5 bedroom pub for sale

West Sussex

£475,000

Property Description

Full description

Tenure: Freehold

Ref 8244 FREEHOLD


A HIGHLY IMPRESSIVE AND SUBSTANTIAL THATCHED 18th CENTURY TRADITIONAL 100% WET LED FREEHOLD FREEHOUSE, LOCATED IN THE SOUGHT AFTER AND AFFLUENT COASTAL VILLAGE OF FELPHAM IN THE ARUN DISTRICT OF WEST SUSSEX


Imposing 18th century inn located in the prime location of Felpham.
Welcoming and inviting Public Bar (circa 20+) and a versatile and a multi-functional Lounge Bar (circa 50+).
Exuding a wealth of charm and character throughout.
Impressive 5 bedroomed family accommodation.
Fully equipped Commercial Catering Kitchen.
Paved Patio and Additional Seating Areas (circa 80) and Patron's Car Park for circa 10+ cars.
Advised current turnover circa £210,000 (incl. VAT).
Trade derived from 100% wet sales. Undoubted potential for catering/events orientated operators.
Superb Investment Opportunity.

AN INCREDIBLY RARE OPPORTUNITY TO ACQUIRE A WELL ESTABLISHED AND SUCCESSFUL BUSINESS AND FAMILY HOME OFFERING TREMENDOUS POTENTIAL


LOCATION
This superb business is located close to the seaside resort of Bognor Regis in the delightful village of Felpham and can be easily reached from the A259 from Chichester.
Being only a few minutes from the infamous Butlins Family Holiday Resort at Bognor Regis bringing an abundance of holiday makers and tourists to the area and also the nearby seaside town of Littlehampton which is also within the commercial catchment area of Felpham in addition to the many similar affluent villages and towns whilst also being situated close to Chichester, Arundel and the coastal resorts of Worthing, Brighton and Hove and is also approximately only 15 minutes from the Goodwood Racecourse making this superb inn ideally situated to attract trade from these nearby areas.
An enviable place to reside and a compelling trade opportunity.

THE PROPERTY
Main entrance at the front leading into the lobby with access in to the Public Bar.

Public Bar (circa 20+) is a delightful and inviting room exuding a warm and welcoming ambience; having a feature return bar servery with a solid polished oak counter having a matching back fitting with trade optics and refrigerated bottle coolers (not tested) which is complemented by a range of solid polished tables, chairs and upholstered bar chairs.
The room also has a flagstone floor and a beamed ceiling. Access to the Lounge Bar.

Lounge Bar (circa 50+) is a good sized room offering versatility in its multi-functional usage for private parties and wakes etc and exudes a relaxing ambience.
There is a long return bar servery with a solid polished oak counter having a mirrored back fitting with trade optics and refrigerated bottle coolers (not tested) which is complemented by a good range of solid polished tables, chairs, leather sofas and upholstered bar stools.
Adding to the charm of the room is a feature brick built open fireplace, the flagstone floor, beamed ceiling, part panelled walls and the lovely exposed stone walling.
There is also a pool table with lighting over. Access to the Patio Area.

Catering facilities include a fully equipped commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested). There is also a Wash-up Room.

Ground Floor Cellar with delivery access, pumps, pythons x2, tilt racks, post mix and cooler. Access to a dry goods store.
Ladies and Gents W.C's

OWNER'S ACCOMMODATION
Situated on the 1st floor, being of a good size, presented in good decorative order and briefly comprises: 5 bedrooms, lounge, kitchen, bathroom and a shower room.

EXTERNAL
There is a paved patio area with timber picnic benches/seating which extends along the side of the inn with an additional seating area at the front with timber picnic benches. Patron's parking facilities for circa 10+ 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 - Sunday - 11.00am - 11.00pm
The current opening hours are as follows:
Monday - Sunday - Midday - 11.00pm

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 property and business are being offered for sale freehold (although we have not had sight of the title deeds). We are advised that the inn benefits from all mains services (services not tested). Business rates payable are advised as being £7,500 per annum.

THE BUSINESS
Our vendor clients operate this successful business as a 'husband and wife' team on a 'full time' and a 'hands-off' basis respectively with the assistance of 2 full time and 3 part time/casual members of staff.
Trade is currently derived from 100% wet sales, thereby providing immense scope for a new operator partnership with previous experience of running a catering/events orientated operation to take this business to even greater heights by focussing on a strategic and extensive marketing campaign to further promote the premises for weddings, private functions and wakes etc.

Advised current turnover circa £210,000 (incl. VAT). This truly is an incredible opportunity for either an owner operator to continue to build the business or for a commercial investor to enhance their existing portfolio.
This delightful inn is an extremely 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 £300,000 (incl. VAT) per annum.

The asking price reflects the current trading foundation, the location and quality of fixtures and fitting, and of course not forgetting that this is an extremely substantial freehold property.

Accounting information will be made available to interested parties after viewing.

The property was viewed by Martin McConnell who would be delighted to discuss further details.

Viewing appointments must be made via Guy Simmonds.

Details Prepared: April 2019

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 stations

  • Bognor Regis (0.9 mi)
  • Barnham (3.0 mi)
  • Ford (4.4 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 stations

  • Bognor Regis (0.9 mi)
  • Barnham (3.0 mi)
  • Ford (4.4 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 8244. 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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