Pub for sale

The Crown InnFivehead,TA3 6PQ

217 sq. m. | £385,000

Property Description

Commercial information

  • Business for sale
  • 2,335 sq ft (217 sq m)

Key features

  • FREE OF TIE
  • FREEHOLD
  • REF3000

Full description

Tenure: Freehold

LOCATION
The Crown Inn is located in the beautiful Taunton, Somerset.

The pub is situated in a fantastic location, directly opposite the historic village church. This location is the centre of the village making this a busy pub, perfect for regular repeat trade. This is a densely populated area but is also surrounded by picturesque countryside views.

The area is served by the public transport system, with bus stops within easy walking distance of the property. These bus stops have regular routes into surrounding villages such as Swell, Newport and Drayton. Taunton town centre is approximately 10 miles away from the property and is an easy commute using the regular buses.

The closest A-road to the business is the A358 which connects the towns in the area to the M5 motorway. The road also connects to the A303 that runs through to the tourist town of Exeter.

We are advised this area is not affected by flooding.

BUSINESS
Hilton Smythe is delighted to welcome to the market The Crown Inn. The business was originally established in the 1900's and was taken over by our clients in 2006. This is a well-established business in a close net, traditional village.

Our clients are now looking to sell the business due to the desire to take a well-deserved retirement. The business runs as a pub and restaurant which is very popular in the community. We are advised that this business also incorporates a shop which sells newspapers and other general grocery items. This sector of the business is highly popular as there is no or very little competition in the area.

There has been planning permission accepted for the construction of a separate shop to the front of the property. This would be highly beneficial to the new owner looking to expand this arm of the business and we advise could be highly profitable.

The current turnover is an advised 99,000 per annum. This could be massively increased in several ways such as-
Maximise the use of free social media
Extending the opening hours
Offer a grocery delivery service
Introduce a paper round
Loyalty scheme
Boost the range of stock sold in the shop

This is a very popular pub that highly benefits from loyal repeat trade. Most of the trade is due to the successful pub teams. Some very popular team in the village are the skittles, darts and billiards teams. The pub has an exceptional skittles alley from which they host the team events. This alley has been fitted at considerable cost but is a great addition to the pub.

The premise has a function room which is perfect for private functions and live events. The skittle alley is fitted within the function room and allows for the team events to be separate from the main pub and restaurant area. This private function room should be promoted more in the village as it will bring in a lot of trade. Some of the events held are advertised on the website; where a menu of the food on offer is available. There is a fantastic menu available that offers great food at affordable prices.

This business would be a perfect opportunity for a husband and wife team looking for a change in life style. Above the premise is an owner's accommodation with a double and single bedroom. Hilton Smythe highly advise early viewing for any purchaser interested in this type of successful business.

PREMISES
The business boasts a fantastic cottage style premise and is approximately 217.00m2. This is a 16th century property but is not listed.

This beautifully presented property is very welcoming and benefits from period features such as beamed ceilings, feature fireplace with a wood burning stove, bespoke stone built bar and slate flooring.

The front of the property is well signed and has been recently refurbished to a very high standard. There is a spacious seating area at the front of the property which is fenced off from the tarmacked car park. The carpark is also sectioned off with an authentic stone wall.

The bar area is fully fitted with optics, pumps, shelving and glass fronted drinks chillers. This is a traditional pub with a large service area.

The business also comes with a shop. This shop is complete with perimeter shelving and paper displays. The shop is in a section of the restaurant area.

The property comes with a separate function room which comes equipped with a skittles alley. This is an impressive room and is generously proportioned. This room has very recently been fully refurbished at considerable cost.

The stainless steel kitchen is fully equipped and is immaculately presented. Equipment includes-
Upright freezer
Upright fridge
Upright fridge freezer
3 x Microwaves
Gas hob with 6 burners and electric oven beneath
Full extraction system
2 x Stainless steel fryers
Stainless steel sink and drainer with storage beneath
Separate hand wash basin
Plate warmer
Commercial meat slicer
Commercial dishwasher
Glass topped ice cream freezer
Three door stainless steel chiller

There is separate ladies and gents toilets, there is also a disabled toilet.

To the rear of the premise is a great sized room which is currently used as the office which is equipped with desk, computer monitor and shelving. This room also has the boiler.

To the side and rear of the property is a gravelled area with a number of useful storage sheds all enclosed by secure private fencing.

TENURE
We are advised the business is freehold.

HOURS
The business is open-

Monday: Closed
Tuesday - Friday: 12pm - 2pm & 7pm - 11pm
Saturday: 12pm - 2pm & 6pm - 11pm
Sunday: 12pm - 3pm & 7pm - 11pm

STAFF
The business is run and managed by our clients with the help of casual members of staff.

FINANCIAL PROFILE
The business generates a turnover in the region of 88,000 and has a gross profit of 47% as per 2015 accounts.

Nearest station

  • Taunton (7.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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 station

  • Taunton (7.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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.

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