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3 bedroom pub for sale

SURREY

£1,350,000

Property Description

Key features

  • Thriving 16th century inn located in the prime Surrey village location of Newdigate.
  • Traditional Public Bar (circa 35), cosy Snug Bar (circa 10+) and relaxing and inviting Lounge Bar (circa 35+).
  • Wealth of charm and character throughout with open fires and beamed ceilings.
  • Impressive 3 bedroomed family accommodation.
  • Fully equipped Commercial Catering Kitchen.
  • Delightful Beer Garden (circa 75+) and Patrons Car Park for circa 40+ cars.
  • Advised current turnover circa 810,000 (incl. VAT) with excellent reconstituted net profits of circa 180,000.
  • Trade split circa 55% wet and 45% food. Undoubted potential for catereing/events orientated operators.

Full description

Tenure: Freehold

REF: 7748 FREEHOLD

AN INCREDIBLY RARE OPPORTUNITY TO ACQUIRE A THRIVING AND HIGHLY PROFITABLE BUSINESS AND FAMILY HOME OFFERING TREMENDOUS POTENTIAL

LOCATION
This outstanding business resides in the affluent and highly sought after village of Newdigate, close to Dorking, in the glorious county of Surrey and can be easily reached from junction 9 of the M23 circular near Gatwick Airport. Situated within the commuter belt being approximately ONLY 25 miles from the capital city of London and also having excellent road communications providing easy access to the M25, M3, M4, M40 and M1 motorways making this superb location an extremely popular commuter area for the major motorways and the major international airports of Gatwick and Heathrow. This superb village inn is also within the catchment area of many similar affluent villages in addition to being situated close to Reigate, Crawley, Guildford and Leatherhead making this superb inn ideally positioned to draw trade from the nearby surrounding towns and villages which provide an excellent level of repeat trade.
An enviable place to reside and a compelling trade opportunity.

THE PROPERTY
Main entrance at the front leading into the Public Bar.

Public Bar (circa 35) is a delightful multi-functional room exuding a warm and welcoming ambience; offering versatility in its usage for dining, private parties and wakes etc. There is a return bar servery counter which is complemented by an eclectic range of solid polished tables, upholstered pew style seating and a mix of upholstered chairs. Access to the covered Patio Area, Beer Garden and the Snug Bar.

Snug Bar (circa 10+) is a cosy room having a feature return bar servery with a solid polished counter and a matching back fitting with shelving and refrigerated bottle coolers (not tested). The room is furnished with a solid polished oak table, upholstered perimeter seating and upholstered chairs. Adding to the wonderful ambience of the room is the brick built open fireplace and the beamed ceiling. Access to the Lounge Bar.

Lounge Bar (circa 35+) is an inviting and relaxing room having 3 intimate seating areas and exudes a lovely traditional feel having a feature return bar servery counter which is complemented by a superb range of eclectic solid polished tables, upholstered pew style seating and a mix of upholstered chairs. Adding to the immense charm and character of this room is the delightful log burner inglenook fireplace and the beamed ceiling.

Catering facilities include a fully equipped commercial Kitchen with stainless steel appliances, a wood burning pizza oven and preparation surfaces (appliances not tested).

Ground Floor Cellar with delivery access, pumps, python, tilt racks, post mix and cooler.

Ladies and Gents W.C's.

OWNER'S ACCOMMODATION
Situated on the ground and 1st floors, being of a good size and presented in good decorative order briefly comprises: 3 bedrooms, lounge and bathroom.

EXTERNAL
There is a very good sized lawned Beer Garden (circa 75+) at the rear with a delightful back drop of mature trees and shrubs etc and is furnished with an excellent range of timber picnic benches. There is also a covered paved patio area and a covered barbeque area. Patron's parking facilities for circa 40+ cars. There is also a seating area at the front with timber picnic benches and a private lawned garden for the owners with ample timber storage units, a walk in chiller and an office.

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 - Wednesday - 10.00am - 11.00pm
Thursday - Saturday - 10.00am - Midnight
Sunday - Midday - 10.30pm

The current opening hours are as follows:

Monday - Thursday - 11.30am - 3.00pm & 5.30pm - 11.00pm
Friday & Saturday - 09.00am - 11.00pm
Sunday - 09.00am - 9.00pm

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 property and business are being offered for sale freehold (although we have not had sight of the title deeds). We are advised that the inn benefits from all mains services and uses gas fired central heating (services not tested). Business rates payable are advised as being 10,452 per annum.

THE BUSINESS
Our vendor clients operate this successful business as a husband and wife team on a 'part time' basis with the assistance of 3 full time and a pool of 25 part time/casual members of staff.
Trade is currently derived from circa 55% wet and 45% food sales, thereby providing immense scope for a new operator partnership with previous experience of running a catering/events orientated operation to take this business to even greater heights by focussing on a strategic and extensive marketing campaign to further promote the premises for weddings, private functions and wakes etc, for which there is great demand within the area.
Advised current turnover circa 810,000 (incl. VAT). This truly is an incredible opportunity for either an owner operator to continue to build the business or for a commercial investor to enhance their existing portfolio. This delightful village inn is an extremely 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 1,000,000 (incl. VAT) per annum.
The asking price reflects the current trading foundation, the location and quality of fixtures and fitting, and of course not forgetting that this is an extremely substantial freehold property.

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

The property 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 via 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)

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