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The Pheasant Inn, 19 Salt Lane, Salisbury, Wiltshire SP1 1DT

£11,795

Business rates & charges may apply

Sprosen Ltd, Weston-Super-Mare
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SECTOR

Pub for sale

Key features

  • Beautiful Tudor period public house
  • Located in the centre of Salisbury a short walk from Salisbury Cathedral and Market Square
  • Characterful bar and restaurant seating for 60
  • Fully equipped catering kitchen
  • Spacious first floor function room seating about 40
  • Charming, enclosed flagstone courtyard seats 20
  • Two-bedroom separate letting cottage
  • Three-bedroom owner's accommodation

Description

LOCATION

Salisbury is a medieval cathedral city in Wiltshire near the edge of Salisbury Plain with a population of approximately 42,000.

The Pheasant Inn occupies a corner location opposite the Salt Lane car park in the centre of Salisbury. The pub is only a short walk to the historic Salisbury Cathedral and local Market Square encouraging a large footfall from the surrounding local community and tourists alike.

The world-famous UNESCO World Heritage Site of Stonehenge is 8 miles north-west of Salisbury.

The mainline railway station provides links to London Waterloo in 35 minutes and 90 minutes respectively. Salisbury is located approximately 19 miles (29 km) southwest of Andover, 23 miles (37 km) north west of Southampton and 23 miles (37 km) northeast of Blandford Forum. The A36 is approximately 0.5 miles (1 km) to the north and provides direct access to Southampton and Bath in approximately 40 minutes and 70 minutes respectively.

THE BUSINESS PREMISES

Entrance Vestibule
The main entrance is via a small vestibule which leads into 4 distinct dining areas, all with exposed beams and brickwork, beautifully decorated and finished in a traditional style in keeping with the pubs character.

Dining Area 1
Quarry tile floored dining / drinking area with 25 covers which boasts a large wood burner, perfect for a cosy meal.

Dining Area 2
Consists of traditional seating for 12 and a relaxed seating area for 6.

Dining Area 3
Consists of bench seating for 12 and 6 loose chairs on a solid parquet floor.

Dining Area 4
There is seating for 20 in a more intimate setting.

Bar Servery
Is a copper topped, wood panelled servery, fully equipped with bottle cooler, glass washer, ice machine, non-slip flooring etc. Again, this entire area is very period and suitable for the style of the pub.

Ladies WC
Leads off from Dining Area 4.

Gents WC
Leads off from Dining Area 4.

Both recently refurbished with tiled floors and tiled or panelled walls and solid wood surfaces.

Disabled WC
Leads off from Dining Area 4.

Also recently refurbished with new non-slip flooring.

Catering Kitchen
Is fully equipped with three microwaves, two deep fat fryers, six-ring cooker and numerous stainless steel fridges, freezers and preparation surfaces.

The kitchen and prep area have been totally re-equipped with non-slip flooring.

Up a flight of stairs accessed internally is a spacious carpeted function room with exposed brick and timber walls and a separate, wood panelled, bar servery. The function room can cater for up to 40.

PRIVATE ACCOMMODATION

The accommodation is on the first floor and consists of:

Large landing / hall area carpeted and traditionally decorated throughout.

Lounge
With fireplace.

Bedroom 1
Large double.

Bedroom 2
Large double.

Bedroom 3

Kitchen
Large with vinyl flooring.

Bathroom
With vinyl flooring and separate WC.

LETTING ACCOMMODATION

In addition, there is a two-bedroom cottage which consists of a small, decked courtyard area, kitchen, lounge with real fireplace.

Stairs led up to two bedrooms all carpeted throughout and a bathroom. Suitable for Air BNB.

OUTSIDE

Beer Garden
There is a charming enclosed rear courtyard with flagstone floor and seating for 20 at beer barrel tables.

This also serves as a second entrance to the pub.

Car Parking
There is no car parking, but The Pheasant Inn is situated adjacent to a large public car park.

THE BUSINESS

It is the landlord's view that this site has a potential turnover of circa £568,582 per annum.

Wet turnover £386,629

Dry turnover £181,953

We do not hold any accounting information, nor can we warrant any trading figures.

We believe this would be a fantastic opportunity for an experienced food operator to develop this well-known business with a quality food and beverage offer.

TENURE

The Pheasant Inn is available on the basis of a brand-new agreement with the Stonegate Group.

There will be a wet tie to the Stonegate Group incorporated within this agreement.

Rent is £44,000 per annum.

Rateable Value
Current rateable value (1 April 2023 to present) £22,000.

This is not what you will pay.

Brochures

The Pheasant Inn, 19 Salt Lane, Salisbury, Wiltshire SP1 1DT

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Salisbury Station0.5 miles

About Sprosen Ltd, Weston-Super-Mare

44 Boulevard Weston-Super-Mare BS23 1NF

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.

Notes

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