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POPULAR THRIVING AND HIGHLY DESIRABLE FREEHOLD INN AND BREWERY SET ON THE WEST BANK OF THE RIVER TRENT IN THE ANCIENT LINEAR NORTH NOTTINGHAMSHIRE VILLAGE OF WEST STOCKWITH

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  • Substantial Inn & Brewery set on the west bank of the River Trent within easy reach of Bawtry, Retford, Gainsborough & Doncaster/Sheffield airport.
  • Bar (c40+ plus standing) with 7 cask ales on offer, games facilities, air con and an attractive exposed brick-built fireplace with built in log burner.
  • Restaurant (c55+ covers) with air con, comfy furniture and attractive eye-catching feature wall.
  • Fully equipped 8-barrel brewery and cold room.
  • Grassed rear Al Fresco garden area (c80+) with floral displays and smoking solution.
  • Fully equipped air-conditioned ground floor commercial catering kitchen with 5* EHO.
  • Substantial 5-bedroom owners’ accommodation (2 being en-suite).
  • Accounts to 31st August 2018 show turnover c£432,824 (incl. VAT) per annum + £31,200 additional income from the brewery (only sold ‘in house’ with opportunity to expand) achieved on 50% Wet sales ; 50% Food sales. This business is also still ‘in growth’ in the current financial year to August 2019.
A FANTASTIC OPPORTUNITY TO PURCHASE A DESIRABLE FREEHOLD INN AND BREWERY OFFERING FURTHER UNTAPPED OPPORTUNITIES


ASKING PRICE £545,000 FREEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This fabulous inn is located on the west bank of the River Trent in the ancient linear North Nottinghamshire village of West Stockwith. The village sits on a regular bus route close to the Lincolnshire border and is only 3 miles North-West of Gainsborough. The local area not only attracts holidaymakers, caravanners and walkers but also many fishermen and boat enthusiasts all year round. West Stockwith has 2 pubs, a yacht club, a village hall and a church and is surrounded by many other affluent villages including Misterton where the local primary school can be found. The bustling towns of Retford, Goole and Doncaster are also within easy reach. The nearby road networks are very good and the A1, M18 and M180 are within easy reach and complimented by other ‘A’ roads that provide a route in and around the local area.

THE PROPERTY

The property dates back to 1844 and is of rendered brick construction sitting under a pitched pan tiled roof. Set on a large plot on the main road running through the village the property has entrance porches to the side and rear that provides access to all the trading areas. These consist of:

Bar Area (circa 40+ plus standing) is fully air conditioned and has loose assorted tables, chairs and stools complimented by high poseurs, leather armchairs and upholstered perimeter bench seating. The room has areas of solid oak floor and carpet and to one end is an exposed brick-built fireplace with built in log burner. There is a central pool table, darts throw, and wall mounted HDTV and a return bar server of wood construction with 7 cask ales on offer. To the side of the room are double patio doors that lead out onto the rear grassed garden area.

Restaurant (c55+ covers) is air conditioned and has loose tables, comfy dining chairs and upholstered perimeter bench seating all sitting on a fully carpeted floor. To one end of the room is a highly attractive and eye-catching wall cover that is set on a brewery related theme.

There is a fully equipped commercial catering kitchen with stainless steel appliances and surfaces (equipment not tested) and 5* EHO rating. The kitchen area is also air conditioned and has a walk-in fridge, freezer storage, wash up area and a separate dessert/prep area and dry goods store.

Below Ground floor beer cellar with remote, python and pumps etc and further storage areas.

Ladies & Gents WC’s.

Brewery (8-barrel plant) sits adjacent to the main property and is a highly attractive part of this business. The brewery itself is fully equipped and has a self-contained cold room and brewery storage room/workshop above. Currently only providing beers to retail in its own premises in our opinion this provides immense opportunity to distribute the beers to a larger geographical area (ie through SIBA) to considerably increase the profitability and awareness.

OWNERS ACCOMMODATION

The spacious and desirable owner’s accommodation provides all round riverside views and is located on the 1st floor and converted attic space. This briefly consists of: 5 double bedrooms (2 en-suite / 2 with shared toilet and sink), a Lounge, kitchen, bathroom and large dining room.

EXTERNAL

To the rear of the property is a delightful grassed al fresco garden area (c80+) with wooden picnic benches and colourful floral baskets and planters. To one side is a quirky smoking solution and there are further storage areas and a self-contained storage yard. Parking is available to the side of the property, directly across the road and throughout the village.

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:

Sun - Thurs 11am to 1am

Fri – Sat 11am to 1.30am

Current opening hours are:

Mon – Sun 10.30am to midnight

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 property and business is being offered for sale freehold (although we have not had sight of the title deeds). We are advised that the property benefits from all relevant services being connected (no services tested) and the brewery itself uses a Calor gas system. Business rates payable are advised as currently being £8,507 per annum.

THE BUSINESS

The current owners initially took over the brewery in 2006 and then purchased the freehold of the whole property in 2012. Over the years they have created a highly popular business serving locally sourced, home-made food and quality beers and ales to a loyal, repeat and desirable clientele. The business is currently operated by the owners themselves assisted by 3 full and c10 part time/casual members of staff. Sitting at the heart of the local community the business currently plays host to weekly live entertainment, 2 quiz nights, 2 pool teams, poker nights and regular pie nights/themed food events. There is also a vast selection of gins on offer and a highly popular pizza oven that can be used at any time. We are advised that accounts to 31st August 2018 show a turnover of circa £432,824 (incl. vat) per annum + £31,200 additional income from the brewery achieved on 50% Wet sales and 50% Food sales. This business is also still in growth for the financial year to August 2019. New owners could continue to run the business using the same highly successful formula or they may wish to take the business to the next level. In our opinion this could be achieved by taking advantage of further extending the opening hours, distributing the brewery beers further afield (ie through SIBA) or exploring the opportunity of introducing a breakfast offer.

Accounting information will be made available to interested parties after viewing. The property was viewed by Richard Fletcher who would be

delighted to discuss further details and can be contacted on 07527 718400.

Viewing appointments must be made via Guy Simmonds on 01332 865112.

Details prepared August 2019.

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