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3 bedroom pub for sale

MIDDLESEX

Sold STC £85,000

Property Description

Full description

Tenure: Leasehold

Ref 8005 LEASEHOLD

A BUSTLING & EXTREMELY POPULAR 100% WET LED INN FOR SALE HAVING BEEN REFURBISHED & MODERNISED THROUGHOUT SITUATED IN THE HIGHLY DESIRABLE & AFFLUENT TOWN OF STAINES, MIDDLESEX



Substantial community inn circa 100 years old situated in a prime location in the sought after location of Staines.
Versatile and multi-functional Public Bar (circa 40) and a delightful Lounge Bar (circa 30).
Impressive 3 bedroomed family accommodation.
Well-equipped Commercial Catering Kitchen.
Good sized Beer Garden and Parking Facilities.
Advised current turnover circa 400,000 (incl. VAT).
Trade derived from 100% wet sales. Immense potential for catering orientated operators.
Enterprise Inns renewable lease.
Ideal first time buy.

AN EXCELLENT OPPORTUNITY TO ACQUIRE A THRIVING AND WELL ESTABLISHED BUSINESS AND FAMILY HOME WITH A SOLID CORE TRADING FOUNDATION YET STILL OFFERING MASSIVE GROWTH POTENTIAL

LOCATION
This outstanding business can be easily reached from junction 13 of the M25 circular. Situated within the commuter belt being approximately ONLY 15 miles from the capital City of London and also having excellent road communications providing easy access to the M1, M3, M4, M40 and M23 motorways making this superb location an extremely popular commuter area for the major motorways and the major international airports of Heathrow, Gatwick and Luton. Being situated close to Heathrow Airport, Egham, Sunbury, Hampton Court Park and Hampton Court Palace the inn attracts excellent levels of trade making this wonderful inn an extremely popular venue all year round. This superb inn is also ideally situated to draw trade from Staines itself and attracts a desirable clientele emanating from the nearby surrounding towns, villages and larger catchment areas and has an excellent level of repeat and passing trade and is well serviced by local schools, shops and amenities. An enviable place to reside offering a compelling business opportunity.

THE PROPERTY
This highly desirable inn is circa 100 years old and is of brick construction occupying an excellent main road trading position.
Main entrance at the front leading to the lobby with access into the Lounge Bar and Public Bar.

Public Bar (circa 40) is a good sized versatile and multi-functional room exuding a friendly and inviting ambience, having a feature central return bar servery with a solid polished counter with a matching mirrored back fitting having a range of trade optics and refrigerated bottle coolers. The room is well furnished with a good range of loose polished tables, upholstered chairs, upholstered bar stools. There is also a raised stage area for live bands etc. Access to the W.C's, Beer Garden and Lounge Bar.

Lounge Bar (circa 30) is a warm and welcoming room having a feature return bar servery with a solid polished counter and a matching mirrored back fitting with trade optics and refrigerated bottle coolers which is complemented by a range of loose polished tables, upholstered chairs and upholstered bar stools. There is also an AWP and a darts throw. Access to the W.C's and Lounge Bar.

Catering facilities include a well-equipped commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested). Access to the Utility Room.

Lower Ground Floor Cellar with dray drop, pumps, pythons x3 and cooler.

Ladies and Gents W.C.'s
OWNER'S ACCOMMODATION
Situated on the 1st floor, offering good sized and versatile rooms and briefly comprises: 2/3 bedrooms, office/bedroom 3, lounge and bathroom.

EXTERNAL
There is a good sized paved Beer Garden with timber picnic benches and a covered designated smoking area. There is also a private enclosed garden for the owners with a lawned area and a good sized timber storage shed. Patron's car parking facilities for circa 20+ 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:
Monday - Saturday - 11.00am - 11.00pm
Sunday - Midday - 10.30pm
The current opening hours are as follows:
Monday - Saturday - Midday - 11.00pm
Sunday - Midday - 10.30pm

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 7 years remaining of the Enterprise Inns full repairing and insuring, renewable agreement. We are advised that the inn is fully tied. We are informed that the rent is currently 35,000 per annum. 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 all mains services (no services seen or tested). Business rates payable are advised as currently being circa 12,000 per annum.

THE BUSINESS
Our vendor clients, in situ for the past 2 years have operated this excellent business on a part time basis with the assistance of 4 part time members of staff. We are advised the trade is currently derived from 100% wet sales, whereby providing massive scope for a new hands-on owner operator partnership with previous experience of running a food orientated venue to take this business to the next level by exploiting the obvious immense food potential that is to be found here.
This is an outstanding opportunity for those seeking a lifestyle change or an alternative career from the stress and strife of the City or even as an additional income stream whilst commuting.
Our vendor clients have established an excellent reputation which can be fully emulated and enhanced upon by new enthusiastic operators.

Advised current sales are circa 400,000 (incl. VAT).
This delightful inn is a well-established and successful business and in our opinion with the above areas of potential we would quite easily expect a fully focussed and fully committed operator to achieve a turnover well in excess of 450,000 (incl. VAT).

Accounting information will be made available to interested parties after viewing.
This business was viewed by Martin McConnell who would be delighted to discuss further details and can be contacted on 07970 213549.
Viewing appointments must be made by contacting Guy Simmonds.

Details Prepared: October 2017.

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.



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