7 bedroom pub for saleSURREY
AN IMPOSING AND HIGHLY POPULAR BAR AND RESTAURANT WITH 6 LETTING BEDROOMS AVAILABLE FOR THE 1st TIME IN 11 YEARS, SITUATED IN THE AFFLUENT AND SOUGHT AFTER TOWN OF EGHAM, SURREY
Substantial and busy Bar and Restaurant situated in the prime Surrey location of Egham.
Welcoming Public Bar (circa 10+), Snug (circa 15+) and 2 delightful Restaurant Areas (circa 40+ covers in total).
Well-equipped Commercial Catering Kitchen.
6 Self-Contained Letting Bedrooms.
2 Bedroomed Owner's Accommodation.
Decked Beer Garden (circa 60+).
Advised current turnover circa £180,000 (incl. VAT).
Trade derived from approximately 25% wet sales, 25% food sales and 50% accommodation. Undoubted potential for catering orientated operators.
Long Lease - circa 16 years remaining on Enterprise Inns partially tied renewable lease.
AN EXTREMELY RARE OPPORTUNITY TO PURCHASE A WELL ESTABLISHED BUSINESS AND HOME OFFERING TREMENDOUS GROWTH POTENTIAL FOR A HANDS-ON PARTNERSHIP
This outstanding business can be easily reached from junction 13 of the M25 circular. Situated within the commuter belt being approximately ONLY 20 miles from the capital City of London and also having excellent road communications providing easy access to the M3, M23, M4, M40 and M1 motorways making this superb location an extremely popular commuter area for the major motorways and the major international airports of Heathrow, Gatwick and Luton.
This superb bar/restaurant draws an excellent level of local trade from Egham itself which is further enhanced by its first class reputation for first class food and customer service that attracts trade from a desirable clientele emanating from the nearby surrounding towns, villages and larger catchment areas that culminate in providing a continuous and consistent flow of repeat trade and is well serviced by local schools, shops and amenities. An enviable place to reside offering a compelling business opportunity.
This highly desirable bar and restaurant occupies an excellent trading position.
Main entrance at the front leading into the Public Bar (circa 10+) is a welcoming room having a feature central return bar servery with a solid polished counter and glass gantry above. There is a range of solid polished tables and chairs. The room also has a lovely solid oak floor. Access to both Restaurant Areas.
Restaurant Area 1 (circa 20+ covers) is a lovely bright and airy room that exudes a relaxing and inviting atmosphere, having a feature return bar servery with a solid polished counter and a mirrored back fitting with shelving and refrigerated bottle coolers (not tested). The room is well furnished with a good range of solid polished tables, chairs and upholstered perimeter seating. Adding to the charm of this room is the feature fireplace with an inset log burner effect electric fire and the solid oak floor. Access to the Snug.
Snug (circa 15+) is a cosy room furnished with solid polished tables, chairs and upholstered perimeter seating.
Restaurant Area 2 (circa 20+ covers) is a versatile and multi-functional room and is furnished with a good range of solid polished tables, chairs and upholstered perimeter seating. The room also has a solid oak floor and panelled walls.
Catering facilities include a well-equipped Commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested). There is also a wash-up room
Lower Ground Floor Cellar with dray drop, pumps, python and cooler.
Ladies and Gents W.C.'s.
There are 6 self-contained letting units with en-suite and kitchen facilities.
Situated on the 1st floor and briefly comprises: 2 bedrooms, lounge, kitchen and bathroom.
There is an enclosed and covered decked Beer Garden (circa 60+) at the rear with timber picnic benched and timber seating. There is also a driveway providing parking for circa 3/4 cars.
TRADING & LICENSING
We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:
Sunday - Thursday - 11.00am - Midnight
Friday & Saturday - 11.00am - 01.00am
The current opening hours are as follows:
Monday - Closed
Sunday & Tuesday - 5.00pm - 11.00pm
Wednesday & Thursday - Midday - 2.30pm & 5.00pm - 11.00pm
Friday & Saturday - Midday - 2.30pm & 5.00pm - Midnight
NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House.
The business is offered for sale as a lease assignment with approximately 16 years remaining of the Enterprise Inns full repairing and insuring, renewable agreement. We are advised that the inn is partially tied to draught beers ONLY. We are informed that the rent is currently £40,000 per annum. We are advised that at the end of the term, the Lease (not seen by Guy Simmonds) should be renewable with no further premium - subject to the provision of the Landlord & Tenant Act 1954. We are advised that the inn benefits from all mains services (no services seen or tested). Business rates payable are advised as currently being circa £TBC per annum.
Our vendor client operates this excellent business on a 'hands-off' basis with the assistance of 3 full time and 4 part time/casual staff.
Trade is currently derived from circa 25% wet, 25% food and 50% lettings sales, thereby providing immense scope for a new 'full time' hands-on owner operator partnership with previous experience of running a food/lettings orientated operation enabling them to take this business to the next level by exploiting the tremendous food potential that is to be found here.
This is an extremely rare and outstanding opportunity for those seeking a lifestyle change or an alternative career from the stress and strife of the City or even as an additional income stream whilst commuting.
Advised current turnover is circa £180,000 (incl. VAT). This delightful bar/restaurant is a well-established and successful business and in our opinion with the above areas of potential we would quite easily expect a fully committed operator to achieve a turnover well in excess of £250,000 (incl. VAT).
Agents Note: There is NO accounting information available.
This business was viewed by Martin McConnell who would be delighted to discuss further details and can be contacted on 07970 213549. Viewing appointments must be made by contacting Guy Simmonds.
VIEWING: All appointments must be made through Guy Simmonds. Please note that these Sales Particulars are issued on the strict basis that all negotiations, viewings and contacts in connection with this business are conducted through Guy Simmonds who are appointed by the vendor to act under a Sole Selling Rights agreement with total confidentiality. Any breach of these terms may make you liable in law to litigation and damages. Under no circumstances must you approach the owner direct without a formal appointment or disclose to other customers and staff that the Premises are for sale.
FINANCE FOR PURCHASING A LICENSED PROPERTY: We are in constant touch with a leading finance broker who specialises in arranging Business Finance for Licensed Properties. Whether you are purchasing a Licensed Property through ourselves, or another agent, we will be pleased to contact on your behalf our specialist who can arrange the necessary Finance Package for you at preferential rates. Please telephone for free and no obligation advice with regards to financing a Business.
Guy Simmonds for themselves and for the vendors or lessors of this property and/or business whose agents they are give notice that:-
(I) These particulars are a general outline for the guidance of intending purchasers (or lessees) and do not constitute an offer or contract, nor any part of an offer or contract.
(II) All descriptions, dimensions, distances, maps/plans, references to condition, trading figures and other items in these particulars are given as a guide and no responsibility is assumed by Guy Simmonds for the accuracy of individual items. Intending purchasers (or lessees) should not rely on them as statements of representations of fact and should satisfy themselves as to the correctness of each item by making independent enquiries.
(III) Intending purchasers (or lessees) should make their own independent enquiries regarding the use of the property, necessary permissions for use and occupations, potential uses and any other matters affecting the property prior to purchase.
(IV) Guy Simmonds do not make or give whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to this property. No responsibility is taken by Guy Simmonds for any error, omission or mis-statement in these particulars. Guy Simmonds do not warrant the accuracy of any accountancy information supplied and purchasers are advised to take independent advice in order to satisfy themselves.
(V) Guy Simmonds are unable to give any warranty as to the working order of any apparatus, equipment, fittings or services associated with the premises and therefore, cannot verify they are in full working order. Purchasers are strongly advised to obtain specialist reports prior to exchange of contracts in order to satisfy themselves.
(VI) All statements and descriptions are made without responsibility or warranty by Guy Simmonds, the vendors or lessees. Neither do Guy Simmonds nor the vendors/lessees hold ourselves responsible for any expenses whatsoever incurred by applicants inspecting Businesses which may be sold or withdrawn, to include travelling, valuation/survey, legal fees etc.
(VII) No person in the employment of Guy Simmonds has any authority to make or give any representation or warranty whatever in relation to this property.
(VIII) It should not be assumed that the contents of any photographs are included in the sale.
(IX) All prices quoted are excluding stock at valuation.
Energy Performance Certificates (EPCs)
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