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Haresfield Beacon & Railway Hotel, Haresfield, Gloucestershire, England, GL10 3DX

Guide Price
£895,000

Business rates & charges may apply

Christie & Co, Bristol
SECTOR
Pub for sale

Key features

  • 8 en suite rooms sleeping 27 in total
  • Net sales £535,439, for Y/E 29/2/2020
  • 2 bars, restaurant & function room (150)
  • Plans submitted for 7 timber lodges
  • Staff/owners 2 bedroom accommodation
  • High Occupancy. EPC Rating
  • Christie & Co Ref: 3451420

Property description

Tenure: Freehold

Description

The substantial detached three and two-storey red-brick Victorian building is under multiple pitched roofs with clay tiles and an attractive gable section to the fore. Built-in 1866 with later additions, the property has been the subject of extensive renovation and upgrades since our client's occupation in 2013 and subsequent purchase of the freehold in 2015.

The sale of the business is unfortunately as a result of ill health.

Location

The business is tucked away with views over the countryside in the village of Haresfield, yet is easily accessible with a brown sign directing you shortly after you leave Junction 12 of the M5 motorway.

The village itself has amenities including a primary school with the much larger and expanding village of Stonehouse about 3 miles away and the city of Gloucester close by.

The local area is rapidly developing commercially, with a number of nearby business parks providing new jobs, in conjunction with new housing schemes such as Kingsway village in Quedgeley, building some 3,500 new homes. These schemes are bringing in a workforce on these sites that requires accommodation which the Beacon Inn and Hotel will benefit.

Another local attraction is Dobbies Garden centre which brings in regular footfall.

Internal Details

Front entrance into the lobby area with doors to the bar and restaurant areas which are briefly described as follows:-

Main bar with an extensive bar server, bar stools and a mix of table and fixed seating areas for about (50) persons, quarry and carpet flooring. the bar has an extensive range of real ales and cider.
The lounge bar and hotel reception seating area is open plan to the lower dining area seating (16) with opening up to the main restaurant room that seats (30) which also doubles up as the breakfast room for residents.

Ground Floor

Function room and Skittle alley with part timbered vaulted ceiling and a brick fireplace at one end. The room is used extensively throughout the year for private functions, skittle teams and local clubs and events.

Other Floors

Back of House areas include: a large well fitted commercial kitchen with door outside enclosed yard with passageway for deliveries.
Central walkway accessing the bar and restaurant, doors to the customer toilets and door with steps down to the basement cellar and storage areas.

Fixtures & Fittings

The trade inventory will be included in the sale.

Letting Accommodation

All rooms are en-suite and on the First Floor, consisting of:-
One triple room
One Superior room
Three standard double rooms
One family room
One family studio room
One quadruple room

There is a varied selection of rooms to suit singles, couples, groups and families. The capacity if all beds are occupied is 27 people.

External Details

There is raised terrace seating to the front and sides plus a covered area that can accommodate around 60 people. Plenty of car parking on-site and along the road approaching the business.
Another income stream is derived from a flight simulator housed in an outbuilding which brings in £3,600 per year.
The car park's boundary adjoins open land and it, therefore, opens up the future possibility of acquiring additional grounds for car parking or leisure usages such as caravans or log cabins subject to the normal consents.

Owner's Accommodation

Located on the second floor, consisting of 2 bedrooms, lounge, kitchen and bathroom. Currently used by a member of staff.

The Opportunity

The business has a solid customer base and an established trade built up over the past 5 years derived from the villages and the growing local population ensuring a sustainable trade level and future growth for new owners. As a result of the high occupancy on the existing rooms, our clients have applied for planning for 7 lodges which new owners could take up, develop and grow the accommodation side of the business.

The business is well situated to benefit from stop offs and a meeting point to break the journey along the M5 motorway. In addition is close enough to take advantage of the annual festivals/events such as the Cheltenham races, Badmington and is close to a number of walking trails including the Cotswold Way.

The pub side of the business is busy all year with shoots and skittle teams, during the winter months and Morris dancing, live music ( farmers trailer), marquee events and hosting the local cricket teams.

Staff

A list of staff to be transferred will be made available to seriously interested parties.

Trading Information

Trading accounts for year ended 29/2/2020 show nets sales of £535,439 with a trade split of approximately 35% wet, 35% food and 30% accommodation.

The hotel bookings are through bookings.com and direct

Barrelage for draft ales, cider and lager is circa 250.

Trading Hours

Open 7 days a week

Planning Permissions

Planning permission granted in 2017 to knock through the wall from the upper restaurant into the function room to facilitate larger functions and weddings of over 100 people.

Planning submitted for the erection of 7 wooden lodges to be situated to the rear of the site, subsequently withdrawn by the vendors in order to prioritise investment into extra bedrooms.

Business Rates

Rateable value is £34,750

Regulatory

Premises Licence.

Energy Performance Certificates

EPC 1

Brochures

Haresfield Beacon & Railway Hotel, Haresfield, Gloucestershire, England, GL10 3DX

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stonehouse Station2.9 miles
  • Stroud Station3.7 miles
  • Cam & Dursley Station6.1 miles

About Christie & Co, Bristol

Embassy House Queens Avenue, Clifton, Bristol, BS8 1SB

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Notes

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Disclaimer - Property reference 3451420-fh. 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, Bristol. 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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