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SUPERBLY PRESENTED AND RENOWNED FREEHOLD COUNTRY INN & RESTAURANT FOR SALE LOCATED IN THE VILLAGE OF WEST OVERTON, 3 MILES FROM THE AFFLUENT TOWN OF MARLBOROUGH, WILTS

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  • Prominently positioned on the A4 road through West Overton and close to the town of Marlborough.
  • Beautiful Restaurant (circa 40) with solid wood floors, beams, fireplace and exposed stone walls.
  • Lovely Lounge Bar/Dining Area (circa 40) offering wood floors, log burner, bar servery and beams.
  • Intimate Private Dining Room (circa 12).
  • Potential for 10 Letting Bedroom (STPP).
  • 2 Bedroom Living Accommodation.
  • Wonderful Patio Terrace Area with seating for 60 and Large Car Park for 40 cars.
  • Advised turnover for y/e 03/19 was £582,136 (inc VAT) with trade split of 40% wet and 60% food.
A RARE OPPORTUNITY TO ACQUIRE A THRIVING FREEHOLD INN AND RESTAURANT LOCATED CLOSE TO THE DESIRABLE TOWN OF MARLBOROUGH


ASKING PRICE £795,000 + VAT FREEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This wonderfully presented gastro style Village Inn and Restaurant is located on the main A4 road within the village of West Overton.

West Overton is a village and civil parish in the English county of Wiltshire, about 3 miles west of Marlborough.

The parish borders the Fyfield Parish and extends on to the Marlborough Downs.

The sought after town of Marlborough is 3 miles away and offers an excellent range of national and local shops, amenities and excellent schooling.

THE PROPERTY

This beautifully presented Freehold Village Inn and Restaurant is of local stone construction, with painted walls, under a pitched, tiled roof, occupying an excellent village location within West Overton, on the main A4 road.

The Restaurant (circa 40) is a stunning room full of character and offers a lovely dining experience with a warm and friendly feel.

The room benefits from solid wood floors, beamed ceilings, feature fireplace, exposed stone walls, wood panels and a bar servery.

The Lounge Bar/Dining Area (circa 40) is a well presented room benefitting from solid wood floors, log burning fireplace, wood panelling, beams, bar servery and exposed stone walls.

The Private Dining Room (circa 12) is ideal for small private parties, family dining or meetings.

Ladies and Gents W.C.s + disabled facilites.

There is a very well-equipped Commercial Catering Kitchen with stainless steel appliances (not tested) and work surfaces along with a separate wash up area.

The Lower Ground Floor Beer Cellar has coolers and a python system.

OWNERS ACCOMMODATION

The owner’s accommodation is situated on the 1st floor and briefly comprises: Two Double Bedrooms, Large Lounge, Fitted Kitchen and Bathroom.

EXTERNAL

To the rear of the property is a delightful and secluded Patio Terrace Area with seating for approx. 60 customers.

To the side is a Large Car Park for 40 cars.

Our vendors have had initial discussions with the local authorities in regards to an additional building offering 10 Letting Bedrooms……this would be (STPP).

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 – Thursday 11am – Midnight

Fri – Sat 11am – 2am

Current opening hours are:

Monday Closed

Tues – Sat Midday – 3pm, 6pm – 11pm

Sunday Midday – 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).

We are advised that the inn benefits from LPG and all other mains services and uses gas central heating (services not tested).

Business rates payable are advised as being £2,300 per annum.

THE BUSINESS

The current owners purchased the property in 2010 and following a full refurbishment re-opened the business in September 2010.

The property is presented to a very high standard and is a thriving business which benefits from a renowned reputation in the local area.

Our vendors have run the property under management and therefore still offers further scope to increase trade along with the potential to add letting bedrooms if the new owner desires.

We are advised that declared turnover for y/e 03/19 is £582,136 (inc VAT) with a trade split of 40% wet and 60% food and the turnover continues to grow.

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: Feb 2020

ADDITIONAL IMAGES

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