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DISTINCTIVE 18th CENTURY TRADITIONAL ENGLISH INN AVAILABLE FOR THE 1st TIME IN ALMOST 10 YEARS SITUATED IN THE AFFLUENT AND HIGHLY DESIRABLE SURREY HILLS VILLAGE OF PUTTENHAM, SURREY

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  • Wonderful 18th century inn located in the prime village location of Puttenham.
  • Traditional Lounge Bar (circa 30), welcoming Public Bar (circa 15) and a versatile and multi-functional Restaurant (circa 30+ covers).
  • Wealth of charm and character throughout exuding a warm and welcoming ambience with beams and an inglenook open fire.
  • Impressive 4 Bedroomed Family Accommodation.
  • Well-equipped Commercial Catering Kitchen.
  • Good sized Beer Garden and Patrons’ Car Park for circa 20+ cars. Barn which could be converted to Letting Bedrooms and Village Shop STPP.
  • Advised current turnover circa £412,000 (incl. VAT).
  • Trade split circa 60% wet and 40% food. Immense potential for catering/events orientated operators.
  • Enterprise Inns partially tied renewable lease with approximately 11 years remaining.
AN AMAZING OPPORTUNITY TO ACQUIRE THIS EXTREMELY WELL ESTABLISHED BUSINESS AND FAMILY HOME OFFERING UNTOLD GROWTH POTENTIAL AND A WONDERFUL QUALITY OF LIFE IN AN ENVIABLE LOCALE


ASKING PRICE £65,000 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This outstanding business is situated in the highly desirable and affluent village of Puttenham (near Farnham) in the heart of the beautiful Surrey Hills and can be easily reached from junction 5 of the M3 motorway near Basingstoke or junction 10 of the M25. Situated close to the old English market town of Farnham with easy access to the M3, A3, M25, M23, M40 and M1 makes this highly desirable location an extremely popular commuter area for the major motorways and the major international airports of Heathrow and Gatwick. This delightful village inn is ideally situated to draw trade from Farnham, Guildford, Seale, Tilford and Puttenham itself, and also attracts a desirable clientele emanating from the affluent nearby surrounding towns, villages and larger catchment areas situated within the Surrey Hills. Puttenham, one of Surrey Hills’ most popular villages, is a highly desirable area for families. A compelling business opportunity and an enviable place to reside.

THE PROPERTY

This traditional village inn exudes a lovely cosy ambience and epitomises a typical English country village inn.

Main entrance at the front leading into the lobby with access into the Lounge Bar and Public Bar. Lounge Bar (circa 30) being a lovely traditional room exuding an inviting and cosy ambience. Having a return bar servery which is complemented by a good range of solid polished tables, upholstered chairs, upholstered pew style seating and upholstered bar stools. Adding to the charm and character of the room is the feature brick built inglenook open fireplace and the beamed ceiling.

Public Bar (circa 15) is a welcoming room having a central return bar servery with a solid polished counter having a matching mirrored back fitting with glass shelving, trade optics and refrigerated bottle coolers (not tested) and is furnished with solid polished tables, upholstered pew style seating, upholstered mini stools and upholstered bar stools. Access to the Restaurant.

Restaurant (circa 30+ covers) is a lovely versatile and multi-functional room and is well furnished with a good range of solid polished tables, upholstered chairs and upholstered pew style seating. Adding to the charm and character of the room is the solid oak herringbone style parquet flooring, the beamed ceiling and the part panelled walls. Access to the Beer Garden.

Catering facilities include a well-equipped Commercial Kitchen (situated on the 1st floor) with stainless steel appliances and preparation surfaces (appliances not tested). There is also a Freezer Room and a Dumb Waiter.

Lower Ground Floor Cellar with dray drop, pumps, python, tilt racks, post mix and cooler.

Ladies and Gents W.C.’s.

OWNERS ACCOMMODATION

Situated on the ground and 1st floors; being of a good size and presented in good decorative order briefly comprises: 4 bedrooms, lounge, kitchen/diner and bathroom. There is also a loft space with an office and store rooms.

EXTERNAL

There is a good sized lawned Beer Garden at the rear and is well furnished with timber picnic benches and a Children’s Play Area. There is also an overspill car park, a barn currently used for storage (which could be converted to letting rooms and a village shop STPP) and a good sized private garden for the owners. Patron’s Car Park for circa 20 cars.

TRADING HOURS

We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:

Monday – Sunday – 10.00am – 01.00am

The current opening hours are as follows:

Monday – Friday – Midday – 3.00pm & 6.00pm – 11.00pm

Saturday & Sunday – Midday – 11.30pm

NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House.

GENERAL REMARKS

The business is offered for sale as a lease assignment with approximately 11 years remaining of the Enterprise Inns full repairing and insuring, renewable agreement. We are advised that the inn is partially tied to draught beers, bottled beers and ciders ONLY. We are informed that the rent is currently £40,000 per annum. We are advised that at the end of the term, the Lease (not seen by Guy Simmonds) should be renewable with no further premium – subject to the provision of the Landlord & Tenant Act 1954. We are advised that the inn benefits from all mains services and uses gas fired heating (no services seen or tested). Business rates payable are advised as currently being circa £11,000 per annum.

THE BUSINESS

Our vendor clients operate this excellent business as a ‘husband and wife’ team on a full time basis with the assistance of 1 full time and 4 part time staff. Trade is currently derived from circa 60% wet and 40% food sales, thereby providing tremendous scope for a new hands-on owner operator partnership with previous experience of running a catering/events orientated operation to elevate this business to the next level by expanding the current food offering and by also focussing on a strategic marketing campaign to promote the diversity of the premises to cater for private parties and wakes etc, for which there is huge demand within the locale. This is truly an extremely rare and outstanding opportunity for those seeking a lifestyle change or an alternative career from the stress and strife of the City or even as an additional income stream whilst commuting.

Advised current turnover circa £412,000 (incl. VAT). This delightful inn is a well-established and successful business and in our opinion with the above areas of potential we would quite easily expect a fully focussed and fully committed operator to achieve a turnover well in excess of £550,000 (incl. VAT).

Accounting information will be made available to interested parties after viewing.

This business was viewed by Martin McConnell who would be delighted to discuss further details and can be contacted on 07970 213549.

Viewing appointments must be made by contacting Guy Simmonds on 01332 865112.

Details Prepared: June 2018

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