Business for Sale Overview:
Advent Business Sales are delighted to offer to the market this extremely well established and popular Cotswold country inn.
This Grade 2 listed public house dates back to 1891, with the current vendors having owned the pub for almost 1 year. They are reluctantly offering it for sale due to ill health.
The pub is tied with Enterprise, but is still able to have 3 pumps serving traditional ales and ciders, which are changed on a regular basis.
The pub benefits from having many loyal local customers as well as the large tourist numbers who explore the countryside by car and on foot.
The pub is in the process of having a total refit, paid for by Enterprise Inns, who want to restore it to ‘flagship’ status.
The exposed brick work and beams together with oak wooden floors and an attractive large open fire gives the pub a warm and friendly feeling.
The pub benefits from a 45 cover restaurant and has regular themed nights such as every Wednesday being a steak night. They have also had curry and Romanian evenings. In addition, they have live music and quiz nights with both events attracting good numbers. The pub also sponsors the local cricket team and both the men’s and ladies skittle teams.
The pub has an excellent commercial kitchen just off from the restaurant, it includes:
3 microwaves;
Twin fryer;
6 ring gas burner with oven under;
Hot plate;
3 upright freezers;
2 chest and 1 upright fridge;
Dishwasher;
Range of stainless steel work units;
Full extraction unit.
It also has non slip flooring throughout.
There is a website available with the business.
We are advised that stock at cost is approximately £4,000.
Staff Details:
Husband & wife run the business along with 3 full time & 2 part time @ 12 hours & 24 hours.
Trading Hours:
Mon: 4.30pm – 11.00pm.
Tues – Thurs: 12noon - 2.30pm & 4.30pm – 11.00pm.
Fri & Sat: 12noon – 12 midnight.
Sun: 12noon – 10.30pm.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Business Premises:
A very attractive Grade 2 listed public house currently undergoing a total refit, it briefly comprises of the following:
Ground Floor:
Entry from the pavement into the main and attractive servery with ‘L’ shaped bar.
Oak flooring, large open fireplace with copper canopy, exposed. Cotswold stone brickwork, plasma TV, seating for approximately 50.
Through to 45 cover restaurant with exposed Cotswold stone brickwork.
Fully fitted commercial kitchen off the restaurant.
Rear boiler room and dry stores.
Ground floor shower room, ladies & gents w/c off corridor from bar to restaurant.
Upstairs to function room/skittle alley, which will seat approximately 80.
Beer garden with 4 benches and built in BBQ area.
Twin store rooms.
First Floor:
Private accommodation including:
3 double bedrooms;
Lounge;
Kitchen;
Bathroom.
Tenure: Leasehold.
Original lease: 5 years rolling.
Remaining lease: 5 years.
Review every: 5 years.
Rent: £15,000 Per Annum, now rising to £27,000 after 1 year.
We are advised that the annual business rates are currently: £1,335.
Market Competition and Expansion:
This is clearly an exceptional pub but we believe there is still scope to increase both sales and profits further by:
1. Converting the function room/skittle alley to 4 holiday lets.
2. Having a brown tourist board sign to advise passing traffic the way to the pub.
3. Letting out some of the spare bedrooms.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.