This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

7 bedroom pub for sale

CHESHIRE

£34,995

Property Description

Key features

  • Substantial village inn situated in a highly sought after conservation village close to the River Dee on the Wales / England border.
  • Bar Area (circa 24 + standing) with real fire; Raised Dining Area (circa 16); Private Dining Area (circa 16).
  • 1st floor Function Suite (circa 50 - 60).
  • 4 En-suite letting rooms and a duplex letting suite.
  • 2 bedroom owners' accommodation.
  • Car park (circa 20); 2 Patio Areas (circa 24 and 30).
  • Advised turnover circa 273,891 (incl. VAT) year end March 2014 - run on limited opening hours.
  • Trade split is approx. 40%wet; 40%food; 20% accom.
  • Excellent potential for a new fully focussed hands-on business partnership with a passion for food.
  • Partially tied renewable lease with circa 12 years remaining.

Full description

Tenure: Leasehold

REF: 7696 Leasehold

SUPERB COUNTRY INN/RESTAURANT WITH 5 LETTING ROOMS LOCATED ON THE HIGH STREET IN THE PICTURESQUE AND AFFLUENT CHESHIRE VILLAGE OF FARNDON, CLOSE TO THE CITY OF CHESTER.

AN EXCELLENT OPPORTUNITY TO ACQUIRE A THRIVING AND PROFITABLE BUSINESS IN A DESIRABLE LOCATION WITH FURTHER POTENTIAL

LOCATION

This delightful business is situated on the High Street of the lovely semi-rural village of Farndon. This is an idyllic and affluent location in beautiful unspoilt county of Cheshire, providing a superb lifestyle yet within easy reach of the old Roman City of Chester. The village is located on the banks of the River Dee and the listed Farndon Bridge lies on the boundary of England and Wales. Close-by is Wrexham Industrial Estate, one of the largest industrial areas in Europe, providing employment for over 7000 people.
There are a superb range of local attractions attracting visitors all year round, including: the historic City of Chester with its Cathedral, famous clock, medieval 'rows' and racecourse; Bangor-on-Dee Racecourse; Erddig Hall; Chirk Castle; Farmworld; Chester Zoo; Bersham Iron Works; Blue Planet Aquarium and McArthur Glen Outlet Village.

THE PROPERTY

This traditional 'Tudor style' building is situated in a conservation area at the heart of the village, close to the River Dee. We are advised that parts of the building date back to the 18th Century. The trading areas have been refurbished throughout and provide a welcoming and warm atmosphere.

The Bar/Lounge Area (circa 24 + standing) is an attractive room which is furnished with upholstered perimeter seating, sofas, poseur stools, tub chairs and tables. The area includes a contemporary bar servery of wood/metal construction. Ladies and Gents W.C.s.

The Raised Dining Area (circa 16 covers) is carpeted and furnished with light wood tables and chairs. It has a lovely modern ambiance.

The Private Dining / Meeting Area (circa 16 covers) is a bright and sunny room overlooking the patio area. The room has a wooden floor and is furnished with light wood chairs and tables.

The 1st Floor Function/Balcony Suite (circa 50 covers) is fully carpeted and has a flatscreen TV. It offers a lovely environment making it a most appealing and desirable dining experience and is frequently used for weddings, funerals etc. Ladies and Gents W.C.s.

There is a fully equipped Catering Kitchen (appliances not tested) with separate washing-up/preparation area and walk-in fridge.

OWNER'S ACCOMMODATION

The owner's accommodation is situated on the 2nd floor and briefly comprises: 2 double bedrooms and a bathroom.

LETTING ACCOMMODATION

Situated on the 1st floor are 4 lovely 'boutique style' double letting rooms with en-suite facilities. There is also a duplex suite with a kitchen, lounge and bathroom on the 1st floor and double bedroom on the 2nd floor.

EXTERNAL

To the front of the building is a patio area with picnic benches for circa 30.
To the rear of the building is a patio area with tables and chairs for circa 24. There is a car park 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 - Thurs 11am to 12midnight
Fri - Sat 11am to 1am
Sunday 12noon to 11.30pm

Current opening hours are:
Mon - Fri 5pm to 11pm
Sat - Sun 12noon to 12midnight
N.B. Food is not served on Mondays and Tuesdays
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 12 years remaining of the Admiral Taverns' full repairing and insuring, renewable agreement. We are advised that the inn is free of tie for wines, spirits and soft drinks. We are informed that the rent is currently circa 22,000 per annum to be reviewed 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 payable are advised as currently being circa 6,420 per annum.

THE BUSINESS

The current owners have refurbished the trading areas including the 'boutique style' letting rooms, but due to personal circumstances are reluctantly selling the business. They have established a solid trading foundation offering high quality pub food, real ales and fine wines in superb surroundings. This charming inn is a thriving business attracting locals, business trade and tourists. The inn benefits from being in an affluent area as well as being close to Wrexham Industrial Estate which provides employment for over 7000 people.
We are advised that the turnover is circa 273,891 (incl. VAT) for year ending March 2014 with a trade split of 40% food; 40% wet; and 20% accommodation This is based on limited opening hours. The reconstituted net profit is calculated at circa 26,000 after adding back depreciation, directors' wages and remuneration. There is huge scope for new enthusiastic owner operators to increase the sales by both increasing the opening hours and the dining hours.

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

This business was viewed by Helen Russell-Taylor who would be delighted to discuss further details and can be contacted on 07968 376590.

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.




Energy Performance Certificates (EPCs)

Map & Street View

Disclaimer - Property reference 7696. 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.

Map data OpenStreetMap contributors.