10 bedroom pub for sale

WILTSHIRE; Stapleford

£75,000

Property Description

Key features

  • Wonderfully located business alongside the River Till and on the main road through the village.
  • Very well presented Lounge Bar/Dining Area (circa 30) with lovely bar server, beams and carpets.
  • Beautiful Stables Restaurant (circa 45) offering polished flagstones, beamed ceilings and garden view.
  • Dining Area (circa 25) with inglenook fireplace.
  • Stunning Riverside Gardens (circa 100) along with a Patio Terrace Area for 50 customers and Car Park.
  • 5 En-Suite Letting Bedrooms.
  • Spacious 5 Bedroom Living Accommodation.
  • Advised turnover for y/e 03/15 is circa 515,122(incl. VAT) with a trade split of 30% wet and 70% food.
  • 11 yrs left on a Marston's lease with a rent of 53k.

Full description

Tenure: Leasehold

REFERENCE 7725; LEASEHOLD

ABSOLUTELY STUNNING RIVERSIDE INN AND RESTAURANT WITH LETTING BEDROOMS AND BEAUTIFUL TRADE GARDENS WITH HIGH TURNOVER IN THE WILTSHIRE VILLAGE OF STAPLEFORD, CLOSE TO SALISBURY

WONDERFUL OPPORTUNITY TO ACQUIRE A RENOWNED RIVERSIDE INN

LOCATION
This simply stunning Riverside Inn & Restaurant with Letting Bedrooms sits on the banks of the River Till within the highly desirable village of Stapleford, Wiltshire.
Stapleford is a village and civil parish about 4 miles north of Wilton, in the county of Wiltshire.
The village is on the River Till just above its confluence with the River Wylye.
The village is on the B3083 road, which joins the A36 at the southern end of the village. The parish includes the hamlet of Serrington.
The highly desirable City of Salisbury is a short drive away along with the world famous Stonehenge tourist attraction.
Next to the River Till to the north are the earthwork remains of Stapleford Castle, a medieval ringwork and bailey castle.
The Anglican Church of St Mary's dates from the 12th Century and is Grade 1 Listed.

THE PROPERTY
This riverside inn is of local stone construction, under a pitched, tiled roof, occupying an excellent prominent riverside position in the heart of this desirable Wiltshire village.

The Stables Restaurant comfortably seats 45 customers and has polished flagstone flooring, exposed stone walls beamed ceilings and garden views along with quality furnishings.

The Lounge Bar/Dining Room (circa 30) has a lovely welcoming feel with many character features including beamed ceilings and exposed stone. This area also benefits from a large bar server and carpeted flooring.

The Dining Area (circa 25) offers an inglenook fireplace, carpets, beams and exposed stone walls.

The Ground Floor Cellar benefits from coolers and python system.

Ladies and Gents W.C.'s.

There is a large commercial catering kitchen with stainless steel appliances and work surfaces (appliances not tested) with a separate wash up and walk in fridge.

LETTING ACCOMMODATION
Within a separate annexe and all with their own separate entrances are 3 Double/Twin En-Suite Rooms and 2 Family En-Suite Rooms. Some rooms offer river views.

OWNER'S ACCOMMODATION
The owner's accommodation is situated on the 1st floor and briefly comprises: Four Double Bedrooms, Single Bedroom, Lounge, Fully Fitted Kitchen, Bathroom, W.C and separate entrance.

EXTERNAL
To the rear and side of the property is a Stunning Riverside Lawned Beer Garden that sits on the banks of the River Till and offers seating for approx. 100 customers along with a Children's Play Area.
There is a further Patio Terrace Area (circa 50) to the rear of the building.
The business offers a large Car Park for 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:

Mon - Sat 10am - 11.30pm
Sunday Midday - 10.30am

Current opening hours are:

7 days per week 8am - 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 approximately11 years remaining of the Marston's full repairing and insuring, renewable agreement. We are advised that the business is tied for wet products. We are informed that the rent is currently 53,000 with the next review in 2017. 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). Business rates are advised as currently being circa 13,500 payable per annum.

THE BUSINESS
The current owners purchased the business in 2007 and are releasing the business to the market due to family reasons.
The property and business is a very profitable concern and has an outstanding reputation in the area along with benefitting from being positioned in one of the most idyllic riverside locations in the country.
We have been informed that the turnover for year ending 03/15 is circa 515,122 (incl. VAT) with a trade split of 30% wet and 70% food.
This property offers a wonderful opportunity to have a lovely quality of life within a stunning Wiltshire village along with offering a highly profitable well established business.
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: 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 station

  • Salisbury (6.0 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 station

  • Salisbury (6.0 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 7725L. 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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