Financial Details
Asking price: £695,000
Sales revenue: £312,000
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed

Business Description
Advent Business Sales is delighted to have been instructed to offer to the market this extremely well established Freehold Public House, which is positioned on a good sized plot of land. The pub is also offered as a leasehold option at £180,000 + SAV

The Pub was established in approximately 1915 and has been in the hands of the current vendor for approximately 2 years.

It is only now reluctantly offered for sale due to the vendor’s retirement plans.

The business is predominately food led with the current split approximately 80/20 dry/wet sales.

There is an excellent commercial kitchen, which briefly consists of:
- 6 burner hob
- overhead grill
- 2 deep fat fryers
- 4 industrial microwaves
- turbo fan oven
- 2 stainless steel 6’ freezers
- walk in freezers
- walk in cold store
- stainless steel prep fridge
- small freezer
- large dishwasher and a water softener

There is an average spend of between £25 to £30 per person in the evenings and of £15 to £18 at lunchtimes.

ref:8515WR
General Information
Years established:1915
Trading hours:Mon – Sat: 11.00am – 3.00pm and 6.00pm – 11.00pm. Sun: 12 noon – 4.00pm and 7.00pm – 10.30pm
Property:Freehold
Lease terms:TENURE: Freehold Tenure Leasehold Lease length: 10 years Review Every: 3 years Rent: £850.00 per week We are advised that the annual business rates are currently: £878 owners accommodation and £8,350 business
Living accomodation:BUSINESS PREMISES Large lounge with a 50 cover restaurant. It is situated around a central bar area and to the side of the large commercial kitchen with the walk in cold store. Access to the owner’s accommodation, which is on the first floor, is via a spiral staircase on the side of the inn. Opening door leads into an office area and to a large lounge. There is a second reception room, bedroom, kitchen and bathroom with shower cubicle. External - 30 space car park, - One double garage - Outside storeroom attached to the double garage with a walk in Freezer. There is an Excellent letting bungalow (known as the Stables) consisting of: - double bedroom which sleeps 2 - cosy comfortable lounge/dining area - well equipped kitchen - bathroom with full suite and shower over bath Occupancy levels average 75% and letting fees average between £300 to £600 per week depending on the time of year.
Location:This Public House is set in the heart of the South Worcestershire countryside and within easy travelling distance of Worcester itself. The Malvern Hills are on the edge of the Vale 0f Evesham.
Cheltenham, which is considered to be the gateway to the Cotswolds, is also within striking distance.
The Pub is renowned for its excellent rage of quality home cooked food with seasonal produce being sourced locally. They have an excellent specials board with frequent changes to maintain interest. Their real ales are a speciality with many local types of ale available most of the year.
Expansion potential:Whilst this excellent freehold public house is already very successful, it still offers very good growth potential. A conservatory could be added which would add approximately twenty covers and the garages could be converted to form an additional two extra letting rooms. Plans are available outlining the proposed extensions
Financing available:Please let us know if you require finance for the purchase of a business.
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  • Photograph of this business for sale

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