Public Houses for sale in Henstridge

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David Binder (Nov 2017)
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Leasehold Price: £79,950 Annual Turnover: £630,389
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Business Description
THE PROPERTY
The Virginia Ash is an extremely well presented, substantial and deceptively spacious character Grade II Listed village freehouse which occupies a prominent landmark trading position. This impressive detached character property is located at a busy intersection of the A30 and the A357 main roads and is a popular village freehouse and destination public house. This well appointed and well regarded free of tie village inn retains many attractive character features and comes fully equipped with an extensive inventory of quality fixtures and fittings. The business briefly comprises:- character interconnected open plan character Bar & Dining Areas with exposed timbers, stonework and open fireplace (86+), Family Dining Area/Restaurant (62), an impressive and extremely well equipped Commercial Catering Kitchen with extensive backup and ancillary facilities, well presented and particularly spacious self-contained family Owners Accommodation, with potential for letting bedrooms if so desired, offering 7 Double Bedrooms (2 with En-Suite facilities), generously proportioned Sitting Room, family Bathroom, Utility Room, Store Room, Kitchen/Dining Room with a fully fitted Kitchen and integrated applicances and a Private Owners Roof Terrace Area. Externally the pub is set in approximately an acre of grounds which incorporates extensive Customer Car Parking for around 100 vehicles, attractive lawned and Patio Trade Gardens (64), and various useful outbuildings and garages.

SITUATION
The Virginia Ash occupies a prominent and landmark trading position at a busy intersection of the A30 and A357 main roads in the sought after and thriving Somerset village of Henstridge, close to the Dorset border. The intersection is busy with traffic travelling between Wincanton and the A303 through to Blandford Forum and Poole and Bournemouth and the A30 linking Yeovil and Sherborne through to Shaftesbury and Salisbury. Henstridge is a vibrant village located in the Blackmoor Vale close to the Dorset border. Nearby Templecombe has a mainline rail link on the Exeter to Waterloo line and the Somerset country town of Wincanton is approximately 7 miles to the north. The Abbey town of Sherborne is approximately 6 miles to the west and the Saxon hilltop town of Shaftesbury is approximately 10 miles to the east. Educational facilities are excellent with the well regarded Gryphon Secondary School and the renowned private Sherborne school of Lewiston close by.

INTERNAL DETAILS
Main entrance doors to front leading from car park into Entrance Lobby with Ladies, Gents & Disabled WC. Doors into a substantial open plan character Main Bar & Dining Area comprising 4 atmospheric interlinked rooms with part carpeted, part wood and part stone flooring, exposed wall and ceiling timbers, part exposed stone and brick walls, feature fireplace with inset woodburning stove, darts oche area, extensive range of free standing wooden tables, chairs, comfortable sofas, armchairs, bar stools comfortably seating 86 customers plus standing room, 2 flat screen colour televisions, open plan through into Family Dining Area again a continuation in style, theme and ambience, with carpeted flooring, exposed ceiling and wall timbers, part exposed brickwork and stonework, range of free standing wooden tables and chairs comfortably seating 62 customers. The trade area is serviced by a substantial brick fronted and polished timber topped Bar Servery fitted with associated back bar fittings, display shelving, and optics with Altro flooring, upright glass fronted wine fridge, EPOS touch screen cash register with printer link to kitchen, stainless steel sink unit, glasswasher, under counter fridge, double glass fronted bottle fridge, triple glass fronted bottle fridge, electronic cash register and range of open storage shelving.

Extensive Commercial Catering Kitchen with fully tiled walls and being equipped to an extremely high standard with a comprehensive range of commercial catering equipment to include:- extractor system with canopy over, 6-burner gas range, chargrill, 2 eye level grills, 2 floor standing deep fat fryers, 1 twin table top deep fat fryer, warming cabinet, hot plate, lit serving gantry, 5 microwave ovens, 3-door under counter commercial freezer, 4-door under counter commercial fridge, stainless steel wall shelving, under counter fridge, bain-marie, extensive range of stainless steel workbenches with shelving below, hand basin, Rationale combi oven, commercial pizza oven, commercial pass-through dishwasher with tray slide (leased), 3-door under counter fridge with saladette over, fridge freezer, 2 double upright commercial fridges, 2 twin deep bowl stainless steel sink units, chest freezer, under counter fridge, fridge freezer, upright commercial fridge, chest freezer and door to rear. Staff WC/Changing Room. Beer Cellar temperature controlled on the ground floor. Boiler Room. Substantial Dry Goods Store. Further first floor Store Room.

Please note: The fittings, equipment and services listed have not been tested by the agents, although we are informed that all items are in working order.

PRIVATE ACCOMMODATION
Situated on the first and second floor is the generous and well proportioned self-contained owners accommodation which briefly comprises:- Sitting Room a particularly well proportioned room with dual aspect windows and feature fireplace. Kitchen/Dining Room fitted with an attractive range of solid oak base and wall mounted kitchen units with complementary worksurfaces and a range of built in applicances to include fridge freezer, oven, microwave oven, gas hob, chargrill and deep fat fryer. Bedroom 1 a well proportioned double room with built in wardrobes and an En-Suite Bathroom with bath and separate shower cubicle. Bedroom 2 a double bedroom with built in wardrobe. Bedroom 3 a generous double bedroom with built in wardrobe and an En-Suite Bathroom. Bedroom 4 a double bedroom. Family Bathroom. Store Room. Utility Room with access to Private Owners Roof Terrace area. Bedroom 5 a double room currently used as an office. Bedroom 6 a generous double bedroom on the second floor. Bedroom 7 a double room on the second floor. Dependent on the requirements, the owners accommodation could be reconfigured to create letting bedrooms if so desired.

EXTERNAL DETAILS
The pub occupies a plot of approximately one acre with prominent main road frontage along both the A30 and the A357 main roads. The pub benefits from extensive tarmac Customer Car Park with marked spaces for around 100 vehicles. There is an attractive lawned and patio Beer Garden with mature trees and shrubs and picnic bench seating for 60 customers. Smoking Shelter with seating for 12 and 2 Large Double Garages.

THE BUSINESS
The Virginia Ash is an extremely popular destination and village pub and restaurant which is extremely well presented throughout and offers extensive customer trade areas and is a well known landmark Somerset pub and a successful business. The Virginia Ash is a family friendly pub catering for large numbers of both passing and local trade and the business is run as a traditional British pub being open all day but only offering food at lunchtimes and during the evenings. The business benefits from a 5 Star Food Hygiene rating and has its own website www.thevirginiaashpub.co.uk which provides further information on the business. This is an extremely well presented business which benefits from impressive levels of year round trade and which has continued to grow under the current ownership. The sale of The Virginia Ash represents an exceptional opportunity to purchase a well regarded and well supported free of tie food led pub and restaurant with a prominent and landmark self-advertising main road trading position and with impressive self-contained owners accommodation with potential for letting bedrooms. Located in a sought after part of the South West, The Virginia Ash is undoubtedly a very special place in which to live and work and a viewing is essential in order to fully appreciate all that this high specification freehouse has to offer.

TRADING INFORMATION
Trading information for the year ending 31 July 2018 shows a turnover of £630,389 excluding VAT. The split of trade is approximately 55% food sales and 45% wet sales. Further trading figures can be provided to bona fide interested parties following a formal viewing appointment.

OPENING HOURS
The Virginia Ash trades from 11:00am until 11:00pm Monday to Saturday and 11:00am until 10:30pm on Sunday with food being offered between midday and 2:15pm and 5:30pm and 8:30pm Monday to Saturday and midday to 6:30pm on Sunday.

CURRENT STAFFING
The pub is run by working proprietors with 10 members of staff and casual staff, as trade levels dictate.

POTENTIAL
The current owners advise that there is potential to develop all aspects of the trade and property still further and build on the impressive trade levels already being achieved, along with particular opportunities to introduce an all day food service with further potential to reconfigure the owners accommodation to provide letting bedrooms, subject to own requirements.

EPC
Listed building and therefore exempt.

RATING
For up to date Business Rates and Council Tax information relating to this property, we refer you to The Valuation Office website www.voa.gov.uk.

SERVICES
All main services, with the exception of mains gas, are connected to the subject property. LPG is used for cooking and there is oil-fired central heating and hot water system.

PRICE & TENURE
£79,950 for the valuable free of tie leasehold interest as a going concern business and full trade inventory. Wet and dry stocks to be additional at valuation. Vacant possession upon completion.

The Virginia Ash is available by way of a new 7 year free of tie lease from a private landlord on full repairing terms. The guide rent is £62,000 plus VAT per annum, payable quarterly in advance. Contact us for full details.

VIEWINGS
Strictly by appointment with the vendors Sole Selling Agents.Tel:(01392) 201262.Email:info@stonesmith.co.uk
You are recommended to contact us before visiting the property even for an informal viewing. We can then confirm whether or not it is still available.

FINANCE
An early discussion about finance can often save time and disappointment. If you would like independent specialist advice on funding this property or any other purchase, we recommend you contact us for a list of our approved brokers.
Trading Hours:
The Virginia Ash trades from 11:00am until 11:00pm Monday to Saturday and 11:00am until 10:30pm on Sunday with food being offered between midday and 2:15pm and 5:30pm and 8:30pm Monday to Saturday and midday to 6:30pm on Sunday.

Number of Employees: 10

Tenure: Leasehold

Location Details:
The Virginia Ash occupies a prominent and landmark trading position at a busy intersection of the A30 and A357 main roads in the sought after and thriving Somerset village of Henstridge, close to the Dorset border. The intersection is busy with traffic travelling between Wincanton and the A303 through to Blandford Forum and Poole and Bournemouth and the A30 linking Yeovil and Sherborne through to Shaftesbury and Salisbury. Henstridge is a vibrant village located in the Blackmoor Vale close to the Dorset border. Nearby Templecombe has a mainline rail link on the Exeter to Waterloo line and the Somerset country town of Wincanton is approximately 7 miles to the north. The Abbey town of Sherborne is approximately 6 miles to the west and the Saxon hilltop town of Shaftesbury is approximately 10 miles to the east. Educational facilities are excellent with the well regarded Gryphon Secondary School and the renowned private Sherborne school of Lewiston close by.

Leasehold Term:
The Virginia Ash is available by way of a new 7 year free of tie lease from a private landlord on full repairing terms. The guide rent is £62,000 plus VAT per annum, payable quarterly in advance. Contact us for full details.

Listed by: Stonesmith

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