Pubs for sale in Witney

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Gastro Pub & Wine Bar in Oxfordshire Town Centre

Witney, Oxfordshire, England

  • Leasehold Price: £150,000  Price Reduced arrow_drop_down
  • Annual Turnover: £409,000
Seller Reference: 5594
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Business Description
 
 
 
 
 
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Seller Reference: 5594
Request Details
Business Description
Well Established Business
Annual Turnover £409,000
Huge Scope For Food Sales
Superb Shopping Centre Location
5* Food Hygine Rating
EPC - D
REF 5594

Blacks Brokers are delighted to bring to the market this leasehold gastro pub & wine bar operating in the sought after area of Witney, Oxfordshire.

INTRODUCTION

This business has been trading from this excellent property for over three decades and over that time has developed an enviable reputation. The business brand has been trading since 1993.

LOCATION

The business is located in Langdale Court Shopping Centre in Witney’s Town Centre. Witney is a market town on the River Windrush and a gateway to the Cotswolds between Oxford & Burford just off the A40. Witney is the largest of the market towns in the Oxfordshire Cotswold and is located 12 miles west of Oxford.

REASON FOR SALE

The business is only being for sale due to the owners other business interests and therefore this has created an exciting opportunity for a new owner to enjoy this lucrative and well respected business.

LEASE

The building is available on a competitive rent on a Full Repair and insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is 10 years with rent reviews every 3. The current lease began in 2012 and is £692 Per Week.

BUILDING LAYOUT AND DESIGN

The building has an impressive appearance that delivers a flawless first impression. The fixtures and fittings are stylish deliver a modern feel to the café bar. Once inside the large ‘L’ shaped bar area offers seating for up to 70 people. The Kitchen and preparation area are well equipped with high value good quality professional catering equipment. Externally there is seating for up to 20 customers.

STAFF

The business operates with 4 part time members of staff with the owner acting as head chef.

FINANCIAL DETAILS

The business delivers solid trading and, as one would expect from a business of this calibre, comes with a full accounts history.

SUMMARY

This well respected gastro pub & wine bar has an impressive trading heritage and an enviable reputation with a 5 star hygiene rating. The business benefits from a loyal and large client base providing repeat custom complimented by a strong social media presence. The business would ideally suit a hands on owner operator who could enjoy the reputation of the business and continue to build on the sold trading foundations. Fixtures:
8 x double beer fridge

3 x single beer fridge

3 x tills & printers (touch screen)

3 x pdq machine (on lease)

1 x 60 in TV

1 x 42 in TV

4 x ceiling fans

6 x disco lights

1 x alarm system

1 x fire alarm system ( landlords)

1 x air-conditioning wall units

2 x air-conditioning ceiling units ( landlords)

1 x 2 gang coffee machine

1 x coffee grinder

1 x cake display fridge

1 x sound system

1 x cctv system ( 10 camera)

1 x s/s upright fridge

1 x s/s under counter fridge

2 x deep freeze

1 x 6 ring cooker

1 x deep fat fryer

1 x glass washer

1 x dishwasher

1 x washing machine

1 x tumble dryer

20 x tables

60 x chairs

8 x bar stools

1 x ice machine

1 x safe

1 x Micro wave

2 x parasols ( light & heat fitted)

Plus S.A.V.

Plus lots more
Trading hours:
Opening Times: MON: CLOSED TUE: 09:00 - WED: 09:00 - THU: 09:00 - FRI: 09:00 - SAT: 09:00 - SUN: CLOSED CLOSING TIMES NOT FIXED - DEPENDS ON HOW BUSY THEY ARE. LICENCE UNTIL 3AM
Tenure:
Leasehold
Location Details:
Witney
Leasehold Term:
£692 Per Week
Listed by:
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