Pub for sale

The Wheatsheaf, Main Street, Maids Morton, Buckingham, Bucks, MK18 1QR

Guide Price £495,000

Property Description

Commercial information

  • Business for sale

Key features

  • Well established business
  • Picturesque village location
  • c.50 covers; bar 10-12, restaurant c.40
  • Large attractive beer garden
  • 2 bedroom owners' accommodation
  • Profitable business, EPC Exempt

Full description

Tenure: Freehold

Description

The Wheatsheaf is an attractive Grade II listed, two storey property set in its own plot with plenty of character and interesting architectural features. The appealing features of the property and the excellent food and drink made it an award winning CAMRA pub in 2016.

There is parking to the side of the property for c.12 vehicles and a large attractive trade garden to the rear, which is very popular throughout the summer months.

The property has been continually improved by the current owners over the last three years, building the business to the point that it can now be smoothly taken over by a new operator.

Location

The Wheatsheaf is set in the charming Buckinghamshire village of Maids Moreton, just one mile outside the town of Buckingham.

The property sits in a prominent roadside position attracting visitors from the local village as well as passing trade from further afield.

Situated in close proximity to the larger towns of Milton Keynes (12 miles), Bicester (13 miles) and Aylesbury (18 miles) as well as being only seven miles from Silverstone, the home of British motor racing.

Internal Details

The property is divided into three areas. The bar is a welcoming and open space with room for c.10-12 covers and leads through to the restaurant area with space for a further 10-12. Beyond this is the light and airy conservatory with space for an additional 30 covers (50 standing, suitable for events etc).

The first floor contains the owners' accommodation which consists of two bedrooms, a lounge and a bathroom. It is well decorated, comfortable and suitable for an owner/operator or a manager.

Fixtures & Fittings

We are advised that the trade fixtures and fittings in the property will be included in the sale and an inventory will be provided once a deal is agreed.

External Details

A large and well kept trade garden to the rear with space for at least 50 customers. It is large enough to use for events and is a real draw for the business during the summer months.

There is also a car park to the side of the property with room for 12 vehicles. There is local on street parking in addition to this which customers use.

Owner's Accommodation

Contained over the first floor and comprising two bedrooms, a lounge and a bathroom.

The Opportunity

The Wheatsheaf has been operated by the current owners for the past three years, trading as a country pub and restaurant offering a consistent level of quality service whilst maintaining high standards to ensure its popularity.

A new operator would immediately benefit from the pub's excellent reputation and steady stream of clientele and could further increase business by extending the opening hours to include Mondays.

Trading Information

Trading accounts supplied to us by the owners show a turnover in excess of £280,000 net of VAT and an adjusted net profit of c.£50,000. Further detailed account information can be made available to seriously interested parties.

Trading Hours

Tuesday-Saturday: 12 noon-11.00pm
Sunday: 12 noon-10.30pm

Planning Permissions

Planning permission currently in place to enlarge the kitchen and dining area to create a trading space in excess of 80 covers.

Business Rates

Current rates payable of £4,476 per annum due to small business rate relief.

Regulatory

Premises Licence.


More information from this agent

Nearest station

  • Wolverton (8.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Reading

200 Brook Drive, Reading, RG2 6UB

0118 453 0310 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.

Floorplans


To view this property or request more details, contact:

Christie & Co , Reading

200 Brook Drive, Reading, RG2 6UB

0118 453 0310 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

  • Wolverton (8.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Reading

200 Brook Drive, Reading, RG2 6UB

0118 453 0310 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.

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