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DISTINCTIVE 19th CENTURY UNOPPOSED TRADITIONAL ENGLISH COUNTRY INN OFFERED ON A ‘FREE OF TIE’ LEASE SITUATED WITHIN THE AFFLUENT AND HIGHLY DESIRABLE WEST SUSSEX VILLAGE OF SELHAM, CLOSE TO GOODWOOD, IN THE HEART OF THE SOUTH DOWNS NATIONAL PARK

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  • Delightful award winning 19th Century Country Inn situated in the prime village location of Selham.
  • Traditional main Public Bar (circa 20) and a cosy and versatile Dining Area (circa 12+ covers).
  • Fully equipped Commercial Catering Kitchen.
  • Superb tiered and lawned Beer Garden (circa 300-400) with a delightful backdrop setting and mature trees providing a wonderful canopy display. Marquee and Outside Bar. Patron’s Car Park for circa 20+ cars.
  • Good sized 3 Bedroom Family Accommodation.
  • Refurbished and modernised yet retaining a wealth of charm and character throughout whilst exuding a warm and welcoming ambience.
  • Advised current turnover circa £140,000+ (incl. VAT). Trade split circa 80% wet and 20% food sales. Immense potential for catering/events orientated operators.
  • Mitford Estate ‘FREE OF TIE’ lease with a favourable rent plus zero business rates.
AN AMAZING OPPORTUNITY TO ACQUIRE THIS EXTREMELY WELL ESTABLISHED BUSINESS AND FAMILY HOME OFFERING UNTOLD GROWTH POTENTIAL AND A WONDERFUL QUALITY OF LIFE IN THIS ENVIABLE LOCALE


ASKING PRICE £85,000 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This delightful country inn is located within the highly desirable village of Selham (being one of only 5 Dark Skies Reserves in the world) in the Chichester district of West Sussex, in the heart of the South Downs National Park being a designated Area of Outstanding Natural Beauty and attracting a tremendous number of visitors on an annual basis and a popular watering hole for many polo players, managers and grooms from the local teams based in and around the village. This business is well positioned for Goodwood, being approximately only 10 miles away, with its ever increasing extremely popular festivals of both Racehorses (Glorious Goodwood) and Motor Vehicles (Goodwood Festival of Speed). The nearest town is Midhurst which was voted the 2nd best town in England by the Country Life magazine and is most famous for its Polo Events especially the ‘King Power Gold Cup’ at Cowdray Park.

THE PROPERTY

This impressive 19th Century country inn occupies an easily accessible trading position in this most delightful South Downs village.

Main entrance at the front leading into the lobby with access to the Public Bar.

Public Bar (circa 20) being a lovely traditional room exuding a welcoming and relaxing ambience having a feature central return bar servery with a solid polished counter, a matching mirrored back fitting with shelving, trade optics and refrigerated bottle coolers (not tested) which is complemented by a range of solid polished oak tables and comfortable leather padded oak chairs and bar stools. There is a lovely feature brick built open fireplace adding to the charm and character of this room. There is also a darts throw. Open access to the Dining Area.

Dining Area (circa 12+ covers) is a cosy and versatile room being well furnished with solid polished oak tables and comfortable leather padded chairs. Again, there is also a lovely feature brick built open fireplace adding to the charm and character of this room.

Catering facilities include a fully equipped Commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested). There is also a wash-up room.

Lower Ground Floor Cellar with delivery access, pumps, tilt racks, python, post mix and cooler. There is also a Dry Storeroom. The cellar currently has a 5* rating from Cask Marque.

Ladies and Gents W.C.’s.

OWNERS ACCOMMODATION

Situated on the 1st floor; being of a good size and presented in excellent decorative order and briefly comprises: 3 bedrooms, lounge and shower room.

N.B Agents Note: There is the potential to turn 1 or 2 of the rooms into letting/B&B rooms if so desired, subject to the normal planning permissions.

EXTERNAL

There is a delightful tiered lawned Beer Garden (circa 300-400) which is very well furnished with timber picnic benches. There is also a Marquee with a timber constructed outside Bar with stillage racks and flash coolers. There is also a superb covered designated smoking area with a lovely log burner and timber picnic benches. Patron’s car parking facilities for circa 20+ cars. There is also a private garden and 2 very good sized brick built garages with ample storage including log store and a very good sized brick built storage shed.

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:

Sunday – Thursday – 10.30am – 12.30am

Friday & Saturday – 10.30am – 2.30am

The current opening hours are as follows:

Sunday, Monday, Wednesday & Thursday – Midday – 10.00pm

Tuesday – 3.00pm – 10.00pm

Friday & Saturday – Midday – 11.00pm

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 4 years remaining of the Mitford Estate full repairing and insuring agreement. We are advised that the inn is ‘FREE OF TIE’. We are informed that the rent is currently £18,000 per annum. We are advised that the inn benefits from all mains services with the exception of LPG for cooking and oil for heating (no services seen or tested). Business rates payable are advised as currently being £0 per annum.

THE BUSINESS

Our vendor clients operate this excellent business as a ‘partnership’ on a full time basis with the assistance of 3 part time/casual members of staff. Trade is currently derived from circa 80% wet and 20% food sales.

Whilst emulating the current successful business model; there is still immense potential for a new full time hands-on owner operator partnership with previous experience of running a catering/events orientated operation to take this business to the next level by exploiting the food and functions potential that is to be found here.

There are a number of long standing, popular and well attended events including beer festivals, themed parties and quiz nights etc plus many additional areas of potential to increase sales and profitability by implementing a strategic marketing campaign to utilise the premises for private parties, wakes and functions etc. Advised current turnover circa £140,000+ (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 £300,000 (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: August 2019

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