Near Historic Malmesbury Wiltshire This Splendid Village Inn For Sale

Business description

NEAR HISTORIC MALMESBURY, WILTSHIRE, THIS SPLENDID VILLAGE INN




Only inn in busy village (pop. 2,000).
Delightful rural setting yet only minutes from the M4.
Detached property on large site. Easily managed bar and dining areas, 2 skittle alleys/function rooms. Extensive gardens with new play area and boules terrain.
Large car park.
Owner's 2-bed accommodation and 2 B and B guest rooms.
Scope to convert a skittle alley into 3 x guest rooms.
7 years left on Punch lease. Rent £32,000.
Annual sales grossing £176,000. 80% wet.
Great potential to expand catering, functions, lettings and outdoor events.


EXCELLENT OPPORTUNITY IN A CHARMING LOCATION.


ASKING PRICE £35,000 LEASEHOLD TO INCLUDE FIXTURES AND FITTINGS, GOODWILL EXCLUDING S.A.V.


LOCATION
This striking inn is centrally sited in The Street in the attractive, deceptively large and expanding village of Hullavington in north-east Wiltshire. In its pleasant setting the village is rural but in no way remote. Easily accessed off the A429 (Chippenham - Malmesbury) just minutes off Junction 17 of the M4.

Approximately midway between the fine old Saxon towns of Chippenham and Malmesbury, the village is also within easy striking distance of the glorious Cotswolds, Roman Bath and the mystical attractions of Salisbury Plain and Savernake Forest. Mainline rail connection at Chippenham for London Paddington and the South West.

The inn benefits from its busy community catchment, passing trade from ramblers and tourists and is an ideal base for visitors to explore this very appealing region.

THE PROPERTY

Thought to date from the turn of the last century, this is of mainly 3-storey brick construction with painted elevations under pitched, tiled roofing. There is a single storey extension to the rear.



The internally porched main entrance leads into the welcoming, carpeted open-plan bar and dining areas, circa 35 covers. Highlighted by a nicely crafted oak servery with parquet surround and an open fireplace with fine mirror above, they are furnished with a mix of polished wooden tables, upholstered chairs, leather sofas and cushioned stools. Interesting prints and memorabilia enhance the traditional ambience.

Ladies' and Gents' toilets at opposite ends. A large, spacious beer cellar and bottle store is at basement level and behind the servery is the commercial kitchen (equipment not tested). Beyond the kitchen is a most impressive large and atmospheric skittle alley and function room (50 covers) with dedicated servery. Disabled toilet.



OWNER'S ACCOMMODATION

At first floor level, this comprises 2 x double bedrooms, lounge, bathroom/WC, and small utility room.

LETTING ACCOMMODATION

At upper level are two double bedrooms offered as bed and breakfast facilities at £45 per room per night.

EXTERNAL

There is parking to the front of the inn and a large car park to the side. To the rear of the inn is a flagged area with a new smoking shelter. Beyond is a delightful, extensive lawned garden with newly constructed play area and boules terrain (very popular here - there is a local annual festival with 128 teams!)

At the side of the inn is a detached second skittle alley/function room (40) with an adjoining store/freezer room.

TRADING AND LICENSING

We are advised that the inn trades with the benefit of a Premises Licence (not seen) which permits the sale of alcohol during the hours of 11.30am and midnight and further permits the provision of regulated entertainment of a type and at times specified by the Premises Licence.

Current opening hours:

Lunchtimes:- noon - 3.00pm (closed Mon lunch)

Evenings:-

Mon - Thurs 5.30pm - 11.00pm

Fri 5.30pm - midnight

Sat 6.00pm - midnight

Sun 7.00pm - 11.00pm

NB Important. Prospective purchasers should ensure that they gain the NCPLH qualification in readiness for their intended operation of licensed premises. 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 business is offered as a lease assignment sale with 7 years left on a Punch Taverns full repairing and insuring, partially tied lease. We are advised that at the end of the term, the Lease (not seen by Guy Simmonds) should be renewable with no further premium - subject to the provision of the Landlord and Tenant Act 1954. Rent is currently advised at £32,000 per annum next reviewed in 2010.

We are advised that the inn benefits from mains water, electricity and sewerage. Calor gas. (No services seen or tested). Business rates payable are advised as being £1,790.25 pa.

THE BUSINESS

This is indeed a classic community 'hub'. Activity driven with darts and eight skittle teams, it sponsors a football team and is the base for various village meetings and functions. The vendors have invested substantially in improving facilities and have recently and successfully introduced food. Annual sales are now grossing £176,000 and there is a clear opportunity to expand catering (the internal skittle alley/function room adjoins the kitchen and would make a magnificent restaurant). Converting the external skittle alley to guest rooms would be a lucrative enhancement and the charming gardens are ideal for marquee/festival occasions.

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

Property information

Property:

Leasehold