Main Street, Rugby, Warwickshire, CV23

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.