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3 bedroom pub for sale

CHESHIRE

Sold STC £39,950

Property Description

Key features

  • 17th Century award-winning village inn situated on the edge of Delamere Forest in beautiful Cheshire
  • Bar/Lounge Area (circa 26 + standing) with Bar Servery
  • Upper Dining Area (circa 30 covers) with real fire; Lower Dining Area/Sun Room (circa 44 covers) also used for private functions, with lovely views
  • Three bed owners' accommodation
  • Car park (circa 45); Veranda Area (circa 6 covers); Lovely large Beer Garden (circa 70) overlooking Hatchmere Lake
  • Advised turnover circa 612,000 (incl. VAT) year-end May 2016
  • Trade split is approx. 30%wet/70%food
  • Excellent opportunity for a new fully focussed hands-on business partnership with a passion for food
  • Renewable lease with circa 11 years remaining

Full description

Tenure: Leasehold

Ref: 7711 LEASEHOLD

PROFITABLE AND BEAUTIFULLY PRESENTED LAKESIDE COUNTRY INN AND RESTAURANT

LOCATION
This delightful inn is situated on the shore of Hatchmere Lake on the outskirts of the lovely rural village of Norley. This is an idyllic and affluent location in Delamere Forest in the heart of the beautiful unspoilt county of Cheshire, providing a superb lifestyle yet within easy reach of the old Roman City of Chester and many adjacent desirable villages with a high disposable income. Delamere Forest attracts a huge number of visitors annually with its fantastic countryside, summer concerts and award-winning outdoor adventure activity centre Go-Ape! It is a destination for pony trekkers, cyclists, fishing enthusiasts, walkers and holiday makers (there is a caravan site close-by).
There are a superb range of local attractions including Anderton Boat Lift, Oulton Park Racing Track, Little Budworth Country Park, Cotebrook Shirehorse Centre, Blakemere Craft Centre, several golf clubs and Beeston Castle. The inn is located on the B5152 between Delamere and Frodsham.

THE PROPERTY
This destination inn is two-storey building of rendered brick construction under a pitched tiled roof occupying a prominent roadside location. The property is immaculate throughout providing a superb environment for discerning customers to enjoy the convivial atmosphere and good standard of cuisine. The trading areas are furnished to an extremely high standard with excellent quality fixtures and fittings. We are advised that parts of the building date back to the 17th Century. The trading areas have been refurbished throughout and provide a welcoming and warm atmosphere.

The Bar/Lounge Area is a cosy room with a warm and relaxing atmosphere. The room features a wood central bar servery, faux leather sofas, loose tables, armchairs, and upholstered perimeter seating. The flooring is part wood and part carpeted.

The Upper Dining Area (circa 30 covers) has a wooden floor and is furnished with dark wood tables, chairs and upholstered perimeter furniture. The fairy lights and real fire give it a lovely intimate ambiance.

The Lower Dining Area/Sun Room (circa 44 covers) is a beautiful bright and sunny room with French doors that open out into the garden with fantastic views over the lake. Part of it can also be used for private functions.
Ladies and Gents W.C.s.

There is a fully equipped Catering Kitchen (appliances not tested) with separate washing-up/preparation area and walk-in fridge. There is a ground floor Cellar.

OWNER'S ACCOMMODATION
The owner's accommodation (not currently used) briefly comprises: two double bedrooms, one single bedroom, kitchen, lounge and a bathroom.

EXTERNAL
To the rear of the building is a covered veranda area with a stone floor and dining area for six. There is an extensive beer garden with seating for circa 70. In the evening the garden is lit up with fairy lights throughout the trees and with its lovely setting overlooking the lake makes a making a most appealing dining experience during the summer time.
There is a car park for circa 45 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:
Sun - Sat 11am to 1am

Current opening hours are:
Sun - Sat 12noon to 11pm
The inn is closed on Mondays during the winter.

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 11 years remaining of the Marston's 21 year full repairing and insuring, renewable agreement. We are advised that the inn is tied for all drinks. We are informed that the rent is currently circa 48,000 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 all mains services (no services seen or tested). Business rates payable are advised as currently being circa 26,000 per annum.

THE BUSINESS
The current owner purchased the business in 2007 and has completely refurbished it. He has established a solid trading foundation offering high quality food and wine in superb surroundings. The inn has won many awards including "Marston's CAPEX pub of the year" and "Marston's Best Pub Restaurant".
This charming inn is a thriving business attracting both locals and tourists. The inn benefits from being in an affluent area as well as being next to Delamere Forest which attracts pony trekkers, cyclists, fishing enthusiasts, walkers and holiday makers. There is a caravan site close-by and we are advised by the vendor that there are plans for a large holiday park in the area and 300 new homes.
We are advised that the turnover is circa 612,000 (incl. VAT) for year ending May 2016 with a trade split of 70% food and 30% wet. This is a desirable and thriving business but the profits could be further increased if the business were purchased by an enthusiastic 'hands-on' couple thereby reducing staff costs accordingly. .

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

This business was viewed by Helen Russell who would be delighted to discuss further details and can be contacted on 07968 376590.

Viewing appointments must be made by contacting Guy Simmonds.
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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.


Energy Performance Certificates (EPCs)

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