8347F

SUBSTANTIAL FREEHOLD INN FOR SALE WITH APPROVED PLANNING PERMISSION FOR ALTERNATIVE USE SITTING ON A LARGE PLOT IN THE VILLAGE OF SILVERDALE CLOSE TO NEWCASTLE-UNDER-LYME IN STAFFORDSHIRE

8347F


  • Set amongst populous residential terraced housing close to Stoke on Trent, 2 colleges and Keele University and with easy access to the M6 motorway.
  • Lounge-Bar (c80+ plus standing – 120 occupancy) with exposed wooden beams and stonework.
  • Restaurant/Multi-use Room (c30+ plus standing) with exposed wooden ceiling beams and bar server.
  • Spacious and enclosed rear grassed elevated garden area with heated and lit smoking solution.
  • Ground floor commercial catering kitchen (Unused).
  • Substantial 3-bedroom owners’ accommodation.
  • Advised annual turnover TBC.
  • 100% Wet sales trading on limited opening hours (Lifestyle choice).
  • PP granted for alternative use allowing conversion to 1 residential dwelling. Other options would be considered (STPP). Planning Reference: 19/00173/FUL
  • A genuine ill health and retirement sale.
A FANTASTIC OPPORTUNITY TO PURCHASE A SUBSTANTIAL FREEHOLD INN WITH PP APPROVED FOR ALTERNATIVE USE AVAILABLE FOR THE 1st TIME IN 22 YEARS


ASKING PRICE £165,000 FREEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This substantial property is located in the village of Silverdale to the west of the bustling and popular Staffordshire market town of Newcastle-under-Lyme. Set amidst densely populated terraced housing with local shops and colleges nearby this property provides many alternative opportunities. Nearby points of interest include the famous Potteries town of Stoke on Trent, Keele University, Trentham Gardens and Trentham Monkey Forest. The beautiful Staffordshire moorlands and the town of Stafford are also only a short drive away. The nearby road networks are very good and the M6 is within easy reach as is the A52 and A34.

THE PROPERTY

The substantial property sits on a good-sized plot and is of rendered brick construction sitting under a pitched tiled roof. A small entrance porch to the front provides access to the open plan trading area. This consists of:

Lounge-Bar (c80+ plus standing–120 occupancy) is a quaint and charming room with loose tables and stools complimented by upholstered perimeter bench seating all sitting on a fully carpeted floor. Exposed wooden beams to the ceiling look down on an attractive central horseshoe shaped bar server of wood construction with exposed brick and ceramic tiled trim and 1 popular cask ale on offer. The room also has an exposed stone-built fireplace with built in gas fire, pool table, SWP, table skittles, darts throw and a wall mounted HDTV. Leads through to:

Restaurant/Multi-use room (c30+ covers) has loose tables and chairs all sitting on a fully carpeted floor beneath exposed wooden beams to the ceiling and able to be laid out to suit the occasion. This multi-use room was previously used as a restaurant however due to ill health of the owners is no longer used for this purpose. It now simply holds only team events and small parties (i.e. funeral/wedding/birthday), has 2 x darts throws and a wooden bar server with a quarry tiled trim to one end.

There is a commercial catering kitchen with stainless-steel surfaces and minimal appliances (equipment not tested). This area is currently unused for commercial catering and used only for team food/buffets however holds a 5* EHO rating and is ready to use if so desired.

Ground floor beer cellar with remote, python and pumps etc.

Ladies & Gents WC’s.

Internal & External CCTV.

OWNERS ACCOMMODATION

The substantial owner’s accommodation is located on the 1st floor and briefly consists of: 3 double bedrooms, a large Lounge, kitchen and bathroom.

EXTERNAL

To the rear of the property is a spacious L-shaped enclosed and elevated grassed garden area with slabbed patio and wooden picnic benches. There is also a heated and lit smoking solution. There is no parking for this business however on street parking is readily available to the front of the property.

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 - Thurs 11am to 11.30pm

Fri - Sat 11am to midnight

Current opening hours are:

Mon – Sat 6.45pm to 11pm

Sunday 12noon/3pm, 6.45pm/11pm

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). We are advised that the property benefits from all main supplies and that the relevant services are connected (no services tested). Business rates payable are advised as currently being £NIL per annum.

THE BUSINESS

The current owners purchased the freehold of the property in 1998 and over the past 22 years have operated the business whilst being supported by a loyal, repeat and desirable clientele. After many years within the industry our vendor clients are now looking to retire due to ill health and in order to be able to take life at a more leisurely pace. The business is currently run by the owners themselves assisted by 1 part time member of staff. Currently run as a lifestyle choice operating on limited trading hours and with 100% wet sales, the business plays host to pool, dominoes, crib and darts teams. It also provides a weekly ‘fun’ quiz and open the box. Small parties are also provided for in the restaurant area as and when required. In our opinion this property would be more suitable for alternative use either with the PP already granted or by exploring other opportunities that would be considered (STPP). The current granted PP (Reference No: 19/00173/FUL) is to create 1 dwelling however if an operator wished to continue to trade the property as a pub this is also an available option.

Any accounting information will be made available to interested parties only after viewing. The property was viewed by Richard Fletcher who would be delighted to discuss further details and can be contacted on 07527 718400.

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

Details prepared January 2020

ADDITIONAL IMAGES

8347F

8347F

8347F

8347F

8347F

8347F

8347F

8347F