Well-presented Games & Sports Bar (120+) Comfortable versatile Lounge Bar (100+) Central Bar Servery to both
Same family hands 12 years enjoying a remarkable life style
Secure family garden (40+) Adult focused patio (20+) Parking (30)
Owners 3 double bedrooms Inc. roof top patio
Fully renewable & protected 30year lease just part tied £100 Brl Discounts – 5% Rent
LOCATION (NN15 6QR)
Barton Seagrave is a village and civil parish in the Kettering borough of Northamptonshire, England and noted within The Domesday Book records. The village is a suburb of Kettering and about 1.5 miles south-east of the town centre. Barton Seagrave has its own Parish Council and forms the Barton ward of Kettering Borough Council. There are local shops, a local pub, schools and historic buildings in the village. The population of the village is around 4,100.
The Village enjoys a very rural location, surrounded by the Wicksteed estate to the west and farm land, woods and spinneys elsewhere. Recent planning permission for new homes by Redrow have been approved and there is a longer term plan to build a large new housing and facilities development - called Kettering East for 13,000 new residential homes - to the north and east of the village. The business is located on Woodlands Avenue to the heart of the village.
The property was constructed in the 1960s of brick under a mix of roofs lines. Though of this period the Pub has a strong kerbside appeal looking friendly & welcoming and obviously well looked after. There is a popular GAMES & SPORTS BAR (120+) with 5 flat screen TVs providing sporting coverage through SKY & BT SPORTS. Pub games played include Bar Football, Pool (2 tables with own keys, Darts. & Skittles. A large raised area with fixed seating, pews & loose chairs to polished wood tables set on a stripped wood floor, a “planters fan” is set high into the ceiling. Drapes are fitted to the windows. CENTRAL BAR SERVERY serves both trading areas and has an impressive range of REAL ALE & BRIGHT BEER pumps and an excellent back fitting for merchandising. LOUNGE BAR (100+) also used for functions, is fully carpeted with a smaller raised area, furnishings are by way of a mix of fixed seating & padded chairs to polished tables, round, square & oblong. Drapes are fitted to the windows.
Facilities Inc. LADIES & GENTS located centrally to both areas and are of a high quality. CATERING KITCHEN is to a high spec with a non-slip floor & fitted extraction.
The owner’s family home comprises of 3 double bedrooms, generous lounge, fitted kitchen &modern bathroom. The owners also have a private roof patio.
A “GEM” in an already brimming CROWN is its external areas which include a Family Play garden with bouncy castle (40+) with access from the Games Bar & has its own Flat Screen TV and smoking solution. To the front there is a benched patio (20+) with “adult focus”. Hard parking for 30 vehicles. The business also benefits from a bus stop adjacent.
The business trades 4pm till12 midnight Mon-Thurs with 3pm till 1am Friday then Saturday 12 noon till 1am and Sunday 12 noon till 11.30pm. Permitted hours are 11am – Midnight 1am Fri & Sat with 12noon till 11.30pm Sunday. A Personal License will be required (our associate company can assist in this).
The business is held on an assignable Unique (Now Enterprise Inns) lease of 30 years from 1995 and has LANDLORD & TENANT ACT PROTECTION there for FULLY RENEWABLE at no further premium and under no less favourable terms at its end – subject to L&T Act conditions. Rent set for a further 4 years at £28,350 p.a. (5% rent to sales) The lease is just part tied and attracts a generous £100 per barrel discount from barrel #1.
Mains Sewage, Electric, Water and Gas are connected with Central Heating by Gas. Business rates payable are £17,295 pa.
This opportunity has arisen due to the pending retirement of our clients from the trade. Robust trading accounts of Sales £640,611 Inc. VAT for Y/E 03/15 with a GP of 55.5%. Recon Net Profits (after personal expenses, depreciation etc.) run to an incredible £130,129 for the year after paying all expenses Inc. rent & rates and living free out of the business. The business runs on restricted hours with a low food provision and a new energetic owner could see an improvement on these already superb numbers. Development of further activates would also act to increase trade which include pub games teams, Jazz nights & Beer Club.
WE ADVISE YOU TO SERIOUSLY CONSIDER THIS BUSINESS AS A CLASSIC COMMUNITY LOCALS PUB WITH SUBSTANTAIL SUSTAINABLE PROFITS OFFERING A HIGH RETURN & GREAT LIFE STYLE.
Accounts information will be made available to interested parties after viewing.
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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