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UNIQUE STYLISH AND UNOPPOSED ‘FREE OF TIE’ BAR AND BISTRO FOR SALE WITH STUNNING 50 COVER RESTAURANT LOCATED IN THE HIGHLY AFFLUENT RURAL STAFFORDSHIRE VILLAGE OF STOWE-BY-CHARTLEY

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  • Stunning rural Staffordshire countryside location an equidistant 7 miles from Stafford, Rugeley, Stone and Uttoxeter and only a short drive from the A50.
  • Bar area (circa 20+) with exposed wooden ceiling and wall beams, exposed brickwork and a log effect stove.
  • Stylish and very well-presented open plan Bistro Restaurant (50 covers) set over 3 levels with an attractive feature hand painted ceiling and feature ‘cricket match’ wall mural, exposed wooden beams and exposed brickwork.
  • Fully equipped Commercial Kitchen with 5* EHO rating.
  • 1 double bedroom/bedsit Owners’ Accommodation.
  • Delightful Patio Areas to the front and rear; Patron’s Car Park.
  • Advised current turnover tracking at circa £3,000 (incl. VAT) per week – trading on reduced hours -Previously traded at a much higher level and could do again with the right operator.
  • Trade 65% Food: 35% Wet.
  • Brand new totally ‘Free of Tie’ and privately owned renewable lease.
  • Current business with excellent Trip Advisor & social media reviews.
A FANTASTIC OPPORTUNITY TO ACQUIRE A BRAND NEW ‘FREE OF TIE’ LEASE IN A STUNNING LOCATION AVAILABLE FOR THE FIRST TIME IN OVER 16 YEARS


ASKING PRICE £25,000 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, BENEFIT OF LEASE, EXCLUDING S.A.V.

Location

This delightful property is located in the highly affluent Staffordshire village of Stowe-by-Chartley only 7 miles equidistant from Stafford, Rugeley, Stone and Uttoxeter. The property sits in the heart of the village directly opposite the beautiful village church and is surrounded by other affluent and attractive villages, rambler routes and stunning rural countryside. Nearby points of interest include the famous Shugborough working estate and Amerton Farm and Craft Centre. The famous tourist magnet Alton Towers Theme Park, the Cathedral City of Lichfield and Cannock Chase are also within easy reach. The nearby road and motorway networks are excellent with the M6, A50, A38 and A34 all close by.

THE PROPERTY

This delightful unopposed Bistro & Inn is of brick construction sitting under a pitched, tiled roof. The property, with parts dating back to the 15th Century, occupies a prominent position on the main road running through the village. Entrance porches to the front and side provide access to the trading areas. These consist of:

Bar Area (circa 20) is a characterful room bursting with warmth and rustic charm. Loose tables, chairs, stools and fixed perimeter bench pews all sit on a fully carpeted floor complimented by exposed wooden beams to the ceiling and walls. To one side of the room is a log effect stove fire set with an exposed brick surround. There is also a bar server of hardwood construction with 2 cask ales on offer and a separate glass wash area leads off behind.

Bistro/Restaurant (circa 50 covers) is a delightful area designed on the theme of a cricket pavilion and has a charmed and relaxed atmosphere with plenty to look at. The Bistro/Restaurant is set over 3 ‘open plan’ interlinked levels running across the ground floor, the balcony and what is known as ‘the Gods’. All areas are overlooked by each other and sit beneath a beautiful, eye-catching hand painted ceiling and ‘cricket match’ mural. Loose cloth covered tables and assorted dining chairs all sit on areas of wood and carpeted floor and are complimented by areas of wood panelled walls, exposed wooden beams and exposed brickwork.

Ladies and Gents W.C.’s.

There is a fully equipped Commercial Catering Kitchen with 5* EHO rating and stainless-steel appliances and surfaces (appliances not tested). There is also a separate pot wash, dry store, fridge/freezer and bottle store area.

Partially below ground floor Cellar with 4 cask tilts, python, remote and cooler.

OWNERS ACCOMMODATION

The owner’s/managers accommodation is situated on the 1st floor and briefly comprises: 1 large bedroom / lounge / kitchenette and shower room/W.C. This could be enlarged if required with the approval of the owner who owns the adjacent property.

EXTERNAL

To the front of the property is a ‘sun trap’ hard standing patio area (c10+) with wooden tables and benches set around a lovely blooming fuchsia bush creating a lovely relaxing area to sit and admire the village church and watch the world go by. To the rear of the property is an enclosed slabbed and gravel patio area with wooden picnic benches and aluminium bistro style tables and chairs (c20+). Also, to the rear of the property is the large Patron’s Car Park and overflow providing spaces for circa 26+ 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:

Mon- Sun 10am to 1am

Current opening hours are:

Mon - Tues 6pm to 11pm

Weds - Sat 12noon to 2.30pm

Weds - Sat 6pm to 11pm

Sunday 12noon to 3pm

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 new highly favourable 10-year Private FRI Lease Agreement.

The asking premium will be £25,000.

The initial annual rent will be £15,000

The annual rental is simply RPI linked to inflation every 3 years, hence no market rent reviews.

Rent payable monthly in advance.

Deposit equivalent of 3 month’s rent.

Lease assignable after initial 2-year period.

Free of all brewery and supply ties.

Each party responsible for own legal costs relating to the transaction.

Satisfactory references will be required on behalf of our vendor client.

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 (services not tested). Utility costs are shared between the owner/freeholder and the lessee on an agreed and fair maintainable basis. Business rates payable are advised as currently being £NIL per annum.

THE BUSINESS

Our vendor client purchased the freehold property in 1986 and following a long period of running the business himself has since leased the property out on a free of tie basis for the past 16+ years. The business has been run as a highly successful French Bar/Bistro with a strong trading reputation offering a quality traditional style French cuisine set in fabulous stylish surroundings but with a traditional country pub atmosphere. This has attracted exceptional reviews on Trip Advisor and social media whilst winning awards along the way. The business is currently operated by our vendors’ general manager assisted by c3 full and c7 part time/casual staff. Our vendor client is looking to further lease the property due to the retirement from the business of the previous long-standing lessee who wishes to take life at a more leisurely pace. We are advised that the business currently tracks at c£3,000 (inc VAT) per week achieved on a trade split of 65% Food sales and 35% Wet sales. Historically this business has achieved a much higher turnover than this and accounts up to 2018 will be made available. This legendary business still provides opportunity for new owners to put their personal stamp on it. New owners could continue to operate the business using the same current successful formula or take the business to the next level. In our opinion this could be achieved by taking advantage of extending the opening hours and maybe the introduction of a ’Fine Dining’ offer of which there is very little competition in the local area. This business would ideally suit a hands-on operator/couple with experience of working in a similar hospitality environment. This business does not necessarily have to remain as a French Bistro and could easily be adapted to accommodate an alternative theme or world cuisine offer. Accounting information will be made available to interested parties after viewing.

This business 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 by contacting Guy Simmonds on 01332 865112.

Details prepared March 2020

ADDITIONAL IMAGES

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