Annual Turnover £240,000 / GP 72%
8 En-suite Guest Rooms (Potential For 9)
Private Car Park + Large garage
Superb Separate 2 bed Freehold Apartment Nearby
EPC – Not Required
This well established leasehold Hotel, Pub and Restaurant enjoys considerable commercial and private advantages of a great trading position with excellent access to all major road and motorway links (A46, A452, A4177 and M40 junction 15) in the heart of the prosperous and historic city of Warwick.
Operating from a detached character premises, the business has a prominent position within the community due to 450 year history and provides extremely well presented traditional licensed bar facilities and is locally renowned for offering a full and varied menu of classic English pub meals, Italian dishes, snacks and Sunday lunches.
All food is prepared freshly to order in its own kitchen using the finest, locally-sourced produce and is served in its two attractively furnished and appointed interconnecting bars and dining areas which combine to cater for in access of fifty covers in style and comfort and is a popular venue for all manner of private functions.
“The Kings Head Inn” also provides a high standard of traditional bed, breakfast and optional evening meal hotel accommodation in its eight en-suite guest rooms and would furnish any enthusiastic purchaser with ample scope for continued growth through extended bar hours in order to fully exploit year-round local demand and there is also the option to increase to 9 guest rooms by converting the use of one of the private bedrooms.
The business also benefits from its e-commerce website developed during the course of the sixteen successful years’ of trading in the hands of the current proprietor, with the aid of a small, experienced team of one full-time and three part-time assistants who are a great asset to the business.Fixtures:
Full inventory will be provided on request.
TUE:11:00 - 23:00
WED: 11:00 - 23:00
THU: 11:00 - 23:00
FRI: 11:00 - 23:00
SAT: 11:00 - 23:00
SUN: 11:00 - 23:00
The property is a three-storey detached character premises providing extremely well presented bars, dining areas and guest accommodation with WiFi internet access throughout.
The ground floor comprises of two spacious interconnecting public lounge bar areas with an open fireplace, large wall-mounted TV screen for live televised sporting events well-furnished and presented throughout, which combine to accommodate in excess of 50 covers for dining and features a fully fitted and centralised licensed bar/servery with full range of optics, draught pumps, chilled bottle display cabinets, bottle and glass display and storage shelving and electronic till point etc.
To the rear of the main public areas there is easy access through to a fully fitted and extensively equipped commercial kitchen with extraction system, ample stainless-steel work surfaces, storage units, a fully equipped preparation/washing-up kitchen area and a full range of modern catering appliances.
The ground-floor of the premises also includes separate male and female washrooms/WC facilities for customers. There is also a good-sized general dry goods store with descending staircase access down to a fully fitted and equipped beer cellar and bottle store at basement level with refrigerated barrel storeroom and separate delivery access.
The first floor of the property provides a high standard of attractively furnished and presented hotel guest accommodation which comprises:-
2 x double rooms with fully fitted private en-suite facilities
2 x twin-bedded rooms with fully fitted private en-suite facilities
1 x family-sized room with fully fitted private en-suite facilities
Further excellent hotel guest accommodation to the second floor comprises:-
1 x double room with fully fitted private en-suite facilities
1 x twin-bedded room with fully fitted private en-suite facilities
1 x 4-Poster bedroom with corner bath and fully fitted private en-suite facilities
All the guest rooms additionally boast remote-control colour TV and the usual complimentary hospitality facilities. All guest bathrooms have been completely and recently refurbished
Externally the property also incorporates grounds to the rear which include a large private car park which accommodates up to 12 vehicles, in addition to a well maintained and furnished beer garden area and a useful private service yard with separate access for deliveries and outbuildings consisting of a private garage.
Also included in the sale is a fully furnished and tastefully decorated two bedroom freehold apartment.
The first floor apartment is situated within very easy walking distance (50 metres) of the pub in a three storey internally modernised character building which is also a short distance from the town centre.
The apartment comprises of an entrance hall from a shared stair well with a secure front door at its base. To the left of the apartment’s entrance a good sized open hallway leads to a fully fitted and furnished kitchen/diner and lounge. On returning to the hallway and now located on the left is bathroom which comprises of a bath/shower, toilet and hand wash basin. At the end of the hallway with windows with uninterrupted views from the back of the building are two bedrooms, one a double with built in wardrobe and the second a twin.
The apartment comes fully furnished (see inventory below) and is in a very good state of decoration which will include newly fitted oak flooring in the kitchen/diner, lounge and hall. The property benefits from electrical central heating (we understand that gas can also be easily installed as one other flat has recently had this done) and double glazed windows. There is no annual ground rent payable and as recently as three months ago the roof was completely retiled.
Kitchen: Washer/Tumble Dryer, Fridge Freezer, Dish Washer, Microwave, Standard Oven and Halogen Hob.
Diner and Lounge: 1 x 2 piece suite (with a 3 seater sofa), 2 x Coffee Tables, a Flat Screen TV, Wall Mirror and Lamp.
Bedrooms: 1 x Double Bed, 2 x Single Beds, 3 x Side units, a Dresser, Built-in Wardrobe, 1 x free standing Wardrobe and Wall Mirrors. There is also another wall mirror situated in the hall way.
Location Details: Warwick
Leasehold Term: Rent: £577
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