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Duke of Wellington Inn, East Street, Wareham, Dorset, BH20

£495,000

Business rates & charges may apply

Sidney Phillips Limited, South West
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SECTOR

Pub for sale

USE CLASSUse class orders: A4 Drinking Establishments and Sui Generis

A4, sui_generis_3

Key features

  • Isle of Purbeck market town
  • Main bar (38) dining room (30)
  • Commercial kitchen
  • 2/3 letting rooms
  • Rear trade patio (80)
  • Established business with turnover exceeding £550,000

Description

The Duke of Wellington is located on East Street in the Saxon Ward market town of Wareham located in the Isle of Purbeck District of Dorset. Wareham is a pretty riverside town where the rivers Frome and Piddle join. The town has a population of around 8,000 and is situated 8 miles south-west of Poole and 10 miles north-west of the seaside town of Swanage.

Wareham is situated close to the Jurassic Coast and there are many local attractions in the nearby area with the fortification of Corfe Castle, the tank museum, Monkey World and the world famous Durdle Door and the village of Lulworth located a short journey away. Outdoor enthusiasts can enjoy cycling and walks in the nearby nature reserves just north of the town.

The Duke of Wellington occupies a Grade II listed two storey property of colour washed rubble and brick construction under a pitched tile roof. The attic space in the Duke of Wellington has been converted to create additional accommodation and a second floor.

TRADE AREAS:
ENTRANCE into MAIN BAR which seats 38. This room features an 'L' shaped polished top BAR SERVERY and back bar display, feature inglenook fireplace, fitted carpet, exposed timbers and wall panelling. Adjacent is a DINING ROOM which seats 30 with colonial style furnishings. Having fitted carpet, exposed stone walls and wall panelling.

CATERING KITCHEN beyond bar servery with non slip flooring and a range of stainless steel equipment and an extraction system. PREPARATION KITCHEN with stainless steel equipment and commercial fridge freezers.
Refrigerated BEER STORE with doored access to REAR YARD.

LETTING ACCOMMODATION:
Located at first floor with separate rear access and comprising: ONE FAMILY ROOM, ONE TWIN ROOM, a shared BATHROOM and UTILITY ROOM.

OWNERS ACCOMMODATION
Located at second floor and comprising: SPACIOUS DOUBLE BEDROOM and OFFICE - NB - AGENT'S NOTES - this configuration is currently utilised as staff accommodation.

EXTERNAL:
Sheltered COURTYARD with electric heaters with bench seating for 20. There is an OUTBUILDING that comprises the LADIES' and GENTLEMEN'S CUSTOMER TOILETS. Rear TRADE PATIO known as the The Outdoor Lounge with picnic bench seating for 60, partly sheltered and featuring a wood burning stove.

Although there is no onsite parking at the premises, there is a pay and display CAR PARK behind the pub that is commonly used by customers.

The Duke of Wellington has been under our clients' ownership since July 2016 and since then they have traded the Duke of Wellington as a traditional local drinking pub with a popular food offering. The business offers traditional pub food, basket meals and Sunday lunches with the addition of quiz and live music nights.

The pub is currently open 7 days' a week and we understand the trade split to be 80% wet and 20% dry. Profit and loss accounts show a net turnover for the year ending 30th June 2023 of £552,615 with a gross profit margin of 68%. Please note certified accounts may be made available to serious parties following a formal viewing.

We are of the opinion that this business would suit a hands on owner/operator and we believe there is scope to further improve turnover by increasing the food offering.

Duke of Wellington Inn, East Street, Wareham, Dorset, BH20

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wareham Station0.5 miles
  • Holton Heath Station2.2 miles
  • Hamworthy Station4.7 miles

About Sidney Phillips Limited, South West

Shepherds Meadow, Eaton Bishop, HR2 9UA

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehold and freehold assets.

Our specialisms include the sale of 'going concern' businesses as Business Transfer Agents with years of specialist sector knowledge.

A trusted and established name

Established in 1898, Sidney Phillips boasts a network of nine regional offices, providing unrivalled local knowledge with national coverage.

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

We pride ourselves on our professional approach and discretion, acting for a wide range of clients including pub companies, regional brewers, private investors, developers and individual freeholders, leaseholders and tenants.

Notes

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