2 bedroom pub for sale

HAMPSHIRE

£59,950

Property Description

Full description

Ref 7853 LEASEHOLD


WONDERFUL COUNTRY INN AND RESTAURANT WITH MATURE GARDENS AND CONSERVATORY SITUATED WITHIN THE HAMPSHIRE VILLAGE OF WOOLTON HILL, CLOSE TO NEWBURY


Pleasantly nestled within the village of Woolton Hill and Newbury.

Conservatory Style Restaurant (circa 40) with carpets and views over the gardens.

Superb Lounge Bar (circa 50) offers wood flooring, bar server, open fireplace and beams.

2 Bedroom Living Accommodation.

Rear Patio Terrace (circa 20) & Lawned Beer Garden (circa 40).

Large Car Park and Commercial Catering Kitchen.

Advised turnover is circa 325,000 (inc VAT) with a trade split of 60% wet and 40% dry on limited trading hours.

5 yrs remaining of a partial tied lease.

A SUPERBLY APPOINTED AND THRIVING HAMPSHIRE VILLAGE INN

LOCATION
This lovely and unopposed Country/Village Inn & Restaurant is beautifully positioned within the pleasant village of Woolton Hill within the civil parish of East Woodhay.
The village is situated approx. 6 miles south-west of Newbury and sits right on the Berkshire/Hampshire borders.
This lovely unopposed village pub also benefits from a church, sports club, football club, post office, nursery and excellent primary school.


THE PROPERTY
This Village Inn is of brick construction, with partial rendering, under a pitched, tiled roof, occupying a lovely position in the heart of Woolton Hill, Hampshire.

The Lounge Bar/Dining Area (circa 50) is a 'L' shaped traditional room benefitting from a mix of carpeted and wood flooring, bar server, beamed ceilings, open fireplace, wood panelling and painted brick walls.

The Conservatory Style Restaurant (circa 40) is a light and airy room offering pleasant views over the gardens. The room offers carpeted flooring and wood panelling along with quality fixtures and fittings.

Ladies and Gents W.C.'s.

There is a Commercial Catering Kitchen with stainless steel appliances (not tested) and work surfaces along with a separate wash up area, preparation area and dry store.

The Ground Floor Cellar benefits from a cellar cooling and python system.


OWNER'S ACCOMMODATION
The owner's accommodation is situated on the 1st floor and briefly comprises: Two Double Bedrooms, Lounge and Bathroom.

EXTERNAL
To the rear of the property is a pleasant Patio Terrace Area with seating for approx. 20 customers overlooking an enclosed and mature Beer Garden (circa 40).
Furthermore, to the front of the building is a seating area for 16 customers.
To the front of the property is a Large Car Park for 30 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:

7 days per week 11am - Midnight

Current opening hours are:

Mon - Thursday 4.30pm - 11pm
Friday 4.30pm - Midnight
Saturday Midday - Midnight
Sunday Midday - 7.30pm


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 5 1/2 years remaining of the Punch Taverns' full repairing and insuring, renewable agreement. We are advised that the inn is free of tie for Spirits, Wines and 2 Guest Ales. We are informed that the rent is currently 34,000 per annum to be reviewed in 2017. 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 LPG and all other mains services (no services seen or tested) and is heated by oil central heating. Business rates payable are advised as currently being circa 9,600 per annum.

THE BUSINESS
The current owners purchased the business in May 2012 and have built up a strong trading foundation over the past 4 years. The property is presented to a very high standard with an array of excellent fixtures and fittings.
The business offers huge potential to an owner operator who is keen to integrate into the village community and benefit from a growing and profitable business. There is further potential to increase trade by opening at lunchtimes.
We are advised turnover for y/e 04/16 is circa 325,000 with a trade split of 60% wet and 40% food.

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)

Nearest stations

  • Newbury (3.5 mi)
  • Newbury Racecourse (3.9 mi)
  • Kintbury (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds, National Licensed Property Agents

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448091 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

  • Newbury (3.5 mi)
  • Newbury Racecourse (3.9 mi)
  • Kintbury (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds, National Licensed Property Agents

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448091 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 7853. 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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