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Retail

Food & Beverages

Advent Business Sales is delighted to have been instructed to offer to the market this quite exceptional free of tie public house with huge potential. This Grade Two listed public house which dates back to Oliver Cromwell times,(circa 1600), has been in the hands of the current owners for over 6 years and is only now being reluctantly offered for sale as they plan to retire. During their ownership, the vendors have meticulously refurbished part of the pub and transformed the extensive gardens to such an extent that customers travel from far and wide to admire the outstanding views which can extend to over 45 miles away on a clear day. Stock at cost is approximately 4,000. The sales are split approximately 35/65 wet/dry. The restaurant has 60 covers and a further 20 outside on the terrace. On fine days and evenings, the terraced tables are requested first as diners here can fully appreciate the magnificent view. They have an extensive menu including: Lunchtime menu lighter bites Hot and cold sandwiches as well as starters and main courses. Dinner menu starters, mains, pasta, grills, fish and vegetarian options. The business employs 3 full time in the kitchen, a full time barmaid, a full time handyman and numerous part time staff who only work a few hours each. They achieve annual sales of approximately 300,000 and an above average gross profit, which reflects the fact that they are free of all ties. This is an absolutely fantastic opportunity for a husband and wife team, who are able to maximise the potential which this wonderful pub offers. Whoever views it will want to live there because the view is so uplifting. REF: 8832 HP TRADING HOURS Mon: closed Tues Sat: 12 3pm & 6pm 11pm Sun: 12 4.30pm EXPANSION POTENTIAL Whilst already a profitable business, there is ample room to increase sales and profits further by: 1. Opening on Sunday evenings and on Mondays 2. Providing more garden benches 3. Advertising none is done at present 4. 5,000 new homes are planned to be built at Aylesbury with no planned public house, FINANCIAL INFORMATION We have been advised by the vendor of the following: Annual sales: 300,000 Gross Profit: 170,000 Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. BUSINESS PREMISES A substantial Grade Two listed property briefly comprising of: Ground Floor 60 cover restaurant 20 cover terrace 100 seating in garden can fit 200 bar area full commercial kitchen ladies and gents w/c bed sit currently used by the head chef plumbed in caravan used by the bar waitress car parking for approx 20 cars outbuilding used as storage Private Accommodation Separate access 3 double bedrooms kitchen office bathroom and w/c large lounge TENURE: Leasehold Original lease: 30 years Remaining lease: 29 years Review every: 5 years Rent: 44,000 We are advised that the annual business rates are currently: 1542

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