESS
The current owners purchased the business 13 years ago and have built a strong trading foundation with a good reputation in the area for food. Our vendors have enjoyed a long and successful time at the business and are offering the property and business in excellent condition throughout.
This profitable business offers an ideal opportunity to acquire a lovely property in a very desirable location.
The advised turnover for year ending Mar 15 is circa 104,000 (inc vat) with a trade split of 25%/75% in favour of food.
The property is located in a desirable village and offers a good local trade along with being surrounded by caravan sites and holiday cottages.

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.

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.


Nearest stations

  • Dovey Junction (1.8 mi)
  • Machynlleth (1.9 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

  • Dovey Junction (1.8 mi)
  • Machynlleth (1.9 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 6423F. 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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