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High Street, Bristol, BS16

£395,000

Business rates & charges may apply

Sidney Phillips Limited, South West
SIZE

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SECTOR

Pub for sale

USE CLASSUse class orders: Sui Generis

sui_generis_3

Key features

  • Bristol suburb high street
  • High footfall shopping district
  • Open plan main bar (42)
  • Skittle alley & separate function room
  • Trade patio (50)
  • Sold with vacant possession

Description

The Portcullis occupies a roadside position on High Street in Staple Hill, a suburb on the eastern side of the Bristol city boundary. Staple Hill is close to areas such as Fishponds and Downend, and around 5 miles from the city centre. The suburb has a population of approximately 7,000 and a vibrant Victorian high street featuring numerous independent traders which provides a unique and bustling shopping experience. Residents of Staple Hill and visitors to the area also benefit from the attractions and amenities available nearby. Page Park is close at hand and is situated on land which was originally part of the Hill House Estate.

Staple Hill is easily accessible from the Bristol and Bath railway path, making it popular with walkers and cyclists. The area has plenty of free parking and bus services to the city centre.

Being one of the UK's largest cities, Bristol is home to two major institutions of higher education with over 59,000 students. The city's 2021 census shows the population to be approximately 472,500. Bristol has a bustling centre with a large shopping complex and an attractive harbour.

The Portcullis occupies a two-storey, brick built property under a pitch tile roof, in a corner plot position. The pub occupies a plot of approximately 0.14 of an acre, which includes the outside trading space. The property is briefly described as follows:

TRADE AREAS
GROUND FLOOR
Entrance porch off the high street into the open plan MAIN BAR. This trade space features a large, L shaped, panel fronted, polished top bar servery. Wood effect flooring, partially exposed brick walls and wall panelling. It has a stage area to the rear. Seating for around 42 with space for more standing.

Central COURTYARD with skylight roof and staircase to first floor FUNCTION ROOM. Ladies' and Gentlemen's CUSTOMER TOILETS. STOREROOM. SKITTLE ALLEY to the rear of the premises, located below the function room.

KITCHEN with stainless steel extraction and washup area. STOREROOM. Basement BEER CELLAR.

FIRST FLOOR
Unused, open plan FUNCTION ROOM.

OWNERS ACCOMMODATION
Located on the first floor with internal and external access, comprising: two BEDROOMS, BATHROOM, KITCHEN and SITTING ROOM.

EXTERNAL
Rear TRADE PATIO with raised slab area and seating for approximately 50. To the rear is a private driveway/yard for 2 vehicles

The business is currently being operated by a third party and therefore no trading figures are available, although we understand the current operation is wet sales driven. Prospective purchasers must make their own assessment as to the likely trade levels, having due regard to the location and potential of the site.

There is scope to make use of the unused function room on the first floor.

INVENTORY
The sale of the property will include trade fixtures and fittings which are in absolute ownership of the seller and in situ on completion. Any branded or leased items and any items owned by third parties will be excluded.

An inventory of fixtures and fittings will not be provided by the seller. If required, the buyer may obtain an inventory (approved by the seller) at their own cost. The seller will not be required to remove any such items that remain on the property on completion.

FREEHOLD £395,000. Sold as seen and with vacant possession. The relevant notices will be served on the current occupying tenant.

The property is elected for VAT. VAT will be levied on the sale price of the freehold at the standard rate on 90% of the purchase price. Purchasers may wish to satisfy themselves with independent professional advice that this VAT may be reclaimed.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.

A full Premises Licence is held for the retail of alcohol:

Monday - Thursday: 10:00 - 00:00
Friday - Saturday: 10:00 - 01:00
Sunday: 12:00 - 23:30

All mains services are connected.

Rateable Value: £10,500 as at 01 April 2023

Local Authority: South Gloucestershire Council

High Street, Bristol, BS16

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stapleton Road Station2.7 miles
  • Bristol Parkway Station2.7 miles
  • Filton Abbey Wood Station2.9 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

These notes are private, only you can see them.

Disclaimer - Property reference 95216. 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 Sidney Phillips Limited, South West. 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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