Hilton Smythe is delighted to welcome to the market this well-established and very popular public house, which is ideally located within the quaint town of Henley-in-Arden, Warwickshire.
The business was originally established in the 1870s and has been in our client’s careful ownership since 2009. Only now is the business being offered to the market due to our client’s desire for a well-deserved retirement. The business operates 7 days per week and according to the 2015 accounts, generates a turnover in the region of £460,500 per annum, with a good gross profit.
Our client offers a traditional English public house, serving excellent value for money bar meals, which can be enjoyed in a warm and friendly atmosphere. A good selection of beers and cask ales are also available, which includes guest ales that are rotated on a regular basis, as well as famous make beers, lagers, ciders, bottles beers and soft drinks.
There is a separate bar area, which can be used for birthdays, funeral wakes, meetings or any other event and can accommodate between 30-40 people. To the rear of the property is a riverside patio area, which is very popular in the summer months and offers views over the beautiful Warwickshire countryside.
The first floor of the property offers spacious 4 bedroom owners’ accommodation, which includes a spacious lounge, a good size dining kitchen, 4 very generous double bedrooms and a family bathroom. The property boasts approximately 517 sq. metres, is very well maintained and decorated to a very high standard.
The business has built up an enviable reputation within the area for the high quality of the food and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by extending the opening hours. A new owner could also embark on a modest marketing campaign to highlight the excellent food and services offered. The business already has a very informative website in place to promote the business at www.blackswanhenley.co.uk, as well as being having a page on the very popular social website Facebook.
This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already thriving and very popular business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.
The Black swan occupies substantial two storey premises, ideally located within the small town of Henley-in-Arden in Warwickshire. The business is located on the very busy High Street, which is a conservation area, and is surrounded by a mix of complementary businesses and residential properties. The public house benefits from on-street car parking facilities to the front of the premises.
Henley-in-Arden is very well known for its variety of historic buildings, some of which date back to medieval times and wide variety of preserved architectural styles. The town is a friendly community of approximately 3,000 inhabitants and is surrounded by magnificent Warwickshire countryside. Henley can trace its history back almost 1,000 years.
The area of the business is well served by the public transport system, with a bus stop directly outside the premises. Henley-in-Arden railway station is less than 10 minutes’ walk away. The area is also well served by the A-roads, with the pub being located on the A3400, which links to the national A-road and motorway networks. Redditch is approximately 9½ miles away and Stratford-upon-Avon is 9 miles away.
Substantial two storey premises in an ideal trading location on a busy high street, briefly comprising:
A generous sized bar with alcoves.
Bay windows, creating a light, airy and inviting interior.
Seating/dining areas for approximately 50 covers, with potential for more.
Beautiful wood panelling to the walls.
2 x feature fireplaces with wood burning stoves and herringbone brickwork.
2 x wall mounted TVs.
Attractive bespoke bar with 12 x points of dispense, impressive range of optics, 2 x double glass fronted drink chiller units, glass fronted wine chiller unit, EPOS cash register and spot lighting.
Commercial kitchen with:
Full extraction system.
Commercial double deep fat fryer.
4 x ring electric cooker.
Turbofan industrial oven.
Glass fronted double chiller unit.
Wall mounted Intergas boiler.
Stainless steel sink and drainer.
Door to rear car park.
Side/locals bar with:
Bay window to front.
Beamed ceiling and exposed timber walls.
Dart board and spotlighting.
Pillar mounter TV.
This is a useful room for private functions.
First floor owners’ accommodation:
Currently used as a store room, but has been used as a further function room/skittle alley with high ceilings, duel aspect, laminate wood flooring, large walk-in chiller, large walk-in freezer (currently rented from a local company for £275 per month) and perimeter shelving.
Walk-in cupboard with high ceiling and perimeter shelving, which is currently used for storage and as a staff changing area.
Kitchen/dining area with a range of wall and base units, stainless steel sink and drainer, space for cooker, washing machine and refrigerator.
Lounge area with window to front, beamed ceiling and access to roof space.
4 x generous sized double bedrooms.
Family bathroom, recently refitted with white suite, vanity unit, WC, bath with glass shower screen and shower above.
Large car park to rear.
Rear patio and lawned area, ideal for al fresco dining.
We are advised Leasehold:
Original lease length: 10 years
Remaining lease length: 6 years, as of May 2016
Review every: 5 years
Rent: £38,000 per annum
The business is open:
Monday – Thursday: 12.00pm – 11.00pm
Friday – Saturday: 11.00am – 12.00am
Sunday: 11.00am – 10.30pm
The business is owner run and managed with 2 x full time and 8 x part time staff members.
According to the 2015 accounts, the business generates a turnover in the region of £460,500 per annum.
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