Hilton Smythe welcomes to the market Brasenose Arms. This pub has been established in this location for over 300 years. Our clients first took over the pub in 2014 but are now looking to sell the business due to the desire to relocate.
The business boasts a large traditional pub with restaurant and letting rooms. The pub offers a range of fine ales and the restaurant sells high quality fayre. The restaurant caters for all tastes offering a traditional menu with vegetarian options, children’s menus, gluten free products and dairy free dietary requirements. To the rear of the property is a barn which has been converted into letting accommodation this can hold 10 guests.
The business generates a healthy turnover of around £460,000 per annum. This is a fantastic turnover that could be increased. There are several ways in which the new owner could look to boost turnover. One way would be to maximise the use of social media, there is an existing excellent social media presence. Social media sites such as Facebook and Twitter are cost effective ways of advertising a business.
Included in the sale is a large ½ acre beer garden. There is potential to utilise this space. The purchaser could look at the possibility of using this garden space for camping during the warmer summer months. This would also be a great service during the festival in August.
The premise would also make a perfect wedding venue and this should be promoted at local wedding fairs. The accommodation compliments this service well.
The letting rooms have been completed to a very high standard. There are two family rooms and four double rooms. These rooms are available to book on the business website. www.brasenosearms.com The site is easy to use and allows for secure online booking.
The website is well designed and hosts large amounts of information. There is also information about the Brazenbean Micro Roastery that is available to the purchaser if required. The pub has a separate building from where they roast coffee beans this is a separate business that is included. They offer the coffee in the pub, and also sell the beans in bags to take home.
This is an exceptional multi-facet business that has huge potential. The pub sees high amounts of repeat loyal trade from the locals and there is little competition around. The sale includes owner’s accommodation which is situated on the first floor of the property. This would be an excellent opportunity for a purchaser with a family looking to relocate.
This is a turnkey pub that is well priced. Hilton Smythe highly advise early viewing to take in the full potential of this well-established village business.
Brasenose Arms is located in Cropredy, Banbury, Oxfordshire.
Centrally situated in the picturesque village of Cropredy, the business boasts a prominent trading position. The village is situated amongst rolling fields and countryside. This is a peaceful town with a great community feel, there are many clubs and societies for villagers to take part in. This location is great for someone looking for a change of lifestyle, from the hustle and bustle of city life.
The Oxford canal is nearby, this is now used for leisure and attracts many tourists such as walkers. The village has only two pub’s including this one, allowing for a mass amount of trade in the hot summer months from the many tourists. The village is also home to the world famous Fairport Convention, a 3 day music festival held in August which has been running since 1974. The area receives around 20,000 festival goers; great for trade.
The pub is situated 4 miles north of Banbury. Cropredy lies upon the West Bank of the river Cherwel. The area is not too far from the M40 motorway which runs from the centre of London over to Birmingham. The village is approximately just an hour’s drive away from Birmingham and London is an easy commute using the public transport. The closest train station is located in Banbury. The 277 bus runs twice a day to Banbury.
A 17th century rural inn, originally 3 cottages it was converted to a public house in the 17th century. The property is well-presented and looks highly welcoming. The pub is well-signed and is complete with flowers, plants and hanging baskets.
With tiled floor, windows to side with feature beams within the walls. Around is perimeter shelving and freestanding bookcases. Doors to WCs and to the cellar.
A beautiful traditional bar, generously proportioned with heaps of character and period features. Windows to the front, beamed ceilings, feature fire place with wood burner, flagged floor, and feature exposed stone wall with feature inset fireplace with electric wood burner type stove. Built in window seating.
Bespoke L-shaped bar with timber worktop, 2 glass fronted drinks chillers, Fragna Coffee machine, glass wash machine, Belfast sink, epos till which is linked to the kitchen, wine fridge, wine rack and comprehensive display of wines and spirits and optics.
A lovely inviting room, full of period details, flagged and wooden floor and beamed ceilings, tongue and groove wood panelling to dado height, bespoke counter area with mirror and perimeter shelving. Windows to the front creating a light airy interior, timber balustrading, spotlighting and mood lighting. A minimum of 30 covers.
A generous commercial kitchen equipped to the highest standard, tiled splash backs, generous worktop space and perimeter shelving.
Stainless steel urn, coffee machine, stainless steel double sink and drainer with cupboards beneath, full extraction system, 3 industrial fryers, griddle, six burner with double catering oven, stainless steel preparation tables, Comenda dish washer, tiled floor, stainless steel fridges, hanging utensil storage.
Dry Goods/Freezer Room
Generous sized room again comprehensively equipped with large catering fridges, 4 larder type fridges, 1 upright freezer, 4 commercial microwave ovens, 4 slot toaster, perimeter shelving, freestanding vegetable storage, panini maker, generous of worktop with hand wash basin, door to rear
There is a good sized owner’s accommodation to the first floor and across the second. Comprising of an office, lounge, store room, family bathroom, three bedrooms and a kitchen.
A generous room with beamed ceiling, window to front, pendant lighting, feature cast iron fireplace, dado rail.
Dual aspect, beamed ceiling and feature roof lights.
A large room currently used for storage but with the potential to be used as a further bedroom, window to front, perimeter shelving and wooden floors.
With painted stone feature walks, white sanitary ware with a double shower cubicle with electric shower.
Generous double with window to side and period features, beamed ceiling, window seat, picture rail.
Good sized double with window to side, wall mounted TV.
Currently more used as a workshop and to house the coffee roasting side of the business's with stainless steel sink and drainer and a range of base and wall units.
Accessed by a staircase from the first floor a private attic bedroom, generously proportioned with beamed ceilings, window to front and TV point.
There is a block brick built accommodation to the rear of the pub in which was once stables/workshops. This is arranged over two storeys and comprises of four generous rooms with en-suite. Two standard sized family doubles again both with en-suite shower rooms.
The external parts of this business are a particular feature, there is a large gravelled carpark to the front and side with flower beds and a lawned area with herbaceous borders and established plants/shrubs.
To the rear is a large garden mainly laid to lawn and approximately half an acre in size. There is a fenced off area with a number of timber storage sheds. There is a fully fitted brick built events bar with covered seating area and a further brick built bar which again is fully fitted, there is a carport which could comfortably house three cars.
We are advised the business is being sold as a leasehold opportunity.
Original lease length: 21 years
Remaining lease length: 7 years as of 2016.
Rent: £3,000 per month
The business is opening hours-
Monday – Thursday: 12pm – 11pm
Friday - Sunday: 12pm – 12am
The business is run and managed by our clients with the help of 3 part time and casual members of staff. The staff are looking to stay on for the new owner.
The business generates a turnover in the region of £460,000 per annum.
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