Public House With Letting Rooms In Oxfordshire | | Abingdon Oxfordshire | | Public house Long Wittenham, Oxfordshire T/O: £312,000 GP: 60% Scope to increase turnover Restaurant Facilities 3-letting rooms 4-bedroom owners' accom Prime location | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 65256
ADVERT IMPRESSIONS : 13,137 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £134,950 | ANNUAL RENT: | £30000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Plough Inn occupies substantial Grade II listed premises, ideally located in a prominent trading position in the village of Long Wittenham, Oxfordshire. The premises benefit from ample private parking and are close to the local amenities. Long Wittenham is a rural village situated on the banks of the River Thames and is surrounded by picturesque countryside. There are mooring points on the river and a large campsite to the rear of the premises. There are a number of bus stops within easy walking distance and the railway station is just a short drive away. The business boasts easy access to the A415 and A4130, and the M40 is approximately 10 miles away. Didcot is less than 4 miles away and Oxford lies 9 miles to the north.
Business History
Preferred Commercial is delighted to offer for sale this traditional public house with letting rooms and restaurant facilities, which has been in our clients' careful hands since 1992 and which is only now offered to the market due to our clients' wish to retire. The business is run at a pace to suit our clients and trades all year round generating a turnover in the region of £312,000 per annum with a gross profit of 60%. The pub has a 65%/35% wet/dry split and is free of tie. Our clients offer a wide selection of alcohol and serve a traditional pub menu. There are also 3-letting rooms, which are not currently utilised. The turnover could be increased by introducing a website with online booking facilities and letting the rooms. The business has an excellent reputation and is renowned for its community spirit. The pub has 3 darts teams, a cribbage team and an Aunt Sally team. The business also hosts a folk night once a week and an annual music festival. The premises boast 4-bedroom owners' accommodation with lounge and bathroom. There is also a spacious restaurant with seating for up to 28 and a commercial kitchen. We feel this is an ideal opportunity to acquire a traditional public house with 4-bedroom owners' accommodation and scope to develop further. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £312,000 approx.
GP: 60%
Opening Hours
Mon - Sun: 12:00pm to 12:00am
Accommodation Details
Substantial Grade II listed public house premises with letting rooms and restaurant facilities. Briefly comprising:
Ground Floor
• Bar area with exposed beams, feature inglenook fireplace, wood burner, bar with 3 points of dispense, wine dispensary, optics display, electronic cash register and fixed perimeter seating
• Games room with chandelier, log fire, tables and chairs and dart board
• Beer cellar
• Restaurant area with exposed beams, tables and chairs for up to 28 covers
• Commercial kitchen with triple under counter chiller, double fryer, single fryer, 6-burner range, refrigerator, freezer, 4 x microwave ovens and sink unit
• Second bar area with feature inglenook fireplace with open fire, exposed beams, dart board, TV, wooden bar with 6 points of dispense and electronic cash register
• Owners' lounge with exposed beams
• Ladies WC with wash hand basin
First Floor
• Room 1: family room with exposed beams, double and single beds, wardrobe and wash hand basin
• Room 2: family room with feature fireplace, double and single beds and wash hand basin
• Room 3: single bedroom with wash hand basin
• Bathroom shared by letting rooms
Owners' accommodation accessed via separate stairway
• 2 x double bedrooms
• Bathroom with shower, WC and wash hand basin
Second Floor
• Double bedroom with walk-in wardrobe
• Double bedroom
• Loft access
External
• Gents WC with wash hand basin
• Store room with freezer, refrigerator, washing machine and dryer
• Beer garden with 10 x benches, children's play area and marquee with external bar
• Camping area leading to mooring points on the River Thames
• 3 x storage sheds
• Aunt Sally pitch
Tenure
Leasehold
Original length: 20 years
Remaining: 18 years
Review: every 5 years
Rent: £30,000 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2553 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
