4 bedroom pub for sale

NOTTINGHAMSHIRE

£425,000

Property Description

Full description

Tenure: Freehold

Ref 7824 FREEHOLD

TRADITIONAL SPACIOUS WELL PRESENTED FREEHOLD INN LOCATED ON A LARGE PLOT WITHIN THE SOUGHT AFTER HISTORIC NOTTINGHAMSHIRE VILLAGE OF EDWINSTOWE SET IN THE HEART OF SHERWOOD FOREST


• Located directly adjacent to densely populated housing in the historic tourist magnet village of Edwinstowe close to Mansfield, Nottingham, Newark and Southwell.
• Public Bar (circa 50+ standing) with all games facilities.
• Traditional Lounge (circa 50+ standing) with entertainment console and able to be hired out for private parties and small functions.
• Attractive and spacious grassed Al Fresco Beer
Garden : 2 Separate Patio Areas : Smoking Solution.
• Unused ground floor Commercial Catering Kitchen : Large ground floor Cellar.
• Spacious 4 Bedroom Owners' Accommodation with private access and Roof Garden.
• Advised turnover circa £100,000 (incl. VAT) for y/e March 2016 with 100% Wet sales. (Achieved on reduced opening hours through lifestyle choice).
• Suitable for alternative use (STPP). Positive pre-planning permission advice received from local
authority.

A FANTASTIC OPPORTUNITY TO PURCHASE A TRADITIONAL FREEHOLD INN LOCATED IN A DESIRABLE HISTORIC VILLAGE LOCATION

LOCATION
This property is located in the sought after historic Nottinghamshire village of Edwinstowe set in the heart of Sherwood Forest. The vibrant and bustling village centre has a variety of unique, individual shops complimented by more mainstream shops, facilities and businesses. Nearby points of interest include the famous Major Oak tree and the Sherwood Forest visitor center, Clumber and Rufford parks are within a short drive and the Centre Parcs holiday village is only a stones throw away. The nearby towns of Mansfield (7 miles), Southwell with its famous Minster and racecourse (10 miles) and historic Newark (16 miles) are all within easy reach and the City of Nottingham is a pleasant 20-mile drive. Access to/from the area is easy as the property sits between the M1/A1 motorways and the nearby A60 and A614.

THE PROPERTY
This desirable and well-presented property is of brick construction and sits under a pitched tiled roof. A large entrance porch to the front corner of the property provides access to all the trading areas. These consist of:

Public Bar (circa 50+ plus standing) is a good-sized room with loose tables, chairs and stools complimented by upholstered perimeter bench seating. The room is fully carpeted and has a pool table, darts throw, SWP/AWP and a wall mounted HDTV. There is a well presented bar server of wood construction and a quarry tiled perimeter with 2 cask ales on offer.

Traditional Lounge (circa 50+ plus standing) is also a well-presented area with a warm and welcoming atmosphere. The room is fully carpeted with an assortment of loose tables and chairs and upholstered perimeter bench seating. There is a wooden bar server offering 1 cask ale and in the corner of the room is a mobile entertainment/DJ console able to be used as required. This room is multi-use and available for private hire when required. Many christenings, birthdays and small functions are held on a regular basis.

To the rear of the Bar and Lounge areas is a long and narrow unused Commercial Kitchen area with minimal stainless steel appliances and surfaces (equipment not tested) and 5* EHO rating. The adjoining wall of the kitchen backs onto the spacious ground floor cellar. This wall could easily be moved forwards to make a larger, more spacious kitchen whilst reducing the size of the cellar area.
Extensive ground floor Cellar with remote, python, pumps etc. Plentiful storage areas throughout / Staff WC and cloakroom.
Ladies & Gents WC's.

OWNER'S ACCOMMODATION
The desirable owner's accommodation is located on the 1st floor and briefly consists of: 4 bedrooms (3 double/1 single), a very large lounge, a spacious fitted kitchen, bathroom and WC. The accommodation also has private access, a private yard area with garage and a private rooftop garden.

EXTERNAL
To the front of the property is a good sized grassed garden area with wooden garden furniture (circa 32+ covers). There is a small perimeter boundary wall and many attractive colourful baskets and planters. To the side of the property is a hard standing patio area with further wooden furniture (circa 14+ covers), shrubbery borders and a surrounding ranch fence and further colourful pots and planters. There is also a covered smoking solution. To the other side of the property is a large unused slabbed patio area. To the rear of the property is the patrons' Car Park with spaces for circa 20+ 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 - Fri 11am to 12.30am
Saturday 11am to 1.30am
Sunday 12noon to 12.30am
Current opening hours are:
Mon - Fri 6pm to 12.30am
Saturday 12noon to 1.30am
Sunday 12noon to midnight
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/business is being offered for sale freehold (although we have not had sight of the title deeds). We are advised that all mains services are connected (no services tested). Business rates payable are advised as being £Nil per annum.

THE BUSINESS
The current owners purchased the freehold of the property in 2009 after having leased it for 9 years prior to that (since February 2000). Over the past 16 years they have established a loyal, repeat and desirable, family friendly clientele. Our vendor clients are now looking to sell the freehold property in order to take life at a more leisurely pace. The business is operated by the owners themselves assisted by 1 part-time staff. Sitting at the centre of the local community the business plays host to 2 pool teams whilst also offering darts, dominoes and a regular quiz/Play your cards right evening. There is occasional entertainment topped up by regular christenings, birthdays and other small functions etc. We are advised that accounts declare takings of circa £100,000 (incl. VAT) to year end March 2016. This has been achieved on 100% Wet sales trading on reduced opening hours through personal lifestyle choice. New owners could continue to operate the business using the same formula or may wish to take the business to the next level by taking advantage of the obvious potential to extend the trading hours and introduce a food offer to the business. There is also the opportunity to extend the kitchen if desired or even introduce a 'micro-brewery' style operation from within the spacious cellar. This property sits on a large plot and in our opinion could also be suitable for alternative use (STPP). Positive pre-planning permission advice was recently received from the local authority. This will be made available on viewing.

Accounting information will be made available to interested parties after viewing. The property was viewed by Richard Fletcher who would be delighted to discuss further details and can be contacted on 07527 718400.

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)

Nearest station

  • Shirebrook (5.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds, National Licensed Property Agents

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448091 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

  • Shirebrook (5.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds, National Licensed Property Agents

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448091 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 7824. 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.

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