Pubs for sale in Bridgwater

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Imran Ahmed (Nov 2014)
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Leasehold Price: £40,000
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Business Description
• Two Bars
• Good sized customer patio style beer garden
• Well maintained throughout
• Excellent turnover and profits
• Spacious 3 bedroom owners accommodation
Falcon Commercial is delighted to offer for sale this popular well-presented Public House which benefits from spacious owners accommodation as well as good sized beer garden, court yard and Skittle Alley. It has been under the proud ownership of our clients since 2014 during which time the business has seen considerable growth. It is now reluctantly being placed on the market to allow our clients to concentrate on their other business interests outside of the trade. During their stewardship the business has built up an excellent reputation for its welcoming atmosphere.
Operating from substantial detached landmark premises of real charm and character, the business is predominantly wet led but has enormous potential to do food.
This thriving Public House has an extremely good regular trade as it is the focal point of the local community which is reflected by the fact that 2 carnival clubs meet at it as well as 5 skittles teams, 4 football teams and 2 pool teams
The Bunch of Grapes is run by our clients with help from a dedicated team of staff. The business generates an excellent turnover in the region of £185,000 per year and enjoys consistently high gross profit margins. This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended.
The Premises
This substantial character landmark premises occupies an outstanding highly visible trading position in the centre of this popular Somerset town and provides excellent internal and external business accommodation. The extensive first floor accommodation has 3 bedrooms and the benefit of its own private kitchen.

The well-presented and equipped accommodation briefly comprises:

Ground Floor
• Main Bar which benefits from a wooden faced servery with several points of dispense. There is a darts area, flat screen television, gaming machine, digital juke box, and feature fire place.
• Rear Bar with wooden servery with wooden servery which has several points of dispense. There is a pool table and ceiling mounted projector. Doors leading to enclosed courtyard beer garden
• Kitchen with extraction
• Ladies Toilets
• Gentlemen’s Toilets

First floor Owners accommodation
• Lounge
• Kitchen
• Double Bedroom
• Double Bedroom
• Double Bedroom
• Bathroom

External
• Well maintained and furnished patio-style public beer garden area to the rear
• Covered smoking shelter
• Skittle Alley
• Store room
• Cellar
Opening Hours
• Monday – Thursday 6.00pm - Midnight
• Friday 3.00pm - Midnight
• Saturday 11.00am – Midnight
• Sunday Midday – 11.00pm

Stock - The business stock value is approximately £4,000.

Staff – the business is run by part time staff

Tenure - Leasehold. There are 17 years remaining on a 20-year lease. The current rent payable is £22,000 per year.

Turnover
£185,000 Per year

Accounts
Accounts will be provided to genuine purchasers after a formal viewing

Business Rates
Current Business Rates payable £2,400 per year
Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website www.voa.gov.uk

Legal Costs
Each party to bear their own legal costs incurred in the transaction

Planning
For further information, you should make your own enquiries to Sedgemoor District Council, Bridgwater House, King Square Bridgewater TA6 3AR

EPC Rating - EPC Rating: E

Viewing
Strictly by appointment with the vendor's agents, Falcon Commercial, 1 Miltons Yard Axminster EX13 5FE on 01297 598080

Location
Bustling Bridgwater is a busy market town set in the heart of Somerset's vastly contrasting but equally beautiful countryside. The town lies in the valley of the fiercely tidal River Parrett at the foot of the Quantocks, with the Somerset levels and the Mendip Hills stretched out before it.
Bridgwater is famous for its carnival which is the largest illuminated carnival in Europe.
Bridgwater enjoys excellent links as it adjacent to the M5 motorway.
Tenure: Leasehold

Location Details:

Bunch of Grapes
24 St Johns Street
Bridgwater, Somerset
TA6 5HS

Leasehold Term:

There are 17 years remaining on a 20-year lease. The current rent payable is £22,000 per year.

Listed by: Falcon Commercial
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