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A HIGHLY IMPRESSIVE AND EXCEPTIONAL 20th CENTURY ‘FREE OF TIE’ TRADITIONAL INN FOR SALE SITUATED IN THE QUINTESSENTIAL AND AFFLUENT VILLAGE OF GREAT BARDFIELD, ESSEX

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Deposit Taken - Solicitors Instructed


  • Traditional inn situated in the prime English country village of Great Bardfield.
  • Welcoming and inviting Lounge Bar (circa 45+) and a versatile and multi-functional Restaurant (circa 30 covers).
  • Delightful and good sized lawned Beer Garden (circa 200) and Patron’s Car Park for circa 20 cars.
  • Impressive 3 Bedroomed Family Accommodation.
  • Fully equipped Commercial Catering Kitchen.
  • Superbly refurbished whilst retaining a wealth of charm and character throughout.
  • Advised current turnover circa £400,000 (incl. VAT).
  • 60% wet sales and 40% food sales. Immense potential for catering/events orientated operators.
  • Private ‘FREE OF TIE’ renewable lease.
  • Barn with Planning Permission for 5 Ensuite Letting Bedrooms.
A TRULY UNMISSABLE OPPORTUNITY TO PROCURE AN ESTABLISHED AND SUCCESSFUL LIFESTYLE BUSINESS AND HOME OFFERING TREMENDOUS POTENTIAL


ASKING PRICE £99,950 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This outstanding and wonderfully presented inn is situated in the delightful country village of Great Bardfield and can be easily reached from junction 8 of the M11 motorway near Stansted Airport. Situated within the commuter belt being approximately ONLY 40 miles from the capital city of London and also having excellent road communications providing easy access to the M25, A1(M), A120 and the M1 motorways making this superb location an extremely popular commuter area for the major motorways and the major international airports of Stansted, Heathrow and Gatwick. The village of Great Bardfield is also within the catchment area of many similar affluent villages and towns in addition to being situated close to Finchingfield, Great Dunmow, Braintree and Bishops Stortford. An enviable place to reside and a compelling trade opportunity.

THE PROPERTY

This substantial and imposing village inn, believed to date back to the early 1900’s is of brick construction occupying an excellent trading position.

Main entrance at the front leading into the lobby with access into the Restaurant and Lounge Bar.

Lounge Bar (circa 45+) is a good sized warm and welcoming room having a feature return bar servery with a solid polished counter and a mirrored back fitting with shelving, trade optics and refrigerated bottle coolers (not tested), which is complemented by an eclectic range of solid polished tables and delightful upholstered chairs, bay window seating and bar chairs. Adding to the charm of this room is the feature open fireplace and the solid oak flooring.

Restaurant (circa 30 covers) exuding a wonderful comfortable and relaxing ambience being versatile and multi-functional for a variety of different uses and is well furnished with an excellent range of solid polished tables and upholstered chairs. There is also a brick built open fireplace and a solid oak floor adding to the charm and character. Access to the Alfresco Patio Area.

Catering facilities include a fully equipped Commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested). There is also a Wash/Prep Room.

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

Ladies and Gents W.C.’s.

OWNERS ACCOMMODATION

Situated on the 1st floor, being of a good size and presented in excellent decorative order briefly comprises: 3 bedrooms, lounge, kitchen/office and bathroom.

EXTERNAL

At the rear there is a good sized lawned Beer Garden (circa 200) being partly walled; with timber picnic benches and a timber gazebo with tables and chairs. There is also a timber constructed fully functional outside bar and a marquee (circa 100+) with tables and chairs. There is a paved Alfresco Patio area with rattan style garden furniture and a covered seating area with light/heaters. Patron’s parking facilities with lined spaces for circa 20 cars. There is also a substantial barn (currently used for storage) with planning permission for 5 ensuite letting bedrooms and an additional unit used for storage.

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 – Thursday – 10.00am – 11.30pm

Friday & Saturday – 10.00am – 01.00am

Sunday – Midday – Midnight

The current opening hours are as follows:

Monday – Saturday – Midday – Midnight

Sunday – Midday – 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 5½ years remaining of the private full repairing and insuring, renewable agreement. We are informed that the rent is currently circa £26,000 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 propane gas for cooking and uses oil fired heating (services not tested). Business rates are advised as being £NIL per annum.

THE BUSINESS

Our vendor clients operate this excellent business as a ‘partnership’ on a full time and hands-off basis with the assistance of 3 full time and 3/4 part time/casual members of staff. Trade is currently derived from approximately 60% wet sales and 40% food sales.

Whilst emulating the current 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 the business to the next level by exploiting the obvious potential that is to be found here.

There are 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 in addition to the return on investment from the 5 ensuite Letting Bedrooms when completed.

Advised current turnover circa £400,000 (incl. VAT).

This extremely popular village inn is a well-established and successful business and in our opinion with the above areas of potential we would quite easily expect fully focussed and fully committed operators to achieve a turnover well in excess of £500,000 (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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