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Main Street, Rugby, Warwickshire, CV23

£375,000

Business rates & charges may apply

Sidney Phillips Limited, The Midlands
SIZE

Ask agent

SECTOR

Pub for sale

USE CLASSUse class orders: A4 Drinking Establishments, sui_generis_1 and sui_generis_2

A4, sui_generis_1, sui_generis_2

Description

The Stag & Pheasant Inn is a quintessential English village pub which sits at the centre of Newton, Warwickshire, a sought-after residential village approximately three miles northeast of Rugby town centre. The population is thought to be in the region of 1,500 but ever increasing with further development planned. The village is popular due to its excellent road communication links, being just two miles off junction one of the M6 which links to all the major motorways within the Midlands region: the M1, M45, M69, A5 and A14.

The property enjoys much character having a thatched roof and being of brick construction to the original building, with a more modern brick extension to the rear with pitched roof. Offering a well planned and easy to operate trading area with catering kitchen. It is currently arranged as two separate flats, but with little reorganisation it could be configured to offer one large owner's accommodation. It benefits from a large car park and private trade gardens.

The Stag & Pheasant Inn has been operated by the current owners since 2020 when the building underwent a thorough refurbishment and redecoration programme prior to opening. The property is presented in very good condition and will require minimal major maintenance for many years to come. Currently offering wet sales only on limited trading hours, but there is scope to introduce a food offering.

After opening the business in 2020, it successfully traded as a village pub with food for a number of years. in 2023 the decision was made to stop serving food and it has since operated with wet sales only. Despite the lack of food, it still achieves sales in the region of £200,000 per annum, working on a gross profit of some 56%. The sales are achieved on limited trading between the following hours:

Monday to Thursday: 16:00 -23:00
Friday and Saturday: 12:00 - 23:00
Sunday: 12:00 - 20:00

The pub enjoys an excellent local trade from a cross section of the village and supports two bar skittles team.

FREEHOLD £375,000 for the freehold premises to include the trade furniture, fixtures, fittings, effects and goodwill. Stock at valuation in addition.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.

Main Street, Rugby, Warwickshire, CV23

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Rugby Station1.8 miles

About Sidney Phillips Limited, The Midlands

Shepherds Meadow, Eaton Bishop, HR2 9UA

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehold and freehold assets.

Our specialisms include the sale of 'going concern' businesses as Business Transfer Agents with years of specialist sector knowledge.

A trusted and established name

Established in 1898, Sidney Phillips boasts a network of nine regional offices, providing unrivalled local knowledge with national coverage.

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

We pride ourselves on our professional approach and discretion, acting for a wide range of clients including pub companies, regional brewers, private investors, developers and individual freeholders, leaseholders and tenants.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 95551. 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 Sidney Phillips Limited, The Midlands. 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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