Idyllically Located Immaculate Freehold Pub For Sale

Business description

OUTSTANDING FREEHOLD FREEHOUSE SITUATED IN A MOST IDYLLIC LOCALE NEAR ROSS-ON-WYE IN IMMACULATE CONDITION RIPE FOR AN ENTHUSIASTIC OPERATOR TO PUSH IT TO THE NEXT LEVEL


> Turnover for the year ended Sep 2008 £121,000 inc vat with an overall G.P of 56% and Recon Net Profits of C.£32,000
> Huge potential to increase food offering, currently 75% wet, 25% dry split
> Superbly presented bar/restaurant area (40+ seated, 20+ vertical) and gaming room
> Large 2 bedroom immaculate owner’s accommodation with bathroom and lounge area
> External rear beer garden with separate covering for inclement weather
> Ideal for a discerning private buyer looking for a good business and life style to match

A RARE OPPORTUNITY TO ACQUIRE A SUPERBLY POSITIONED BUSINESS AND HOME OFFERING AN ENVIABLE LIFESTYLE AT £330,000 FREEHOLD TO INCLUDE FIXTURES AND FITTINGS, GOODWILL PLUS S.A.V.


LOCATION (HR9 6EZ)
The business is very much a hub of the local community and is well placed to attract holidaymakers visiting this beautiful area between the Black Mountains and the Wye Valley. The Royal Arms is the only pub in Llangrove, which lies one and a half miles off the A40 at Whitchurch, six miles from Monmouth and seven miles from Ross-on-Wye.

PROPERTY DESCRIPTION
The Royal Arms in Llangrove is a stunning example of a freehold freehouse in a beautiful part of the country. The building is a 17th Century village freehouse overlooking the Malvern Hills in the picturesque Herefordshire village of Llangrove. Originally a blacksmith’s shop and later a beer house, the pub was known as the Smith’s Arms until 1888 when it became the Royal Arms in honour of Queen Victoria’s Golden Jubilee.
A detached traditional brick built building under a slate roof, access is gained from the side of the building leading into the GAMES ROOM. Internally, the building is in superb condition and boasts a wealth of character with exposed brick work, original slate flooring and exposed beams. There is a feature central open fireplace with the central bar servery being accessed from both the gaming room and the MAIN BAR/RESTAURANT area. The main area seats up to 40 people with more room for 20+ vertical drinkers and there is a range of loose seating and tables. There is good light permitted through the ground floor of the building with several windows.
The bar servery has a range of traditional hand pull taps and a generous working area. There are also a variety of back bar chillers and traditional optics.
There is also a fully fitted commercial kitchen serving the main bar/restaurant area.

EXTERNALS
Both the male and female w.c’s are situated externally and are fitted to a high standard. Also, the cellar and a range of other dry storage rooms are found externally. There is a car park for up to 14 vehicles and a well maintained garden area with loose seating and tables. There is a purpose built smoking solution with light provided and the whole property sits in an elevated position affording exceptional views over the surrounding countryside.

OWNERS ACCOMODATION
The owners accommodation is also in excellent condition and provides 2 large bedrooms, a separate study area, a large lounge area and a well fitted separate bathroom.

PREMISES LICENSE
We are led to believe that the current premises license allows trading from 10:00-00:00 7 days per week. Current opening hours are from 17:00-23:00 Monday-Friday and from 12:00-23:00 Saturday and Sunday.

TENURE
We have been instructed to offer the FREEHOLD INTEREST.

SERVICES
We have been advised that the property benefits from all mains services including electricity, gas and mains water.

THE BUSINESS
This is a unique business that has only come to the market because of our clients other business interests. It is a superbly appointed FREEHOLD FREEHOUSE in a most beautiful part of the country. Currently our client is trading at a relaxed pace of £121,000 inc vat with a GP of 56% on a sales split of 75% wet to 25% Dry however there is no doubt that under the stewardship of a new owner there is huge potential to increase sales (both wet and dry), increase GP margins and ultimately increase bottom line profits which are currently declared as £32,000 RNP..

WE WOULD HIGHLY RECOMMEND AN EARLY INSPECTION OF THIS PROPERTY AND BUSINESS WHICH HAS ESTABLISHED A SUPERB TRADING LEVEL BUT IS ALSO RIPE FOR EXPLOITING FURTHER UNTAPPED OPPRORTUNITIES. A BEAUTIFUL BUSINESS IN A BEAUTIFUL PART OF THE COUNTRY. GREAT LIFESTYLE OPPORTUNITY.

Property information

Property:

Freehold