Thatched Public House/Restaurant For Sale

Price:

Leasehold - £200,000

Seller Ref:

H11328

Location:

Hampshire , Ringwood

Business Type:

Food Service Businesses, Pubs

See Other:

Restaurants for sale in Hampshire
Public houses for sale in Hampshire
Food service businesses for sale in Hampshire
Pubs for sale in Hampshire

Description:

THE BUSINESS:

LOCATION
Ringwood approx. 3 miles. Fordingbridge approx. 3½ miles. Bournemouth approx. 13½ miles. Salisbury approx. 14 miles. Lyndhurst approx. 17 miles.

FEATURES
New Forest detached thatched public house. Character premises with open fireplaces and beams. Designed and fitted to a high specification. Open plan bar/restaurant areas. Currently operated under management. Car parking. Owners 2 bedroom self contained accommodation. Potential to develop business further.

SUMMARY OF ACCOMMODATION
Open Plan Bar (approx. 65 covers). Restaurant (approx. 60 covers). Cloakrooms. Kitchen. Private Dining Area (10 covers). Owners 2 bedroom self contained accommodation.

TRADING & BUSINESS
The premises operate as a predominately food led public house, trading from 11.00am until 11.00pm Monday to Saturday and 12.00pm to 10.30pm on Sunday’s. This is an established business with a good local client base, which is enhanced by tourist trade in the summer months. Accounting information can be made available to genuinely interested parties.

LICENCES/PERMISSIONS
We are informed that the property holds a Premises Licence granted by New Forest District Council. The Licensing Act 2003 states that properties serving alcohol have a designated premises supervisor who must hold a Personal Licence. We suggest that all purchasers take appropriate professional advice. We have not had sight of this licensing documentation.

Location Details:

Ringwood approx. 3 miles. Fordingbridge approx. 3½ miles. Bournemouth approx. 13½ miles. Salisbury approx. 14 miles. Lyndhurst approx. 17 miles.

Lease Terms:

LEASEHOLD. The owner informs us that the property is held on a 15 year lease from Greene King, which commenced in 2006 and is tied for beers, ciders and bottle beers. The current rent is £80,000 per annum and is subject to 5 yearly rent reviews. We have not had sight of this lease documentation.

Accommodation:

Open Plan Bar (approx. 65 covers). Restaurant (approx. 60 covers). Cloakrooms. Kitchen. Private Dining Area (10 covers). Owners 2 bedroom self contained accommodation.