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2 bedroom pub for sale

ESSEX

£35,000

Property Description

Full description

Tenure: Leasehold

REF:7810 LEASEHOLD



HIGHLY IMPRESSIVE AND ATTRACTIVE EARLY 17th CENTURY GRADE II LISTED FOOD LED ENGLISH COUNTRY INN SITUATED IN THE AFFLUENT AND HIGHLY DESIRABLE VILLAGE OF ALDHAM, ESSEX

Imposing and substantial village inn situated in the highly sought after location of Aldham.

Traditional Lounge Bar (circa 20), cosy Snug Bar (circa 10) & versatile Restaurant (circa 40 covers).

Well-equipped Commercial Catering Kitchen.

Lawned Beer Garden (circa 50+) & Patron's Car Park for circa 60+ cars.

Good sized 2 Bedroomed Owner's Accommodation.

Refurbished and modernised yet retaining a wealth charm and character throughout.

Advised current sales circa 130,000+ (incl. VAT).

35% wet and 65% food. Undoubted potential for catering/events orientated operators.

Enterprise Inns 'part tied' renewable lease.

A GOLDEN OPPORTUNITY TO PROCURE A WELL ESTABLISHED BUSINESS AND HOME OFFERING IMMENSE GROWTH POTENTIAL AND A WONDERFUL QUALITY OF LIFE IN AN ENVIABLE AND IDYLLIC LOCALE

LOCATION

This super business resides in the highly desirable and affluent rural village of Aldham, in the delightful county of Essex and can be easily reached from the A12/A1124 intersection near Colchester. Situated in the heart of the commuter belt and also having excellent road communications providing easy access to the A12, M25, M11, M23, A1(M) and M1 motorways making this superb location an extremely popular commuter area for the major motorways and the major international airports of Heathrow, Gatwick, Stansted and Luton. The village of Aldham is situated west of Colchester and is within close proximity to the Harwich and Parkeston Ferry terminal, bringing an abundance of visitors and tourists from Holland and Denmark all year round. Aldham is also situated close to Braintree, Ipswich, Chelmsford, Felixstowe and Clacton On Sea making this traditional country village inn ideally situated to draw trade from the nearby surrounding towns and villages and has an excellent level of repeat trade and is also well serviced by local schools, shops and amenities. An enviable place to reside and a compelling trade opportunity.

THE PROPERTY

This traditional village inn, believed to date back to circa 1620 has a wealth of character prevalent throughout, and exudes a lovely cosy ambience epitomising a typical English village inn.

Main entrance at the front leading into the Snug Bar and the Lounge Bar (circa 20) is a lovely traditional and welcoming room having a brick built return bar servery which is complemented by an eclectic range of solid tables, chairs, pew style seating and upholstered sofas. Adding to the charm and character of this room is the feature fireplace with an inset log burner, the flagstone floor and the beamed ceiling. Access to the Beer Garden.
Snug Bar (circa 10) is a cosy room having a feature brick built central return bar servery with a solid polished counter and a mirrored back fitting with shelving and refrigerated bottle coolers (not tested) and is furnished with tables, chairs and leather armchairs. There is also a brick built fireplace with an inset log burner and flagstone flooring. Access to the Restaurant.
Restaurant (circa 40 covers) set within 3 delightful dining areas is a good sized versatile and multi-functional room, ideal for smaller weddings, wakes and private parties etc. Being well furnished with an excellent range of solid polished tables and chairs. There is also a solid oak floor, beamed ceiling and part panelled walls. Access to the Beer Garden.
Catering facilities include a well-equipped Commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested). There is also a wash-up room.
Ground Floor Cellar with delivery access, pumps, python and cooler.

Ladies and Gents W.C's x2 sets

OWNER'S ACCOMMODATION

Situated on the 1st floor, offering good sized rooms and presented in good order, briefly comprises: 2 bedrooms, lounge and bathroom.

EXTERNAL

There is a good sized lawned Beer Garden (circa 50+) at the rear with timber picnic benches and also a paved patio area. Patron's parking facilities for circa 60+ cars.

TRADING & LICENSING

We are advised that the business trades with the benefit of a Premises Licence (not seen) which permits the sale of alcohol during the hours of:
Monday - Sunday - 10.00am - 11.00pm
The current trading hours are as follows:
Monday - CLOSED
Tuesday - Midday - 3.00pm
Wednesday - Friday - Midday - 3.00pm & 6.00pm - 10.00pm
Saturday - Midday - 11.00pm
Sunday - Midday - 5.00pm

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 offered for sale as a lease assignment with approximately 7 years remaining of the Enterprise Inns full repairing and insuring, renewable agreement. We are advised that the inn is partially tied to draught beers ONLY. We are informed that the rent is currently 24,000 per annum. 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 with the exception of Calor gas for cooking and heating (no services seen or tested). Business rates payable are advised as currently being circa 7,000 per annum.

THE BUSINESS

Our vendor clients operate this excellent business as a 'husband and wife' team on a full time basis with the assistance of 1 full time member of staff. Trade is currently derived from circa 35% wet sales and 65% food sales. Whilst emulating the current business model; there is still immense potential for a new full time hands-on owner operator partnership with previous experience of running a food orientated operation to take the business to the next level by exploiting the obvious events/catering potential that is to be found here. There are many additional areas of potential to increase sales and profitability by implementing a strategic marketing campaign to utilise the premises for private parties, weddings, wakes and functions etc which will assuredly have a direct positive effect on the turnover and profits. Advised current turnover is circa 130,000 (incl. VAT). This popular village inn is a well-established business and in our opinion with the above areas of potential we would quite easily expect fully focussed and fully committed operators to achieve a turnover well in excess of 200,000 (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)

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