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Attractive and spacious detached PUBLIC HOUSE.
Tied to a brewery for bee
Price:
Leasehold - £170,000
Nationwide are pleased to offer to the market : Large site area with attractive Beer Garden plus gravelled Car Park for 60/70 cars.
Spacious Bar with wood strip floor, partly carpeted, ceiling lighting. Tables, chairs, settees plus 5 bar stools providing seating for approx. 70 persons plus ample standing. 2 attractive open fireplaces. Long bar with wooden front and wooden servery, approx. 20 handpumps, 1 single door and 3 double door glass-fronted counter fridges, 3 computerised tills (on leasing agreement - to be taken oven), 2 sinks, glass washer, optics, coffee machine.
Large extension at rear (approx. 3 years old) with vaulted ceiling. Tables and chairs providing seating for 40 persons, stage, pool table (on rental). Bar with 8 handpumps, glass washer, optics, 1 double door counter fridge, sink, etc.
Ladies' & gentlemen's cloakrooms, each with w.c. and wash hand basin.
Disabled cloakroom with w.c. and wash hand basin.
Additional ladies' cloakroom with 2 w.c.'s, wash basin plus additional gentlemen's cloakroom with urinal, w.c. and wash hand basin.
Large commercial Kitchen with industrial non-slip floor, stainless steel extractor, stainless steel walls, 2 6-burner gas cookers, charcoal grill, additional grill, single deep fryer, stainless steel tables, walk in coldroom, walk in deep freeze, etc.
Small Office.
Bottle Store.
Ground floor Beer Cellar.
WE ARE INFORMED the turnover is in the region of £15,000 p.w. (including fruit machines profit). We are advised that the split of turnover is in the region of 85% wet sales with the balance in respect of catering. We understand the present owner intends shortly to introduce a carvery, which should assist in the catering turnover. We are further advised that the minimum winter turnover is in the region of £11,000 p.w. increasing to a maximum in the region of £16,000 p.w. during the summer months.
WE UNDERSTAND the premises are held on a secure renewable lease from a brewery, the present lease having approx. 19 years unexpired, at a rental of £80,000 p.a. plus VAT, exclusive of rates, up to 2011, under review at present, with rent reviews every 5 years.
Uniform business rates: £40,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATED.
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS in the region of £170,000 plus STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Excellent main road trading position, sought after town, HAMPSHIRE LOCALITY.
The spacious living accommodation, with full gas fired central heating, comprises:
First floor -
Large lounge.
Large double bedroom with en suite shower room with shower, w.c., and wash hand basin.
Additional shower room with shower, w.c. and wash hand basin.
Laundry room.
Second floor -
1 double bedroom plus 1 large single bedroom.
Large Beer Garden to the front and side of the property with tables and bench seating for approx. 80-100 persons.
Children's Play Area.
Large gravelled rear Car Park with parking for 50/60 cars.
UK Non-Specific
£ 800,000
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Business Services that may be of Interest:
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