This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

3 bedroom pub for sale

SURREY

£125,000

Property Description

Key features

  • Distinctive & substantial property situated in the beautiful & highly desirable location of Bentley.
  • Welcoming & cosy Lounge Bar (circa 50+) & a versatile & multi-functional Restaurant (circa 26+ covers) exuding a relaxing & intimate ambience.
  • Fully equipped Commercial Catering Kitchen.
  • Refurbished & modernised throughout with no expense spared.
  • Highly impressive 3 bedroom family accommodation.
  • Good sized Beer Garden & Car Park for 18 cars.
  • Advised current turnover circa 500,000 (incl. VAT).
  • Trade split circa 60% wet & 40% food sales
  • Offered on NEW PRIVATE FREE-OF-TIE 10 YEAR RENEWABLE LEASE.

Full description

Tenure: Leasehold

REF: 7724 LEASEHOLD




AN OUTSTANDING OPPORTUNITY TO PROCURE A SOLID BUSINESS AND FAMILY HOME WITH AN EXTREMELY WELL ESTABLISHED TRADING FOUNDATION AND AN ENVIABLE LIFESTYLE OFFERING TREMENDOUS GROWTH POTENTIAL

LOCATION

This outstanding business is situated in the affluent and highly sought after village of Bentley in the glorious county of Surrey and can be easily reached from the A31 near Farnham. Situated within the commuter belt being approximately ONLY 40 miles from the capital city of London and also having excellent road communications, providing easy access to the M25, M3 and M1 motorways making this superb location an extremely popular commuter area for the major motorways and the major international airports of Heathrow and Gatwick. This delightful village inn is ideally situated to draw trade from Farnham, Alton and Bentley itself, and also attracts a desirable clientele emanating from the affluent nearby surrounding towns and villages situated within the Surrey Hills and has an excellent level of repeat trade. Bentley, one of Surrey Hills' most popular villages, is a highly desirable area for families and has many excellent facilities and amenities; including the numerous glorious circular walks in and around the world famous Frensham Ponds, Waggoners Wells and The Devil's Punch Bowl. A compelling business opportunity and an enviable place to reside.

THE PROPERTY

This impressive property built circa 1800 occupies an easy accessible trading position in this sought after and affluent village.
Main entrance at the front leading into the lobby with access in to the Lounge Bar (circa 40+) is a lovely traditional room exuding an inviting and comfortable ambience having a central feature return bar servery with a solid polished oak counter and a matching back fitting with trade optics and refrigerated bottle coolers (not tested). The room is very well furnished with a range of solid oak tables, upholstered chairs, fixed upholstered perimeter seating and upholstered bar stools. There is also a delightful bay window seating area (circa 10+) exuding a wonderful cosy ambience having fixed upholstered perimeter seating and a central solid oak table. Adding to the charm and character of the room is the feature brick built open fireplace, the part panelled walls and the part solid oak floor. Access to the Restaurant (circa 26+ covers) is a good sized versatile and multi-functional room ideal for a variety of events including wakes and private parties etc and offers a relaxing and intimate dining atmosphere and is well furnished with an excellent range of solid polished tables and a mix of upholstered chairs. There is also a coffee/drinks serving counter and a back fitting with shelving. The room has a solid oak floor and lovely part panelled walls.
Catering facilities include a fully equipped commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested). Access to the covered storage area with walk in chiller.
Ground Floor Cellar with delivery access, pumps, python, post mix and cooler.
Ladies and Gents W.C.s

OWNER'S ACCOMMODATION

Situated on the 1st floor, being well presented and offering good sized rooms briefly comprises: 3 bedrooms, kitchen, lounge and bathroom.

EXTERNAL

Opposite the inn is the patron's car park for circa 18 cars. There is a good sized enclosed Beer Garden having lovely thatched heated gazebos with seating and a covered designated smoking area. There is also a paved seating/drinking area at the front with timber picnic benches.

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:
Monday - Saturday - 11.00am - Midnight
Sunday - Midday - 11.30pm
The current opening hours are as follows:
Monday - Thursday - 09.00am - 11.30pm
Friday & Saturday - 09.00am - Midnight
Sunday - 09.00am - 11.00pm
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 being offered for sale as a NEW highly favourable 10 year Private FRI Lease Agreement as follows:
1. The asking premium will be 125,000.
2. The initial annual rent will be 45,000
3. The annual rental is simply RPI linked to inflation every 3 years, hence no rent reviews.
4. Rent payable quarterly in advance.
5. Lease re-assignable after initial 2 year period.
6. Free of all brewery and supply ties.
7. Each party responsible for own legal costs relating to the transaction.
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 main services and uses gas fired central heating (services not tested). Business rates payable are advised as being approximately 4,620 per annum.

THE BUSINESS

Our vendor client operates this successful business on a 'hands-off' basis with the assistance of 3 full time and 2 part time members of staff. Trade is currently derived from circa 60% wet and 40% food sales, thereby providing immense scope for a new hands-on owner operator partnership with previous experience of running a catering/events orientated operation to elevate this business to the next level by expanding the current food offering and by also focussing on a strategic marketing campaign to promote the diversity of the premises to cater for weddings, private parties and wakes etc, for which there is huge demand within the locale. This is an extremely rare and outstanding opportunity for those seeking a lifestyle change or an alternative career from the stress and strife of the City or even as an additional income stream whilst commuting. Advised current turnover is circa 500,000 (incl. VAT).This delightful inn is a well-established and successful business and in our opinion with the above areas of potential we would quite easily expect a fully focussed and fully committed operator to achieve a turnover well in excess of 600,000 (incl. VAT).

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

This business was viewed by Martin McConnell who would be delighted to discuss further details and can be contacted on 07970 213549.

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

Energy Performance Certificates (EPCs)

Map & Street View

Disclaimer - Property reference 7724. 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, National Licensed Property Agents. 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.

Map data OpenStreetMap contributors.