4 bedroom pub for sale

Wilton Street, Taunton, Somerset, TA1

Offers in Region of £75,000

Property Description

Commercial information

  • Business for sale

Key features

  • Highly profitable town centre pub priced for quick sale in Somerset
  • Turnover 293,435 per annum (y/e 30.04.15), genuine growth potential
  • 36 cover minimum dedicated dining room plus a 30 covers bar area plus a beer garden
  • Excellent reputation, leasehold at a good rental, tied only to beers and alchopops
  • REF:44703

Full description

Tenure: Leasehold

DESCRIPTION
This is an extremely rare opportunity to acquire a stunning leasehold pub, which lays within the town centre. The business offers a little piece of the countryside within the town centre, located right in the centre of Taunton, Somerset.

The Vivary Arms is ideally situated on Wilton Street, just a few minutes' walk from Taunton town centre close to the affluent area. The Vivary Arms benefits over its rivals in the fact it has a delightful secluded beer garden, which is finished to a very high standard and owner's accommodation. The Taunton area is renown for its affluence and shopping, with some of the most stunning Somerset countryside close by. The countryside attracts thousands of day trippers throughout the year, who visit to take in the stunning natural scenery and beauty of this town.

In the Parish of Wilton, once a village on the outskirts of the town, The Vivary Arms is the oldest recorded inn in Taunton.

Today, The Vivary Arms is located behind the Vivary Park and is only a five minutes' walk from the main shopping centre and still maintains the characteristics of a Somerset rural pub, with its low beamed ceilings and relaxing atmosphere.

The pub offers a wide selection of home made dishes and has a well stocked bar of beers and fine wines. Some of the amenities include a pool table and a darts board, there is also a beer garden at the rear for summertime drinks and light meals.
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The Vivary Arms dates back to the early 1700's and is a grade II listed building. The business was acquired by the present owners in 1999 and during that time the business has earned an excellent reputation for offering a warm welcome, with well appointed facilities which ensures the business enjoys good reviews for its food, as well as frequent referrals and recommendations.

The vendor has developed the business, including an overhaul and a part renovation of the property which leaves a standard to be envied.

The Vivary Arms is an Enterprise leased public house and comes with a complement of well trained and motivated staff members, which is another major factor of the businesses success and reputation.

Within the kitchen the vendors offer an excellence in food. Food sales are growing annually. The business has a capacity to serve over 80 clients within the dining room and bar areas, offering exceptional scope for a new person to continue the growth and success of this business.

The Vivary Arms is a successful and profitable business built on solid foundations, yet offers genuine scope for future growth and development. This will naturally increase the turnover and associated profitability of the business further.

The business would therefore ideally suit an ambitious and energetic family unit, ideally with a catering/hospitality background, who have the opportunity to actively market the business and establish the restaurant to offer an a la carte menu during the evenings and traditional roasts or a carvery on Sundays.

The business premises is on an Enterprise lease and the clients are tied into beers both in kegs and bottles only, including Alcopops. There are many aspects of the business that offer a prime business opportunity over the local competition.

The vendor has decided to finally retire and is offering the business at a price to sell. Due to this, the demand is expected to be high, therefore an early viewing is required to appreciate this excellent profitable opportunity on offer and to avoid disappointment.

TURNOVER
Current turnover for 2015 is 293,435 with a 40/60 split food/wet sales.

ACCOUNTS
Accounts will be made available to interested parties after a viewing.

STAFF
The business is operated daily by the owner and her partner, with up to 15 part time members of staff and casual labour when required.

PROPERTY
The impressive and highly visible detached 18th century grade II listed building is stone rendered with a tiled roof and has been sympathetically updated and extended. The building maintains many of its original features.

Additionally, the roof has been completely replaced and is in a first class condition. A secluded beer garden is located to the side of the building, with a high wall exterior. The beer garden offers a secluded and part decked area, a covered section for smokers and a variety of plants.
The beer garden is not overlooked and cannot be seen from the front of the pub and is therefore void of road noise. There is a small car park located nearby with additional on street parking locally.

RESTAURANT AND BAR AREAS
The Vivary Arms has a welcoming ground floor public bar and a separate 36 cover dining room, which is also used to cater for private functions.

The bar area is traditional with the original beamed ceilings and a feature fireplace and is divided into 2 main areas, a general relaxation and drinking area. There is also a games area complete with a darts board and a pool table. The whole place oozes character and traditionality.

There is a comprehensively appointed commercial kitchen with an extensive range of excellent quality, valuable catering equipment that has been well maintained.

To the first floor is the owners accommodation. Externally there is a small private beer garden.

The general feel of the place is a countryside pub, yet located in the heart of Taunton.

RESIDENTIAL ACCOMMODATION
The Vivary Arms comes complete with a 3/4 bedrooms (2 doubles) owner's accommodation, located on the first floor. The accommodation benefits from having a separate entrance from the pub or can be accessed via the pub kitchen.

In addition, the accommodation boasts a large lounge area and a bathroom. The vendors use the downstairs kitchen, there is the potential to add another kitchen upstairs.

The 4th bedroom is currently used as a walk in wardrobe/dressing room. In addition, there is 1 more room which is currently not utilised and requires major renovation work. The owners accommodation also has a small rooftop garden.

TENURE
We are advised that the property is available as a leasehold and the landlord is Enterprise.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

SUMMARY
This well known and highly regarded pub has been successfully operated by the present owners for the last 18 years and is only now being offered for sale due to retirement. Due to the scope available with this sale and the excellent profitability, it represents a first class opportunity for an enthusiastic team. A viewing is highly recommended.

More information from this agent

Nearest station

  • Taunton (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Taunton (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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