3 bedroom pub for sale

ESSEX

£55,000

Property Description

Full description

Tenure: Leasehold

Ref 8298 LEASEHOLD


A HIGHLY IMPRESSIVE AND EXCEPTIONAL 20th CENTURY 'FREE OF TIE' TRADITIONAL INN FOR SALE SITUATED IN THE QUINTESSENTIAL AND AFFLUENT VILLAGE OF GREAT BARDFIELD, ESSEX


* Traditional inn situated in the prime English country village of Great Bardfield.
* Welcoming and inviting Lounge Bar (circa 45+) and a versatile and multi-functional Restaurant (circa 30 covers).
* Delightful and good sized lawned Beer Garden (circa 200) and Patron's Car Park for circa 20 cars.
* Impressive 3 Bedroomed Family Accommodation.
* Fully equipped Commercial Catering Kitchen.
* Superbly refurbished whilst retaining a wealth of charm and character throughout.
* Advised current turnover circa £400,000 (incl. VAT).
* 60% wet sales and 40% food sales. Immense potential for catering/events orientated operators.
* Private 'FREE OF TIE' renewable lease.

A TRULY UNMISSABLE OPPORTUNITY TO PROCURE AN ESTABLISHED AND SUCCESSFUL LIFESTYLE BUSINESS AND HOME OFFERING TREMENDOUS POTENTIAL


LOCATION
This outstanding and wonderfully presented inn is situated in the delightful country village of Great Bardfield and can be easily reached from junction 8 of the M11 motorway near Stansted Airport. Situated within the commuter belt being approximately ONLY 40 miles from the capital city of London and also having excellent road communications providing easy access to the M25, A1(M), A120 and the M1 motorways making this superb location an extremely popular commuter area for the major motorways and the major international airports of Stansted, Heathrow and Gatwick. The village of Great Bardfield is also within the catchment area of many similar affluent villages and towns in addition to being situated close to Finchingfield, Great Dunmow, Braintree and Bishops Stortford. An enviable place to reside and a compelling trade opportunity.

THE PROPERTY
This substantial and imposing village inn, believed to date back to the early 1900's is of brick construction occupying an excellent trading position.
Main entrance at the front leading into the lobby with access into the Restaurant and Lounge Bar.

Lounge Bar (circa 45+) is a good sized warm and welcoming room having a feature return bar servery with a solid polished counter and a mirrored back fitting with shelving, trade optics and refrigerated bottle coolers (not tested), which is complemented by an eclectic range of solid polished tables and delightful upholstered chairs, bay window seating and bar chairs. Adding to the charm of this room is the feature open fireplace and the solid oak flooring.
Restaurant (circa 30 covers) exuding a wonderful comfortable and relaxing ambience being versatile and multi-functional for a variety of different uses and is well furnished with an excellent range of solid polished tables and upholstered chairs. There is also a brick built open fireplace and a solid oak floor adding to the charm and character. Access to the Alfresco 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/Prep Room.
Lower Ground Floor Cellar with dray drop, pumps, python, post mix and cooler.

Ladies and Gents W.C.'s.

OWNER'S ACCOMMODATION
Situated on the 1st floor, being of a good size and presented in excellent decorative order briefly comprises: 3 bedrooms, lounge, kitchen/office and bathroom.

EXTERNAL
At the rear there is a good sized lawned Beer Garden (circa 200) being partly walled; with timber picnic benches and a timber gazebo with tables and chairs. There is also a timber constructed fully functional outside bar and a marquee (circa 100+) with tables and chairs. There is a paved Alfresco Patio area with rattan style garden furniture and a covered seating area with light/heaters. Patron's parking facilities with lined spaces 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 - Thursday - 10.00am - 11.30pm
Friday & Saturday - 10.00am - 01.00am
Sunday - Midday - Midnight
The current opening hours are as follows:
Monday - Saturday - Midday - Midnight
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 business is offered for sale as a lease assignment with approximately 5½ years remaining of the private full repairing and insuring, renewable agreement. We are informed that the rent is currently circa £26,000 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 propane gas for cooking and uses oil fired heating (services not tested). Business rates are advised as being £NIL per annum.

THE BUSINESS
Our vendor clients operate this excellent business as a 'partnership' on a full time and hands-off basis with the assistance of 3 full time and 3/4 part time/casual members of staff. Trade is currently derived from approximately 60% wet sales and 40% food sales.
Whilst emulating the current business model; there is still immense potential for a new full time hands-on owner operator partnership with previous experience of running a catering/events orientated operation to take the business to the next level by exploiting the obvious potential that is to be found here.
There are many additional areas of potential to increase sales and profitability by implementing a strategic marketing campaign to utilise the premises for private parties, wakes and functions.
.
Advised current turnover circa £400,000 (incl. VAT).
This extremely popular village inn is a well-established and successful business and in our opinion with the above areas of potential we would quite easily expect fully focussed and fully committed operators to achieve a turnover well in excess of £500,000 (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.

Viewing appointments must be made by contacting Guy Simmonds.

Details Prepared: August 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 station

  • Braintree (7.2 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

  • Braintree (7.2 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 8298l. 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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