An Outstanding Rutland Chocolate Box English Country Pub For Sale

Business description

CARRY ON THE GREAT TRADITION OF AN ENGLISH COUNTRY PUB WITHIN AN IDYLLIC RURAL POSITON – A CRACKING PURCHASE FOR ANY DISCERNING OPERATOR

> Steady Sales of £148,000 inc VAT- 60%Wet to 40% Dry. Currently trading to suit the life style of the owners. Plenty of extra scope to build on.
> Cosy beamed bar area (30+ standing) with tables and chairs, feature fireplace with wood burner. Dining room (24c), Beamed Function room (30c) with feature wood burner and door leading to enclosed garden area. Well presented Kitchen
> Three Bed roomed Owners accommodation
> Well maintained, enclosed beer garden to the rear of the property with garden benches. Large car park to the side of the property.
> Current owners are reluctantly selling due to health issues.
> Opportunity to purchase a protected Free of Tie lease (Terms to be agreed) with option to purchase the freehold or immediate freehold purchase


AN OPPORTUNITY TO PURCHASE YOUR “DREAM PUB” IN THE DELIGHTFUL ENGLISH COUNTRYSIDE OF RUTLAND. WITH MASSES OF OPPORTUNITY TO INCREASE BUSINESS ENJOY THE QUALITY LIFESTYLE IT OFFERS AT JUST £40,000 FOT LEASE OR £350,000 FREEHOLD PLUS S.A.V.



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LOCATION
The wealthy village of Seaton located in the beautiful county of Rutland within minutes of Uppingham, Oakham, Melton Mowbray and Stamford. Within easy access to the A47 and A1. The outdoor leisure attraction of RUTLAND WATER is but minutes away and an abundance of historic destination tourist attractions including castles, National Trust properties, churches, gardens, mazes, manors and everything that is great about the countryside of Great Britain. No wonder that Rutland is such a magnet for discerning tourists and visitors along with being a much favoured residential locale for “better off” families and professionals having excellent access to rail (direct line into LONDON), “A” roads and Airports providing communications not only within the UK and the Great Cities of the East Midlands but the rest of Europe. RUTLAND has developed a profile similar to that of THE COTSWOLDS, NORTH YORKSHIRE, DERBY PEAKS and UPPER THAMES VALLEY. It doesn’t get too much better than this. After leaving the A47 and entering Uppingham, turn left at the first traffic lights, at the little roundabout take the 3rd exit down the lane which takes you into the village of Seaton.


PROPERTY DESCRIPTION

This 17th Century “Gem” of a pub is located opposite the village church nestled within the community of Seaton village, of brick and stone structure with neighbouring properties being in keeping with the pub. Fronting on to the main street with picnic benches to the front for that cheeky pint of beer or chilled glass of wine whilst taking that lazy stroll on a summers evening through the village. Welcoming entrance porch with doors off and the welcoming bowl of water for your dog. To the right, the door leads to the Main Bar area (30) with impressive wooden bar, stools, beams to the ceiling, relaxed feel with tables and chairs, comfy seating and feature fireplace with fully functional wood burner. The door to the left leads to the Dining Room (25c) with wooden flooring, pine tables and chairs, small stone bar area. Access from behind the bar to the Fully Equipped Catering Kitchen being excellently equipped and useful store cupboard situated at one end. From the Main Bar, the corridor leads to the Function Room (30c) with a tiled floor, beams to the ceiling and a fully functional log burner, tables and chairs and access to the enclosed Beer Garden. Off the corridor there is a door leading to the Beer Cellar to the ground floor for ease of use. Well presented Ladies & Gents facilities.

OWNERS ACCOMMODATION
The owners accommodation is accessed from behind the bar, staircase leading to landing with private Lounge to one end, 3 bedrooms (2 double & 1 single) off and family bathroom. Being well maintained and ready to move into.

EXTERNALS
Gravelled Car park (20+) to the side of the pub with surrounding railings. Steps leading to the Main Street to access the building from the front or side access through a gate leading to the Enclosed Beer Garden with lawn area and borders, picnic benches and block paved area. There is a private enclosed area with two brick built stores, shed and wood store.

PREMISES LICENSES
We are advised that the business has a Premises licence that allows opening of 11am through 11pm all week. Actual trading hours run 12noon till 2.30pm – 5.30pm – 11.00pm Wed, Thurs, Fri & Sat and 12noon – 5.00pm Sunday. A Personal License will be required and our training associates can assist with this for you.

TENURE
We are instructed to offer the property and business for sale as a Free Of Tie Lease with the option to purchase the Freehold, terms for this lease are to be agreed with any potential purchaser. The lease will be Protected by the Landlord and Tenant Act and will be an internal repairing lease only. The up keep externally will be down to the freeholders. Insurances are to be arranged by the ingoing lessee, rent will be set at £27,000 plus VAT which is fully reclaimable and will be reviewed every 3 years. The option to purchase the freehold will be written in the lease to happen within the first 2/3 years of taking on the assignment. The Freehold is available immediately for any potential purchaser should this be the preferred option.

SERVICES
We are advised that the pub benefits from water & sewage connected. Gas is used for cooking and oil for heating the oil tank is situated in the corner of the beer garden. There are no business rates payable.

THE BUSINESS
The business is reluctantly being sold due to ill health and has been owned for the last 21 months by our clients, who have enjoyed every minute of this life style and have month on month been increasing the level of business. There is a huge level of local drinkers, enjoying the special nights the pub currently holds, Wednesdays being ‘Pie’ Night, Thursday ‘Curry’ night, Friday ‘Fish’ night and Saturday is an open menu but there is offers on ‘Steaks’. The current owners use all produce fresh from local suppliers. The pub is well known for its part in the Welland Valley Beer Festival which takes place the 2nd weekend in June every year and I am informed by the current owners is a real ‘Cash Cow’.
Sales for Y/E June 2011 show sales of £148,000 inc VAT split 40% Dry to 60% Wet. Overall GP shows 60% RNP £55,285. This is an opportunity waiting to happen.

ECP will be made available upon request.

A GREAT PLACE TO LIVE AND WORK IN THE BEAUTIFUL SURROUNDINGS OF MAGICAL RUTLAND WITHIN A VILLAGE COMMUNITY

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

Property information

Property:

Freehold