Business for sale

Business description

Set in the idyllic village of llanfynydd, west wales this outstanding 18th century stone built village inn commands a beautiful rural setting surrounded by stunning scenery

A wonderfully located rural village inn with an abundance of untapped potential offering a new energetic owner an opportunity of a lifetime to own & develop a thriving business, offered at a most realistic asking price of £295,000 freehold to include fixtures and fittings, goodwill plus s.a.v.

*‘Lifestyle’ Sales of £70,000 Inc VAT y/e Mar ‘07 on 75% Wet 25% Dry split – potential to “treble” trade

*Contemporary internals with roaring log fires set in stone fireplaces – Restaurant (36), Lounge Bar (12 + vertical), Bar (10+ vertical).

*Well maintained owners accommodation with exposed stone walls and beamed ceilings and two fine letting rooms all to the first floor.

*Huge potential to exploit the local villages trade for this food destination hostelry with all the facilities in place to achieve the potential.

*Charming Front patio (20), side beer garden with bench seating and space to extend with patron car parking for 20 vehicles.

*Freehold providing an ideal private purchase where quality of lifestyle and superior home are a must, investment or corporate buy.

LOCATION (SA32 7TG)
Llanfynydd is a small village in Carmarthenshire, West Wales, a rural community with a great spirit, a wonderful little School, an ancient Church, two Chapels and two Pubs. The Farmers Arms being to the Southern edge attracts clientele from other local villages that do not have the luxury of a pub. The village is situated close to the edge of the Brecon Beacons National Park, and near the National Botanic Garden of Wales, the wonderfully restored Aberglasney Gardens, and many other attractions.

St Egwad’s Church dominates this small attractive village. The southern part of the church, and possibly the tower, date back to the 13th century, while the northern part was added in the 15th century. The church boasts an unusual sunken chancel and a fine wooden roof.
Many activities are available amongst this wonderful scenery from walking, relaxing by fishing , golf or even visit some of the wonderful beaches and ancient castles.

Only a matter of minutes away is the Brechfa mountain bike trail – one of the finest in Europe.

PROPERTY DESCRIPTION
This lovely property is of mainly stone construction with a render finish, the property benefiting from a concrete block extension some 12 years ago under pitched slate roofs facilitating the restaurant, new toilets and letting rooms.

You can feel the cosy and welcoming atmosphere created as you enter this idyllic village inn.

Restaurant (36+) traditional spindled back chairs and covered wooden tables set on patterned carpet flooring with an upright piano to one end and stone faced bar servery to the other. Diners can relax around the roaring stone built fire on the upholstered couch or rocking chair with an old oak chest to rest their drinks.

Lounge bar (12 + vertical) specially made heavy italian cherrywood tables & chairs sit upon the solid oak flooring surrounding the stone faced fire. Bar (10 + vertical) pew style benches and wooden tables adorn the quarry tile floor.

Central bar servery with polished timber top offering a full range of draught and bottled beers, wines and spirits. Ladies & gents toilets on the ground floor separate for the restaurant and bar areas are to a good standard.

Catering kitchen is fully equipped to a high standard including new glass washer, microwave and deep fat fryers.

LETTING ACCOMMODATION
Two well maintained letting rooms, one double and one twin, with an excellent shared bathroom. Each room is well appointed with coffee & tea making facilities, wash basin and colour TV.

OWNERS ACCOMMODATION
To the first floor comprising a nicely presented and furnished lounge, fitted kitchen, double bedroom currently used as an office, and a bathroom. The quaint main bedroom hosts fitted wardrobes, exposed stone wall and beamed ceiling.

EXTERNALS
During the summer months the building frontage is awash with seasonal bloom from the plethora of hanging baskets.

Concrete patio (22) with wooden tables and rockery overlook the village road and superb scenery beyond.

Side beer garden (18) with wooden picnic tables and a facility to extend to a lower tier. Private car parking for 20 vehicles.
Drying facilities for walkers and cyclists and lockup for bikes.

PREMISES LICENSES
We are advised that the premises license allows for 09.00 – 24.00 Mon-Sat, 12.00 – 22.30 Sun and the business currently trades 12.00 – 14.00, 18.30 – Close Tues-Sun. Closed all day Monday.

A personal license will be required and our training associates can assist with this for you.

TENURE
We are instructed to offer the property and business for sale as COMPLETELY FREEHOLD.

SERVICES
We are advised that business rates payable are circa £800 per annum and the inn benefits from mains electric, water and sewage with oil fired central heating and LPG used for cooking purposes.

THE BUSINESS
The Farmers Arms is an active community pub that enjoys good relations with the villagers hosting Darts & Dominoes and Tug of War teams, fortnightly quiz nights and monthly cabaret nights and car boot sales.

The business has been family owned for nearly 2 years but they now seek early retirement. The business has traded to suit their ‘lifestyle’ with no other staff employed.

We have accounts to y/e 31/3/07 with Sales of £70,823 inc vat and recon net profits circa £8000.

Without doubt there is tremendous opportunity to further grow the business with a slight change of focus on the food offerings and opening hours which would be expected of a new energetic owner. The locale is popular as a destination food experience and it would be reasonable to expect for Sales to more than treble.

Ref: W4376F