Excellent Leasehold Public House, Restaurant & Hotel | | Upton Upon Severn Worcestershire | | EXCELLENT LEASEHOLD PUBLIC HOUSE, RESTAURANT & HOTEL Situated in the beautiful town of Upton upon Severn, Worcestershire Advised turnover £430,000 PA with good gross profit returns | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 53617
ADVERT IMPRESSIONS : 13,499 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £230000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | EXCELLENT LEASEHOLD PUBLIC HOUSE, RESTAURANT & HOTEL
Situated in the beautiful town of Upton upon Severn, Worcestershire
Advised turnover £430,000 PA with good gross profit returns
Superb family/husband and wife business opportunity
Early interest and viewing is highly recommended
Sale price includes all fixtures and fittings
2 bedroom private living accommodation
Consistent trade throughout the year
Ideal lifestyle change opportunity
Favourable brewery tie lease
2 managers’ flats
5 guest rooms
LEASEHOLD
Location
This leasehold public house, restaurant and hotel is situated in the beautiful town of Upton upon Severn, Worcestershire. The property has an ideal trading location from being situated on the bank of the River Severn giving the property exceptional views from virtually every angle. The local area has a fine display of housing and commercial businesses which all contribute to a very consistent trade throughout the year. Upton upon Severn is well known as a tourist town which attracts a healthy amount of visitors on a daily basis which contributes to a good footfall. The business receives a lot of trade from the Three Counties Showground for accommodation and food and also from 4 festivals which take place during the summer months. It is a short distance north of the boundary with Gloucestershire, broadly speaking, half way between Worcester (to the north) and Tewkesbury (to the south). The Malvern Hills lie just a few miles to the west of Upton, and the historic town of Pershore lies to the east. The town also benefits from being very accessible via the M5 motorway which is approximately 2.5 miles away making visiting and commuting very easy.
Business History
Meridian Business Sales are delighted to offer for sale this leasehold public house, restaurant and hotel which has a proud history in the town dating back to the 1600s. Since 2008 the business has been owned by our clients who are only now placing it onto the market due to their growing family commitments and the need for relocation. The business which is run and managed by our clients with the assistance of staff achieves a highly respectable advised annual turnover of £430,000. This is derived from selling a large range of beers, wines and spirits with complementary hot and cold beverages, a traditional public house style food menu with seasonal specialities as well as 5 high quality guest accommodation bedrooms which are presented to a very high standard. The business is exceptionally well known throughout the town and is referred to by many as a well known river landmark. The business has always enjoyed exceptional levels of repeat trade with many of the local visitors appearing frequently throughout the year. The public house also attracts a large amount of new visitors from its highly visible location and from good word of mouth recommendations from happy customers. Our clients have worked exceptionally hard on the property’s presentation and have gone to considerable expense on the fixtures and fittings. They are very generously including all fixtures and fittings into the sale price which is a huge plus for a new owner as additional funds will not need to be spent for the foreseeable future. This opportunity really does offer the picture postcard setting with beautiful views and an ideal location close to the town centre amenities and attractions. We would like to urge very early interest in this opportunity as properties of this calibre rarely appear on to the market.
Financial Profile
Turnover: £430,000pa
Stock approximately: £5,000
Tenure
Leasehold
Original length: 10 years
Remaining: 7½ years
Rent: £49,000pa
Opening Hours
Monday: 12:00pm - 11:00pm
Tuesday: 12:00pm - 11:00pm
Wednesday: 12:00pm - 11:00pm
Thursday: 12:00pm - 11:00pm
Friday: 12:00pm - 11:30pm
Saturday: 12:00pm - 11:30pm
Sunday: 12:00pm - 10:30pm
Accommodation
Exceptional public house, restaurant and hotel with many features throughout including naked brickwork, feature fireplaces, Chinese slate flooring and wooden beam work, briefly comprising of:
GROUND FLOOR
Grand reception entrance with feature fireplace, snug with feature fireplace, darts and seating.
Open plan dining room with portions, 32-40 covers with traditional dining tables and chairs.
Office area seating 2-3 with desk, chairs and paperwork storage.
Hotel reception fitted desk with booking system, payment systems and small seating area.
Rear drinks preparation area with coffee machine and ladies, gents and disabled toilets.
Open plan bar lounge with dining tables and chairs and sofa seating 30 covers, fitted bar with pumps, rear spirit displays, chillers, glass storage, rear of bar preparation area with glass washer, worktops and double wash basin.
Fully fitted stainless steel kitchen briefly comprising of: 2 x double deep fat fryer, 6 hob traditional cooker, solid top cooker, several worktops, 2 grills, 5 microwaves, 6 pot Bain-Marie server with shelving, contact press, serving unit with chilled base, shelving, side preparation and storage area, fridges, freezers, hand wash basin, shelving and racking plus secure storage cupboard. Utility wash room, dish washer, worktops, wash basin and shelving.
Safe room with safe leading down to traditional cellar with sub pump. (Currently used for storage)
FIRST FLOOR
Guest Bedroom - Superior room with en-suite toilet, shower and wash basin.
Guest Bedroom – Double or twin room with en-suite bath, toilet and wash basin.
Guest Bedroom - Double or twin room with en-suite toilet, shower and wash basin.
Guest Bedroom – Double or twin room with en-suite toilet, shower and wash basin.
Private Owners Accommodation - 2x double bedrooms (one situated on second floor), living room, kitchenette and bathroom.
SECOND FLOOR
Managers Flat 1 - Double bedroom, living room, bathroom with toilet, bath and wash basin.
Managers Flat 2 - Living room, double bedroom with en-suite toilet, shower and wash basin.
Guest Bedroom - Double room with exposed beams and en-suite toilet, shower and wash basin.
EXTERNAL
To the front - Courtyard style seating/dining area with picnic benches.
To the side - Courtyard style dining/drinking area with picnic benches, fitted wooden large smoking shelter with removable Perspex windows and perimeter fencing with gated road access. Barn with bar, giving it potential for functions.
To the rear - Moorings along river 170 feet long allocated to property. | | | | | | FOR SALE | | | | | REFERENCE: | 2380 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
