Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Impressive Wet Led Character East Devon Freehouse For Sale

Colyton, Devon, UK
Asking Price:
£425,000 Furniture / Fixtures included
Sales Revenue:
£100K - £200K
Cash Flow:
Available on request

THE PROPERTY
The Gerrard Arms is an attractive and impressive wet led pub which is presented in first class order throughout and has been the subject of complete renovation and refurbishment, with almost no stone being left unturned, by our clients during their 13 years of ownership. This high quality and well regarded business trades as a traditional wet led locals pub and offers high specification superior family sized living accommodation. The property briefly comprises:- Traditional Character Main Bar (36+), Function Room/Skittle Alley/Dining Room (20+), Commercial Catering Kitchen with Back Up and Ancillary Facilities, Self-Contained Family Sized Owner's Accommodation with 3/4 Double Bedrooms (one with Ensuite Bathroom), Sitting Room, Fully Fitted Modern Kitchen/Breakfast Room and a quality Shower Room. Externally, the property benefits from Bench Seating to the front, Private Parking Area and an Enclosed Beer Garden to the rear with Al Fresco Seating for 32 customers and various useful Outbuildings and Storerooms. The Gerrard Arms is an opportunity to purchase a high quality public house business and home and a viewing is strongly recommended in order to fully appreciate the high standard inherent throughout all aspects of this business and property.

INTERNAL DETAILS
Main customer entrance door to the front leading into Main Bar a well presented traditional character room and easy to run single bar area with solid wood flooring, feature wall lighting, part wood panel walls, wall mounted large screen television, range of free standing wooden tables, upholstered wooden chairs and upholstered wooden stools comfortably seating 36 customers, plus adequate standing room. Substantial timber fronted and solid timber topped Bar Servery with feature mirrored back bar fittings, display shelving, optics, double glass fronted bottle fridge, electronic cash register, glass washer and stainless steel sink unit. Still Room with range of wall and base mounted storage cupboards, work surfaces and a double glass fronted bottle fridge. Beer Cellar temperature controlled on the ground floor with 8 auto tilting stillages and walled shelving. Ladies and Gentleman's WC's. Commercial Kitchen with Altro flooring, part tiled and part stainless steel clad walls, extractor system with stainless steel canopy over, six burner gas range, floor standing deep fat fryer, table top deep fat fryer, stainless steel work bench with shelving below, wall mounted storage cupboards, two microwave ovens, two deep bowl stainless steel sink units, dishwasher, stainless steel hand basin, under counter fridge and undercounter freezer. Function Room/Skittle Alley/Dining Room an impressive and versatile multipurpose room with wooden flooring, wall mounted large screen television, feature wall lights, range of free-standing wooden tables and upholstered wooden chairs comfortably seating 20+ customers, French doors lead out to the rear garden. Utility Store Cupboard with washing machine, Dry Goods Store.

Please note: The fittings, equipment and services listed have not been tested by the agents, although we are informed that all items are in working order.

PRIVATE ACCOMMODATION
Arranged on the first and second floors is a spacious, self-contained, family sized owner's accommodation which is presented in excellent order throughout and benefits from a separate private entrance to the front. The accommodation briefly comprises:- Sitting Room with aspect to the front. Kitchen/Breakfast Room superbly fitted with a quality modern kitchen with a range of base and wall mounted kitchen units, complementary work surfaces, integrated hob, grill, oven, microwave, fridge, freezer and dishwasher and feature lighting. Bedroom 2 a good sized double bedroom with aspect to the front. Bedroom 3 a small double bedroom with aspect to the front and built in cupboards. Bedroom 4 a double bedroom (currently used as a dining room) with aspect to the side. Shower Room fitted with an impressive walk in shower and a modern white suite. Main Bedroom a large and attractive attic bedroom on the second floor with wooden flooring, part sloping ceilings, aspect to the front and rear, large double bedroom suite with Seating and Office Area, access to the loft space and an Ensuite Bathroom with a modern white suite.

EXTERNAL DETAILS
To the front of the property is Bench Seating for around 9 customers. To the side of the property is a Private Parking Area. To the rear of the property is an attractive and Enclosed Beer Garden being part gravelled and part paved with feature exterior lighting, Covered Seating Area and further Bench Seating for around 32 customers. Freezer Store with two chest freezers, racked shelving, tumble dryer, power and light. Separate Storeroom with power and light. Workshop/Dry Good Storage with power and light.

THE BUSINESS
The Gerrard Arms is a traditional wet led locals freehouse with an atmosphere of character and warmth throughout. The Gerrard Arms enjoys a popular local following and boasts a year round regular trade, as well as some uplift on tourists visiting the area, particularly during the holiday months. Our clients, a husband and wife team, have owned and run the business for 13 years and the Gerrard Arms retains the traditional feel of a pleasant country pub. The Gerrard Arms is very represents an excellent opportunity to purchase a well-regarded business which still offers genuine potential to develop all aspects of the trade still further. The business benefits from a 4-star food hygiene rating and has its own website which provides further information.

TRADING INFORMATION
Accounts for the year ending March 2020 show sales of £130,148 net of VAT, with the split of trade being approximately 85% wet sales and 15% food sales. The trade levels have been deliberately restricted by our clients with impending retirement in mind and to suit their own personal lifestyle requirements. Full detailed trading information can be made available to interested parties following a formal viewing appointment.

OPENING HOURS
The current opening hours are 12 noon to 3pm Monday to Sunday, 5.30pm - 11pm Monday to Thursday, 5.30pm - 1am on Friday, 6pm until midnight on Saturday and 7pm until 10.30pm on Sunday. Food is available on Friday's and Saturdays only.

CURRENT STAFFING
The business is run by our clients, a husband and wife partnership, with the assistance of up to four casual members of staff.

POTENTIAL
Our clients advise that there is genuine potential to increase the current trade levels, particularly by developing the food offering and menu and by offering food throughout the week and for which the demand exists. There are also opportunities subject to the necessary permissions and consents to create letting bedrooms, utilising the outbuildings and possibly the skittle alley, if so desired.

EPC
C - 51.

Property Information

Property:

Freehold

Living Accommodation:

Self-Contained Family Sized Owner's Accommodation with 3/4 Double Bedrooms (one with Ensuite Bathroom), Sitting Room, Fully Fitted Modern Kitchen/Breakfast Room and a quality Shower Room.

Location:

SITUATION
The Gerrard Arms is situated in the heart of the ancient country town of Colyton, which nestles on the banks of the river Coly around 3 miles from the World Heritage Jurassic Coast at Lyme Bay. Colyton is a pretty and charming town which nestles within the Axe Valley and offers a comprehensive range of shopping and recreational activities and the renowned Colyton Grammar School, one of the country's top mixed state schools. The town, with its beautiful medieval church, is situated amongst some of East Devon's most attractive countryside, much of which is designated as being of Outstanding Natural Beauty. The Jurassic Coast and the pretty harbour at Axmouth are just 2 miles away and the other popular seaside resort of Lyme Regis is just 7 miles to the East.

Energy Performance Rating:
C

Business Operation

Reasons for selling:

Retirement Sale.

Contact Stonesmith

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here