Sales of £240,000 p.a. currently mostly wet with great food & B&B potential
Lounge bar with woodland views (60+) Snug with pub games (24+) Separate Function Room (100) 5 B&B guest rooms Dining room (40c)
Well presented throughout with good kitchen facilities
Scope to develop further income by offering daily food and tourism focus
Popular patio (100+) with BBQ – Parking (25)
3 private owners’ rooms
LOCATION (DY12 1AG)
Bewdley is a town and civil parish in the Wyre Forest District of Worcestershire, along the Severn Valley a few miles to the west of Kidderminster. It lies on the River Severn, with a population of circa10,000. Once described as “the most perfect small Georgian town in Worcestershire”, situated on the banks of the River Severn and on the edge of the ancient Wyre Forest, Bewdley offers much to delight its residents and visitors being a magnet for “trippers” from The City of Birmingham (21 miles) and the greater West Midlands. Home to one of the country's largest inland river regattas, the town has always been an important river crossing. The first Bewdley Bridge was constructed in 1447 and the iconic arched stone bridge built by Thomas Telford in 1798 which still spans the river today, is testament to its industrial heritage.
The property dates back approx 550 years as a former coaching inn of renown and has a prominent locale on Kidderminster Road as you enter the town well above the flood line of the River. With the age of the property, it has retained its quirkiness throughout its public areas which include a beamed LOUNGE BAR (60+) with views of the Severn Valley Steam Railway as the trains chug along through the woodlands which surround the Hotel. SNUG BAR (24+) provides traditional Pub Games for the locals including Darts, Crib & Dominoes. DINNING ROOM (40c) is well presented and suited for a range of food offerings. CATERING KITCHEN is well equipped including a walk in refrigeration A FUNCTION ROOM (100) is located in an adjacent barn which once formed part of the stabling. BEER CELLARAGE is below ground. CLOAKROOM FACILITES are well presented.
5 rooms with facilities are available as B&B which is popular for fishermen and commercial use, having been recently renovated there is immense potential to build upon tourism to the area.
Currently a further 3 rooms are used by the family operators and could be adapted as further B&B with owners apartment above the function room ( stables).
There is hard surface parking for 25 vehicles, and a most attractive patio (100+) which during summer months is used as a Sunday BBQ. The vista from the patio resembles of the Dordogne region of France.
We are advised that the business has a Premises licence which allows the provision of alcohol from 8am till 1am all week. There is plenty of currently unused trading hours which could be used within the business. A Personal License will be required and our training associates can assist with this for you.
We are instructed to offer the property and business as an ASSIGNMENT of a 15 year lease from Enterprise Inns with a rent of £24,000 p.a. The lease is protected under the landlord & Tenant Act and is renewable in 2019 at no further cost and under no less favourable terms. The business is only tied for Draught beers & cider.
We are advised that the pub benefits from all mains connected with gas central heating. Business rates payable are £4,880 p.a.
Our client has owned the business for around 2 years and is only offing it for assignment due to ill-health. We understand that records of sales will show a current level of circa £240,000 inc vat. The revenue from the B&B and food sales have yet to be shown however after a major investment by our clients during the past period , under a new ownership this should present a robust return on investment. As described, “a busy business waiting to get busy”!
ESPECIALLY FOR CLIENTS WISHING TO ADD VALUE TO A BUSINESS BY INTRODUCING AN APPROPRIATE FOOD OFFERING AND EXPLOITING THE B&B OPPORTUNITY THIS SHOULD SERIUOSLY BE CONCIDERED.
Accounts information will be made available to interested parties after viewing.
Our finance associates will be pleased to advise and assist in the purchase of this outstanding business.
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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