Business for Sale Overview:
This award winning quality destination pub and restaurant is situated at the heart of a village located in Berkshire and has been here for over one hundred years and owned by the current tenant since 2006. Originally a coach house serving horse drawn carriages on the busy London to Bath Road, before the introduction of trains or motor cars, the pub has changed in many ways to a significant degree and yet in others, very little, as it still retains the charm and character of the original pub, whilst being modern and welcoming inside.
The pub does though still continue the long tradition of serving wholesome home cooked meals to the local community and hungry travelers. But as times have changed so has the quality of food offered and today’s diners receive quality, flavors and ingredients that were unheard of in the 18th Century.
The owner takes great care and delight in sourcing produce from the highest quality producers and preparing fresh meals in house daily to their own unique recipes. Accompanying this superb food is an extensive wine list to suit all tastes, with wines designed to take diners on a journey around the globe.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
There is a renewable 20 year Enterprise lease in operation expiring in 2019, with a tie on beers only and attracts a rent currently of £44,000 per annum, subject to 3 yearly rent reviews.
As well as a character bar and restaurant for 60 covers there is a function room catering to 40 covers and a patio beer garden for another 40 covers. A ground floor cellar provides easy access for deliveries and a large fully equipped, commercial kitchen with wash up area and food prep area, means cooking for large numbers of covers is easily accommodated. There is also ample parking to allow for the number of diners.
The owner’s accommodation is 3 double bedrooms, living room, shower room, office, domestic kitchen, and sun deck set in a rural village location in Berkshire.
Market Competition and Expansion:
Much of the business's revenue is a result of word of mouth recommendation, bearing strong testimony to the excellent reputation enjoyed by the business since its inception. As there is currently little advertising the owner is aware that a more active sales and marketing campaign would certainly improve sales and profitability and will increase its market exposure and revenues.
Reason for Selling:
Due to personal commitments the owner is no longer
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: