Business for sale

Business description

Advent Business Sales are delighted to offer to the market this extremely well established and popular Cotswold country inn.

This Grade 2 listed public house dates back to 1891, with the current vendors having owned the pub for almost 1 year. They are reluctantly offering it for sale due to ill health.

The pub is tied with Enterprise, but is still able to have 3 pumps serving traditional ales and ciders, which are changed on a regular basis.

The pub benefits from having many loyal local customers as well as the large tourist numbers who explore the countryside by car and on foot.

The pub is in the process of having a total refit, paid for by Enterprise Inns, who want to restore it to ‘flagship’ status.

The exposed brick work and beams together with oak wooden floors and an attractive large open fire gives the pub a warm and friendly feeling.

The pub benefits from a 45 cover restaurant and has regular themed nights such as every Wednesday being a steak night. They have also had curry and Romanian evenings. In addition, they have live music and quiz nights with both events attracting good numbers. The pub also sponsors the local cricket team and both the men’s and ladies skittle teams.

The pub has an excellent commercial kitchen just off from the restaurant, it includes:
• 3 microwaves
• Twin fryer
• 6 ring gas burner with oven under
• Hot plate
• 3 upright freezers
• 2 chest and 1 upright fridge
• Dishwasher
• Range of stainless steel work units
• Full extraction unit

It also has non slip flooring throughout

There is a website available with the business

We are advised that stock at cost is approximately £4,000.
Ref: 9008GL
STAFF DETAILS
Husband & wife run the business along with
3 full time &2 part time @ 12hrs & 24 hrs

TRADING HOURS
Mon: 4.30pm – 11.00pm
Tues – Thurs: 12noon - 2.30pm &
4.30pm – 11.00pm
Fri & Sat: 12noon – 12midnight
Sun: 12noon – 10.30pm

EXPANSION POTENTIAL
This is clearly an exceptional pub but we believe there is still scope to increase both sales and profits further by:

1. Converting the function room/skittle alley to 4 holiday lets
2. Having a brown tourist board sign to advise passing traffic the way to the pub
3. Letting out some of the spare bedrooms
BUSINESS PREMISES
A very attractive Grade 2 listed public house currently undergoing a total refit, it briefly comprises of the following:
Ground Floor
. Entry from the pavement into the main and attractive servery with ‘L’ shaped bar
. Oak flooring, large open fireplace with copper canopy, exposed Cotswold stone brickwork, plasma tv, seating for approx 50
. Through to 45 cover restaurant with exposed Cotswold stone brickwork
. Fully fitted commercial kitchen off the restaurant
. Rear boiler room and dry stores
. Ground floor shower room, ladies & gents w/c off corridor from bar to restaurant
. Upstairs to function room/skittle alley, which will seat approx 80
. Beer garden with 4 benches and built in BBQ area
. Twin store rooms

First Floor
Private accommodation including:
• 3 double bedrooms
• Lounge
• Kitchen
• Bathroom
TENURE: Leasehold
Original lease: 5 years rolling
Remaining lease: 5 years
Review every: 5 years
Rent: £15,000 P.A. now rising to £27,000 after 1 year

We are advised that the annual business rates are currently: £1,335