Gastro Country Pub and Restaurant Timsbury Romsey Hampshire

  • Price: £275,000
  • Annual Turnover: £1,000,000
Romsey, Hampshire, England
For Sale

Gastro Country Pub and Restaurant Timsbury Romsey Hampshire

Romsey, Hampshire, England
  • Price: £275,000
  • Annual Turnover: £1,000,000

Description

Key Features:

• Prime location and prominent position on busy A3057 between Romsey & Stockbridge.

• Meticulously restored mid-18th century grade II listed building, 300K investment.

• Turnkey venture ideal for a buyer seeking an upmarket pub, sales £1.1m.

• Accommodation available for manager/staff – 2 bedroom and 1 bedroom flat, kitchen & Bathroom.

• Large beer garden offering seating for c60 guests.

• Ample onsite car parking area for 40 cars in front of establishment.

Overview:

Discover The Goat at Timsbury, an exceptional Gastro Country Pub & Restaurant nestled in a prime location along the bustling A3057 road, leading from Romsey to Stockbridge.

Housed within a meticulously restored mid-18th century grade II listed building, this establishment stands as a testament to charm and culinary excellence.
In 2019,

The Goat underwent a remarkable £300,000 transformation, redefining its identity as a premier destination for elevated gastro dining experiences. The result is a fusion of historical ambiance and contemporary sophistication.

The property also provides living accommodation for the pub manager and family and the living space above the pub includes one 2 bedroom and 1-bedroom flat with kitchen and bathroom.

Nestled on the outskirts of the New Forest, The Goat becomes a preferred oasis for locals and visitors alike providing a gateway to relaxation. This culinary haven has earned its accolades through a carefully curated menu that showcases locally sourced, fresh ingredients.

A distinctive feature of The Goat is its spacious tipi, perfect for exclusive private gatherings. Guests can revel in its unique charm while enjoying drinks, delectable finger buffet offerings, and the warmth of a fire pit, creating memorable moments for weddings, parties, and other special occasions.

With current annual sales at approximately £1.1 million, The Goat presents expansive growth prospects. By introducing themed events, live music nights, and amplifying bookings for private functions, there is the potential to enhance revenues significantly. The tipi, an innovative alternative to traditional function spaces, holds promise for expansion, with tailored menus adding a bespoke touch to special occasions.

The potential for growth extends outdoors as well, with the opportunity to extend the decking area to connect seamlessly with the expansive lawn. This visionary enhancement transforms the space into a dynamic outdoor seating area, perfect for soaking in the scenery while enjoying culinary delights.

Leasehold arrangements offer a 20-year tenure, initiated in 2019, with 15 years remaining. The business rates are £1,040 per month. The annual rent of £102,000 per annum.

Contact us to explore the exciting potential of becoming the proud owner of The Goat at Timsbury.

Is this business relocatable:
No
Is this business home based:
Yes
Is accommodation included:
Yes
Is stock included:
NA

Listed By:

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