Hilton Smythe is delighted to welcome to the market this well-established and popular public house and restaurant business in Worleston, Cheshire. The property is a timber-framed building dating originally from the 1730s and has been in our clients` careful ownership since 1999. Only now is the business being offered to the market due to our clients` desire for a well-deserved retirement. The business is open 7 days per week and generates a turnover in the region of £260,000 per annum, with a reported gross profit of approximately 50%.
The main source of income is currently 60% wet sales and 40% food sales. The business currently offers a wide range of beers, wines and spirits and also boasts a large 60 cover restaurant area, serving traditional English pub food. The Royal Oak has earned an enviable reputation in the area and boasts a loyal customer base, benefiting from much word of mouth referrals and a vast amount of repeat trade. The business benefits from spacious three bedroom owners` accommodation, which has been extremely well maintained and decorated to a very high standard, as well as a one bedroom self-contained flat and two bed mobile home.
We feel the turnover could be increased by extending the opening hours. The business would also benefit from a small marketing campaign to promote the business and the services offered. The business would also benefit from the launch of a website to advertise the restaurant side of the business with perhaps offering a menu of the food available and online booking facilities. A new owner could also let out the one-bedroom flat and 2 bedroom mobile home to generate further income. This is an excellent opportunity for a new owner to take this already popular and thriving business to the next level; therefore early viewing must come highly recommended.
The Royal Oak occupies substantial two-storey premises and is ideally located in a prime trading location in the village of Worleston, Cheshire. The public house and restaurant is located on the main road through the village, therefore benefitting from a large amount of footfall and passing trade. The business boasts free parking with three car parks to the sides of the property. The public house is mainly surrounded by residential properties from which the business draws much trade.
Worleston is a village in Cheshire East and lies 2½ miles north of Nantwich and 3 miles west of Crewe. The civil parish includes the settlements of Beambridge, Rease Heath, Mile End and Rookery, with a population of just over 400 residents. Amenities within the village include a grocery store, a primary school and a churches. The area is well served by the A-road system with the A530 being within easy driving distance of the property, which links to the vast A-road and motorway networks. Chester is approximately 21½ miles away and Congleton is 23 miles away.
Prominent two-storey premises, briefly comprising:
Open plan bar/restaurant area with:
Wooden tables and chairs for approximately 60 covers.
Central brick feature fireplace with open fire.
Large wooden bar servery with 14 points of dispense, optics display unit, electronic cash register, bottle chillers, glass washer and two double chiller units.
Games room with:
Feature open fireplace.
3 x electronic games machine
Ladies and gents WCs.
Fully fitted commercial kitchen with:
3 x microwave ovens.
Six burner range cooker.
Double deep fat fryer.
Stainless steel wall cladding.
Four ring electric cooker.
Commercial sink unit.
Freezer/store room with:
Lower ground floor:
Cellar with cooler unit.
First floor with:
3 x bedrooms.
Self-contained flat with one bedroom, lounge, kitchen and bathroom.
Three brick store rooms for bottle and freezer storage.
Beer garden to front and rear.
Large car parking facilities for approximately 50 vehicles.
Self-contained mobile home with two bedrooms, lounge, bathroom and kitchen.
We are advised Freehold.
The business is open:
Monday – Friday: 11.30am – 3.00pm and 5.30pm – 12.00am
Saturday – Sunday: 11.30am – 12.00am
The business is owner run and managed with 2 x full time and 2 x part-time staff members.
The business generates a turnover in the region of £260,000 per annum, with a reported gross profit of approximately 50%.
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