Attractive & Spacious Detached Village Freehouse/restaurant Plus 11 Bedroom Motel Block (built On At Rear We Understand Approx. 9 Years Ago) Standing | | Undisclosed Suffolk | | Sought after locality, SUFFOLK. | | ADVERT NUMBER : 60813 ADVERT IMPRESSIONS : 23,197 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | FREEHOLD: | £450000 | LEASEHOLD: | £40000 | | | | | BUSINESS DETAILS: | Features : GROUND FLOOR SPACIOUS LOUNGE BAR, carpeted plus large area with woodstrip polished floor. Large open fireplace plus additional open fireplace. Tables and chairs plus 4 armchairs and 4 sofas providing seating for approx. 40 persons. Bar with mahogany servery, mirror-backed shelving, range of optics, hand pumps, coolers etc.
The bar leads to a CONSERVATORY which is well furnished with tables and chairs providing seating for 20 persons. In addition there is a further CONSERVATORY providing a games area with pool table, dartboard, 2 fruit machines plus jukebox (all on a fifty/fifty basis). In addition there is an area with a double dartboard.
Ladies' cloakroom with woodstrip floor, 2 w.c's each with wash hand basin plus additional carpeted area with table Fully tiled gentlemen's cloakroom with w.c. 2 urinals, 2 wash hand basin Fully tiled disabled cloakroom with w.c. and wash hand basin
CATERING KITCHEN with large double door upright deep freeze, 2 upright commercial fridges, 4 stainless steel tables, 4-pot bain marie, 2 carvery units, additional large bain marie with 8 heated spotlamps, stainless steel extractor, 6-burner double oven, 3 small deep fryers, 3 microwave ovens, double sink and drainer etc.
Basement cellar with beer cellar
LETTING ACCOMMODATION mainly comprising a new extension to the rear of the Freehouse, built on we understand approx. 9 years ago, comprises as follows:
Bedroom 1 - Double Bedroom with en suite fully tiled bathroom with jacuzzi bath, separate shower, w.c. and wash hand basin Bedroom 2 - 3 single beds with en suite bathroom with bath, shower over bath, w.c. and wash hand basin Bedroom 3- Disabled room with twin beds, fully tiled en suite shower room with shower, w.c. and wash hand Bedrooms 4, 5, 6 7, 8, 9 & 11 - all have double bed each with fully tiled en suite shower room with shower, w.c. and wash hand basin Bedroom 10 - Single bedroom (could be possibly be utilized as a double room) with fully tiled en suite shower room with shower, w.c. and wash hand basin
All the letting bedrooms are fully carpeted and fully furnished, each have colour television and tea/coffee making facilities.
It will be appreciated upon inspection that there is potential to extend property at rear to provide a large function room plus additional letting bedrooms, subject to obviously obtaining the necessary planning permission.
Location : Sought after locality, SUFFOLK.
Opening Hours : Sunday - Thursday inclusive - 12 noon - 12 midnight Friday & Saturday - 12 noon - 1 a.m.
Turnover : WE ARE ADVISED that the turnover over the last 4 weeks has been in the region of £2,000 p.w. in our opinion offering tremendous potential for further development in the right hands.
Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £36,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS £40,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £450,000 plus STOCK AT VALUATION SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Accommodation : The OWNER'S SPACIOUS living accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:
4 Bedrooms (1 double 15' x 15' approx. 1 additional double 15' x 13' approx. plus 1 additional double 15' x 13' approx. 1 single 15' x 10' approx). Bathroom with corner bath with shower over bath, w.c. and wash hand basin Shower room with shower, w.c. and wash hand basin Large lounge 15' x 12' approx.
Outside : Front area with tables plus bench seating. In addition there is a side area with additional tables and bench seating. Large Car Park for in the region of approx. 30 cars
Staff : The business is at present operated mainly under management with the assistance of 1 full time manager plus 1 full time and 1 part time staff. It will be appreciated upon inspection with an active husband and wife team, the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |