Superb Public House With Village Stores In Gloucestershire For Sale

Business description

SUPERB PUBLIC HOUSE WITH VILLAGE STORES & LOCAL POST OFFICE - GLOUCESTERSHIRE
Business to include all fixtures & fittings and equipment
Village stores with off licence and Post Office services
Stone built character property dating back to 1650s
Early interest and viewing is highly recommended
Village location in Avening, Tetbury
Advised weekly turnover of £4,500
3 bed owners' accommodation
Scope to increase food sales
Newly refurbished
Punch lease
LEASEHOLD


Business History

Meridian Business Sales are privileged to offer to the market this well respected public house along with village store and Post Office. The pub dates back to circa 1650 and has been in the careful hands of our client for the last 4 years. This superb concern is being offered to the market due to our clients needing to concentrate on other business interests. Our client informs us that the turnover for the business is approximately £4,500 per week. The pub turns over £2,000 per week, 95% is from wet sales with the remaining 5% from food sales as they only serve food on a Sunday when they offer a traditional roast dinner so it's fair to say that there is huge potential to increase dry sales. The village store was something that our clients introduced 18 months ago due to customer demand. The shop turns over £2,500 per week and sells tobacco, newspapers, bread, alcohol, chilled foods, frozen foods, confectionary, groceries, greeting cards and logs. They have recently introduced a Post Office which offers 95% of the services that a normal Post Office would and in its first month generated £200 in commissions and this figure is sure to increase month on month as its service becomes more established. The business is owner operated and benefits from just 1 part time member of staff. During our clients ownership they refurbished the ground floor investing around £50,000 along with new equipment, fixtures and fittings which are all included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. We believe that there is huge potential to increase turnover by pushing food sales and increasing opening hours. Early viewing is highly recommended as this business cannot be missed.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 10 years
Remaining: 4 years
Rent: £19,000pa

Location:

This well appointed and established public house with village stores and Post Office dates back to 1650's and is situated in the desirable village of Avening near Tetbury in Gloucestershire. Avening is a picturesque Cotswold village (known as the unofficial Royal Town of the Cotswolds) situated between Nailsworth and Tetbury and provides many local facilities including two public houses, a general store, primary school, village hall, social club and church and has an active village community and it is on a bus route between Stroud and Tetbury. It has many local tourist attractions those being Gatcombe Park, the home of the Princess Royal and Minchinhampton championship golf course. It's easily accessed by the A46 via the A419 which is off junction 13 of the M5 motorway.

Premises details:

Detached character public house situated in a highly desirable village, briefly comprising:

Ground Floor - Restaurant with seating for 18, log burner and bar servery, public bar with seating for 26 and leather sofas, lower bar with leather sofas, piano and WII console, ladies & gents toilets. Catering kitchen with double sink, wash basin, 4 x ring gas hob and oven, solid top with gas oven, 2 x fat fryers, hot plate and cupboard, dishwasher, fridge, oven, office/dry stores with 2 x safes. Retail shop with sales counter/Post Office counter, sales and display shelves, central display, dairy fridge and storage cupboard

Cellar - Main beer, bottle storage and freezer.

First floor - Function room/skittle alley with bar server

Owner's accommodation
Lounge, 3 x double bedrooms, landing leading to laundry area, bathroom with bath, toilet and wash basin

External - Rear beer garden with picnic tables, 9 allotments which the locals residents look after and car park for 20 vehicles

Business Operation

Trading hours:

Public House
Monday: Closed
Tuesday - Thursday: 5:30pm - 12:00am
Friday: 5:00pm - 1:00am
Saturday: 12:00pm - 1:00am
Sunday: 12:00pm - 9:30pm

Shop
Monday - 7.00am - 5.30pm
Tuesday - Friday - 7.00am - 9.00pm
Saturday - 8.00am - 7.00pm
Sunday: Closed