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9 bedroom pub for sale

WILTSHIRE

£45,000

Property Description

Full description

Tenure: Leasehold

REF:7680 LEASEHOLD




DELIGHTFUL AND RENOWNED STONE BUILT WILTSHIRE VILLAGE INN WITH LETTING BEDROOMS SITUATED WITHIN THE AFFLUENT VILLAGE OF WANBOROUGH, CLOSE TO THE MARLBOROUGH DOWNS AND THE BERKSHIRE BORDER



Idyllic Wiltshire village location with easy access to the M4 motorway.

Two lovely and characterful trading areas with a Restaurant (circa 35) and Lounge Bar (circa 50).

Patio Terrace Area (circa 20), Beer Garden (circa 25) and Paddock ideal for marquee events.

Car Park for 60 cars.

3 Lovely En-Suite Letting Bedrooms with own separate entrances.

Excellent 6 Bedroom Living Accommodation.

We are advised turnover for y/e 09/14 is 488,029 (inc VAT), trade split of 55% wet, 40% food & 5% letting.

6 years remaining of a partial tie Enterprise Inns lease.

OPPORTUNITY TO ACQUIRE A THRIVING VILLAGE INN WITH LETTING BEDROOMS WITHIN A HIGHLY DESIRABLE LOCATION

LOCATION

This delightful and well presented North Wiltshire Village Inn with Letting Bedrooms has an enviable location in the heart of the affluent village of Wanborough.
Wanborough is an affluent and sought after village and civil parish in the county of Wiltshire, close to the border of Berkshire.
The village is approximately 3.5 miles southeast of Swindon town centre.
The parish includes the hamlet of Foxhill.
This thriving village benefits from a Post Office and Village Stores along with an excellent Primary School and monthly Famers Market in the Village Hall.
Although Wanborough is surrounded by lovely Wiltshire countryside, the village offers excellent road links being close to the A419 dual carriageway linking Swindon with Gloucester via Cirencester. The M4 motorway is also within very easy reach.


THE PROPERTY

This delightful detached inn is of stone construction, under a thatched roof, occupying a delightful village location within the sought after Wiltshire village of Wanborough.

The Lounge Bar/Dining Area (circa 50) is a delightful room with its attractive exposed stone walls, lovely open fireplace, flagstone flooring, bar server and wooden furnishings.
The traditional furnishings give this room a very homely and friendly atmosphere and is used for both the regulars and diners that prefer a more relaxed atmosphere.

The Restaurant (circa 35) is a charming and delightful room giving a warm and desirable feel. The restaurant benefits from exposed stone walls, wood flooring, open fireplace, beamed ceilings and good quality wooden furnishings.

Ladies and Gents W.C.'s.

There is a well equipped Commercial Catering Kitchen with stainless steel appliances (not tested) and work surfaces along with a Walk In Fridge and separate Dry Store and Prep Area.

There is a Ground Beer Cellar with coolers, racks and a python system.

OWNER'S ACCOMMODATION

The owner's accommodation is situated on the 1st and 2nd floors and briefly comprises: 5 Double Bedrooms, Single Bedroom, Fully Fitted Kitchen, Lounge/Diner, Bathroom and Courtyard Garden.

LETTING ACCOMMODATION

Situated to the side of the property and benefitting from its own access are 3 Double/Twin En-Suite Letting Bedrooms all being offered in excellent condition and achieving a tariff of 95 per room per night.

EXTERNAL

To the front of the property is a pleasant patio garden offering seating for 20 customers.
To the side of the property is an enclosed Beer Garden for 25 customers.
To the rear of the business is a Large Car Park for 60 cars.
There is also an extensive Paddock that can be utilised for marquee events or possible camping (STPP).

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:

Mon - Wed 11am - 10pm
Thurs 11am - 11pm
Friday 11am - Midnight
Saturday 9am - 11pm
Sunday 10am - 9pm

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 6 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 minerals. We are informed that the rent is currently 41,000 per annum and is not due for a review until 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 all mains services (no services seen or tested). Business rates are advised as currently being circa 11,000 payable per annum.

THE BUSINESS

The current owners purchased the business in Aug 2011 as a family concern and are offering the property in excellent condition throughout. Our vendor clients have built up a strong and loyal clientele and have an excellent reputation in the local area for good food and beer.
Our vendors have embraced the village life, hence increasing turnover and profitability. The only reason for selling is to relocate to the coast and this offers an excellent opportunity for new operators to continue growing this successful business.
We are advised the turnover for y/e 09/14 is 488,029 (inc VAT) with a trade split of 55% wet, 40% food and 5% letting.

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)

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