7 bedroom pub for sale

ESSEX

£425,000

Property Description

Full description

Tenure: Freehold

REF: 8288 FREEHOLD



AN IMPRESSIVE AND TRADITIONAL 17th CENTURY GRADE II LISTED MULTI AWARD WINNING FREEHOUSE FOR SALE OFFERING TREMENDOUS POTENTIAL SITUATED IN THE HIGHLY SOUGHT AFTER HAVEN PORT TOWN OF HARWICH, ESSEX


Imposing and substantial 17th Century Inn situated in the prime location of Harwich.

Traditional Public Bar (circa 30), versatile and multi-functional Restaurant (circa 30 covers) and Function Room (circa 25+ covers).

Fully equipped Commercial Catering Kitchen.

Superb 4 Bedroomed Family Accommodation - plus an additional self-contained 2 Bedroom Apartment and a self-contained 1 Bedroom Apartment. Superb letting potential.

Enclosed Courtyard.

Advised current turnover circa £360,000 (incl. VAT).

Trade split circa 60% wet and 40% food. Undoubted potential for a catering/lettings orientated operator.

Refurbished and modernised yet retaining a wealth of charm and character throughout.


A ONCE IN A LIFETIME OPPORTUNITY TO PROCURE A WELL ESTABLISHED AND PROFITABLE BUSINESS AND FAMILY HOME OFFERING MASSIVE GROWTH POTENTIAL


LOCATION

This outstanding business can be found in the sought after Haven Port town of Harwich in the beautiful county of Essex and can be easily reached from the A120 near Colchester, having excellent road communications providing easy access to the A12, M25 and M11 motorways and the major international airports of Stansted and Gatwick.
Being located in Harwich and also being very close to both the Harwich and Parkeston Ferry terminals, bringing an abundance of visitors and tourists from Holland and Denmark all year round. Harwich is also situated close to Clacton on Sea, Colchester, Ipswich and Felixstowe making this traditional inn ideally situated to draw trade from the nearby surrounding towns and villages and has an excellent level of repeat trade and is also well serviced by local schools, shops and amenities. An enviable place to reside and a compelling trade opportunity.

THE PROPERTY

Main entrance at the front leading into the lobby with access into the Public Bar.

Public Bar (circa 30) is a traditional room having a feature return bar servery constructed of solid European oak having a solid polished oak counter and a matching back fitting with shelving and trade optics which is complemented by a good range of loose polished tables, fixed upholstered perimeter seating, upholstered chairs and upholstered bar chairs. Adding to the charm and character of the room are the feature brick built open fireplace, the oak effect flooring and the part panelled walls. There is also a darts throw. Access to the Restaurant.

Restaurant (circa 30 covers) is a versatile and multi-functional room and exudes a warm and relaxing ambience and is well furnished with a good range of loose polished tables and leather chairs. There is also a feature log burner fireplace.

Function Room (circa 25+ covers) situated on the 1st floor, being of a good size and well furnished with solid polished tables and leather upholstered chairs. There are also 2 feature open fireplaces adding to the charm and character of the room. Access to a W.C also situated on the 1st floor.

Catering facilities include a fully equipped Commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested).

Lower Ground Floor Cellar with dray drop, pumps, python, racks, post mix and cooler.

Ladies and Gents W.C's

OWNER'S ACCOMMODATION

Situated on the 2nd floor, being of a good size and presented in good decorative order briefly comprises: 4 bedrooms, lounge, kitchen and bathroom. The living accommodation requires a little work to reinstate the rooms back to B&B; as they were 4 years ago. There has been a loss of two local hotels through building developments and Harwich needs further letting accommodation.
In addition, there is a self-contained flat situated on the 1st floor, briefly comprising: 2 bedrooms, lounge, kitchenette and a bathroom.
There is also self-contained apartment at the rear of the inn, having a private access and briefly comprises: 1 bedroom, lounge, kitchen and a shower room.
N.B. Agents Note: The above accommodation has immense potential for either letting, staff and owner's accommodation usage if so desired.

EXTERNAL

There is an enclosed courtyard at the rear.

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 - 10.00am - 01.00am
Sunday - Midday - 10.00pm
The current opening hours are as follows:
Monday - Saturday - Midday - 11.00pm
Sunday - Midday - 10.00pm
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 is 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 £NIL per annum.

THE BUSINESS

Our vendor clients operate this highly successful business on a 'husband and wife' team on a full time basis with the assistance of 2 full time and 6 part time/casual members of staff.

Trade is currently derived from circa 60% wet and 40% food sales, thereby providing immense scope for a new hands-on operator partnership with previous experience of running a catering/letting orientated operation to take this business to even greater heights by focussing on a strategic and extensive marketing campaign to further promote the premises.
The inn has achieved the Camra accolade of 'Pub of the Year' for 2019 and has also twice received a 'Certificate of Excellence' from Trip Advisor.

Advised current turnover circa £360,000 (incl. VAT).

This is truly an incredible opportunity for either an owner operator to continue to build the business or for a commercial investor to enhance their existing portfolio.

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: July 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

  • Harwich Town (0.1 mi)
  • Dovercourt (0.5 mi)
  • Harwich International (1.4 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

  • Harwich Town (0.1 mi)
  • Dovercourt (0.5 mi)
  • Harwich International (1.4 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 8288F. 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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