DELIGHTFUL CANAL FRONTED PUB OFFERING AN AGREEABLE LIFESTYLE AND SOUND BUSINESS FOUNDATION LOCATED WITHIN 2012 OLYMPIC & UNIVERSITY MARKET TOWN OF LOUGHBOROUGH

FINE EXAMPLE OF AN INTERESTING LEISURE FOCUSED PUB WITHIN AN UNUSUAL LOCALE OFFERED AT A MOST REALISTIC ASKING PRICE OF £39,000 LEASE ASSIGNMENT TO INCLUDE EXTENSIVE FIXTURES AND FITTINGS, GOODWILL PLUS S.A.V.

• Sales of £246,000 inc vat – 69% Wet 31% Dry split with obvious potential to develop food elliment further and grow total sales to well above £300,000
• Through bar (75+) with views of canal moorings – well equipped kitchens
• Benches to towpath , good smokers shelter & car park (40)
• Popular residential area with heavy pedestrian foot fall
• Owners comfy 3 bedroomed accommodation – private enterance
• Fully renewable protected 21 year lease with good beer discounts from Brl one

LOCATION ( LE11 1JY )

The thriving sustainable market & University town of LOUGHBOROUGH is the centre of sporting occasions for the 2012 Olympics and the host town to the Japanese National Team. A popular Leicestershire location with ease of access to such leisure attractions as Donnington Park Motor racing Circuit , proposed new home to the British F1 Grand Prix, Great Central Steam Railway, Bradgate Park , the birthplace of Lady grey, Charnwood Forest with its legends of Robin Hood makes this an ideal locale for tourism and then with its ease of access to Nottingham East Midlands Airport and the M1, its popularity as a commercial centre is seeing great growth and expansion. The business is to be found on Meadow Lane not far from the town centre amongst new build and traditional Victorian residential housing…this is not a student reliant business but one based on strong regulars and popular leisure usage.

PROPERTY DESCRIPTION

The property, which is detached dates back to 1795 when the canal was “cut” through the Leicestershire countryside by the “navies”. It sits astride The Grand Union Canal and a place of significant interest to urban wildlife enthusiasts, boaters and fisherfolk. The pubs address is Meadow Lane or Canal Side and is also known as Schwabisch Hall Way. Drop down off Meadow Lane onto its car park and walk around to the front entrance which is off the canal towpath from a brick & cobble frontage. You enter into the main body of the pub with its CENTRAL BAR SERVERY sporting hand pull real ale wickets and bright beer pumps. The trading areas are broken down into more cosy areas on different levels and include games area, snug and lounge , all with views across the moorings and Grand Union Canal. Décor is traditional “pubbie” with a mix of fitted and loose furnishings in keeping with the relaxed surrounds. Floors are partly carpeted and part reclaimed timber with a hard surface curtain to the bar front.
CATERING KITCHEN is commercially equipped with S/S units. BEER CELLARS are in two parts plus bottle stores. TOILETS are located to the front porch and to high standards.

OWNERS ACCOMMODATION

Comprises of 3 bedrooms , family bathroom, lounge and fitted kitchen with island servery all with charming views over the Grand Union Canal. Access is separate to the trading areas.

EXTERNALS

As you would expect of a property within this type of location, its externals are indeed a “jewel in it’s crown”. With canal moorings, the front of the building is extremely picturesque with old world charm and urban wildlife in abundance. Picnic sets are located to the pubs front providing a moving landscape for its customers. A smokers solution is located to the far end of the property from a second entrance with a feature anchor at its door. Car parking is available for circa 40 vehicles. All together a pretty and some who say romantic setting.

PREMISES LICENSES

We are advised that the business currently opens Monday – Thursday 12 noon till 11pm with Friday & Saturday 12 – 12 pm. & Sunday 12 – 10.30pm. The Premises license allows openings from 10am till 1.30am all week with Sunday 10.30am till 1am. A personal license will be required and our training associates can assist with this for you along with other licensed retail training inc BII courses

TENURE

We are instructed by our clients to offer by way of lease assignment of a favourable 21 year lease commencing 2003 from MARSTONS. The lease is fully protected under the Landlord & Tenant Act and renewable at its end for a further 21 year period at no further premium or no less favourable terms. Business rent is a reasonable £30,000 ( agreed June 2009) . The agreement allows for discounts of £50 per barrel from Brl one paid monthly

SERVICES

We are advised that the business benefits from all connected mains, and heating by GAS. Rates payable of £7,666 pa

THE BUSINESS

Our clients have owned the business for three successful years having enjoyed its unique locale and lifestyle, this being their first venture into the pub trade.
Sales have consistently run around the £264,000 figure inc vat on a split of 69% Wet to 31% Dry, only offering food during lunch periods Tuesday till Sunday then the evenings of Friday & Saturday only. The business is wide open to further added value by extending the times that food is served which would also add to the total income of the business. The pub is a popular venue for fisherfolk using the canal and nearby River Soar and benefits from regular use for fishing breakfasts and related events. Though seen as a university town , the pub doesn’t in any way rely on student patronage but enjoys regular custom from all around the town drawn to it by its unique setting and offering. A new focused and energetic owner will identify the potential to increase sales to well above £300,000 pa and possible up to £400,000 with further marketing to an even wider audience

A MUST TO VIEW EARLY TO APPRECIATE THE UNIQUENESS OF THIS BUSINESS AND THE FULL STRENGH OF WHAT HAS TO OFFER BY WAY OF FINACIAL RETURN AND LIFESTYLE.

Our panel of financial experts are here to help; call for referrals: 01530 414140.

The Property was viewed by Graham Allman who will be delighted to discuss the opportunity with you 7 days a week on 07765 251208.

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.

Keywords: LOUGHBOROUGH, G4614L, leasehold, £39,000

A unique “window” to acquire a most delightful and rare Cotswolds village freehouse of character and charm dating back to the early 1600’s, a blend of history and opportunity – currently closed

This is potentially a most exceptional business and family home all within a rare and quintessentially Ye Olde English inn is offered at an asking price of £499,000 Freehold

• Heavily Oak Beamed open plan trading areas on split levels with many original features including Inglenook Fireplace Priest Hole
• Proven historic sales consistently on £225.000 gross pa 60% Wet to 40% Dry – 8 years accounts pre-2005 available
• Your opportunity to develop something special to your own “vision”
• Three bed roomed owners home with private entrance
• The whole business and home in need of cosmetic renovation – possible barn conversion
• Extensive 2 ½ acre of Inspiring grounds within rolling Cotswold country side with the village as a backdrop

LOCATION (OX15 5RQ)

The village of SIBSON GOWER is located approx 10 miles from the ANCIENT MARKET TOWN of BANBURY. Follow the B4035 towards SHIPSTON –on- STOUR following signs for SIBSON GOWER & SIBSON passing through the villages of Broughton & Tadmarton. From Shipston- on- Stour follow the signs for Banbury passing through the villages of Upper & Lower Brailes. STRATFORD upon AVON, WARWICK, MORTON in the MARSH, CHIPPING NORTON and the glories of the COTSWOLDS which are steeped in the history of OLDE ENGLAND and amongst some of Gods most glorious countryside provide for the setting of this Sib Valley Village and its 17th C stone built “local”. Even in 1782 it was known as THE OLD INN and was re-named BISHOP BLAIZE after local association with the wool trade and markets of the Cotswolds.

PROPERTY DESCRIPTION

A particularly appealing and unspoilt by time 17th Century Inn, constructed in mellow Cotswold stone under assorted pitched Welsh slate roofs being completely detached and set on approx 2 ½ acres within the village boundaries, indeed, potentially the quintessential “Roses around the doors” English Village Pub.
INGLENOOK SNUG (12) with a large wood-burning stove is without doubt an exceptional feature of this OLDE ENGLAND INN. Snuggling into its deep set INGLENOOK fire place of old local stone with heavy dark beam above (horse brass’s of course would finish the picture off) seats are set into the Inglenook and it is believed that in early days this provided a “priest hole” and is now a most popular feature of the Inn. The area has a low oak beamed ceiling and a hard wearing red tiled floor. THE BAR SERVERY which is of unusual curved construction with Real Ale WICKETS and Bright Beer pumps.
MAIN LOUNGE (36) has a beamed ceiling, exposed stone walls, with views through the paneled windows of the splendid views over the gardens. A most delightful and bright room. LOWER SNUG (10) This room has also been used for pub games such as darts.
BEER CELLAR is on the ground floor for ease of use. CATERING KITCHEN has a full range of light COMMERCIAL equipment, fully tiled with non-slip floors and S/S canopy extraction. Further storage and refrigeration space is provided extending off the main kitchen, which has external access. LADIES & GENTS toilet facilities are well to the standard of this Inn.

OWNERS HOME

The HOME has its own PRIVATE & SEPARATE entrance along with secure YARD enabling total privacy to its owners. There are THREE BEDROOMS all of double or twin size with period features and lovely views along with PRIVATE LOUNGE with country views, generous FAMILY BATHROOM (further accommodation could be made available in a BARN CONVERSION – subject to P.Ps).

EXTERNALS

In need of bringing back to it’s former glory which could be easily achieved with the use of agricultural plant from local farmers. As they say “seeing is believing”! Set on approx 2 ½ acres the Inns externals are most certainly a jewel within an already rich crown. There are PATIO areas, walks, formally landscaped gardens and splendid views down over the sheep-strewn hillside and across the surrounding fields which on a clear day stretches into Gloucestershire and Warwickshire –altogether “inspiring”.
To the pubs frontage there is a barn, which is suitable for conversion as an extended family home, bed & breakfast or holiday let. A large car park (20) provides direct access to the pub and its gardens. There is an overgrown grassed area to the front of the building, which could be used for picnic tables. PPs are in place for a restaurant extension.

PREMISES LICENSES

We are advised that the business has not renewed its premises license however we are advised that upon application this will be reasonably re-granted. A PERSONAL LICENSE will be required (our associate training company can assist with this).

TENURE

We are instructed to offer the business as TOTALLY FREEHOLD and FREE of ALL TIES.

SERVICES

Mains Electric, Waters and Sewage are connected with Central Heating by Oil.

THE BUSINESS (CURRENTLY NOT TRADING)

Our clients have owned the property since 2005 however have not operated it as a business throughout this time, the previous owner enjoyed running the business from 1997 till this date and enjoyed an exception lifestyle for themselves and their family, then purchased a residential property locally to retire to. Sales to y/e 31/03/05 show £225,000 Gross with a sales split of 60% Wet to 40% Dry – No machine Income- (130 Beer Barrels – @ 288 pints). A Recon Net Profit of £60,000 was easily achieved (after adding back personal and exceptional expenses).
A NEW OWNER could take advantage of extended opening hours and further focus on the FOOD element of the business, having been of low interest, which could easily develop up to £400,000 pa with a potential Net Disposable Profit of £120,000, along with possible income from a conversion of the barn. This is an ideal family run business and should be of interest to both corporate buyers and discerning private purchasers.

IF A LITTLE UPGRADE PROJECT IS WITHIN YOUR PLANS AND WITH A LITTLE IMAGINATION THIS COULD BE YOUR OPPORTUNITY TO DEVELOP A “TROPHY” INN WITH DEFINATE “TOP DRAWER” POTENTIAL

The business was viewed by GRAHAM ALLMAN who will be delighted to discuss the opportunity with you 7 days a week on 07765 512 208. Please note the pictures were taken during the trading period in 2005, and do not reflect the current state of the building. With reasonable investment it can be restored to it’s former glory. No structural work is required, purely cosmetic by way of decor, partial refurb and landscaping.

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.

Keywords: G4724F, SIBSON GOWER, OXFORDSHIRE, freehold, £499,000

AN IMMENSLEY PLEASURABLE 17TH CENTURY STONE COACHING INN SET ON CHIPPING CAMPDEN HIGH STREET REPUTEDLY THE MOST BEAUTIFUL HIGH STREET IN ENGLAND AND WITHIN THE SPLENDOURS OF THE COTSWOLDS

A PERFECT EXAMPLE OF A THRIVING SUPERBLY LOCATED COACHING INN BUSINESS OFFERED AS AN ASSIGNMENT OF A PART TIED LEASE AT £99,950 TO INC FIXTURES & FITTINGS, GOODWILL PLUS S.A.V.

• Excellent sales foundation of £537,735 inc vat split 40% Wet 60% Dry + guest letting income with a weekly profit of above £1,000 (£58,000 pa)
• York slabbed period interior with smouldering open fires and inglenooks -Stable Bar (60+) Snug (16+) Restaurant (36) Private dining (24) – 5 individual en-suite guest bedrooms
• Feature Courtyard heavy with floral arrangements ( 60 )
• “Engaging” tourist surrounds close to Stratford upon Avon, Warwick, Blenheim Palace, Moreton-in-Marsh & The Shire Counties
• 5 good bedrooms within 2 flats
• 20 year protected & renewable lease Free of Tie Wines, Spirits, Minerals.

LOCATION (GL55 6AS) www.theredlioninn.org

Set within Gloucestershire in the North Cotswolds, the medieval old wool merchants Market Town of CHIPPING CAMPDEN is rich in varied architecture and has the enviable reputation as the most beautiful high street in all of England. Attracted by its rich historic past and awesome countryside visitors can not only enjoy the delights of this most charming old town but also the nearby surrounding English Shire Counties of Oxfordshire, Worcestershire and Warwickshire. Hardly touched by the centuries, the town is close to such tourist magnets as Stratford upon Avon, Warwick with notably the finest medieval castle in Europe, Blenheim Palace and much much more. The station at nearby Moreton-in-Marsh provides a rail link to London in under 2 hours and The City of Birmingham is a straightforward drive up the M40.

PROPERTY DESCRIPTION

Commanding a corner position on Lower High Street and Sheep Street, there has been a hostelry on this location for 400 years. The property is constructed of mellow Cotswold Stone under pitched tiled roofs with hanging baskets and flower troughs decorating its already pretty exterior facade. You can look through its low timber front door and see through to the picturesque flower behest courtyard or peak through the front bay windows to see logs smouldering away in the Snugs fireplace. THE STABLE BAR (60+) with games and pool area off has recently been added to the other trading areas and has become a focal point for the villagers as a popular neighbourhood bar. Teams include Pool, Darts, Poker and is used by a local football team as their “mess”. The room has its own bar servery with Real Ale Wickets. SNUG (16) a most enjoyable experience with open fire grate, York Slabs and seating set into the bow window. CENTRAL BAR SERVERY with Real Ale Pumps shares with the RESTAURANT (36c) with Inglenook fireplace , York Slabs and exposed stone works and beams, deep set windows to High Street and is furnished with polished timber tables and stick back chairs within two dining areas. PRIVATE DINING/MEETING ROOM (24) a stairway leads onto the 1st floor private dining room used also for private meetings. BEER CELLAR is set to the ground floor with real ale stillage and is fully chilled. TOILETS are located to the front and rear of the bars and to a good standard. CATERING KITCHEN to the 1st floor and is fully equipped with professional units and has a fitted extraction system. MANAGERS OFFICE is to the 1st floor along with plenty of further storage.

GUEST LETTING ACCOMMODATION

An adjoining cottage provides the Guest letting with well appointed bedrooms all en-suite and individual in design. This consists of 5 rooms one of which is a “four poster” double with large bathroom and corner bathtub. 3 further doubles and a twin/double. Guests can come and go as they please without entering the main building with entrance from Sheep Street.

OWNERS ACCOMMODATION

To the 1st & 2nd Stories and comprises of 2 flats, the managers flat has 2 double en-suite bedrooms and living room then the owners accommodation of a Triple bedroom en-suite and 2 further bedrooms , kitchen and bathroom.

EXTERNALS

The terraced patio (60) has recently been added and has become a popular locale for villagers and the Inns clientele to while away the sunny Cotswolds days being a veritable suntrap recording temperatures way above that of the location in general. The patio is furnished by way of robust timber sets and large umbrella. Car parking for 8 vehicles. There is a currently unused “scrub” area to the rear of the property suitable for further development.

PREMISES LICENSES

The premises license allows openings of 10.00hrs till 24.00hrs all week with 01.30hrs Saturday & Sunday. The business opens 12.00hrs till 15.00hrs then 18.00hrs till 23hrs Mon/Tues/Weds/Thurs/Fri then 12.00hrs till 23.00hrs Saturday & Sunday. There is plenty of opportunity to extend these opening hours especially during the spring through autumn period. A Personal License will be required and our training associates can assist with this for you.

TENURE

We are instructed to offer the property for sale as an assignment of a 20 year GREENE KING lease. The lease is fully protected under the Landlord & Tenant Act and renewable at no further cost at its end. Rent is set at £48,000 until 2012 and is free of tie for Wines, Spirits & Minerals.

SERVICES

We are advised that the pub benefits from all mains connected , with heating by GAS. Business rates payable are £12,600 .

THE BUSINESS

Our clients have run the business as a family during the past 5 years and have recently taken on a 2nd Greene King Pub. The decision to offer the business for sale is due to the wish of one of the family to retire having worked oversees most of his life until returning to The Cotswolds to run this business. Sales for 2009 will show above £500,000 inc vat “07” shows £505,000 inc vat with a Net Profit of £58,000 (above £1,000 p/w) and “08”, sales of £537,735 inc vat with a GP of £275,197 (60%). The income from the Stables Bar and terraced patio are yet to fully impact within the accounts.

AN IDEAL PURCHASE FOR THOSE LOOKING FOR A HIGH TURNOVER RESIDENTIAL INN WITHIN A CHARMING ASPIRATIONAL LOCALE– A MUST TO VIEW EARLY

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

Keywords: CHIPPING CAMPDEN, GLOUCS, G4654L, leasehold, £99,950

DELIGHTFUL 18TH CENTURY VILLAGE INN ENJOYING A MAIN ROAD POSITION IN THE CENTRE OF THE THRIVING AND AFFLUENT TOWN OF LONGRIDGE – GATEWAY TO THE FOREST OF BOWLAND

P(item3). A HIGHLY POPULAR INN WITH AN IDEAL LOCATION OFFERED AT A REALISTIC ASKING PRICE OF £35,000 LEASE ASSIGNMENT PARTIALLY TIED TO INCLUDE FIXTURES AND FITTINGS, GOODWILL PLUS S.A.V

• Pro rata from 6 months accounts to Y/E 31/1/10 demonstrate annual Sales £370,000 incl. vat.
• Stone built Inn comprising Lounge (20+V), Bar (28+V) Games Room (8+V) surround the unique circular bar
• Lovely rear externals (50+ vertical) include new timber decked patio & heated shelter with mature garden
• Extensive 4 x bed owners accommodation
• Protected & renewable 20 year lease part tie from Aug’92 (can re-negotiate new lease on purchase)

LOCATION (PR3 3JR)

The Forrest Arms occupies a commanding main road position in the centre of Longridge, a prosperous Ribble valley town on the north side of the vibrant city of HYPERLINK “http://en.wikipedia.org/wiki/Preston” \o “Preston” Preston (6 miles) with a close proximity population of over 14000.
The historic town of Longridge is one of the main gateways to the HYPERLINK “http://www.visitlancashire.com/site/destination-guide/forest-of-bowland-aonb” \o “More information about Forest of Bowland” Forest of Bowland, an Area of Outstanding Natural Beauty in the heart of Lancashire. Longridge is the second largest market town in the HYPERLINK “http://www.visitlancashire.com/site/destination-guide/ribble-valley” \o “Ribble Valley” Ribble Valley and started life as a small settlement around St Lawrence’s Church 500-odd years ago. Longridge thrived during the Industrial Revolution when many cotton mills and quarries opened now leaving behind a peaceful, prosperous town full of pretty stone houses. John Smith’s Playing Field was once one of the town’s quarries and is now home to a Nature and Sculpture Trail with a series of original sculptures livening up what was once simply an orienteering course. There are five Heritage Trails in and around Longridge, detailing the town’s history. Several buildings in Longridge have been awarded Blue Heritage Plaques to commemorate and conserve the town’s history.
Nearby attractions include Ribchester Roman museum in the picturesque village of Ribchester (3 miles) set in the beautiful countryside of the Ribble Valley, and Salmesury Hall (4 miles) a 14th century manor house.
Longridge’s weekly Thursday Market is a must with various stands selling fresh local produce and a hike up to Longridge Fell offers amazing views across the Ribble Valley.
Longridge has excellent schools and amenities and enjoys good access to major roads with the M6 only 4 miles away.

PROPERTY DESCRIPTION

Charming 18th century stone property with pitched slate and tile roofs.
LOUNGE (20+V) comprising leather sofas and stools surrounding wooden tables set on raised carpet flooring. Contemporary décor and lighting with windows overlooking the busy high street. BAR (28+V) upholstered spindled chairs and stools with wooden tables surround the unrivalled round bar with large FSTV set above the tiled feature fireplace and timber surround. GAMES ROOM (8+V) with 2x leather sofas, pool table, FSTV and patio doors leading to the resplendent external aspects.
The unusual ROUND CENTRAL BAR SERVERY is of Solid wood construction with timber tops offering an excellent and varied range of Real Ale Hand Pulls and Bright Ale Pumps.
Tiled LADIES and GENTS to the Ground floor.
Large Basement BEER CELLAR with separate bottle and spirit stores.
Excellent fully fitted CATERING KITCHEN.

OWNERS ACCOMMODATION

Large 4 x d/bed first floor accommodation including kitchen, office, living room, bathroom, wc, and utility.

EXTERNALS

Pleasing new timber decked large patio (50+V) to the rear of the Inn with new round wooden benches and picnic benches overlooking the attractive garden providing an idyllic setting on a sunny day. A raised timber shelter with wooden decked flooring and heaters also serves.

PREMISES LICENSES

We are advised that the Premises License allows opening for 11.00 – 01.00 Sun – Thurs, 11.00 – 01.30 Fri/Sat.
The INN currently trades from 17.00 Mon-Thurs, 11.00 Fri/Sat, 12.00 Sun.

A Personal License will be required and our training associates can assist with this for you along with other licensed retail training inc BII courses.

TENURE

The business is being offered with the benefit of a 20 year assignable partially tied LEASE – Beer & Bottle Beer (excludes 1 Real ale, cider, wines & spirits) from ENTERPRISE INNS with a current rent of £39,000 (Enterprise will be willing to re-negotiate this lease on purchase). The lease is fully protected under the Landlord & Tenant Act and therefore fully renewable at its end for a further 20 years at no further cost.

SERVICES

We are advised that the Inn benefits from mains electric, water and sewage with Gas central heating. Business rates are advised as £13,000 per annum.

THE BUSINESSES

Our client has run the Forrest Arms for over 7 years. Due to personal family commitments he now wishes to relinquish this business that he has devoted his life to developing over recent years.
The Forrest is highly popular with the locals of all ages offering Sky TV, an excellent range of fine ales and private rear garden and decked patio. The Forrest features in the Good Beer Guide and conduct its own very popular Longridge Beer Festival.

We have 6 months accounts to Y/E 31 Jan’10 that show Sales £185,000 incl.vat (annual circa £370,000) from limited trading hours due to personal circumstances.

A UNIQUE OPPORTUNITY TO SEIZE THIS LOVELY PUB AND FULLY CAPITALISE ON THE TRUE BENEFITS OF THIS SPLENDID BUSINESS WITH LOTS OF POTENTIAL

Our panel of financial experts are here to help; call for referrals: 01530 414140.

The Property was viewed by Shaun Gray who will be delighted to discuss the opportunity with you 7 days a week on 07855 272452.

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.

Keywords: LONGRIDGE, PRESTON, D4682L, leasehold, £35,000

RATED AS “EXCELLENT” BY THE REGULARS THIS IS AN IDEAL PLACE TO START A LICENSED TRADE CAREER LOCATED ON THE FRINGES OF “GREEN FLAG” PARK AT FENLAKE, BEDFORD

A UNIQUE CHANCE TO ACQUIRE A WELL LOOKED AFTER PUB AND GET IN CONTROL OF YOUR FUTURE OFFERED AT £29,950 LEASE TO INCLUDE FIXTURES AND FITTINGS GOOD WILL + S.A.V.

• Trading at £164,146 inc vat 100% Wet – Huge Dry Potential – substantial “recorded” profits having lived free
• Well presented throughout, Lounge Bar (40+) – Public/Games bar (30+) – unused kitchen
• Excellent secure mature garden (60+) with smoker solution– car parking (20)
• Nice semi – rural location with mature customer base – tourist potential
• Generous 3 bed roomed owners accommodation – private access
• 20 year secure renewable lease

LOCATION (MK42 0DA)

Finding this little gem of a well loved and kept pub was indeed a reward in itself. It sits to the fringes of The Priory Country Park which has been awarded the GREEN FLAG STATUS, the highest award for public parks in Britain, which runs approx 2 miles from the bustling Town Centre of Bedford along the embankment with its green gardens, described as “taking in some of the Counties most attractive landscapes” including the Great River Ouse. This lovely pub sits back from Cardington Road, A603 which runs from the town centre,A421 to the Bedford Southern By-pass, A5140. Bedford has a population of 80,000 plus a large university and further education college, both of which are close to the pub, this swells the residential numbers during term times however the business at present does not target this market but majors on local support. Bedford is the “County town” and has an ancient British heritage with a Medieval Castle and many historic buildings and well known “sons” of the town. The town is well positioned for transport and communications with the A6, A421, A428 and J13 of the M1 close by as is Luton Airport.

PROPERTY DESCRIPTION

The property is of brick construction under steep pitched roofs and stands detached set back from the road by a mature shrubbed frontage with timber tables and umbrellas set to it providing a pretty cottage façade. Enter from the front vestibule or from the rear garden/side entrance into a much loved and well kept pub. The LOUNGE BAR (40+ standing) is on two levels with a skittle table to the raised area. The room is fully carpeted and has mix of loose tables and chairs. Panelled windows bear natural light and there is a feature “A” frame ceiling along with a timber surround fireplace. PUBLIC BAR & GAMES ROOM (30+ standing) has a hard wearing floor finish with a pool table and bow windows with views over the Country Park. CENTRAL BAR SERVERY is of dark wood construction with a polished counter top and useful backfittings for merchandising. Ladies, Gents and Disabled facilities are provided to a good standard. CATERING KITCHEN (to the rear of the bar servery) is not equipped however it does have s/s extraction fitted and ready “to go” depending upon the style of menu being offered. BEER CELLAR is to the ground floor and fully chilled.

OWNERS ACCOMMODATION

Our clients have facilities of 3 good bedrooms, large lounge, family bathroom & modern fitted kitchen and has access away from the public trading areas of the business along with an external fire escape. Ideal for families.

EXTERNALS

One of the most endearing features of the business are it’s external features which include benching to the front elevation, a secure rear beer garden (60+) with mature shrubs and foliage. Car parking is available for 20 vehicles.

PREMISES LICENSES

The Premises License allows for the retail of alcohol all week 10.30am till Midnight . The business actually opens 12 noon till whenever they decide to close all week. 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 business as an assignment of a 20 year lease from ENTERPRISE INN’S commencing 2005 and is fully protected under the Landlord & Tenant Act and renewable at it’s end at no further cost.

SERVICES

We are advised that the business has mains electric, water, sewage connected along with Mains Gas for central heating. Business rates payable as £6.400pa.

THE BUSINESS

Our clients have enjoyed there 5 years at the pub and due to being “of a certain age” now intend to take life a little easier and semi retire. Sales are “recorded” as £164,146 pa inc vat all Wet Sales with a GP of above 56%. Without doubt there is a tremendous opportunity to introduce food into the business (its main road location and positioning adjacent the Country Park is an obvious target market) which will also add further wet sales and build upon an already robust business and “declared” Recon Net Profits of £17,218 pa having paid all trade expenses including rent and having lived free out of the business. You could see sales driving up to and beyond £250,000 pa which should result in a bottom line net disposable profit of circa £40,000 for the year. Not to bad eh !!!

IF YOU ARE LOOKING TO ENTER THE TRADE AND TAKE CHARGE OF YOUR FUTURE RUNNING AN ENJOYABLE BUSINESS WITHIN A POPULAR COMMUNITY ? THEN LOOK NO FURTHER, HERE IT IS, YOU HAVE FOUND IT!!!!

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.

Keywords: FENLAKE, BEDFORD, G4723L, leasehold, £29,950