Public House With Letting Rooms in Oxfordshire
Price:
Leasehold - £134,950
Location:
Oxon , Long Wittenham, Abingdon
Business Type:
Hotels, Pubs
Preferred Commercial is delighted to offer for sale this traditional public house with letting rooms and restaurant facilities, which has been in our clients' careful hands since 1992 and which is only now offered to the market due to our clients' wish to retire. The business is run at a pace to suit our clients and trades all year round generating a turnover in the region of £312,000 per annum with a gross profit of 60%. The pub has a 65%/35% wet/dry split and is free of tie. Our clients offer a wide selection of alcohol and serve a traditional pub menu. There are also 3-letting rooms, which are not currently utilised. The turnover could be increased by introducing a website with online booking facilities and letting the rooms. The business has an excellent reputation and is renowned for its community spirit. The pub has 3 darts teams, a cribbage team and an Aunt Sally team. The business also hosts a folk night once a week and an annual music festival. The premises boast 4-bedroom owners' accommodation with lounge and bathroom. There is also a spacious restaurant with seating for up to 28 and a commercial kitchen. We feel this is an ideal opportunity to acquire a traditional public house with 4-bedroom owners' accommodation and scope to develop further. Early negotiations with Preferred Commercial must come highly recommended.
The Plough Inn occupies substantial Grade II listed premises, ideally located in a prominent trading position in the village of Long Wittenham, Oxfordshire. The premises benefit from ample private parking and are close to the local amenities. Long Wittenham is a rural village situated on the banks of the River Thames and is surrounded by picturesque countryside. There are mooring points on the river and a large campsite to the rear of the premises. There are a number of bus stops within easy walking distance and the railway station is just a short drive away. The business boasts easy access to the A415 and A4130, and the M40 is approximately 10 miles away. Didcot is less than 4 miles away and Oxford lies 9 miles to the north.
Leasehold
Original length: 20 years
Remaining: 18 years
Review: every 5 years
Rent: £30,000 per annum
Mon - Sun: 12:00pm to 12:00am
• Bar area with exposed beams, feature inglenook fireplace, wood burner, bar with 3 points of dispense, wine dispensary, optics display, electronic cash register and fixed perimeter seating
• Games room
• Beer cellar
• Restaurant
• Commercial kitchen
• Second bar
• Owners' lounge
• Ladies WC
First Floor
• Room 1: family room
• Room 2: family room
• Room 3: single bedroom
• Bathroom shared by letting rooms
Owners' accommodation accessed via separate stairway
• 2 x double bedrooms
• Bathroom
Second Floor
• 2 x Double bedrooms
• Loft access
External
• Gents WC
• Store room
• Beer garden
• Camping area
• 3 x storage sheds
• Aunt Sally pitch
North Yorkshire
£ 750,000
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