Thriving Inn Restaurant For Sale

Business description

THRIVING INN/RESTAURANT LOCATED IN THE SEMI-RURAL VILLAGE OF BLYTHE BRIDGE ON THE BORDER OF NORTH STAFFORDSHIRE AND THE STAFFORDSHIRE MOORLANDS




18th Century village inn in a semi rural location in North Staffordshire.
Traditional Lounge/Dining Area (circa 25 covers); cosy Snug (circa 20).
Attractive refurbished 2 bed owners' accommodation.
Car park and rear patio area.
Current turnover circa £3,500-£4,000 per week (incl. VAT).
Trade split is approx 40% food, 60% wet.
Partially tied renewable lease at highly favourable rent.
Award winning pub, Cask Marque approved, featured in The Good Beer Guide & Good Pub Guide.


A WELL ESTABLISHED BUSINESS AND HOME WITH A WONDERFUL QUALITY OF LIFE - IDEAL FOR NEWCOMERS TO THE TRADE


ASKING PRICE £59,950 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.


LOCATION
This delightful inn and restaurant is situated in the semi rural village of Blythe Bridge. Blythe Bridge is so called as it is built around the site of a bridge over the River Blithe, a small river which passes directly through the village. The communities of Blythe Bridge, Blythe Marsh and Forsbrook are located in North Staffordshire and South East of Stoke on Trent. 100 years ago they were three separate villages about three-quarters of a mile apart. Blythe Marsh was developed along the old Roman Road which later became the A50 and consisted mainly of farmhouses. However in the 18th Century the road was improved to become a Turnpiked Road. As this became the main road to the North West of England, inns, stables, blacksmith's shops as well as cottages and shops developed along what is now known as Uttoxeter Road. The city of Stoke-on-Trent with its excellent shopping facilities and its tourist attracting Potteries is within easy reach. Nearby is Alton Towers Theme Park! Undoubtedly one of the major 'days-out' attractions of the country. Other attractions within close proximity are Croxton Abbey, Foxfield Steam Railway, Trentham Gardens, Churnet and Manifold Valley's. The Inn is located on the A521 Uttoxeter road, 4 and a half miles from Cheadle and with excellent road links via the nearby A50 and M6.

THE PROPERTY

This traditional restaurant/inn is an attractive and impressive 2-storey property of brick rendered construction under a pitched roof occupying an excellent main road position.



It is absolutely full of character and 'oozing' olde worlde charm. The trading areas are equipped with quality furnishings throughout with exposed beams prevalent and a wonderful intimate atmosphere.

The Lounge/Dining Area (circa 25 covers plus bar area) has a warm and relaxing atmosphere, and features a traditional central bar servery, with fixed upholstered perimeter seating, 2 T.V.s, loose tables and chairs.

The Snug (circa 20) is a cosy room giving a warm and inviting ambience, featuring a darts throw, loose tables and chairs.

Ladies and Gents W.C.'s.



There is a fully equipped commercial Kitchen (appliances not tested) and a lower ground cellar.

OWNER'S ACCOMMODATION

The owner's accommodation has been recently refurbished. It is situated on the 1st floor and briefly comprises: 2 bedrooms, fully carpeted lounge with feature beamed fireplace and bathroom.

EXTERNAL

There is a patio area to the rear with chairs, tables and picnic benches. There is also a smoking area.

There is a large car park at the side of the building.

TRADING AND LICENSING

We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:

Mon-Sat 11.00am to midnight

Sunday 11.00am to 11.30pm

Current opening hours are:

Monday closed lunchtime; 5.00pm to 11.30pm

Tues-Fri 12noon to 2.30pm; 5.00pm to 11.30pm

Saturday 12noon to 12 midnight

Sunday 12noon to 11.30pm

NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the NCPLH Qualification in readiness for their intended operation of the Public House. 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 for sale as a lease assignment with approximately 4 years remaining of the Punch Taverns full repairing and insuring, renewable agreement. We are informed that the rent is currently £13,000 per annum and the lease is tied for beers and ciders only. 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. We are advised that the inn benefits from all mains services (no services seen or tested). Business and water rates are advised as currently being £2,579 per annum.

THE BUSINESS

The current owners purchased the business in 2007 and after enjoying their initiation into the licensed trade, they would like to move on to a larger business. The business has a solid trading foundation offering quality food, wine and cask ales in traditional surroundings at affordable, value for money prices. The inn has previously been Camra (Potteries Branch) Pub of the Month and has been given a Platinum Award by Staffordshire Moorlands District Council. The inn features in The Good Pub Guide and is Cask Marque approved. This charming inn is a successful and thriving business, and home to a crib team, darts team and golf society. We are advised that the turnover is circa £3,500 - £4,000 per week (incl.) split circa 40% food / 60% wet.

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

Property information

Property:

Leasehold