Village Pub
Business for sale
Asking Price:
£460,000
Turnover:
£160,104
Annual profit:
£48,031
Audited accounts:
Yes
Management accounts:
Yes
Business description
Probably the nicest country village pub on the market located at the heart of the affluent village of carlton minutes from medieval market bosworth in the leafy lanes of leicestershirea rare easy to run & enjoyable freehouse offered for the 1st time in 8 years due to retirement at an asking price of £460,000 freehold to include fixtures and fittings, goodwill plus s.a.v.
*“Gently” trading at £160,104 inc vat 100% Wet sales – 54% GP – 200+ Beer Barrels – handsome Net Profits – just crying out for introduction of food.
*“Sparkling” relaxed cosy “through” lounge bar & snug (40+ standing) with welcoming log fire – conservatory (20) with sweeping country view.
*Beer garden plus smokers solution – car park 18 – 2 private garages.
*Outstanding locale of international historic interest and “Merry ole England”.
*Comfortable “cottagie” 3 bedroomed owners accommodation.
*Ideal purchase for pubco or decerning private owner/investor.
LOCATION ( CV13 ODB )
The borders of the shires of warwick and leicester are part of england’s pleasant and green pastures with the village of carlton and market town of market bosworth “emblematic” of the passion for “timeless living” and “medieval reality”, an area of sustainable prosperity. Historically this is amongst the most significant locations within the uk with “bosworth field” minutes away , the battlefield where in 1485 richard iii was defeated by henry tudor , the earl of richmond, in the last battle of the war of the roses, giving way to the modernisation of england and the tudor period.
Dating back in history to when it was a roman settlement the versinity has always played an important part in our history books. It was king edward 1 who gave the town its royal charter allowing markets every wednesday and a three day fair at the feast of st peter & st paul. During the english civil war the town was used as a post for the local garrison and saw much rowdiness with imbibing, dining and wenching within the towns, local villages and hamlets taverns and ale houses. The towns famous grammar school built in 1593 had a famous usher by the name of dr johnson, the school, one of 3 in the town, is a renowned seat of learning even today.
It is a positive magnet for tourists from all over the globe and one of the most favoured residential locales in the country. Other local places of interest include the steam railway line, twycross zoo, ashby de la zouch castle, the canal system, many golf courses with a new course currently under construction and much much more. The lovely old pub is located on barton road within the village of carlton , directly north of bosworth and is sign posted off the a443. In all a most special place to live & work.
PROPERTY DESCRIPTION
A most impressive old country pub standing detached backing onto rolling countryside, of local brick construction under pitched welsh slate roofs. Enter from the car park over the beer garden or by way of front entrance into a most favoured “watering hole” and be impressed by “sparkling” hand beer pumps and polished glass trays adorning the bar counter and reflected throughout this much loved place.
The main bar and snug (40+ standing) are furnished to traditional standards with fixed seating to panelled windows along with “mates” chairs to polished timber tables and high stools to chat at the bar servery. There is a cheery open fire to the lounge and a log burner providing warmth to the snug area. A carpet is fitted throughout and patterned curtains to the windows.
The conservatory (20) has been added to the rear of the property offering sweeping views over the historic farmlands. Bar servery is of banded timber construction with polished counter top housing the real ale wickets. The back fittings provide merchandising for spirits etc. Beer cellar is set deep below the pub and is ideal for the keeping of real ale. Well presented ladies & gents are off the conservatory.
OWNERS ACCOMMODATION
The owners home is over two floors. On the ground floor, behind the bar servery, is a fully fitted kitchen with dining space, then a private living room. ( these could be added into the public areas if required). To the 1st floor 3 smashing bedrooms or 2 bedrooms and lounge with impressive country views, then the shower room and wc. A real family home and business together.
EXTERNALS
The business benefits from a BEER GARDEN (40) with timber benches and family play area and running to the side of the conservatory further area used as garden. Car parking is provided for around 18 vehicles. Two garages are to the far side of the property. A heated smokers shelter is proved to the rear side of the pub.
PREMISES LICENSES
We are advised that the business has a Premises License for trading from 11am till Midnight with 1am Friday & Saturday and 11pm Sunday. Actual opening hours run from 12 midday till 3pm & 6pm till 11pm Monday till Saturday( Midnight Fri/Sat) and 12 till 3pm and 7pm till 11pm Sunday. This allows plenty of future opportunity to capitalise on extra permitted opening hours if required. A personal license will be required and our training associates can assist with this for you along with other licensed retail training inc BII courses
TENURE
We are instructed to offer the property and business for sale as TOTALLY FREEHOLD .
SERVICES
We are advised that the business benefits from mains water, electric, sewage with night storage heaters. Business rates payable are £2,828pa ( inc water)
THE BUSINESS
Our client has instructed GA-SELECT to offer the business for sale having owned and run the business for 8 years and are now retiring to their cottage in the Highlands of Scotland. Potential buyers are asked to see “beyond” the current trading position which shows for y/e July 07 Sales of £160,104 inc vat 100% Wet sales and a GP of 54% with a beer barrelage of 200 plus comp.
Our clients do offer travellers who call in the opportunity of a roll or sandwich if required and on most Saturdays provide a salad bar and light snacks on an informal arrangement. Our clients have led a most enjoyable lead into retirement at the pub and it will be obvious to any viewer that the potential of the site is overwhelming and the introduction of a food offer will enhance the total income of the business by at least a multiple of two including ancinary sales. Without doubt this pub could see annual sales grow to above £300,000.
Current Net Profits run to just below 30% of net sales ie circa £37,000 with the potential of close to £100,000 with a new energetic focused owner.
An opportunity waiting to happen – let it be yours.
Ref: G4422F
