9 bedroom pub for sale

HAMPSHIRE

£750,000

Property Description

Full description

Tenure: Freehold

REF:7839 FREEHOLD



TRADITIONAL ENGLISH COUNTRY FREEHOLD INN AVAILABLE FOR THE 1st TIME IN 23 YEARS WITH 4 LETTING ROOMS IN THE SOUGHT AFTER SOUTH DOWNS NATIONAL PARK VILLAGE OF MILLAND, HAMPSHIRE


Imposing and substantial 20th Century Country Village Inn situated in the affluent location of Milland.

Traditional Public Bar (circa 40+), inviting Restaurant (circa 40 covers) and versatile Function Room with Skittle Alley (circa 60+).

4 superb ensuite Letting Bedrooms.

Highly impressive 4/5 Bedroomed Family Accommodation.

Fully equipped Commercial Catering Kitchen.

Presented in excellent decorative order throughout.

Very good sized lawned Beer Garden (circa 150+) and Patron's Parking Facilities (circa 25 cars).

Advised current turnover circa 100,000 (incl. VAT).

CURRENTLY OPERATING ON MASSIVELY REDUCED HOURS.

Trade split circa 10% wet, 40% food and 50% accommodation.

Re-development Potential for Alternative Use Subject to Planning Permission.



A ONCE IN A LIFETIME OPPORTUNITY TO PROCURE A WELL ESTABLISHED BUSINESS AND FAMILY HOME OFFERING IMMENSE GROWTH POTENTIAL



LOCATION

This superb business is situated in the affluent and highly sought after rural parish village of Milland (near Liphook) in the beautiful South Downs National Park county of Hampshire/West Sussex Borders and can be easily reached from the A3 near Liphook. Situated within the commuter belt and the M23 corridor and also having excellent road communications providing easy access to the M3, M27, A3, M23 and the M25 circular making this excellent location an extremely popular commuter area for the major motorways and the major international airports of Gatwick and Heathrow.
Milland is also within the catchment area of many similar affluent villages and towns in addition to being situated close to Liphook, Winchester, Southampton, Portsmouth and Chichester and the coastal resorts of Worthing, Brighton and Bognor Regis and is also approximately only 25 minutes from the Goodwood Racecourse making this superb inn ideally situated to attract trade from these nearby surrounding towns and villages.
An enviable place to reside offering a compelling business opportunity.

THE PROPERTY

This attractive and imposing inn is a substantial 2-storey detached property and occupies an excellent busy main road trading position.

Main entrance at the front leading into the Public Bar.
Public Bar (circa 40+) being L-shaped is a good sized and traditional room exuding a welcoming and relaxing ambience having a feature central brick built return bar servery with a solid polished counter, glass gantry above and back fitting with trade optics, shelving and refrigerated bottle coolers (not tested) which is complemented by a good range of solid polished tables, upholstered chairs and upholstered bar stools.
Adding to the charm and character of the room are the feature brick built archways. There is also a darts throw and access to the Letting Accommodation, Function Room and Restaurant.

Restaurant (circa 40 covers) is a good sized inviting room exuding a lovely cosy and intimate dining ambience and is well furnished with a good range of solid polished tables and upholstered chairs. Access to the Beer Garden.

Function Room (circa 60+) is a good sized versatile room ideal for meetings and private parties/functions etc and is furnished with loose polished tables and upholstered chairs. There is also a full size portable Skittle Alley run. Access to a good sized store room (previously the commercial kitchen).

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

LETTING ACCOMMODATION

There are 4 bedrooms presented in superb decorative order all with ensuite shower rooms, T.V and tea/coffee making facilities. There is also a private courtyard for the guests with a timber picnic bench.

OWNER'S ACCOMMODATION

Situated on the 1st floor, being of a very good size and presented in good decorative order briefly comprises: 4/5 bedrooms, lounge, kitchen, office/bed 5, bathroom and separate W.C.

EXTERNAL

There is a very good sized lawned Beer Garden (circa 150+) having a delightful backdrop of mature trees, shrubs and bushes etc. There is also a paved patio area with timber picnic benches overlooking the garden. Patron's parking facilities for circa 25 cars. There is also a covered storage area housing a walk-in chiller and a timber shed. There is also a good sized enclosed garden for the owner's private usage.

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 - Saturday - 10.00am - Midnight
Sunday - Midday - 11.30pm
The current opening hours are as follows:
Monday - Saturday - 6.00pm - 11.00pm
Sunday - Midday - 4.00pm

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.

GENERAL REMARKS

The property and business are being offered for sale freehold (although we have not had sight of the title deeds). We are advised that the inn benefits from all mains services with the exception of LPG for cooking & septic tank for sewage and uses oil fired central heating (services not tested). Business rates payable are advised as being 6,300 per annum.

THE BUSINESS

Our vendor client, in situ since 1993 operates this superb business as a 'sole trader' on a full time basis with the assistance of 2 part time staff. Trade is currently derived from circa 10% wet, 40% food and 50% accommodation sales, thereby providing immense scope for a new hands-on operator partnership with previous experience of running a catering, letting and events orientated operation to take this business to even greater heights by focussing on a strategic and extensive marketing campaign to further promote the premises for weddings and private functions etc. This is an incredible opportunity for an owner operator to continue to build the business or for a commercial investor to enhance an existing portfolio.
Advised current turnover due to the dramatically reduced trading hours is circa 100,000 (incl. VAT).
The asking price reflects the current trading foundation, the location and quality of fixtures and fitting, and of course not forgetting that this is an extremely substantial freehold property. Accounting information will be made available to interested parties after viewing.
The property 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 via 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.


Nearest stations

  • Liphook (1.4 mi)
  • Liss (3.3 mi)
  • Haslemere (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds Business Transfers Limited , National Licensed Property

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448136 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 stations

  • Liphook (1.4 mi)
  • Liss (3.3 mi)
  • Haslemere (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds Business Transfers Limited , National Licensed Property

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448136 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.

Disclaimer - Property reference 7839. 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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