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STOWE-BY-CHARTLEY, STAFFORDSHIRE

Fine rare country freehouse with caravan and camping park rural Staffordshire

Ref: G4713L

£40,000

Leasehold ASSIGNMENT FREE OF TIE
(Proof of finance or credit line will be required.)

POTENTIALLY THE FINEST COUNTRY FREEHOUSE WITHIN THE COUNTY OF STAFFORDSHIRE OFFERING QUALITY OF LIFE AND HISTORIC HIGH PROFITS

A RARE ENGLISH COUNTRY TAVERN OF YOUR DREAMS OFFERED AT £40,000 LEASE ASSIGNMENT TO INCLUDE FIXTURES AND FITTINGS PLUS S.A.V.

  • Historic Sales of £331,802 inc vat – on a 50/50 split – previous freehold owners retired after 12 years in 2007
  • Traditional cosy but bright Lounge Bar (60+ vertical drinkers) – Restaurant/Function room (75)- Games room (12+)
  • Exceptionally presented externals inc terraced patio (60)-Lawn garden(100)- lined car park(55)- eight touring caravan “hookups”
  • Favourable owners accom with 4 bedrooms, roof garden and private garden
  • 10 minutes Racecourse, Golf Clubs, County show grounds, Renowned Private Schools, Historic Homes etc
  • Private 5 year protected & fully renewable at no further cost lease Free of All Ties – low rent

LOCATION (ST18 0LT)

The village of Blythe stands in a select and sought after area of rural Staffordshire popular with those working in the surrounding conurbations. It is an accessible but quiet location just to the South West of Uttoxeter approximately 2 miles from the main A518 Uttoxeter to Stafford road a short drive from the popular Bylthfield Reservoir. The Inn is found easily by taking the A518 Stafford road out of Uttoxeter, turning left at the B5013 and after 1.5 miles following the signs for Blythe. From Stafford the sign for Blythe is reached after about 8 miles on the A518.

PROPERTY DESCRIPTION

We sold the business to the current Freeholder in August 2007 as an “investment” business who subsequently leased it out to a 3rd party. The business had previously been in our client’s hands for nearly 12 years during which time they have invested considerable sums in the refurbishment and maintenance of the property which is now presented to the highest of standards. It is attractively furnished and has comprehensively equipped service rooms and facilities. The first floor is outstanding offering sizable family accommodation. It stands in a large plot providing excellent garden and parking facilities as well as a small touring caravan park with hook ups. Historically this was one of Staffordshire’s premier free houses.
The side entrance vestibule, which has tiled floor, provides access into attractive LOUNGE BAR, which is arranged in 2 principle sections on split levels. The room has tapestry upholstered buttoned fixed wall seating at both levels and matching dark stained wheelbacks, lounge chairs and regency style studded bar chairs currently to accommodate throughout all areas approx 60 customers plus vertical drinkers. At lower level is a feature fireplace which has slate tile hearth, cast iron back fitting with enamel tiled insets. The room is catered for by the CENTRAL BAR SERVERY which has panelled frontage, matching canopy over and display back fittings. The room benefits from door access onto side trade patio and lawn beer garden. GAMES ROOM, having carpeted floor, rough cast plastered walls and assorted seating for 12 customers and pool tables. TOILET FACILTIES include Ladies with carpeted floor, hand wash basin in vanity unit and 2 WC’s. Gentlemen having tiled floor, fully tiled walls, 3 urinals, wash basin and WC.
Accessed from the main lounge bar is the MAIN RESTAURANT area which has separate section housing a carvery servery. The room his attractively appointed and carpeted chairs to assorted tables currently arranged for a total of 75 customers. The room is also utilised for functions and has its own separate entrance. Bar servery having light oak panelled frontage and matching display back fitting.
A further set of customer toilets. Gentlemen’s having tiled floor, part tiled walls, 2 urinals, hand wash basin and WC. Ladies having carpeted floor, fully tiled walls, 2 WC’s and 1 hand wash basin.
The CATERING KITCHEN is spacious with tiled floor, fully tiled walls, extensive selection of stainless steel catering effects and work surfaces and ceiling fitted 3 section galvanised extraction canopy. There is a good size preparation/dispensing area adjacent which has non-slip flooring.
BEER CELLAR is ground floor “roll in”.

OWNERS ACCOMMODATION

At first floor is the exceptionally appointed private accommodation which is arranged as follows: 2 interconnecting rooms providing lounge and diner with casement glazed door access onto roof garden which is decked and has staircase access from ground floor. Shower room with suite of wash hand basin, WC and shower, part tiled walls. 3 double rooms, 1 with en-suite facilities and a further single bedroom. Private kitchen with modern fitted units. The owners have use of a secluded private garden.

EXTERNALS

The grounds are a feature of the pub and are beautifully presented and maintained and include terraced beer patio area to the front of the property (60)and side with extensive lawn area to the side (100+). There is a lined Tarmac car park (55). There is also an area beyond which is gravelled and utilised for touring caravans with space for 5 caravans which is also utilised as an overflow car parking area. There are hook ups in total for 8 touring vans, (2 sets of four). An enclosed compound/patio area utilised for storage. Also adjacent to the property is a container utilised as a bottle store.

PREMISES LICENSES

The Premises License allows for the retail of alcohol Mon through Sat 10am till 11pm (Thurs-Fri-Sat 1am closure in function room) ,Sunday 12noon till 10.30pm.It is envisaged that the LA will be favourable to variations as required. There business is licensed for Live Music, Recorded Music & Performance of dance. A personal license will be required and our training associate can assist with this and other trade related training.

TENURE

We are instructed to offer the property and business for sale as an assignment of a 5 year lease from Spring 2010 and is fully protected under the landlord and tenant act 1954 therefore fully renewable under no less favourable terms for a further 5 year period ( and every succeeding 5 years) at no further cost. There is a rent of £19,250 inc insurances p.a. . The lease is completely FREE of ALL TIES – It’s a FREEHOUSE.

SERVICES

We are advised that the business has mains electric, water with septic tank sewage. LPG gas tank for cooking purposes. Oil fired central heating

THE BUSINESS

Our clients took over the lease in the Spring of 2010 however due to unfortunate health problems which reluctantly necessitates them to put the business up for sale. We sold the Freehold to the present Freeholder in August 2007 as an investment property with the intention of running the business by way of a 3rd hand operator under a lease agreement the previous owners having owned the business since September 1995 and had created one of the counties finest quality free houses. Much has been invested in the property by them during there 12 years of ownership. This is reflected on its trading success with accounts for 31st Aug 06 showing Sales of £331,802 inc vat with a very healthy level of Gross profit (64%) and a Recon Net Profit of £95,000 (after adding back personal or one off expenses) on a well balanced split of 50/50 wet to dry. This is a business which has produced consistent sales figures with “05” at £346,592 & “04” at £323,576inc vat. We must point out that the business is being offered without current accounts however we are in a position to produce the accounts for “05 & 06” which will read as aforementioned.

THIS IS TRULY A UNIQUE BUSINESS OPPORTUNITY WITH EXCEPTIONAL OWNERS HOME WAITING A NEW DEDICATED OWNER BE IT A PRIVATE INDIVIDUAL OR CORPORATE BUYER TO FULLY CAPITALISE ON THE TRUE POTENTIAL OF THIS EXCITING RARE COUNTRY INN

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

Our finance associates will be pleased to advise and assist in the purchase of this outstanding business.

The Property was viewed by Graham Allman who will be delighted to discuss the opportunity with you 7 days a week on 07765 251 208.

Viewings appointments can be made via one of GA-SELECT Business Managers on 01530 41 41 40 who can also refer you to experienced solicitors, accountants, and other trade experts.

SOLE SELLING RIGHTS:

Attention: These Sale Particulars are issued by way of the "web" or hard copy on the understanding that all VIEWINGS, CONTRACTS and negotiation in connection with the business or property are conducted through GA SELECT or their agents who are appointed by the vendor under a SOLE SELLING RIGHTS AGREEMENT with total CONFIDENTIALITY. Under no circumstances must you approach the Owner directly without a formal appointment or disclose to other customers, staff or suppliers that the business is for sale. Failure to comply with these terms may make you liable in law to damages.

BUSINESS FINANCE for PURCHASE of a LICENSED PROPERTY: GA SELECT will be pleased to contact our ASSOCIATE COMMERCIAL FINANCE SPECIALIST on your behalf to engineer the necessary finance package for you at preferential rates and for a period of up to 30 years. Our Business managers will make the contact on your behalf and initial opinions will be offered by our associate at no charge. Alternatively talk to GRAHAM ALLMAN for advice who is licensed by the OFT to give such advice; License No 520042.

VIEWING: ALL APPOINTMENTS must be made by GA SELECT by calling 01530 41 41 40. Our business managers will request your purchasing position then confirm the viewing arrangements back to you. Your viewing will be followed up by a call from either a Business Manger or Sales Director. All properties are left on our web site until contracts have completed.

PROPERTY MISDISCRIPTIONS ACT: GA SELECT give notice that for themselves, their associates, vendors or lessees of the property or business that…

1) These particulars are intended as a guidance for the prospective purchaser and do not constitute or form part of any offer or contract.
2) All descriptions which include distances, plans, dimensions, demographics, or opinion on potential trade and profits are along with all other items within these particulars or given verbally by GA SELECT or its associates, are given in good faith as a guide and no responsibility is assume or accepted by GA SELECT. For there accuracy.
3) GA SELECT do not make or give within these particulars or at any other occasion any representation or warranty in relation to the condition or suitability of the property or its fixtures and fittings. Like wise for any misstatement, omission or error. Independent advice is recommended within all issues relating to the purchase and no warranty is offered by GA SELECT for the working condition or legal positions.
4) Prospective purchasers should satisfy themselves on the suitability of the conditions within the Premises Licence and their ability to obtain a Personal License.
5) Intending purchasers should make their own independent enquiries of fact, accounting information, the use of the property, permissions and potential uses and licenses including any other matters affecting the business including items within 2-3-4.
6) Viewings are totally at the clients risk relating to HEALTH & SAFETY LAW or risks within any act related to the business. GA SELECT nor its vendors hold ourselves responsible for any expenses in any circumstances whatsoever incurred by applicants inspecting a business or property which may be sold or withdrawn from sale or for any other reason, to include traveling expenses, survey, valuations, legal fees etc.
7) It must not be assumed that photographs are current or untouched nor that contents within them are included in the sale.

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