Bustling Traditional 19th Century Village Inn For Sale

Business description

A BUSTLING TRADITIONAL 19TH CENTURY VILLAGE INN SITUATED WITHIN THE AFFLUENT AND SOUGHT AFTER LOCATION OF UPPER SUNDON, BEDFORDSHIRE




Substantial 19th Century inn located in the affluent and sought after village of Upper Sundon, Bedfordshire.
Characterful Public Bar (circa 20+). Inviting L-shaped Lounge Bar (circa 50+) with a feature open fireplace.
Well equipped Commercial Catering Kitchen.
Impressive 3/4 bedroom owner's accommodation.
95% wet and 5% food. Undoubted potential with a well equipped trade kitchen.
Long Lease - 19 years remaining on renewable Punch Taverns lease.
Current sales circa £205,000 (incl. VAT).
Trading on dramatically reduced hours.
Solid foundation with superb potential to increase sales.


A SUPERB OPPORTUNITY TO PROCURE THIS 1ST CLASS WELL ESTABLISHED BUSINESS AND HOME WITH MASSIVE POTENTIAL AND A WONDERFUL QUALITY OF LIFE.


ASKING PRICE £49,950 LEASEHOLD TO INCLUDE FIXTURES AND FITTINGS, GOODWILL EXCLUDING S.A.V.


LOCATION
This delightful inn is situated in the beautiful and affluent county of Bedfordshire. Being located in the heart of the bustling village of Upper Sundon this wonderful traditional 19th Century inn can be easily reached from junction 11 of the M1 motorway with easy access links to the major motorways of the M1, A1(M), M11, and the M25 circular and the major international airports at Luton, Stanstead, Heathrow and Gatwick. This charming and characterful inn is well used and has an excellent level of repeat trade emanating from the surrounding catchment areas. Situated in this affluent and highly sought after location, it is well serviced by local schools, shops and amenities. A popular venue for local and commercial trade the inn also experiences excellent levels repeat trade especially from walkers and anglers coming from afar.

THE PROPERTY

This substantial inn is an attractive and highly impressive 2-storey detached property of brick construction under a pitched, tiled roof occupying a superb prominent position.



Main entrance at the front leading into the lobby with access to the Public Bar and Lounge Bar.

Lounge Bar (50+) being L-shaped is a good sized relaxing and inviting room having a return bar servery with a polished counter and a glass gantry above, a matching back fitting with a full range of trade optics and refrigerated bottle coolers (not tested). This is complimented by the fixed upholstered perimeter seating with a mix of loose polished tables and upholstered chairs. There is also a brick built open fireplace adding to the warm and inviting aspect of this lounge bar. Access to the W.C's, Beer Garden and Public Bar.

Public Bar (20+) is a good sized bright and airy room having a return bar servery counter which is complimented by the loose polished tables, upholstered chairs and upholstered stools. There is a pool table with lighting over, a bar football table, a darts throw, an AWP and a digital juke box. Access to the W.C's and Lounge Bar.

Ladies and Gents W.C's.

Ground Floor Cellar with delivery access, pythons x2, pumps and cooler.



Catering facilities include a well equipped commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested).

OWNER'S ACCOMMODATION

Situated on the 1st floor and briefly comprises: 3 good sized bedrooms, good sized lounge, office/bed 4, bathroom and separate W.C.

EXTERNAL

Beer Garden with timber benches/seating. There is a covered Designated Smoking Area. Patron’s car parking facilities for circa 20 cars. There is also an enclosed private courtyard area for the owners.

TRADING AND LICENSING

We are advised that the inn trades with the benefit of a Premises Licence (not seen) which permits the sale of alcohol during the hours of:

Monday - Thursday 11.00am - Midnight

Friday and Saturday 11.00am - 01.00am

Sunday Midday - 11.30pm

The current trading hours are as follows:

Monday - Friday 4.00pm - 11.30pm

Saturday Midday - 01.00am

Sunday Midday - 11.30pm

NB Important: Prospective purchasers should ensure that they gain the NCPLH Qualification in readiness for their intended operation of licensed premises. Guy Simmonds hold this 1 Day NCPLH Course every 2 weeks. Please telephone us to reserve your place or browse the training section of this site.

GENERAL REMARKS

We are advised that the inn benefits from all mains services and uses gas central heating (no services seen or tested). The business is offered for sale as a lease assignment with approximately 19 years remaining of the original Punch Taverns full repairing and insuring, renewable agreement. 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 and Tenant Act 1954. We understand that the lease is partially tied to draught beers, bottled beers, ciders and alcopops. Business rates payable are to be advised. Rent is currently £32,000 per annum reviewed in March 2013.

THE BUSINESS

This delightful village inn is currently run by our vendor clients as a husband and wife team on a full time hands-on basis and due to personal family circumstances have reluctantly decided to sell this superb business. Our vendor clients operate this well established inn with the assistance of 3 part time members of staff.

This charming and traditional inn is a successful and profitable business with the current owners having established a solid trading foundation yet still offers new enthusiastic owner operators plenty of scope to increase upon the sales by simply increasing the trading hours and expanding on the food side of the business. Trade split is approximately 95% wet and 5% food. Current sales circa £205,000 (incl.). In our opinion there is massive potential to increase the sales and would expect new fully focussed enthusiastic full time owner operators to achieve a turnover in excess of £250,000 (incl.).

This is a superb first time buyer’s business opportunity not to be missed!

Accounting information will be made available to interested parties after viewing.

Property information

Property:

Leasehold