Hilton Smythe would like to welcome to the market The Holly Bush Inn public house and restaurant. The business was established in 1960 and has been in our clients` ownership since 2006. Only now is the business offered to the market due to our clients` ill health. The business is open 7 days per week and generates a turnover in the region of £121,000 with a gross profit of 54%. The business boasts a 44 cover restaurant area, which serves high quality traditional pub food and has a 5* food hygiene rating. The property also boasts a large car park for approximately 15 vehicles, a beer garden, children`s play area and patio seating area. The property also benefits from 3 bedroom owners` accommodation to the first floor.
We are advised outline planning permission is in place for 3 x 4 bedroom houses and 2 x 3 bedroom cottages, with no restrictions.
The business has a very loyal client base with a vast amount of repeat trade. We feel there is scope to increase the turnover by extending the opening hours, as the business is currently run to suit our clients. The business would also benefit from a website advertising the services offered and food available, as there is currently none in place.
Our clients have planning permission for 3 x four bedroom houses to be built within the garden area, and planning permission to convert the public house into 2 x three bedroom cottages, should a new owner or developer wish to do so. This is an excellent opportunity for a new owner to acquire a thriving and popular public house, with excellent scope for future growth; therefore early viewing must come highly recommended.
The Holly Bush Inn is situated in a prominent trading position on Main Street in the village of Oakthorpe in Leicestershire. The public house is ideally located in the heart of a large residential area enjoying a high footfall and much passing trade. The business boasts a large car park for approximately 15 vehicles. Oakthorpe is a popular residential area of Leicestershire and is a desirable place to live. Amenities within the village include a leisure centre, a primary school, a Post Office and a Methodist church.
The area is well served by public transport with bus stops within easy walking distance of the property. The village has excellent access to the A42, which is approximately ½ mile away and links to the M42 and the vast motorway network. Ashby-De-La-Zouch is approximately 4½ miles away; Burton Upon Trent is 10 miles away and Tamworth 11 miles away.
Detached character property in a village setting, briefly comprising:
Bar servery with 10 x points of dispense, optics display, electronic cash register and double bottle chiller.
Carpeted flooring, exposed beams, feature fireplace, wood burner, ladies and gents WCs, tables and seating to suit trade, gaming machine and digital jukebox.
Games room with pool table, large flat screen TV, 2 x dart boards, gaming machine, carpeted flooring and exposed beams.
Main restaurant area with 34 covers, stone flooring, exposed brickwork, exposed beams, wooden tables and chairs, bar servery with 9 x points of dispense and optics display.
2nd restaurant area with 10 covers, lounge, seating area with sofas, feature fireplace and open fire.
Commercial kitchen with refrigerator, freezers, 2 x stainless steel sink units, stainless steel work surfaces, dishwasher, double deep fat fryer, 2 x six burner range cookers, grill, hotplate, sandwich press and 2 x microwave ovens.
Private owners` accommodation with lounge, office/study, utility/shower rooms, 3 x large double bedrooms and bathroom with WC and wash hand basin.
We are advised Freehold.
The business is open:
Monday – Friday: 4.00pm – 11.00pm
Saturday – Sunday: 12.00pm – 11.00pm
The business is owner run and managed with 2 x full time staff members.
The business generates a turnover in the region of £121,000 with a gross profit of 54%.
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