Country Inn And Restaurant In Cambridgeshire For Sale

Business description

Preferred Commercial is delighted to offer for sale this country inn and restaurant, which was established in 1800 and which has been in our clients' careful hands since 1976. The business is only now being placed on the market due to our clients' wish to retire. The business generates a turnover in the region of £700,000 per annum with a gross profit of 53% derived from the sale of alcoholic beverages in the public bar and from meals in the popular 125 cover restaurant. The front half of the property dates back to the 17th century with later additions to the rear, but finished in keeping. The traditional property boasts a wealth of original features from fireplaces to beams, and has a unique atmosphere. There is 6 bedroom owners' accommodation along with a staff flat, roof garden and 2 double garages. A new owner could increase the already healthy turnover further by letting out some of the rooms and perhaps converting the garages into letting accommodation. There is also potential to extend the opening hours during the week as the business closes as 2.30pm. We feel the business would also benefit from additional promotion for functions, weddings and parties. We feel this represents an ideal opportunity to acquire a well renowned and thriving country inn and restaurant with scope for further growth. Early discussions with Preferred Commercial must come highly recommended.

Property information

Property:

Freehold

Location:

The King William IV occupies spacious detached premises in a prominent location in the rural village of Heydon in Cambridgeshire. Heydon is an affluent village close to Royston and is surrounded by beautiful countryside. The village benefits from a Post Office, local shops and a church. The popular market town of Royston and all of its amenities, lies approximately 7.5 miles away, while the city of Cambridge lies approximately 13 miles away to the north. The area is easily accessible with junction 10 of the M11 motorway just 5 miles away.

Premises details:

Substantial character country inn and restaurant with 6 bedroom owners' accommodation, staff flat and 125 cover restaurant. Briefly comprising:

Ground Floor
• Open-plan restaurant, bar and snug area, sectioned off with character beams and half walls, offering a total of 125 covers, large open fire with seating area, some tables hung from beams attached by chains, bar with feature frontage, originally carvings from Euston Station, 16 points of dispense (6 real ale and 10 keg), 2-door drinks chiller, optics display, wine chiller, glass washer, ice machine and electronic cash register
• Cellar fitted to suit trade with chiller system
• Well-equipped commercial kitchen with 2 x 6-burner hobs and ovens, 2 x double fryers, char griddle, grill, combi oven, 3 x microwave ovens, dishwasher, double bowl stainless steel commercial sink, stainless steel preparation surfaces, 3-door under counter refrigerator, 2-door hot cupboard, single bowl stainless steel sink, ice cream freezer, 2 x 2-door refrigerators, hand wash basin and hand dryer
• Staff WC
• Ladies WCs
• Gents WCs

First Floor
• Double bedroom
• Laundry room with 2 x washing machines
• Double bedroom with en-suite shower WC and wash basin
• 2 x single bedrooms
• Bathroom with Bath, WC and wash basin
• Large double bedroom with fitted wardrobes
• Large double bedroom with roof terrace
• Manager's flat with double bedroom, lounge, kitchen, dining room, shower room and roof terrace/garden

External
• Garage block with 2 x double garages used for storage, dry store with upright refrigerators, small refrigerator, small chest freezer, 3 x large chest freezers, walk-in cold store, racking and shelving to suit
• Very large car park and grassed overspill area
• Smoking area with tables and chairs
• Garden area next to restaurant, laid mainly to lawn and with bench seating

Business Operation

Trading hours:

Mon - Fri: 12.00pm - 2.30pm
Sat: 12.00pm - 12.00am
Sun: 12.00pm - 11.00pm