8351F

• Imposing 18th century inn (not listed) located in affluent location with wide catchment areas.
• Traditional and inviting Lounge Bar (circa 45+), a welcoming Public Bar (circa 20+) and a versatile and multi-functional Conservatory Restaurant (circa 30+ covers).
• Well presented with a wealth of charm and character throughout. Open fire (currently unused), beamed ceilings, beamed walls and timber pillars.
• Good sized 3 double bedroomed living accommodation above trading premises.
• Superb & valuable modern 3 bedroomed bungalow, attractive lawn & pond and with lovely country views.
• Fully equipped Commercial Catering Kitchen.
• Brick Paved Terrace (circa 50) and Patron’s Car Park for circa 50 cars.
• Advised previous turnover circa £480,000 (incl. VAT).
• Trade split circa 25% wet and 75% food. Undoubted potential for catering/events orientated operators.
• Situated on a site of approximately 1.5 acres of land (not measured). Possible future development/change of use potential STPP.

Location

This superbly presented inn is situated in a highly sought after hamlet near Brentwood and Romford in the county of Essex and can be easily reached from the M25/M11 intersection. Situated within the commuter belt being relatively close to London and also having excellent road communications providing easy access to the M25, A1(M), A12 and the M1 motorways. Excellent location and extremely popular commuter area for the major motorways and airports. It is also within the catchment area of many similar affluent villages and towns which provide an excellent source of desirable trade. An enviable place to reside and a compelling trade opportunity.

THE PROPERTY

Main entrance at the front leading into the Lounge Bar.

Lounge Bar (circa 45+) is a delightful traditional and inviting room exuding a warm ambience; having a feature central brick built return bar servery with a solid polished counter having a back fitting with trade optics and refrigerated bottle coolers (not tested) which is complemented by a good range of solid polished tables, upholstered chairs, upholstered settles and upholstered perimeter seating. Adding to charm and character of the room is the feature brick built open fireplace (currently unused), the beamed ceiling, beamed walls and timber pillars. Access to the Public Bar.

Public Bar (circa 20+) is a welcoming room having a brick built return bar servery with a solid polished counter and is furnished with solid polished tables, upholstered chairs, upholstered settles and upholstered bar stools. The room also has a beamed ceiling and timber pillars. Access to the Conservatory Restaurant.

Restaurant (circa 30+ covers) offering versatility in its multi-functional usage for private parties and wakes etc and exudes a relaxing dining ambience and is well furnished with an excellent range of solid polished tables, upholstered chairs and upholstered settles.

Catering facilities include a good sized fully equipped commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested). There is also a Wash-up area and a walk-in fridge and freezer. There are also 2 Dry Goods Storerooms.

Ground Floor Cellar with delivery access, pumps, python, post mix and cooler.

Ladies and Gents W.C’s.

OWNERS ACCOMMODATION

Situated on the 1st floor, being of a good size, presented in good decorative order and briefly comprises: 3 double bedrooms (1 en-suite), lounge and bathroom.

LOVELY SEPARATE BUNGALOW (see photos)

There is also a modern contemporary bungalow in its own grounds with lawned area, pond and uninterrupted views. We are informed by the vendor client that this separate bungalow alone has a valuation of circa £600,000. Comprises of open plan kitchen/living room, bathroom and 3 double bedrooms (one en-suite). The modern bungalow is designed with a large internal space and sliding doors to expand onto the outside hard standing patio for large wedding venues in secluded landscaped gardens. Plenty of room for extra parking. This area is not licensed at present.

EXTERNAL

There is a good sized brick paved terrace at the front (circa 50) with timber picnic benches and Patron’s parking facilities for circa 50 cars. There is also a private driveway for several cars and a garage.

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 – Saturday – 11.00am – 11.00pm

Sunday – Midday – 10.30pm

Please check for current opening hours.

The opening hours (pre Covid) were as follows:

Monday – Wednesday – 11.00am – 10.30pm

Thursday – Saturday – 11.00am – 11.00pm

Sunday – Midday – 10.30pm

The business did not trade Mon-Sat between 3pm-5.30pm, hence massive further scope for new operators to exploit

GENERAL REMARKS

The property and business are being offered for sale freehold (although we have not had sight of the title deeds). We are advised that the inn benefits from all mains services with the exception of a treatment plant for sewerage (services not tested). Business rates payable are advised as being circa £28,296 per annum.

THE BUSINESS

Our vendor client operates this successful business as a ‘sole trader’ on a hands-off basis with the assistance of 3 full time and 7 part time/casual members of staff. (Pre Covid-19).

Previous trade was derived from circa 25% wet and 75% food sales. This turnover was achieved implementing a strict “No children” policy since 1970 and the business did not trade Mon-Sat between 3pm-5.30pm, hence massive further scope for new operators to exploit.

The venue provides immense scope for a new operator partnership with previous experience of running a catering/events orientated operation to take this business to even greater height by promoting weddings, private functions etc.

Advised previous turnover was circa £480,000 (incl. VAT). RARE OPPORTUNITY TO ACQUIRE CHARACTER MULTI-FACETED PREMISES WITH HUGE POTENTIAL IN SOUGHT AFTER LOCATION INCLUDING LOVELY SEPARATE DWELLING. OF INTEREST TO OPERATORS, ENTREPRENEURS, DEVELOPERS

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

Viewing appointments must be made by contacting Guy Simmonds at sales@guysimmonds.co.uk.

Details Updated : June 2020