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The Coal Orchard, 30-32 Bridge Street, Taunton, Somerset TA1 1UD

Offers Invited

Sprosen Ltd, Weston-Super-Mare
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SECTOR

Pub for sale

Key features

  • Free of tie Somerset town centre pub and restaurant
  • Annual takings of £1,800,000 (net of VAT) in 2022
  • Seating circa 180 in large ground floor trading space
  • First floor fully commercial kitchen
  • High quality and extensive inventory
  • Customer toilets and ancillary space
  • Quality exterior beer garden for 50 and adjacent storage
  • Prime location, a great business opportunity
  • 20-year commercial lease

Description

Location
Taunton is a busy market town situated in Somerset, approximately 160 miles south west of London and 48 miles south of Bristol.

The area is well served with public transport routes with the town's main railway station providing regular services to Exeter St Davids (journey times from 23 minutes), Bristol Temple Meads (from 33 minutes) and London Paddington (from 1 hour 40 minutes). Road communications are good with the M5 Motorway being easily accessible at Junction 25 making Taunton a popular commuter town.

The Coal Orchard commands a prominent position on Bridge Street at its junction with Goodlands Lane and within close proximity to the River Tone.

Surrounding occupiers include Pizza Express, Subway, Zinc Nightclub and Morrisons. The Orchard Shopping Centre along with High Street and Fore Street are also a short walk where occupiers include Nandos, Pitcher & Piano and Cosy Club.

The Business Premises
Ground floor business property extends to 4,438 square feet (412 square meters).

Entrance Vestibule
With table and chairs bar seating for around 90, close carpeted floor, air conditioning and two separate double door entrances to this space. Fully glazed art deco style windows are to the front.

Bar Servery
Has polished wooden top and a full range of back bar equipment including four double doored full height refrigerators, non-slip floor, glass drying point and TV screen for the CCTV equipment throughout.

Beyond the bar is a glass wash area with three glass washers, stainless steel worktop surfaces, non-slip floor and two dumbwaiters in the first floor commercial kitchen.

There is also a walk-in cold room in this area.

Rear Bar Area
Seats for a further 90 at cinema bar tables and chairs with close carpeting.

There are half panelled walls, wall light fittings and a plethora of local pictures and artwork throughout the building.

Ground Floor Disabled WC

Ground Floor Storeroom

Stairs Leading to:

Extend to 4,436 square feet (412 square meters).

First Floor Landing

Wall light fittings and collages of local scenes.

Leads to:

Ladies WC
Six WC cubicles and central hand washbasin and baby changing area.

Gents WC
Well fitted with six urinals, three WC, baby-changing unit and a range of hand washbasins.

Vestibule to:

Office
With desk, safes, CCTV equipment etc.

Storeroom

Cellar
A large space with modern equipment.

Commercial Kitchen
Newly fitted walk-in cold room.

Dedicated wash up area with a pass through dishwasher, deep bowl sink unit and various drying stations.

Dumbwaiters leading downstairs.

There is an extensive range of kitchen equipment including numerous microwave ovens, Panini machines, chilled cabinets, rational self-cooking centre, chargrill griddles, deep fat fryers etc. This is a very well fitted commercial kitchen.

Outside
Well presented patio beer garden for around 50 with attractive foliage, external continental blind and inset wall fittings.

Outside Adjacent Store
This is used for the storage of bins etc.

The Business
Has been recently traded by a private operator who is unable to continue due to personal reasons.

We are advised the weekly sales were between £15,000 and £20,000 this year.

Prior to this, JD Wetherspoons operated this site with annual sales of £1,800,000 (net of VAT).

We are unable to warrant any trading information.

Tenure
The business is available on the basis of a 20-year commercial lease which commenced in January 2023.

The annual passing rent is £70,000.

A rent deposit in the sum of £21,000 will be required. Rent is payable 3 months in advance and is subject to VAT.

Rateable Value
Current rateable value is £63,750.

Premises License
The property benefits from a premises licence, which allows the sale of alcohol until midnight, Sunday-Thursday and 1:00am Friday and Saturday.

Fixtures and Fittings
The property is fully equipped with the exception of tills, IT equipment and former branded items.

Brochures

The Coal Orchard, 30-32 Bridge Street, Taunton, Somerset TA1 1UD

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Taunton Station0.3 miles

About Sprosen Ltd, Weston-Super-Mare

44 Boulevard Weston-Super-Mare BS23 1NF

Sprosen Ltd, Weston-Super-Mare

We are a leading specialist advisor for buying, letting and selling businesses and commercial properties in our sectors - hotels, pubs, restaurants, retail and leisure.

If you are looking to buy or sell a business in our specialist sectors - you will find that our personalised service is focused on helping you achieve your ambitions.

We have been established for 17 years and we look forward to being of help in the future.

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