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Inn on the Pond, Nutfield Marsh Road, Nutfield, Redhill, RH1 4EU

Guide Price
£25,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Pub for sale

Key features

  • Delightful quintessential Country Pub
  • Character pub next to pond and cricket pitch
  • Three section bar with separate dining room
  • Potential for food-led trade
  • Outstanding opportunity in affluent location
  • 5-year tenancy or flexible long lease terms available
  • Christie & Co Ref: 4256568

Description

Description

Whilst there is reported to have been a building on this site since 1520 it only became a pub in 1988. In the past it has been a factory, guest house and country club with squash courts and swimming pool.

Parts of the current building are Grade II listed and to the rear is a large two storey extension which previously housed the two squash courts. This is mainly storage currently but could be put to better use.

With gardens front and back and a large car park the entire site is approximately 1.2 acres.

Location

The Inn on the Pond is set in open Surrey countryside but surrounded by transport links and activities that draw people from a wide radius.

Three miles east of Redhill, it is close to the A25, Junction 8 of the M25/M23 and just 12 miles north of Gatwick Airport.

In addition to the local Cricket club, there is Nutfield Biodiversity Park for walkers, Mercers Lake with a water sports centre and Nutfield Priory Hotel.

Internal Details

Central canopied entrance into the main bar in three areas around a large central fireplace. Each area has exposed timbers, brickwork and part stone floors. Range of loose seating for 60 with bar servery on one side.

Steps to dining area with views to rear garden provides around 54 covers.

Centrally placed ladies and gents toilets.

At one end of the dining area is the large commercial kitchen with extraction. This leads to a number of stores and the former squash court area. There is a level cellar behind the bar with rear access.

Fixtures & Fittings

The trade fixtures and fittings are included in the purchase price quoted and a full inventory will be provided.

Other Ingoing Costs

An incoming tenant will be expected to pay for the following in addition -
Trade deposit - £5,000
Contract deposit - £500
Maintenance Scheme - £1,000
Training deposit - £1,000
With stock and crockery in addition estimated at £5,000
Provide proof of Working Capital for at least £10,000

External Details

Standing in c.1.2 acres The Inn on the Pond is accessed via a shared private road with adjoining properties. There is a large, paved car park to the side for 50 vehicles.

A major attraction is the garden to the front overlooking the pond and countryside. There are bench tables for over 70 people on two lawned areas. To the rear is a large unused garden area which used to house the swimming pool. There are also 2 outbuildings, one of which used to be for staff.

Owner's Accommodation

On the first floor is a manager’s office, and a 2-bedroom flat plus smaller 1-bed flat with separate access.

The Opportunity

Classic country pub with many attributes that can contribute to its success. Set as it is overlooking open countryside with trade gardens next to a pond and views of the local Nutfield Cricket ground there is also existing space to extend into and unused gardens to the rear.

Our clients Shepherd Neame are looking to let the business on either a 5-year tenancy or longer term lease with an adjusted tie, on full repairing and insuring terms.

Staff

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

Trading Information

The property is part of a larger tenanted estate and there is no turnover information available. Some supply volume information is available as the business is currently held on a tied lease agreement.

With it being an excellent location in a popular area of Surrey, it is felt that an entrepreneurial tenant will be able to to identify and retain a consistent local clientele as well as take full advantage of the summer boost.

Trading Hours

The premises currently trade 7 days a week, opening at midday, closing at 10pm Monday and Sunday, 11pm the remainder of the week. There is scope to increase these hours to attract a morning trade in the summer.

Tenancy

The business can be let on a 5-year tenancy agreement from Shepherd Neame with a full tie for drink supply. There would limited liability for the repair of the building much which will be maintained by Shepherd Neame.

It is proposed that the commencing rent will be £40,000 per annum.

Alternatively, consideration will be given to a longer-term lease, with an adjusted tie, on full repairing and insuring terms. Full details on request.

Business Rates

The current rateable value according to the VOA as at 2023 is £24,600. The local authority is Tandridge District Council.

Brochures

Inn on the Pond, Nutfield Marsh Road, Nutfield, Redhill, RH1 4EU

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Merstham Station1.2 miles
  • Redhill Station1.5 miles
  • Nutfield Station1.6 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

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Disclaimer - Property reference 4256568-lh. 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 Christie & Co, Pubs & Restaurants. 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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