Green Man Inn, King Stag, Sturminster Newton, Dorset, DT10 2AY

The Green Man at Kings Stag is a historic pub that was built a century ago. It was acquired in 2019 and is currently under private ownership. Recently, the pub has undergone extensive refurbishment, maintaining its quintessential Dorset charm while offering a blend of traditional and contemporary elements. Renowned for its homemade, locally sourced food and a variety of real ales and ciders, it strikes a perfect balance between old-world charm and modern amenities. The pub features three-bedroom owners accommodation or for live in staff, a bar, restaurant and function room. Additionally, it offers ample parking and a delightful sunny beer garden, making it a popular destination for locals and visitors alike.

The Green Man Website

Site area: 0.881 acres
GIA: 492 Sqm

The Green Man is situated in the heart of Kings Stag, a serene village just three miles north east of Sturminster Newton accessible via the A357 arterial road, making it easily reachable by car.

Visitors to the area will find themselves within close proximity to several notable attractions. The ruins of Sturminster Newton Castle, dating back to the 11th Century, lie a short drive away. Nature enthusiasts can explore the scenic River Stour or venture to Dairy House Farm to learn about Dorset's agricultural heritage.

Travellers arriving by train can reach the Green Man via the mainline railway stations of Templecombe and Sherborne, both located approximately 15 minutes from the village.

• Bar seating 20
• Farmhouse dining room seating 14
• Restaurant seating 14
• Green Room seating 12
• Function room/skittle alley seating 40+ with separate bar servery
• Commercial kitchen, pot wash, beer cellar, office and range of ancillary storage areas

The trade fixtures and fittings are included within the purchase price, with the exception of some personal effects. An inventory will be provided to prospective purchasers once an offer has been accepted.

We are advised that all mains services are connected with the exception of a LGP gas tank used for cooking.

Property benefits from solar panels which provide an income of circa £750 a year whilst reducing the pubs electric costs.

• Front garden seating 60 (shared with coffee house)
• Parking for 30 cars
• Coffee shop – let on a 12 month lease for £500 per month.

Three-bedroom management accommodation arranged over the first floor with domestic kitchen, living room and bathroom.

The business is run by a full complement of staff who are subject to TUPE and will transfer with the business.

10-month accounts to 31 January 2024 show a net turnover of £495,235 with a gross profit margin of 66% with wage costs at 44%. Further detailed financial information will be available upon request.

Current trade split: 48.2% WET and 51.7% DRY.

Monday to Saturday: 12:00pm – Close
Sunday: 11:30am – 17:00pm

• Freehold to be sold as a trading going concern (TOGC). Stock will be payable in addition to the purchase price on completion (SAV).
• New Lease: The property is also being offered on a new free-of-tie lease on a fully repairing and insuring basis, with an annual passing rent of £35,000pa for a minium term of 10 years, subject to three-yearly rent reviews. A minimum of a three-month rental deposit will be required, with rent paid quarterly in advance. Prospective tenants will be required to provide personal guarantees, a CV, a business plan, and proof of funding. Trade fixtures and fittings to be purchase in addition and at valuation.

The coffee shop is let to a independent operator on a one year lease with a monthly rent of £500.

Rateable value effective from 1 April 2023 is £16,500.

The property is elected for VAT and we advise that any perspective purchaser consults an accountant.

Premises Licence.