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Royal Oak, Kinnersley, Severn Stoke, Worcester, Worcestershire, WR8 9JR

£670,000

Business rates & charges may apply

Sidney Phillips Limited, The Midlands
SIZE

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SECTOR

Pub for sale

USE CLASSUse class orders: A4 Drinking Establishments and Sui Generis

A4, sui_generis_3

Key features

  • Freehold or to let on new free-of-tie private lease
  • Character lounge bar & restaurant
  • Four bedroom owners accommodation
  • Four en suite letting bedrooms
  • Trade garden & parking

Description

The village of Kinnersley is approximately one mile east of the A38 trunk road 7 miles south of Worcester. It can be found some 6 miles from junction 1 of the M50 motorway at Tewkesbury and therefore the property benefits from excellent communication links to all directions north, south, east and west. The village is the home of the famous Kinnersley racing stables, iconic in the 70s when it produced Grand National winners.

The subject property, The Royal Oak, stands detached in a corner position at the very centre of the village with a draw-on car park. An attractive cottage style property which also has to the rear a converted barn which now houses three en-suite letting bedrooms.

The pub, which has been extended to provide additional dining space, offers a traditional bar as well as two section restaurant, ample owners accommodation and the aforementioned letting bedrooms. It is offered for sale or to lease on favourable terms and is briefly described as follows:

TRADE AREAS
The MAIN BAR is accessed via the ENTRANCE VESTIBULE from the front of the property. It is arranged on split levels, the upper section being carpeted and having feature beamed ceiling and part exposed antique brick and part panelled walls, assorted traditional pub seating for 26/28 customers including a lower section which has tiled floor and pew/settle seating in a SNUG area. The main bar has feature raised fireplace which has a beamed lintel over and cast iron log burner installed.

The LOUNGE BAR and RESTAURANT areas are to the rear and there is a RECEPTION AREA with counter from CENTRAL SERVERY. This area is carpeted and linear and has a fireplace with exposed antique brick chimney breast and cast iron electric burner installed. There is traditional loose seating for 12 or so customers. The reception area leads into the main DINING AREA which is in two parts, one of which is a conservatory. There is exposed antique brick walls throughout, boarded floor and high backed leather bound contemporary dining chairs as well as dralon upholstered Mates style chairs currently arranged for 42 diners with double door access onto the beer patio.

From the inner hallway are the LADIES' and GENTLEMEN'S CUSTOMER TOILETS.

The CATERING KITCHEN has Altro nonslip flooring, a good selection of stainless steel catering effects and work surfaces with a FREEZER ROOM/DRY STORE adjacent. There is an on level BEER CELLAR.

Utility room at the bottom of stairs,

OWNERS ACCOMMODATION
Located at first floor and currently split into two separate areas. The main accommodation consists of large DOMESTIC LOUNGE, BEDROOM ONE of DOUBLE SIZE, BEDROOM TWO of SINGLE SIZE (currently used as an OFFICE) and BEDROOM THREE of DOUBLE SIZE. BATHROOM with suite of wash hand basin, WC and bath with shower over.

There is a second ONE BEDROOM STUDIO FLAT.

LETTING ACCOMMODATION
In a separate converted STABLE BLOCK is a run of three EN SUITE LETTING BEDROOMS arranged as follows:
BEDROOM ONE: DOUBLE SIZE with EN SUITE BATHROOM with suite of wash hand basin, WC and bath with shower over.
BEDROOM TWO: DOUBLE SIZE with EN SUITE BATHROOM with suite of wash hand basin, WC and bath with shower over.
BEDROOM THREE: TWIN SIZE with EN SUITE BATHROOM with suite of wash hand basin, WC and bath with shower over.
BEDROOM FOUR :To the rear of pub there is a fourth SINGLE BEDROOM with suite of wash hand basin, WC and bath with shower over.
Each bedroom has a full bedroom suite, is carpeted and has tea and coffee making facilities and TV.

EXTERNAL
There is a PATIO AREA with direct access from the conservatory. This is a courtyard area created by the shape of the building providing seating for 30+ customers.

There is a draw-on CAR PARK with space for 12 vehicles.

Our clients acquired the property as an investment since when it has always been operated by independent tenants. They have no recourse to trading figures and perspective purchasers and tenants will need to reach their own conclusions as to the potential trade and profitability which can be enjoyed at this outlet.

FREEHOLD or LEASEHOLD PRICE to include goodwill, fixtures and fittings. Stock at valuation in addition.

LEASEHOLD: to include goodwill, fixtures and fittings. Stock at valuation in addition
TERM: Six years
LANDLORD & TENANT ACT 1954: Inside Part II Landlord & Tenant Act 1954
ASSIGNABILITY: Fully assignable subject to Landlord's consent
BOND: A bond equivalent to 3 months' rent in advance
RENT: £22,000 per annum, paid monthly in advance
RENT REVIEW: Subject to rent reviews every third year of the term
REPAIR LIABILITY: Full repairing and insuring lease agreement
TIE: Free of all trade ties
INSURANCE: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent
VAT: VAT will not be payable on the Premium and rental payments

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.

Royal Oak, Kinnersley, Severn Stoke, Worcester, Worcestershire, WR8 9JR

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Worcestershire Parkway Station4.6 miles

About Sidney Phillips Limited, The Midlands

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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