Pub for sale

The Ostrich, High Street Colnbrook, Berkshire, SL3 0JZ

Offers in Region of £1,350,000

Property Description

Commercial information

  • Business for sale

Key features

  • Delightful, historic coaching Inn nr Heathrow
  • Third oldest Inn in England dating from 1106
  • Character bar and restaurant (65)
  • 11 well-appointed ensuite bedrooms
  • Spectacular vaulted function room
  • Outside terrace (40+) and car park (50)

Full description

Tenure: Freehold

Description

Detached classic coaching inn which is Grade II listed with some Stared features. Detached and over two storeys, there are a mix of styles and ages, with the bedrooms being the most recent addition. Our clients undertook an extensive refurbishment in 2015 and the building has been well maintained since. The property sits in 0.46 acres.

Location

The Ostrich occupies a prominent and highly visible location on the High Street in Colnbrook. The pub is quickly accessed via the M25 and M4 motorways as well as the A4, with Heathrow Terminal 5 being 3.5 miles away.

There are several business parks in close proximity, home to major international companies within a variety of industries. In addition, visitors are attracted to the area by Windsor Castle, Ascot racecourse, Legoland and of course swift access to London.

Internal Details

Main entrance via the former coaching arch which gives lobbied access through to the main bar. This has a number of original features, exposed timbers and brickwork, large fireplace, and loose table & chair seating for 35 plus. Full width bar counter to one side. This leads though to the dining area which is in a similar style, seating for 25 and adjoining is a private dining room for up to 16.

On the first floor with access from the bar lobby, is the function room which has a large, vaulted ceiling with a wealth of exposed timbers, fireplace and its own bar servery to one end. This room can seat up to 40.

Ground floor kitchens with access to both dining room and bar are a good size, fully equipped and extracted plus walk-in chiller and fridge. Yard to the rear. Close by is the level cellar, storerooms, staff facilities and access to the first-floor managers flat. There are two sets of ladies and gents’ toilets plus disabled toilet.

Fixtures & Fittings

The trade fixtures and fittings are included in the purchase price. Certain items bearing corporate identity or brand name may be removed from the property prior to, or shortly after, completion.

Letting Accommodation

The 11 letting rooms are on the ground and first floors and each is individually styled. They are all either twin or double with one family room. 10 have ensuite showers, whilst the family room has an in-room bath.

External Details

To the rear is a south facing patio area with tables and chairs for 40 in two sections. Beyond this is the large, sectioned car park for over 40 cars.

Owner's Accommodation

On the first floor, with its own entrance, is a self-contained 2 bedroom managers flat with lounge, kitchen and bathroom. Adjoining is the managers office.

The Opportunity

The chance to own one of the country's most historic and classic inns in a wealthy Berkshire village setting. It has long been an important staging post since the middle ages, with many royal visitors and the site of an infamous serial murderer, Mr Jarman, a former landlord in the 17th Century.

Today its interior, full of many original features dating back over 900 years, make this a great venue for both locals and visitors to the area. This together with 11 newly created en-suite bedrooms, south facing terrace and large car park set in nearly half an acre make this an excellent opportunity for a new independent operator.

Staff

All staff will transfer with the business in accordance with the Transfer of Undertakings (Protection of Employment) Regulations.

Trading Information

Acquired by our clients, a Kent based regional brewer, in 2015 they set about creating the rooms and refurbishing the trading areas. Operated as a managed house the business attracts a good mix of income with rooms appealing to both business and visiting customers, locals in the bar and further afield for the food offer.

Sales have risen over the last five years and to the year end 31/3/2019 were £812,912 ex Vat. 43% of this is derived from food with rooms providing 21% of income. Some management accounts will be available to seriously interested parties.

Trading Hours

The premises currently trade 7 days a week opening at midday.

Business Rates

The current rateable value according to the VOA as at 2017 is £60,000. The local authority is Slough Borough Council.

Regulatory

The property has a Premises Licence granted by the relevant local authority. It is a requirement of the Licensing Act that properties serving alcohol have a designated premises supervisor who must be the holder of a Personal Licence. Prospective purchasers are advised to take appropriate specialist advice.


More information from this agent

Nearest stations

  • Sunnymeads (1.7 mi)
  • Langley (1.8 mi)
  • Heathrow Terminal 5 (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , London

Whitefriars House 6 Carmelite Street, London, EC4Y 0BS

020 3858 2841 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

  • Sunnymeads (1.7 mi)
  • Langley (1.8 mi)
  • Heathrow Terminal 5 (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , London

Whitefriars House 6 Carmelite Street, London, EC4Y 0BS

020 3858 2841 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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