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IMPRESSIVE 19th CENTURY GRADE II LISTED TRADITIONAL INN FOR SALE, AVAILABLE FOR THE 1st TIME IN 12 YEARS SITUATED IN THE AFFLUENT AND QUINTESSENTIAL BEDFORDSHIRE PARISH TOWN OF AMPTHILL

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  • Wonderful 19th Century Inn located in the prime location of Ampthill.
  • Welcoming and traditional Public Bar (circa 20+), inviting Lounge Bar (circa 15+), a versatile Games Room (circa 20+) and a Function Room (circa 30).
  • Wealth of charm and character throughout exuding a warm and welcoming ambience.
  • Good sized 2 Bedroomed Owner’s Accommodation.
  • Kitchen equipped with catering appliances.
  • Beer Garden and Patron’s Car Park for circa 15 cars.
  • Advised turnover for YE June 2019 circa £217,000 (incl. VAT). Current sales consistent with 2019.
  • Trade derived from 100% wet sales. Immense potential for catering/events orientated operators.
  • Charles Wells partially tied renewable lease.
AN AMAZING OPPORTUNITY TO ACQUIRE THIS SOLID AND EXTREMELY WELL ESTABLISHED BUSINESS AND HOME OFFERING UNTOLD GROWTH POTENTIAL AND A WONDERFUL QUALITY OF LIFE IN AN ENVIABLE LOCALE


ASKING PRICE £70,000 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This outstanding business is situated in the highly sought after and affluent parish town of Ampthill in the beautiful county of Bedfordshire and can be easily reached from junction 13 of the M1 motorway. Being situated near Milton Keynes and Bedford and also within easy access to the M1, A1(M), M11 and the M25 makes this highly desirable location an extremely popular commuter area for the major motorways and the major international airports of Luton, Stansted and Heathrow. This superb inn is ideally situated and attracts a desirable clientele emanating from the nearby surrounding towns, villages and larger catchment areas and has an excellent level of repeat trade and is well serviced by local schools, shops and amenities. A compelling business opportunity and an enviable place to reside.

THE PROPERTY

This traditional village inn exudes a lovely cosy ambience and epitomises a typical English inn.

Main entrance at the front leading into the Lounge Bar.

Lounge Bar (circa 15+) being a lovely traditional room exuding an inviting and relaxing ambience. Having a feature return bar servery with a solid polished counter and a matching back fitting with trade optics complemented by a solid polished oak table, fixed upholstered perimeter seating, upholstered mini stools and upholstered bar chairs. Adding to the charm and character of the room is the feature brick built open fireplace. Access to the Public Bar.

Public Bar (circa 20+) is an atmospheric room exuding a lovely welcoming ambience. Having a feature return bar servery with a solid polished counter and a matching back fitting with trade optics and refrigerated bottle coolers (not tested) which is complemented by solid polished oak tables, fixed upholstered perimeter seating, upholstered stools and upholstered bar chairs. Adding to the charm and character of the room is the feature brick built open fireplace. Access to the Games Room.

Games Room (circa 20+) is a versatile room having a return bar hatch/counter and is furnished with upholstered bar stools and bench style seating. There is a pool table with lighting over and a darts throw. There is also a brick built open fire and a solid oak floor. Access to the Beer Garden.

Function Room (circa 30) offering versatility and multi-functional usage, ideal for private functions and private parties etc.

Kitchen equipped with catering appliances (not tested).

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

Ladies and Gents W.C’s

OWNERS ACCOMMODATION

Situated on the 1st floor; being of a good size and briefly comprises: 2 bedrooms, lounge and bathroom.

EXTERNAL

There is a good sized lawned Beer Garden at the rear with timber picnic benches. There is also a timber decked terrace and covered seating area furnished with timber picnic benches. There is also a children’s play area.

There is also a Barn used for storage with a Function Room at one end.

Patron’s Car Parking facilities for circa 15 cars.

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:

Sunday – Thursday – 10.00am – 11.30am

Friday & Saturday – 10.00am – Midnight

The current opening hours are as follows:

Monday – 3.00pm – 11.00pm

Tuesday – Thursday – Midday – 11.30pm

Friday & Saturday – Midday – Midnight

Sunday – Midday – 10.30pm

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 4 years remaining of the Charles Wells full repairing and insuring, renewable agreement. We are advised that the inn is partially tied to draught and bottled beers ONLY. We are informed that the rent is currently £32,500 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 all mains services. (no services seen or tested). Business rates payable are advised as currently being circa £7,400 per annum.

THE BUSINESS

Our vendor client operates this excellent business as a ‘sole trader’ on a full time basis with the assistance of 6/7 part time/casual staff. Trade is currently derived from 100% wet sales, thereby providing tremendous scope for a new hands-on owner operator partnership with previous experience of running a catering/events orientated operation to elevate this business to the next level by introducing a decent food offering and by also focussing on a strategic marketing campaign to promote the diversity of the premises to cater for wakes, private parties and events etc. This is truly an extremely rare and outstanding opportunity for those seeking a lifestyle change or an alternative career from the stress and strife of the City or even as an additional income stream whilst commuting.

Advised turnover for YE June 2019 circa £217,000 (incl. VAT). This delightful inn is a well-established and successful business and in our opinion with the above areas of potential we would quite easily expect a fully focussed and fully committed operator to achieve a turnover well in excess of £275,000 (incl. VAT).

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 Prepared: February 2020

ADDITIONAL IMAGES

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