Priory Marina Beefeater, Priory Marina, Barkers Lane, Bedford, MK41 9DJ

Guide price

£275,000

Size

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Tenure

Leasehold

EPC

Parking

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Primary use
Restaurant

No floor / site plan

Key features

  • Next to Premier Inn & Priory Lake - 57 rooms
  • c.250 external covers with lake views
  • 170-cover high-capacity trading space
  • Strong footfall from hotel & local catchment
  • Fully fitted kitchen with open-plan dining
  • Extensive shared customer parking. Energy Rating B
  • Annual rent: Peppercorn Rent
  • Christie & Co Ref: 3868007

Description

Description

The property comprises a substantial, purpose-built Beefeater public house and restaurant arranged over ground floor, designed to accommodate both destination dining and high-volume casual trade. The site benefits from a modern configuration, including a large restaurant space, separate bar area and an open kitchen concept that enhances customer experience.

A significant feature of the property is its extensive external trading areas, particularly the lakeside seating which offers a unique and highly attractive setting for customers. The premises are complemented by shared access to a large customer car park serving both the restaurant and adjacent Premier Inn.

Location

The property is prominently positioned within the Priory Marina development in Bedford, overlooking the highly attractive Priory Lake. This established leisure destination provides a picturesque trading environment and draws strong footfall from both local residents and visitors, benefiting from its waterside setting and associated recreational activity.

The site sits adjacent to a busy 60-bedroom Premier Inn hotel, generating consistent customer flow, and is further enhanced by neighbouring national operators including Costa Coffee. The location benefits from excellent connectivity, with convenient access to Bedford town centre and major road networks including the M1 and surrounding A-roads.

Overall, Priory Marina represents a well-established leisure and hospitality hub, with the property's lakeside aspect forming a key differentiator and significant driver of trade.

Internal Details

Internally, the property is arranged to provide two principal trading areas. The bar accommodates approximately 40 covers and offers a relaxed environment suitable for drinks-led and informal dining occasions. The main restaurant provides approximately 130 covers, configured to suit a high-volume food-led operation.

A key feature of the layout is the open kitchen positioned adjacent to the restaurant, creating an engaging dining experience. Back of house facilities are extensive and well-equipped, including a large food preparation area, dedicated wash-up section, walk-in refrigeration, dry storage, staff facilities and office accommodation. The overall configuration is highly functional and designed to support efficient service at scale.

Fixtures & Fittings

The trade fixtures and fittings are included in the purchase price. Certain items bearing corporate identity, brand name, third-party owned or on the excluded list (see “Terms of Disposal” document) may be removed from the property prior to, or shortly after, completion.

Other Information

T&C’s Link
Click Here for Terms and Conditions

Boundary Plans
• Restaurant Only Disposal - the plans edged in red are a guide to Whitbread’s property’s ownership, the boundary edged in blue is the demise that will transfer as part of the Freehold, Long Leasehold or shorter leasehold transactions.
• Whole Site Disposal – the plans edged in red are a guide to the property’s boundary only. Please seek your own legal advice in respect to the ownership plan.
• Stacked Sites – where the restaurant sits directly below the hotel, the access from the Hotel reception will be closed off, with access directed through the main restaurant entrance.

Service Charge (excluding Whole Sites) The buyer will be expected to pay a service charge, to cover common areas and grounds maintenance and repairs on a proportional basis.

VAT - will be calculated if the property has living accommodation at 90% or 100% if not and will be added to the purchase price. If the transaction is deemed to be a Transfer of a Going Concern (TOGC), VAT will not be payable.

External Details

Externally, the property boasts extensive customer areas, with seating for approximately 250 covers, a large proportion of which overlook the lake, creating a standout feature and a key driver of seasonal trade. The outside space is well configured for both casual dining and larger groups.

The property benefits from ample shared customer parking with the adjacent Premier Inn, providing easy access and convenience for visitors.

Owner's Accommodation

The property includes well-presented staff/manager’s accommodation arranged as a self-contained duplex flat. The accommodation comprises two bedrooms, a kitchen/diner, lounge and bathroom, providing comfortable on-site living space suitable for management occupancy.

The Opportunity

The property offers a rare opportunity to acquire a high-capacity, well-located pub and restaurant adjacent to a major branded hotel, benefiting from a consistent flow of captive trade. The scale of the internal and external trading areas, particularly the lakeside seating, provides significant scope to maximise revenue across food, drink and seasonal outdoor trade.

Staff

The sale is subject to TUPE - Transfer of Undertaking (Protection of Employment), all staff will transfer with the business on completion. Anonymised schedules will be available in the data room for review by qualified parties only.

Trading Information

Trading information is available exclusively to qualified buyers via a secure data room. Access is subject to the execution of a signed Non-Disclosure Agreement (NDA). For further details, please contact the appointed agent.

Tenure

Long leasehold is to be sold as a trading going Concern (TOGC). The property is held under a long lease granted by The Council of the Borough of Bedford for a term of 125 years from 1st March 1998. Approximately 96 years remain unexpired.

Regulatory

The property benefits from a Premises Licence. Any prospective purchaser will be required to hold a Personal Licence and to apply, at their own expense, for the transfer of the Premises Licence (subject to approval by the licensing authority).

Additional information
Service charge
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Business rates
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Use class
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Listed building
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Business for sale
Yes
Leasehold: Ask agent
Tenure
Leasehold
Length of lease
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Energy performance certificate: B

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
Ask agent
Read more about energy considerations for commercial property

Priory Marina Beefeater, Priory Marina, Barkers Lane, Bedford, MK41 9DJ

NEAREST STATIONS

National Rail

Bedford St. Johns Station

1.52 miles

National Rail

Bedford Station

2.07 miles

National Rail

Kempston Hardwick Station

3.96 miles

About Christie Owen & Davies Ltd, Pubs & Restaurants

Christie Owen & Davies Ltd, Pubs & Restaurants

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 3868007-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 Owen & Davies Ltd, 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.