Charming Town Centre Pub Restaurant In Wiltshire For Sale

Business description

Preferred Commercial is pleased to offer for sale this popular town centre public house which was established back in 1750 and which has been in our client's careful hands since 2002. The pub is only now being placed on the market due to our client's wish to emigrate. This traditional English pub offers alcohol, food and coffee and generates a turnover in the region of £341,000 per annum with a gross profit of 59% with a 70/30% wet/dry split. The business is popular with shoppers, who call in for a coffee in the mornings and benefits from a brisk lunch trade. Our client does not currently work in the business and a new owner with a hands-on approach could increase profitability. The premises benefit from a self-contained 3-bedroom apartment above and the public areas are full of charm and character. We feel this represents a rare opportunity to acquire a thriving town centre public house in such a delightful location. Early discussions with Preferred Commercial must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 11 years
Remaining: 8 years
Review: every 4 years
Rent: £36,500 per annum

Leasehold rent:

£36,500 per annum

Location:

The Four Seasons public house is ideally located in a parade of complementary shops and businesses, close to the market place in the very heart of the popular town of Devizes in Wiltshire. There is ample car parking in the area and the pub benefits from a high footfall. The historic town boasts over 50 listed buildings and an 11th century Norman castle. Devizes lies in the centre of Wiltshire, approximately 10 miles southeast of Chippenham and 11 east of Trowbridge. The town is easily accessed via the nearby A360, while the M4 motorway lies approximately 15 miles to the north.

Premises details:

Traditional English public house dating back to 1750, situated in the heart of the town centre. Briefly comprising:

Ground Floor
• Entrance lobby
• Large open-plan bar and restaurant with lounge area with leather sofas and coffee table, feature fireplace with a granite hearth, banquette seating and tables, exposed beams and timber wainscot panelling to walls, jukebox and coffee machine
• Long bar servery with panelled front and 18 points of dispense, 3 x double fronted under counter bottle chillers, 2 x electronic cash registers, glass washer, hand basin
• Raised area with wooden balustrade and tables and chairs for diners
• Ladies and gents WCs
• Commercial kitchen with griddle, hob, oven, 2 x deep fat fryers, extraction system and various preparation surfaces

First Floor
Owners' accommodation, briefly comprising:
• Lounge
• 3 x double bedrooms
• Family bathroom

External
• Split-level patio terrace to rear with picnic benches and large parasol

Energy Performance Rating:

D

Business Operation

Trading hours:

Mon - Fri: 10.30am - 1.00am
Sat: 10.30am - 1.30am
Sun: 12.00pm - 11.00pm

Other information

Energy Performance Certificate:

• 
• View EPC Graph for this property