16 bedroom pub for sale

WILTSHIRE

£99,000

Property Description

Full description

Tenure: Leasehold

REF: 8104 LEASEHOLD



PROMINENTLY POSITIONED & THRIVING RIVERSIDE INN/HOTEL WITH 13 LETTING BEDROOMS FOR SALE LOCATED WITHIN 10 MINUTES OF STONEHENGE & CLOSE TO SALISBURY IN STOFORD VILLAGE, WILTSHIRE



Only 10 mins from Stonehenge, on a main 'A' Road and alongside the river, great location!!

Light & airy Restaurant (circa 40), lovely Lounge Bar (circa 40) & spacious Function Room with a capacity of 120.

13 lucrative Letting Bedrooms.

Pleasant Cottage Garden (circa 60 customers) & beautiful Riverside Garden (circa 120).

3 Bedroom Owners House.

Large Car Park and Commercial Kitchen.

Advised turnover circa £726,000 (incl. VAT) for year ending 12/17 with a trade split of 30% accommodation, 40% food & 30% wet.

Enterprise Inns' partial tie lease agreement.



EXTREMELY BUSY RIVERSIDE INN AND HOTEL WITHIN A STONES THROW OF STONEHENGE

LOCATION

This 17th Century Riverside former Coaching Inn with 13 Letting Bedrooms is located on the A36 and next to the River Wyle in the pretty Wiltshire village of Stoford.
Stoford is situated in the picturesque Wyle Valley lying in the south of Wiltshire.
The village is located 10 minutes drive from both the City of Salisbury and the world famous UNESCO World Heritage Site of Stonehenge, attracting a huge number of visitors on a daily basis.
This lovely village is marked out by the River Wyle that flows past the business and beneath a rustic multi-arched bridge. The river is popular with anglers and this successful business benefits from its own fishing rights along the banks.


THE PROPERTY

This 17th Century Former Coaching Inn is of brick/stone construction, under a pitched, tiled roof, occupying a prominent 'A' road position within the village of Stoford, Wiltshire.

The Lounge Bar/Dining Area (circa 40) is a characterful room benefitting from a stunning inglenook fireplace, solid wood floors, beamed ceilings and a large attractive bar servery area.

The Restaurant (circa 40) is a light and airy room that offers access to the trade gardens along with wood floors and a feature fireplace.

The Function Room/Skittle Alley (capacity 120) is a spacious area regularly used for functions, meetings and parties. The room has a mix of wood and carpeted flooring, bar servery area, beams, carvery unit and skittle alley.

Ladies and Gents W.C.'s x 2.

There is a good size Commercial Catering Kitchen with stainless steel appliances (not tested) and work surfaces along with a Walk In Fridge and separate washing up area.

The Lower Ground Floor Cellar offers a python and cooler system.

LETTING ACCOMMODATION

Located on the 1st Floor are 9 En-Suite Letting Bedrooms (6 Double/Twins, Triple, Four Poster & Family Room) along with a further 4 Letting Rooms that offer a shared bathroom.

OWNER'S ACCOMMODATION

The owner's accommodation is situated at the rear of the property is a 2-storey attached house that offers Three Double Bedrooms along with a Lounge, Kitchen and Bathroom along with a large Private Garden.

EXTERNAL

Opposite the main property is a Lovely Riverside Garden that offers seating for approx 120 customers along with benefitting from fishing rights along this section of the River Wyle.
To the rear of the building is a Cottage Garden Area for approx 60 customers.
There is a Large Car Park for 60 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:

Mon - Sat 10am - 11pm
Sunday Midday - 11pm

Current opening hours are:

Mon - Fri 7am - 11pm
Sat 8am - 11pm
Sun 8am - 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 5 years remaining of the EI Group full repairing and insuring, renewable agreement. We are advised that the inn is free of tie for wines, spirits, soft drinks and bottled ciders. We are informed that the rent is currently £55,000 per annum to be reviewed in 2023. 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 LPG and all other mains services (no services seen or tested) and is heated by oil central heating. Business rates payable are advised as currently being circa £20,000 per annum.

THE BUSINESS

The current owners purchased the business 6 years ago and have built a solid and thriving business that continues to grow. Due to other business commitments, our vendors are offering this successful business to market and this is a fantastic opportunity for new owner operators to reap the rewards as well enjoying a lovely lifestyle in a desirable location.
Our vendors are also selling another busy business in the area and would consider a joint disposal.

Advised turnover for year ending 12/17 is circa £726,000 (inc VAT) with a trade split of 30% accommodation, 40% food and 30% wet.
Accounting information will be made available to interested parties after viewing.

This business was viewed by Marc Blackford who would be delighted to discuss further details and can be contacted on 07812 753014.

Viewing appointments must be made by contacting Guy Simmonds.

Details Prepared: June 2018

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.


Energy Performance Certificates (EPCs)

Nearest station

  • Salisbury (4.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds Business Transfers Limited , National Licensed Property

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448136 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Salisbury (4.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds Business Transfers Limited , National Licensed Property

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448136 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 8104. 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 Guy Simmonds Business Transfers Limited , National Licensed Property. 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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