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2 bedroom pub for sale

WILTSHIRE

£20,000

Property Description

Key features

  • Excellently situated on the High Street of this bustling Wiltshire village.
  • Traditional Public Bar (circa 30) offering an inviting central bar area, solid wood floors, darts throw and feature fireplace.
  • Lounge Bar (circa 40) in keeping with the public bar.
  • Pleasant Front Patio Area (circa 30).
  • 2 Bedroom Living Accommodation.
  • Car Park & Commercial Catering Kitchen.
  • CAMRA Guide Pub of the Year in Swindon & North Wiltshire.
  • Advised turnover for y/e 03/15 is 242,400 (inc vat) on a 100% wet basis with scope for food.
  • 8 yrs left on a Punch Taverns renewable Lease with a rent of 32k.

Full description

Tenure: Leasehold

REF 7612 LEASEHOLD


PRICED TO SELL - LOOKING FOR A QUICK SALE!



LOCATION
This award winning and traditional wet led Real Ale Inn is located on the High Street of Wroughton, Wiltshire.
Wroughton is a large village in Wiltshire with a population of approximately 11,000 residents.
It is part of the Borough of Swindon and lies along the A4361 road between Swindon and Avebury, the road into Swindon crosses the M4 motorway between junctions 15 and 16.
It is about 2 miles south of Swindon town centre and lies on the edge of the Marlborough Downs, an Area of Outstanding Natural Beauty.
The town of Marlborough is approx. 11 miles south and the World Heritage Site at Avebury is about 7 miles south.

THE PROPERTY
This thriving and well-presented inn is of brick construction, under a pitched, tiled roof, occupying an excellent High Street position in the heart of this sought after Wiltshire village.

The Lounge Bar (circa 40) is a traditional room with a mix of carpeted and wood flooring, bar server area, two feature fireplaces, darts throw.

The Public Bar (circa 30) is in keeping with the Lounge Bar with its wood floors and bar servery along with a plasma screen, darts throw and feature fireplace.

The business has 3 darts teams, poker night, 2 crib teams and a quiz night.

This thriving business is regularly featured in the CAMRA Guide and is renowned for its wide range of real ales. It is 2015 CAMRA Pub of the Year for Swindon and North Wiltshire.

The Lower Ground Floor Cellar benefits from coolers, python system and beer drop along with a bottle store.

Ladies and Gents W.C.'s.

There is a commercial catering kitchen with stainless steel appliances and work surfaces (appliances not tested).

OWNER'S ACCOMMODATION
The owner's accommodation is situated on the 1st floor and briefly comprises: Two Double Bedrooms, Lounge, Bathroom and Utility Area.

EXTERNAL
To the front of the property is a lovely Patio Area with BBQ Area with seating for 30 ( BBQ not included in the sale).
To the rear of the business is a large Car Park for 13 cars, plus garage and 2 owners spaces.

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 - Thurs 11am - Midnight
Fri - Sat 11am - 1am
Sunday Midday - 11pm

Current opening hours are:

Mon - Thurs 5pm - 11pm
Friday 3pm - Midnight
Saturday Midday - Midnight
Sunday Midday - 11pm

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 8 years remaining of the Punch Taverns' full repairing and insuring, renewable agreement. We are advised that the business is free of tie for wines, spirits and minerals. We are informed that the rent is 32,000 per annum with the next rent review due in 2018. 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. (No services seen or tested). Business rates are advised as currently being circa 7,740 per annum payable.

THE BUSINESS
The current owners purchased the business in 2006 as a family concern and are offering this business in excellent condition along with being a renowned real ale house.
The current owners have built up a loyal local customer base and it is now a thriving and profitable business with further potential to introduce catering with the well equipped commercial catering kitchen.
Advised turnover for year ending 03/15 is circa 242,400 (inc vat) on a 100% wet trade basis, with considerable scope to increase trade with longer opening hours and the introduction of food.
Accounting information will be made available to interested parties after viewing.
This business was viewed by Marc Blackford who would be delighted to discuss further details and can be contacted on 07812 753014.
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.












































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