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HIGHLY DESIRABLE AND WELL ESTABLISHED COUNTRY FREEHOUSE INN AND RESTAURANT IN A TRULY ENVIABLE LOCATION IN THE AFFLUENT VILLAGE OF COWLINGE, SUFFOLK

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Deposit Taken - Solicitors Instructed


  • Outstanding inn and restaurant dating back to 1643 set in a superb rural village location.
  • Traditional Bar (circa 30) full of olde’ worlde’ charm and character. Separate country style Dining Room (circa 24).
  • Games Room with pool table.
  • Fully Equipped Commercial Kitchen.
  • 2 Bedroom Owners Accommodation.
  • Highly impressive family Garden with wooden gazebo.
  • Patron’s Car Park.
  • Advised turnover circa £196,641 (incl.VAT) year end March 2019.
  • Trade split is approx 50% food; 50% wet.
A RARE OPPORTUNITY TO ACQUIRE THIS CHARMING AND POPULAR INN AND RESTAURANT IN AN IDYLIC LOCATION WITH FURTHER GROWTH POTENTIAL


ASKING PRICE £395,000 FREEHOLD TO INCLUDE FIXTURES & FITTINGS,AND GOODWILL, EXCLUDING S.A.V.

Location

This well appointed country inn and restaurant can be found in an enviable central position in the sought after and affluent village of Cowlinge, nestling approximately 8 miles south of Newmarket in rural Suffolk close to the A143. Cowlinge is a picturesque historical village with a population in excess of 500 and has an array of attractive and historical buildings including the medieval church of St Margaret. Whilst there are no local amenities in the village the market town of Newmarket, which offers an array of amenities such as shops, cafes, schools and leisure facilities etc including the world famous race course is only approximately 8 miles away and the bustling and vibrant large town of Bury St Edmunds is also in close proximity being only 14 miles away.

THE PROPERTY

Is a very attractive and eye catching building of brick construction under a pitched tiled roof dating back to 1643 and has been well maintained to a high standard throughout.

The Bar (circa 30) has a welcoming atmosphere full of charm and character with a wealth of exposed beams, large inglenook fireplace with multi burner, tiled floor, fully equipped wooden bar servery with real ale station and is stylishly furnished with chesterfield sofas and chairs and mis-matched country style furniture.

Dining Room (circa 24) is also of a country style with a feature vaulted ceiling with exposed beams, wood effect floor and is furnished with matching upholstered chairs and tables. As it is separate to the bar it can also be used for private functions.

Games Room also separate to the bar has exposed beams, tudor style walls, fully carpeted and currently houses a pool table.

Cellar which is located on the ground floor is well maintained.

Ladies & Gents WC which are in good decorative order and well maintained.

Catering Facilities There is a fully equipped Commercial Kitchen with stainless steel surfaces, 6 ring cooker, grill, stainless steel fridge and freezer storage, washing up and prep areas (equipment not tested).

OWNERS ACCOMMODATION

Located on the first floor and comprises of 2 double Bedrooms, Lounge and Bathroom.

EXTERNAL

There is an excellent family Garden mainly laid to lawn with trees, plants and shrubs and a superb wooden gazebo with decked floor.

Patron’s Car Park

For approximately 12 cars. It should be noted that there is an overflow Car Park for a further 8-10 cars which is on a rental agreement currently at £300.00 p.a.

There is also a large private Garden currently housing livestock – ie chickens.

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- Wed 10am to midnight

Thu-Sat 10am to 01.00am

Current opening hours are:

Mon-Tues Closed

Wed-Thurs 5.00pm to 11.00pm

Fri-Sat 5.00pm to midnight

Sun 12noon to 6pm

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). All mains services are connected with oil for heating and LPG Gas for cooking (no services tested). Business rates payable are advised as being Nil.

THE BUSINESS

Our vendor clients took over the business in 2006 and since then have built up an excellent reputation for quality home cooked food and a high level of hospitality, regularly achieving awards such as Trip Advisor Certificates of Excellence and Good Food award for Gastro Pub 2019. There is a regular and loyal local trade from

the village and surrounding area and this establishment is recognised as a popular food destination venue. Due to its excellent location it is also very popular with walkers and cyclists etc and hosts shooting parties, clay pigeon club and fishing club, whilst also enjoying the benefit of 3 pool teams and a crib team. With the versatile facilities it is an ideal venue for private functions such as family gatherings etc. The business is currently being run by the owners full time, part-time soux chef, 3 part-time waitresses and a part-time bar person. We are advised that accounts declare takings of circa £196,641 (inc. VAT) for year ending March 2019. Our vendor clients have now decided that they wish to retire.

There is real growth potential for new owner operators to build on this already successful business by extending the opening hours and to utilise the excellent outdoor facilities for festivals and family events etc.

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

The property was viewed by Geoff Bryan who would be delighted to discuss further details and can be contacted on 07887 571720.

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

Details prepared: October 2019

ADDITIONAL IMAGES

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