Village Pub For Sale

Price:

Leasehold - £35,000

Seller Ref:

H12145

Location:

Wiltshire , Salisbury

Business Type:

Food Service Businesses, Pubs

See Other:

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

Description:

THE BUSINESS:

LOCATION
Salisbury Racecourse approx. 3½ miles. Wilton approx. 4½ miles. Salisbury approx. 6½ miles. Fordingbridge approx. 13 miles. Blandford approx. 19 miles. Ringwood approx. 19 miles.

FEATURES
Attractive 18th century village pub. Situated in semi rural location. Spacious pub restaurant with approximately 70 covers. Fully fitted and equipped throughout. Improved in current ownership. Rear garden and car park. Owners 3 bedroom accommodation. Scope for business development.

SUMMARY OF ACCOMMODATION
Pub/Restaurant (up to 70 covers). Store Room. Beer Cellar. Wash Up Area. Main Kitchen. Store Room. Owners Accommodation comprising 3 bedrooms.

TRADING & BUSINESS
The turnover in the year ending 28th February 2011 was £251,041 excluding VAT. This figure was achieved operating Tuesday to Sunday inclusive (with no food on Sunday’s evenings) and closed on Monday’s. The premises offer classic homemade pub food.

LICENCES/PERMISSIONS
We are informed that the property holds a Premises Licence granted by Salisbury City 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:

Salisbury Racecourse approx. 3½ miles. Wilton approx. 4½ miles. Salisbury approx. 6½ miles. Fordingbridge approx. 13 miles. Blandford approx. 19 miles. Ringwood approx. 19 miles.

Lease Terms:

LEASEHOLD. There are approximately 8 years remaining from an original 21 year Enterprise Lease with 5 yearly rent reviews and also yearly RPI rent increases, at a current rent of £33,600 per annum to include insurance and Enterprise Inns Cellar Cooling and Compliance Testing Contracts. We are informed that Enterprise Lease is tied on beer, cider, bottles and alcopops but is free of tie on wine, spirits and soft drinks. We have not had sight of this lease documentation.

Accommodation:

Pub/Restaurant (up to 70 covers). Store Room. Beer Cellar. Wash Up Area. Main Kitchen. Store Room. Owners Accommodation comprising 3 bedrooms.