Leasehold Public House For Sale

Business description

Bag a Business Ltd is delighted to offer sale The Three Crowns in Wiltshire. The property was built in 1770 as a public house and has been in our client's careful ownership since October 2004. The Three Crowns boasts a highly successful football team and two darts teams and is well supported within the village. The business is run by our client with the assistance of two part-time staff and is purely wet led, offering new owners great potential to introduce food sales, particularly Sunday roasts and lunchtime snacks, due to its stunning trading location. Annual turnover is £140,000 with the rent being just £20,000 per annum. The Three Crowns has the benefit of being on a 20 year free of tie renewable lease with 18 months remaining. The business is further enhanced by the delightful two bedroom owners' accommodation above. This is an excellent opportunity to acquire an unopposed business, which offers new owners great potential and we would therefore recommend early viewing.

Property information

Property:

Leasehold

Lease terms:

Leasehold - free of tie
Original length: 20 years
Remaining length: 18 months
Review every: 5 years
Rent: £20,000 per annum

Living accommodation:

PROPERTY DETAILS A substantial two-storey building, with the original part dating back to 1770, overlooking the River Nadder. GROUND FLOOR Main bar area seating 30 Newly carpeted Wooden topped bar with eight points of dispense, glass washer, bottle display chiller and electronic cash register LCD television Gaming machine and cigarette machine Bay window overlooking the river Lounge area with settees and large open fireplace Pool room with pool table Ladies and gents W/Cs Fully fitted kitchen, including three microwave ovens, six burner Falcon Dominator oven, double deep fat fryer, full extraction system, refrigerator, fridge/freezer and dry goods store with shelving Utility area with space for washing machine, tumble dryer and several refrigerators and freezers New cellar cooler fitted FIRST FLOOR. Large double bedroom Hallway with a full height airing cupboard Bathroom with shower over bath, W/C and sink Lounge with period fireplace Double bedroom EXTERNAL Decked area to the front with three tables and smoking shelter

Location:

The Three Crowns is situated in the delightful Wiltshire village of Harnham. Located just to the south of Salisbury city centre, Harnham is on the banks of the River Nadder and is just five minutes' stroll from the city centre via a footbridge. The pub is just 50 yards from the river giving lovely views from the main bar area. Harnham has a population of 8,500 and The Three Crowns is unopposed in the village and is one of the oldest pubs in the Salisbury area. This is a very sought after and affluent village, due to its location close to the city centre and its picturesque surroundings, with Salisbury enjoying many visitors to this historical and architecturally renowned city, famous for its Cathedral. It enjoys excellent transport links with the main A36 linking to Southampton, the M27 and M3 motorways and its mainline railway to London.

Other information

Trading hours:

Mon - Thu: 12.00pm - 3.00pm & 6.00pm - 11.30pm Fri, Sat & Sun: 12.00pm - 11.30pm