Superb Country Inn Near Oxfordshire Racing Stables For Sale

Business description

Attractive country pub in affluent village near Wantage with bars, conservatory, gardens, car park, 5 letting bedrooms and 2 bedroom owners' flat

Property information

Property:

Leasehold

Lease terms:

30 years from 1996 on a Private Landlord FRI lease. Current rent £33,800 pa Free of Tie.

Living accommodation:

2 bedroom flat with kitchen and bathroom. 5 letting bedrooms (3 en suite)

Location:

The Blowing Stone lies unopposed in the affluent village of Kingston Lisle which is near Wantage. The racing country of Lambourn Downs is just up the road and there are many country estates and valuable country residences in the locality

Other information

Expansion potential:

The current lessee has not settled at the pub and turnover has probably decreased. There is a huge opportunity for catering-orientated lessees to develop the business into the popular venue it doubtless should be. There is an opportunity to create an outside catering facility as well as generally raising the overall offer of the pub to satisfy the demand from the local high profile residents

Competition / Market:

The business is unopposed locally but there are some good destination food/village pubs within 10 miles.

Support & training:

The lessee will help as necessary between exchange of contracts and completion

Reasons for selling:

Needs a break

Trading hours:

Mon-Thurs: 10am-Midnight; Fri-Sat: 10am-2am; Sun: 12-11pm

Financing available:

Our broker will be pleased to discuss especially as this is a free of tie private lease

Inventory / Stock value:

£3,000