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3 bedroom pub for sale

SOMERSET

£65,000

Property Description

Key features

  • Stunning location surrounded by open countryside and wonderful views within this sought after village.
  • Lovely Restaurant (circa 50) offering wood floors, exposed stone walls and doors to the garden.
  • Superb Lounge Bar (circa 30) and Intimate Dining Area (circa 16) both with a log burner.
  • Excellent 3 Bedroom Living Accommodation.
  • Simply wonderful and extensive Trade Gardens to the side and rear (circa 100+) along with Patio Area, Childrens Play Area and Smoking Solution.
  • Large Car Park and Catering Kitchens.
  • Advised turnover for y/e 03/16 circa 300,000 (inc vat) on a 70% food and 30% wet trade split.
  • 15yrs remaining of an Enterprise Inns partially tied lease with a rent of 24k.

Full description

Tenure: Leasehold

REF: 7788 LEASEHOLD

A BEAUTIFUL VILLAGE INN WITH STUNNING TRADE GARDENS

LOCATION
This outstanding business has an enviable location surrounded by the stunning Somerset countryside and is situated within the highly desirable village of West Monkton.
West Monkton is a village and civil parish in Somerset, situated 2 miles north east of Taunton in the Taunton Deane district.
The parish includes the hamlets of Monkton Heathfield, Bathpool and Burlinch.
The parish had a population of 2,787 according to the 2011 census.
The parish is home to Hestercombe House, one of the best Jekyll-Lutyens gardens open to the public and generally attracts in the region of 70,000 annual visitors.
Monkton Heathfield has an excellent High School and a new Primary school is being built in the area along with a further 2,000 houses.


THE PROPERTY
This Country Inn is of brick construction, with partial rendering, under a pitched, tiled roof, occupying a lovely secluded position surrounded by open countryside within the highly desirable village of West Monkton.

The Restaurant (circa 50) is a lovely room offering views over the garden and patio area. This trading area benefits from solid wood flooring, exposed stone walls, bar servery area and doors to the trade gardens.

The Lounge Bar (circa 30) has some character with its log burning fireplace and wood floors along a bar servery area and leather furnishings.

The Intimate Dining Area (circa 16) offers a log burner fireplace, wood floors and exposed brick fireplace.

Ladies and Gents W.C.'s.

There is a Commercial Catering Kitchen with stainless steel appliances (not tested) and work surfaces along with a separate wash up area and dry store.

The Ground Floor Cellar benefits from a cellar cooling and python system.

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

EXTERNAL
To the front, side and rear of the property is extensive and superbly maintained Mature Beer Gardens offering seating for more than 100 customers. These areas are ideal for marquee events and offer ample space for any party. Within the grounds are a Children's Play Area and excellent Smoking Solution. There is a small Patio Area for 16 customers.
To the side of the property is a Large Car Park for 50-60 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:

7 days per week 10am - Midnight

Current opening hours are:

7 days per week Midday - 3pm
6pm - 10.30pm

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 15 years remaining of the Enterprise Inns' 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 24,000 per annum to be reviewed in 2021. 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 mains services (no services seen or tested). Business rates payable are advised as currently being circa 7,000 per annum.

THE BUSINESS
The current owner purchased the business approx. 5 years ago and has established a solid trading foundation with a loyal and desirable clientele. The business and property is presented to a very high standard and offers a lovely 'quality of life' within this sought after village location.
The business is trading very well, yet still offers further potential with all day opening.
We are advised turnover for year ending 03/16 was circa 300,000 (inc vat) on a trade split of 70% food and 30% wet.
The rent is only 24,000 per annum and is fixed until 2021 giving new operators the security of no further increases over the next 5 years.

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.


Energy Performance Certificates (EPCs)

Map & Street View

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