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RENOWNED AND BEAUTIFULLY PRESENTED ‘FREE OF TIE’ COUNTRY INN WITH A SUPERB REPUTATION LOCATED IN THE DESIRABLE COUNTY OF DORSET, CLOSE TO BOURNEMOUTH AND POOLE

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  • Prominently situated with a main road position offering considerable passing trade.
  • Lovely Lounge Bar/Dining Room (circa 50) offering solid wood flooring, bar servery, flagstone floors and wood panelling along with excellent furnishings.
  • Fantastic Restaurant (circa 50) with carpeted flooring, log burner fireplace and doors to the garden.
  • Patio Terrace Area (circa 40 covers).
  • Spacious 3 Bedroom Living Accommodation.
  • Large Car Park and Commercial Kitchen.
  • Advised turnover circa £710,186 (incl. VAT) for year ending 07/19 with a trade split of 65% food and 35% wet.
  • Approx. 18 yrs remaining on a ‘Free of Tie’ Lease Agreement.
EXTREMELY BUSY AND RENOWNED BUSINESS FOR SALE ON A ‘FREE OF TIE’ LEASE


ASKING PRICE £125,000 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This beautifully presented and extremely busy Inn & Restaurant is prominently located on main road in South East Dorset, close to the Hampshire border.

This successful business sits within easy reach of both Poole and Bournemouth, two of the most visited seaside resorts in the UK with wonderful beaches and tourist attractions.

Also, close by is the stunning New Forest National Park attracting thousands of annual visitors with its beautiful countryside and access to the delightful South Coast.

THE PROPERTY

This renowned Detached Inn & Restaurant is of brick Construction, under a pitched tiled roof, occupying a main road position within an affluent village of Dorset.

The Lounge Bar/Dining Room (circa 50) is an inviting room with a large and attractive bar servery area as the central focus. The room also offers a mix of solid wood and flagstone flooring, wood panelling and quality furnishings.

The Restaurant (circa 50) is a stunning room, beautifully presented and benefitting from an excellent range of furnishings. This lovely area has carpeted flooring, bar servery area log burning fireplace, air conditioning and wood panelling.

Ladies and Gents W.C.’s + disabled facilities.

There is a good size Commercial Catering Kitchen with stainless steel appliances (not tested) and work surfaces along with a separate wash up and prep area and Walk in Fridge.

The Ground Floor Cellar offers a python and cooler system.

OWNERS ACCOMMODATION

The owner’s accommodation is situated on the 1st Floor and comprises of: Three Double Bedrooms, Lounge, Fully Fitted Kitchen and Bathroom.

EXTERNAL

To the rear and side of the property is a Patio Terrace Area offering seating for approximately 40 customers.

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

This business also benefits from a Garage and various Storage Sheds.

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:

7 days per week 9am – 2am

Current opening hours are:

Summer Hours:

7 days per week 11am – 11pm

Winter Hours:

Mon-Thurs 11am – 3pm and 5pm – 11pm

Sat –Sun 11am – 11pm

See pub website for current opening days/hours.

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 18 years remaining of the ‘Free of Tie’ full repairing and insuring, renewable agreement. We are advised that the inn is free of tie for all products. We are informed that the rent is currently £67,000 per annum to be reviewed in 2023. 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 LPG and all other mains services (no services seen or tested) and is heated by gas central heating. Business rates payable are advised as currently being circa £11,000 per annum.

THE BUSINESS

The business is offered for sale as a lease assignment with approximately 18 years remaining of the ‘Free of Tie’ full repairing and insuring, renewable agreement. We are advised that the inn is free of tie for all products. We are informed that the rent is currently £67,000 per annum to be reviewed in 2023. 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 LPG and all other mains services (no services seen or tested) and is heated by gas central heating. Business rates payable are advised as currently being circa £11,000 per annum.

ADDITIONAL IMAGES

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