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STUNNING & BUSTLING GRADE II LISTED ‘FREE OF TIE’ STONE BUILT INN & RESTAURANT LOCATED IN THE HEART OF THE EXTREMELY AFFLUENT COTSWOLDS TOWN OF BURFORD, OXFORDSHIRE

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  • Excellently located on the main High St of Burford, in the heart of the Cotswolds.
  • Characterful Public Bar (circa 30) with exposed stone, bar servery and log burning fireplace.
  • Delightful Dining Room (circa 35) offering wood floors, open fireplace, beams and exposed stone walls.
  • Restaurant & Function Room (circa 50) set on two levels and ideal for parties.
  • Beautiful Courtyard Garden for 60 customers.
  • Spacious 4 Bedroom Living Accommodation.
  • Commercial Catering Kitchen with Walk In Fridge & Freezer.
  • Advised turnover circa £580,000 (inc VAT) year end 03/19 with a trade split of 45% wet and 55% dry.
  • Lucrative ‘Free of Tie’ Lease Agreement.
A LOVELY STONE BUILT MARKET TOWN INN LOCATED IN ONE OF THE MOST DESIRABLE TOWNS IN THE COUNTRY


ASKING PRICE £119,950 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This characterful and highly desirable Cotswold Stone Inn and Restaurant is situated on the High St of Burford, an extremely affluent Market Town in Oxfordshire.

This highly sought after Cotswold town is located a short drive from the popular University City of Oxford.

This successful business is located on the main street through the town and attracts a good mix of regular local custom as well as considerable tourist trade throughout the year.

The town has a good range of local shops and amenities along with excellent schooling.

The Cotswolds is an area within South Central England containing the Cotswold Hills and includes the lovely towns of Cirencester, Cheltenham, Stow On The Wold, Burford and Chipping Campden.

THE PROPERTY

This Grade II Listed Inn & Restaurant is a property built of Cotswold Stone construction, under a pitched tiled roof, occupying a prominent High St position within this lovely Cotswold town.

The Public Bar (circa 30) is a room full of character and benefits from solid wood flooring, bar servery, exposed stone walls, beamed ceilings and a log burning fireplace.

The Dining Room (circa 35) is in keeping with the Public Bar and offers wood floors, open fireplace, bar servery, beams and exposed stone walls.

The Restaurant/Function Room (circa 50) is an independent room that is set on two levels and ideal for parties and functions as well as the restaurant area.

Ladies & Gents W.C’s x 2.

There is a large Commercial Catering Kitchen with stainless steel appliances (not tested) and work surfaces with a separate wash up and storage areas along with a Walk In Fridge and Freezer.

The Ground Floor Cellar benefits from coolers, python system and storage.

OWNERS ACCOMMODATION

The Owners Accommodation is located on the 1st & 2nd Floors and consists of Four Double Bedrooms, Single Bedroom, Lounge, Kitchenette and Bathroom.

EXTERNAL

To the rear of the property is a beautiful enclosed Courtyard Garden with seating for approx. 60 customers and easy access to the bar areas.

To the front and side of the business is further seating for 20.

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:

7 days per week 10am - Midnight

Current opening hours are:

7 days per week 10am - 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 business is being offered for sale as a ‘Free of Tie’ lease assignment with approximately 2 years remaining of the Wellington Pub Company 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 under review. 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 electric (no services tested). Business rates payable are advised as being circa £13,400 per annum.

THE BUSINESS

Our vendor clients purchased this busy business in 2007 and have built a strong trading foundation along with offering the property in excellent condition.

The business is extremely busy and is set in an enviable location offering an excellent business as well as a lovely ‘quality of life’ within a highly sought area.

We are advised turnover for y/e 03/19 is circa £580,000 (inc VAT) with a trade split of 55% food and 45% wet.

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: Sept 2019

ADDITIONAL IMAGES

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