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DISTINCTIVE AND IMPRESSIVE 19th CENTURY TRADITIONAL ENGLISH INN AVAILABLE FOR THE 1st TIME IN 20 YEARS SITUATED IN THE AFFLUENT AND QUINTESSENTIAL SURREY HILLS VILLAGE OF TILFORD, SURREY

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  • Wonderful 19th century inn located in the prime village location of Tilford.
  • Welcoming and traditional Public Bar (circa 20), inviting and relaxing Dining Room (circa 20 covers) and a versatile and multi-functional Conservatory Restaurant (circa 30+ covers).
  • Wealth of charm and character throughout exuding a warm and welcoming ambience with lovely open fires.
  • Good sized 2 bedroomed owner’s accommodation.
  • Fully equipped Commercial Catering Kitchen.
  • Good sized Beer Garden and Patrons’ Car Park for circa 20 cars.
  • Advised turnover circa £558,000 incl VAT year end Sept 2018 (pre-covid) and circa £335,000 incl VAT year end 2021 (affected by covid19 – restrictions and shutdowns).
  • Trade split circa 40% wet and 60% food. Immense potential for catering/events orientated operators.
  • Admiral Taverns (Original Morland & Co.) partially tied renewable lease with approximately 15½ 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 £95,000 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This outstanding business is situated in the highly desirable and affluent village of Tilford (near Farnham) in the heart of the beautiful Surrey Hills and can be easily reached from A3 near Milford. Situated close to the old English market town of Farnham with easy access to the A3, M25, M3, 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, Elstead and Tilford itself, and also attracts a desirable clientele emanating from the affluent nearby surrounding towns, villages and larger catchment areas situated within the Surrey Hills. Tilford, 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.

Covered main entrance at the front leading into the Dining Room and the Public Bar (circa 20) being a lovely traditional room exuding an inviting and cosy ambience. Having a return bar servery with a solid polished counter having a back fitting with shelving which is complemented by a range of solid polished tables, upholstered chairs and upholstered bar chairs. Adding to the charm and character of the room is the feature open fireplace.

Dining Room (circa 20 covers) is a welcoming room exuding a relaxing dining ambience having a return bar servery counter and is well furnished with solid polished tables, upholstered perimeter seating and upholstered chairs. Adding to the charm and character of the room is the feature brick built open fireplace. Access to the Conservatory Restaurant.

Conservatory Restaurant (circa 30+ covers) is a lovely versatile and multi-functional room ideal for private functions and is well furnished with a good range of solid polished tables and upholstered chairs. Access to the Beer Garden.

Catering facilities include a fully equipped Commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested).

Ground Floor Cellar with delivery access, pumps, python, post mix and cooler.

There is also a Dry Good Store Room.

OWNERS ACCOMMODATION

Situated on the 1st floor; being of a good size and briefly comprises: 2 bedrooms, lounge, shower room and separate W.C.

EXTERNAL

There is a good sized and mature Beer Garden at the rear furnished with timber picnic benches. There is also a paved patio area with timber picnic benches. Our clients also have 2 delightful donkeys (not included in the sale) that currently live in the onsite stables and paddock, which could be further used as additional parking and also increasing the beer garden facilities considerably. Patrons’ car parking facilities 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 – Midnight

The current opening hours are as follows:

Monday – Thursday – 11.30am – 3.30pm & 6.00pm – 10.00pm

Friday & Saturday – 11.30am – 11.00pm

Sunday – Midday – 3.30pm & 6.00pm – 10.00pm

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 15½ years remaining of the original Morland & Co full repairing and insuring, renewable agreement. We are advised that the inn is partially tied to draught beers and bottled beers ONLY. We are informed that the rent is currently £40,000 per annum and soon to be subject to a rent review with possibly a Free of Tie option to be considered. 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 with the exception of a septic tank for sewerage and uses gas fired heating (no services seen or tested). Business rates payable are advised as currently being circa £12,500 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 4 full time and 12 part time/casual staff. Trade is currently derived from circa 40% wet and 60% 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 turnover circa £558,000 incl VAT year end Sept 2018 (pre-covid) and circa £335,000 incl VAT year end 2021 (affected by covid19 – restrictions and shutdowns).

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

Viewing appointments must be made by contacting Guy Simmonds at sales@guysimmonds.co.uk.

Details Prepared: January 2019

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