Freehold Village Inn In The Affluent Village Of Piddington For Sale

Business description

ATTRACTIVE, UNOPPOSED AND HIGHLY DESIRABLE FREEHOLD VILLAGE INN LOCATED IN THE AFFLUENT THAMES VALLEY VILLAGE OF PIDDINGTON, OXFORDSHIRE




Wonderful Oxfordshire village location set in the heart of Piddington benefitting from being the only Inn within the village.
Delightful lounge bar (circa 16) with tiled and carpeted flooring, lovely bar server and leather sofas.
Restaurant (circa 35 covers) offering a fantastic feature open fireplace and quality carpeted flooring.
2 ensuite double letting bedrooms offering huge scope.
2 bedroom living accommodation.
Fully refurbished trading areas.
Unique opportunity to acquire Oxfordshire Freehold property with excellent potential.
Trade split 60% food, 40% wet.
Current sales averaging £1,750 per week with huge potential to increase on all aspects of the business.


CHANCE OF A LIFETIME TO ACQUIRE HIGHLY DESIRABLE FREEHOLD INN.


ASKING PRICE £449,950 FREEHOLD TO INCLUDE FIXTURES AND FITTINGS, GOODWILL, EXCLUDING S.A.V.


LOCATION
This stunning, unopposed and fully refurbished property is nestled within the quaint and picturesque village of Piddington, Oxfordshire.

The affluent parish of Piddington lies at the foot of Muswell Hill on the Oxfordshire/Buckinghamshire border, about 5 miles south east of the Oxfordshire market town of Bicester and 12 miles north east of the ever popular University City of Oxford.

This delightful business benefits from being the only amenity within the village.

Muswell Hill is very popular with ramblers and cyclists alike and enjoys many visitors all year round.

The market town of Bicester has all the facilities of a large town along with the railway station offering a direct route to London.

THE PROPERTY

The building is brick built from under a pitched tiled roof and occupies and enviable location in the centre of the village.



Lounge Bar (circa 16) is a very pleasant area that has benefitted from being fully refurbished over the past 9 months and has a lovely bar servery area along with leather furniture.

Access to W.C's, garden and restaurant area.

Restaurant (circa 35) is very much in character with the lounge bar being fully refurbished and offers a splendid dining experience benefitting from new and high quality furnishings.

Access to kitchen and lounge bar.



Ladies and Gents W.C's.

Fully Equipped Commercial Catering Kitchen with stainless steel appliances (not tested) and preparation areas offering ample space for all the catering needs.

Ground Floor Cellar with pumps, racks, python and cooler.

Separate entrance from outside the property offering easy access for the delivery.

LETTING ACCOMMODATION

Situated on the first floor lies 2 ensuite double letting bedrooms offering an excellent opportunity in an area that is crying out for further accommodation.

The rooms are not currently being used for letting so the scope is very high to increase turnover.

OWNER'S ACCOMMODATION

Situated on the 1st floor of the property and briefly comprises: 2 bedrooms, lounge, bathroom and kitchenette in good decorative order.

EXTERNAL

To the front of the property lies a good quality decked area with space for 5 wooden benches and offering potential for marquees and garden parties.

To the rear of the property is a large car park for 30 cars.

TRADING AND LICENSING

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

Mon - Sat 10am - 11pm

Sun 11am - 10.30pm

Current opening hours are:

Monday closed

Tues - Fri 6pm - 11pm

Sat 12pm - 3pm/6pm - 11pm

Sun 12pm - 3pm

N.B. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the NCPLH Qualification in readiness for their intended operation of the Public House. 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

The property and business is being offered for sale freehold (although we have not had sight of the title deeds).

We are advised that the inn benefits from all mains services and uses gas central heating (services not tested). Business rates are advised as currently being a very favourable £1,000 per annum.

THE BUSINESS

Our clients took over the business in August 2006 as a closed establishment and have made a number of influential improvements to the property and business, with a full refurb of all the trading areas and are offering the property in excellent condition.

Our clients have to cut their long term plans short due to unforeseen personal circumstances.

This lovely inn offers new enthusiastic owner operators considerable potential to increase the sales, as the current business is trading on limited trading hours, split 60% food, 40% wet and the turnover is rising all the time.. Current sales are averaging at £1,750 per week (incl.).

In our opinion there is massive potential to increase the food, drink and accommodation sales and would expect new fully focussed enthusiastic full time owner operators to achieve an annual turnover in excess of £200,000. Our vendor client has established an excellent reputation which can be fully emulated by new enthusiastic operators. The asking price reflects the location and quality of fixtures and fittings. This fantastic inn is a growing operation which our vendor has driven to its current level of excellence.

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

Property information

Property:

Freehold