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4 bedroom pub for sale

SURREY

£49,950

Property Description

Key features

  • Traditional community inn situated in the prime location of Chessington
  • Relaxing Lounge Bar (circa 25+) and an inviting Public Bar (circa 35+)
  • Good sized 4 bedroomed family accommodation
  • Enclosed Beer Garden
  • Presented in excellent decorative order throughout
  • Advised current turnover circa 180,000 (incl. VAT)
  • 100% wet sales. Undoubted potential for catering orientated operators
  • Enterprise Inns partially tied renewable lease
  • AVAILABLE FOR THE FIRST TIME IN 34 YEARS

Full description

Tenure: Leasehold

Ref: 7552 LEASEHOLD



LOCATION
This superb business is located in the bustling town of Chessington and can be easily reached from junction 10 of the M25. Situated within the commuter belt being approximately ONLY 10 miles from the capital City of London and also having excellent road communications providing easy access to the M23, 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 Heathrow, Gatwick and Luton.

Being close to the world Famous Chessington Adventures Theme Park and Hampton Court Park this superb inn is well positioned to draw trade not just from Chessington itself but also from the nearby surrounding affluent towns, villages and larger catchment areas and has an excellent level of repeat trade and is well serviced by local schools, shops and amenities.

THE PROPERTY
This substantial and impressive inn occupies an excellent prominent main road and easy accessible trading position.
Main entrances at the front leading into the Public Bar and Lounge Bar.

Public Bar (circa 35+) being L-shaped is a welcoming and inviting room having a feature central return bar servery having a solid polished counter with a glass gantry over, a matching back fitting with trade optics and refrigerated bottle coolers and is well furnished with loose polished tables, upholstered perimeter seating, upholstered mini stools and upholstered bar stools. There is also a feature brick built fireplace with an inset coal effect gas fire, beamed ceiling and beamed walls. Access to the Lounge Bar.

Lounge Bar (circa 25+) is a cosy and traditional room exuding a lovely relaxing ambience. There is a feature return bar servery with a solid polished counter and a glass gantry above. The room is well furnished with a range of loose polished tables, fixed upholstered perimeter seating, upholstered mini stools and upholstered bar stools. Adding to the charm and character of the room is the delightful brick built fireplace with an inset coal effect gas fire and the beamed ceiling and beamed walls.

Catering facilities include an equipped commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested). There are also domestic fitted units and a freezer room.

Lower Ground Floor Cellar with dray drop, pumps, pythons and cooler.

Ladies and Gents W.C.'s.

OWNER'S ACCOMMODATION
Situated on the 1st floor, being of a good size and briefly comprises: 4 bedrooms, lounge, bathroom and separate W.C.

EXTERNAL
There is an enclosed Beer Garden at the rear with a paved patio area with timber picnic benches and an electric awning. There is also a double garage used for storage. There is an outside seating 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 - Sunday - 11.00am - Midnight
The current opening hours are as follows:
Monday - Sunday - Midday - 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 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 'part tied' to draught beers and bottle beers ONLY. We are informed that the rent is currently circa 39,000 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 and uses gas fired central heating (no services seen or tested). Business rates are advised as being circa 16,000 per annum.

THE BUSINESS
Our vendor client operates this excellent business as a 'sole trader' on a 'hands-off' basis with the assistance of 3 part time members of staff.
Trade is currently derived from 100% wet 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 enabling them to take this business to the next level by exploiting the obvious food 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, wakes and functions etc and by facilitating early opening for breakfasts and tea/coffee.

Advised current sales are circa 180,000 (incl. VAT). This popular 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 250,000 (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 on 01332-865112.
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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.



Map & Street View

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