Family friendly throughout Lounge (40+) Bar with games (20+) Value carvery Dining(24c)
Safe picket fenced beer garden accommodating circa 150 & large car park (30) + benches to front.
Strong local community support - & eating 'drive to' trade from greater area.
Excellent 3 bed owner’s accommodation
Fully renewable & protected part tied lease of 15 years
LOCATION (DN20 8SL)
This Village Pub is located on Melton Road (A18) in WRAWBY to the edge of the Small Market Town of BRIG in the Lincolnshire Wolds, with a population of circa 6,000 which saw a Bronze Age settlement on the site. Its Economy is primarily based on the Retail & Service sectors along with historically an Agricultural sector with markets held Thursdays & Saturday throughout the year and further Festive Fairs. The market town & Village sit on the A18 close to the M180 & A15 with Humberside International Airport in close proximity. The Village is a highly desirable locale for families dating back to Danish Times & mentioned in the Domesday Book having a 13th Century Church.
Formally of the Stones Brewery Estate this is a Large detached roadside inn, white washed under pitched roofs with indications that it dates back several hundred years and is one of only two pubs in this quality village. Comprising of a spacious LOUNGE (40+) set out for dining and a comfortable LOCALS BAR (20+) complete with wood-burning fire and pool table then a separate DINING ROOM with S/S CARVERY. Tastefully decorated in village inn style. The central bar serves both the lounge and bar areas. Three real ales are available, one being a stock beer the other two being rotating guests often from Yorkshire breweries. Bar menu and carvery available lunchtime and evenings Tuesday to Saturday and lunchtimes on Sunday. The pub has a large beer garden situated at the rear. Facilities include Easy Access for Guests with a disability, Good LADIES & GENTS toilets. CATERING KITCHEN (5 Star EHO Rated) is well equipped with S/S units. BEER CELLAR is set deep & Chilled. “This business does precisely what it says on the tin”!
Above average cared for Owners Accommodation comprises of 3 Bedrooms (2 double & 1 single) comfortable lounge, Kitchen Bathroom with separate W/C.
The business benefits from a large car park (30) and large grassed garden (150+) completely surrounded by a secure picket style fence. A further 2 benches are located to the front elevation of the property
The business is licensed to supply alcohol 11am – 12 mid-night all week except Sunday 12noon till 10.30pm. Actual opening hours are - Closed Monday until 5.30pm through to closing then on 12 noon till Close the rest of the week. A Personal License will be required (our associate company can assist in this).
The business is held on an assignable (at no further premium) 15-year Punch Taverns lease from 2011 just Part Tied at a rent of £400 p/w. The lease has full protection under the Landlord & Tenant Act (54) therefore fully renewable at no further premium and under no less favourable conditions. Rent is paid weekly by DD and is not Index Linked. A deposit of £6,000 will be required by Punch.
All mains are connected with Central Heating by Gas. The Business rate payable are £3800 p.a.
The business has been owned by the present operators for a little over 1 year & have spent a lot of time & capital on improvements. Our clients have joined one of their relatives and intend to set up & run a much larger business enterprise. Early sales are developing to £214,000 p/a inc Vat split 60% Wet to 40% Dry and we would expect to see a healthy GP & Net Profits of circa 20% of Net Sales having benefited from Living out of the Business. Further focus on business development Accounts are available for a 7month period Sept 2015 to March 2016.
OUR ADVICE TO THOSE WHO ARE LOOKING TO RUN A SAFE & SECURE COUNTRY VILLAGE PUB WITH ABOVE AVERAGE HOME TO GIVE THIS EARLY CONCIDERATION
ACCOUNTS INFORMATION WILL BE MADE AVAILABLE TO INTERESTED PARTIES AFTER VIEWING.
To secure this business a deposit of £5,000 will give you exclusivity on this business giving you a lock-out agreement with no further viewings or marketing taking place.
Our panel of financial experts are here to help; call for referrals: 01530 414140
The Property was viewed by Graham Allman who will be delighted to discuss the opportunity with you 7 days a week on 07765 251 208.
Viewings appointments can be made via one of GA-SELECT Business Managers on 01530 41 41 40 who can also refer you to experienced solicitors, accountants, and other trade experts.
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