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CHARMINGLY QUINTESSENTIAL THATCHED ‘FREE OF TIE’ LEASE VILLAGE INN WITH LOVELY CHARACTER FEATURES SITUATED WITHIN THE AFFLUENT OXFORDSHIRE VILLAGE OF BRIGHTWELL CUM SOTWELL

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Deposit Taken - Solicitors Instructed


  • Superb location in the heart of this sought after Oxfordshire village, close to Wallingford, and a beautiful village to live in!
  • Characterful Lounge Bar (circa 20) with Karndean wood floors, log burning fireplace and beams.
  • Lovely Dining Room (circa 40) offering wood floors, bar servery, feature fireplace and beams.
  • Enclosed & Mature Courtyard Garden with seating for 40 customers.
  • Car Park & Commercial Catering Kitchen.
  • Excellent 3 Bedroom Living Accommodation.
  • Advised turnover circa £7,700 per week (inc vat) with a trade split of 50% wet and 50% dry.
  • Highly beneficial ‘free of tie’ leasehold agreement.
A BEAUTIFUL ‘FREE OF TIE’ VILLAGE INN SITUATED WITHIN A HIGHLY DESIRABLE LOCATION IN THE COUNTY OF OXFORDSHIRE


ASKING PRICE £39,950 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This ‘Free of Tie’ Grade II Listed Thatched Village Inn & Restaurant is located on Brightwell Street within the sought after and affluent Oxfordshire village of Brightwell-cum-Sotwell.

Brightwell-cum-Sotwell is a twin village and civil parish in the Upper Thames Valley in South Oxfordshire. It lies between Didcot to the west and the historic town of Wallingford to the east.

The village is located on Cycle Route 5 and attracts many visitors throughout the year along with nestling below Wittenham Clumps.

This lovely village has an array of black and white thatched cottages lining the streets as well as a pre-school and primary school, four churches, and a village shop that is volunteer run.

Wallingford is the nearest town offering a good range of shops and amenities.

THE PROPERTY

This Grade II Listed Village Inn & Restaurant is a property of stone construction, under a thatched roof, occupying a central position within the heart of this desirable village.

The Lounge Bar (circa 20) is a lovely inviting room benefitting from new Karndean wood flooring, bar servery area, beamed ceilings and large inglenook fireplace.

The Dining Room (circa 40) is a pleasant room offering a mix of wood and quarry tiled flooring, bar servery area, beamed ceilings and a feature fireplace.

Ladies & Gents W.C’s.

There is a Commercial Catering Kitchen with stainless steel appliances (not tested) and work surfaces with a separate wash up and storage areas.

The Ground Floor Cellar benefits from coolers, python system and storage along with a lockable bottle store.

OWNERS ACCOMMODATION

The Owners Accommodation is located on the Ground and 1st Floors and consists of two double bedrooms, one single bedroom, a bathroom with shower and a large living room (which could be used as a fourth bedroom). Downstairs there is a large kitchen diner, living area, a utility room and a shower room.

EXTERNAL

To the rear of the property is a mature & enclosed Courtyard Beer Garden offering seating for approximately 40 customers along with a Smoking Shelter.

To the rear of the building is a Car Park for 10 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:

Mon – Sat 11am – 11pm

Sunday Midday – 10.30pm

Current opening hours are:

Monday 6pm – 11pm (no food)

Tues – Sat Midday – 3pm, 6pm – 11pm

Sunday Midday – 9pm

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 being offered for sale as a Wellington Pub Co ‘Free of Tie’ lease assignment with approximately 4 years remaining of the full repairing, insuring and renewable agreement. We are advised that the business is free of tie for all products. We are informed that the rent is currently £44,800 with a rent review due in 2023. 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 & Tenancy Act 1954.

The property offers all mains services along with being heated with gas central heating (no services tested). Business rates payable are advised as being circa £10,500 per annum.

THE BUSINESS

Our vendor clients ran this delightful business previously and, after selling the lease in 2012, have come back in to take over the lease on a short term basis while a new lessee is found.

The business is unopposed in the village and has had a very good reputation, new owner operators will benefit from a property in excellent condition along with a desirable lifestyle.

We are advised turnover is averaging £7,700 (inc vat) per week with a trade split of 50% wet and 50% dry.

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

The property was viewed by Marc Blackford who would be delighted to discuss further details and can be contacted on 07812 753014

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

Details prepared: August 2019

ADDITIONAL IMAGES

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