5 bedroom pub for saleSURREY
Ref 7787 LEASEHOLD
AN IMPRESSIVE AND THRIVING TRADITIONAL ENGLISH VILLAGE INN WITH A GROSS TURNOVER APPROACHING £1M, SITUATED IN THE HIGHLY DESIRABLE AND AFFLUENT VILLAGE OF HAMPTON WICK, SURREY
• Imposing village inn situated in the prime location of Hampton Wick, near Hampton Court Palace.
• Delightful and welcoming Public Bar (circa 30), cosy Snug (circa 15+), versatile Restaurant (circa 40+ covers) & Private Dining Room (circa 12 covers).
• 4 ensuite letting Bedrooms plus a 1 Bedroomed Owners/Managers Accommodation.
• Presented in excellent condition exuding a wealth of charm and character throughout.
• Advised turnover for YE January 2016 circa £860,000 (incl. VAT).
• 60% wet sales, 35% food sales and 5% accommodation. Undoubted potential for catering/events orientated operators. Customer database of 5000+ users.
• Punch Taverns partially tied renewable lease with a favourable rent.
• AVAILABLE FOR FIRST TIME IN 10 YEARS.
AN EXTREMELY RARE AND GOLDEN OPPORTUNITY TO PROCURE A THRIVING AND HIGHLY SUCCESSFUL LIFESTYLE BUSINESS AND HOME
This delightful and traditional inn is situated in the wonderful village of Hampton Wick (close to Hampton Court Palace) in the beautiful county of Surrey and can be easily reached from junction 12 of the M25 circular. Situated within the commuter belt being approx ONLY 10 miles from London and also having excellent road communications providing easy access to the M25, M23, M3, M4, M40 and M1 motorways makes this superb location an excellent strategic commuter area for the motorways and the major international airports of Heathrow and Gatwick. This village inn is located within a catchment area of many similar affluent villages and towns in addition to being situated close to Kingston upon Thames, Sunbury, Walton on Thames, Twickenham and Richmond making this superb inn ideally situated to draw trade from the surrounding towns and villages. The inn is also well serviced by local shops and amenities and has an excellent level of repeat trade. An enviable place to reside and a compelling trade opportunity.
This substantial and impressive inn occupies an excellent and busy main road trading position.
Main entrance at the front leading into the Public Bar (circa 30) is a traditional room exuding a welcoming and relaxing ambience. There is a feature central return bar servery with a solid polished counter, glass gantry above and a matching back fitting with shelving and refrigerated bottle coolers (not tested). The room is furnished with solid polished tables, polished poseurs, upholstered mini stools, chairs, upholstered bar stools and bar chairs. Adding to the character of the room is the delightful coal effect gas fire, the part oak floor and the lovely exposed brickwork. Access to the Restaurant and Snug (circa 15+) is a cosy room furnished with loose polished tables, upholstered perimeter seating and upholstered mini stools. The room also has lovely exposed brick walling and a feature coal effect gas fire.
Restaurant (circa 40+ covers) is a versatile and multi-functional room exuding a comfortable and inviting dining ambience and is well furnished with an eclectic range of solid tables and a mix of upholstered chairs and leather upholstered bench style seating. There is also a return bar servery, lovely exposed brick walls and a solid oak floor. Access to the Private Dining Room (circa 12 covers) ideal for smaller private diners or meetings and is furnished with loose polished tables and upholstered chairs.
Catering facilities include a good sized fully equipped Commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested).
Lower Ground Floor Cellar with dray drop, pumps, python, post mix and cooler.
Ladies and Gents W.C.'s
Situated on the 1st floor offering good sized rooms and briefly comprises: 4 bedrooms - all with en-suite facilities.
Situated on the 2nd floor, being of a good size and briefly comprises: 1 bedroom, lounge and bathroom.
There is a seating/drinking area at the front with tables and chairs.
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 - Wednesday - 11.00am - 11.00pm
Thursday - Saturday - 11.00am - Midnight
Sunday - Midday - 10.30pm
The current opening hours are as follows:
Monday - 4.00pm - 11.00pm
Tuesday & Wednesday - Midday - 11.00pm
Thursday - Saturday - Midday - Midnight
Sunday - Midday - 8.00pm
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.
The business is offered for sale as a lease assignment with approximately 6 years remaining of the Punch Taverns full repairing and insuring, renewable agreement. We are advised that the inn is 'part tied' to draught beers, bottle beers and ciders. We are informed that the rent is currently circa £82,000 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 payable TBC.
Our vendor client operates this thriving business as a 'sole trader' on a full time basis with the assistance of a selection of full time and part time/casual staff. Trade is currently derived from approximately 60% wet, 35% food and 5% accommodation sales and whilst emulating the existing highly successful business model; there is still tremendous potential for a new full time hands-on owner operator partnership to increase sales and profitability by implementing a strategic marketing campaign to utilise the premises for private parties, wakes and functions etc and also focussing on online booking agents to promote the letting accommodation. In addition there is further potential to facilitate 'early doors' to provide the high level of passing trade breakfast and tea/coffee etc; all of which would have an incredible positive impact on the turnover and profits. Advised sales for YE January 2016 are circa £860,000 (incl. VAT).
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 £1,000,000 (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.
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)
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Disclaimer - Property reference 7787. 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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