4 bedroom pub for saleESSEX
Ref 7804 LEASEHOLD
AN IMPRESSIVE AND THRIVING EARLY 19th CENTURY AWARD WINNING TRADITIONAL INN SITUATED IN THE DENSELY POPULATED RESIDENTIAL LOCATION OF LITTLE THURROCK, (CLOSE TO TILBURY DOCKS), ESSEX
Traditional and substantial community inn situated in the prime location of Little Thurrock.
Welcoming main Public Bar (circa 40+), Pool Room (circa 10+) and an inviting and relaxing versatile and multi-functional Restaurant and Carvery (circa 75+ covers).
Fully equipped Commercial Catering Kitchen.
Impressive 3/4 bedroomed family accommodation.
Good sized enclosed Beer Garden (circa 75+) and Patron's parking facilities for circa 25+ cars.
Presented in excellent decorative order throughout.
Advised current turnover circa £600,000 (incl. VAT).
60% wet sales and 40% food sales. Undoubted potential for catering/events orientated operators.
Punch Taverns partially tied renewable lease.
AN OUTSTANDING AND EXCITING OPPORTUNITY TO PURCHASE A THRIVING AND HIGHLY SUCCESSFUL LIFESTYLE BUSINESS AND FAMILY HOME
This delightful and traditional inn is situated in Little Thurrock, Essex and can be easily reached from junction 30 of the M25 circular. Situated within the commuter belt being approximately ONLY 20 miles from the capital city of London and also having excellent road communications providing easy access to the M25, M23, M20, M3, M4, M40, M11 and M1 motorways making this superb location an excellent strategic commuter area for the major motorways and the major international airports of Heathrow, Gatwick, Stansted and Luton.
This village inn is located within a catchment area of many similar villages and towns in addition to being situated close Tilbury Docks being the major and principal port of London and also a short drive from the historic Tilbury Fort and the coastal resorts of Southend on Sea and Canvey Island making this superb inn ideally situated to draw trade from the nearby surrounding towns and villages. The inn is also well serviced by local schools, shops and amenities.
An enviable place to reside and a compelling trade opportunity.
This substantial and impressive inn occupies a superb and easy accessible trading position.
Main entrance at the front leading into the lobby with access in to the Public Bar.
Public Bar (circa 40+) is a good sized traditional room exuding a lovely welcoming ambience. There is a feature central oak return bar servery with a solid polished oak counter and a matching back fitting having trade optics and refrigerated bottle coolers (not tested). The room is furnished with solid polished tables, upholstered chairs and upholstered bar stools. Adding to the charm and character of the room is the feature fireplace with an inset coal effect gas fire, the beamed ceiling and the part panelled walls. Access to the Beer Garden and the Restaurant.
Pool Room (circa 10+) with a pool table and lighting over.
Restaurant (circa 75+ covers) is a good sized versatile and multi-functional room, ideal for private functions, wedding and wakes etc. The room is extremely well furnished with an excellent range of solid polished tables and upholstered chairs. There is also a brick built Carvery and there is a beamed ceiling and timber pillars adding to the charm and character of the room.
Catering facilities include a fully equipped commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested). There is also a freezer/store room
Lower Ground Floor Cellar with dray drop, pumps, pythons x2, tilt racks, post mix and cooler.
Ladies and Gents W.C.'s x2 sets
Situated on the 1st floor, being of a good size and presented in good decorative order and briefly comprises: 3/4 bedrooms, lounge, office/bedroom, kitchen and bathroom.
There is a very good sized lawned Beer Garden (circa 75+) with timber picnic benches. There is also a paved patio area; a brick built barbeque and a covered designated smoking area. There is also a private enclosed yard used for storage.
Patrons parking facilities for circa 25+ 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:
Sunday - Wednesday - 10.00am - Midnight
Thursday - Saturday - 10.00am - 01.00am
The current opening hours are as follows:
Sunday - Thursday - Midday - 11.00pm
Friday & Saturday - Midday - Midnight
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 9 years remaining of the Punch Taverns full repairing and insuring, renewable agreement. We are advised that the inn is 'part tied' to draught beers, bottled beers and ciders. We are informed that the rent is currently circa £46,000 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 are advised as being circa £12,500 per annum.
Our vendor client operates this thriving business as a 'sole trader' on a part time basis with the assistance of 4 full time and 5/6 part time members of staff. Trade is currently derived from circa 60% wet sales and 40% food 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 with previous experience of running a catering/events orientated operation to take this business to the next level by implementing a strategic marketing campaign to utilise the premises for weddings, private parties, wakes and functions etc. Advised current sales are circa £600,000 (incl. VAT). This extremely popular inn is a well-established and highly successful business and 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 £700,000 (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 7804. 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 Business Transfers Limited , National Licensed Property. 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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