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Character Somerset Country Village Freehouse

Undisclosed, Undisclosed
Freehold Price:
£485,000
Status
FOR SALE
Advert ID
238617
Reference
4767 / Rightbiz

THE PROPERTY
The Green Dragon is a substantial and deceptively spacious character village inn with origins dating back around 400 years. This traditional stone built freehouse is well presented throughout and provides extensive trade areas and spacious family sized owner's accommodation. This spacious country village pub briefly comprises: - Main Bar (24 ), Restaurant (38 ), Commercial Kitchen with Ancillary Facilities and 4 Double Bedroom (1 EnSuite) Owner's Accommodation with large Sitting Room/Dining Room, Kitchen and Bathroom. Externally, the property benefits from a Customer Car Park with space for 26 vehicles, a Double Garage and various useful Outbuildings, a Private Owner's Roof Terrace Area and outside Seating Areas for around 36 customers. 

SITUATION
The Green Dragon is the only pub in the pretty South Somerset village of Combe St Nicholas, which is set in lovely countryside not far from the Blackdown Hills. In an Area of Outstanding Natural Beauty, it boasts miles and miles of herepaths popular for walking, cycling and horse riding. The Green Dragon is situated in the centre of the village, which is approximately 3 miles from Chard and 6.5 miles from Ilminster with excellent transport communication links via the A358, A30 and A303. Both the beautiful Jurassic Coast to the South and the M5 Junction at Taunton to the north, are within 30 minutes drive. The A303 London to Exeter trunk road is around 3 minutes drive away. Combe St Nicholas is a thriving and well-regarded community with numerous groups, societies and associations, many of which use The Green Dragon. Additionally, planning has just been approved for 295 houses on the outskirts of the village. 

INTERNAL DETAILS
Entrance doors to front lead into Main Bar Area an attractive character room with part wood laminate and part carpeted flooring, ceiling timbers, feature lighting, part exposed stone walls, 2 feature fire places, (one with woodburning stove), range of free standing wooden tables, comfy sofas, tub chairs, high backed faux leather chairs and bar stools comfortably seating 24 customers plus adequate standing room. Timber fronted and topped Bar Servery fitted with a range of back bar fittings, display shelving and optics, double glass fronted bottle fridge, EPOS touch screen cash register with printer link to kitchen. Restaurant with independent doors to front and rear leading from the carpark with part wood laminated and part carpeted flooring, part wood panel walls, feature lighting, feature exposed brick fireplace with inset woodburing stove, wall mounted large screen television, free standing wooden tables and high back faux leather chairs, tub chairs, arm chairs and bar stools comfortably seating 38 customers plus standing room. Timber fronted and topped Bar Servery fitted with a range of back bar fittings, display shelving and optics with EPOS touch screen cash register. With printer link to kitchen, expobar commercial coffee machine, coffee grinder, single fronted glass bottle fridge, glass fronted wine fridge, commercial glass washer, and stainless steel sink unit. Commercial Kitchen with altro flooring and part stainless steel clad walls. Fitted with a range of commercial catering kitchen equipment and to include: - 6 burner gas range, eye level grill, flat top griddle, warming cabinet, Burco oven, shelved serving gantry with warming lamps, twin table top deep fat fryer, 2 single table top deep fat fryers, under counter fridge, stainless steel work benches with shelving below, door to rear, open shelving, stainless steel wall shelving, twin deep bowl stainless steel sink unit, commercial dishwasher, stainless steel hand basin, under counter freezer, 3 microwave ovens, extensive stainless steel racked shelving, fridge freezer, 2 upright fridges, 1 upright freezer and undercounter fridge. Beer Cellar temperature controlled on the ground floor with door to side. Ladies and Gents WCs. 

OWNER'S ACCOMMODATION
The property offers spacious and flexible family sized owner's accommodation which is situated on the first floor and briefly comprises: - Lounge/Dining Room a generously proportioned room with dual aspect to the front and feature open fireplace. Kitchen a modern fitted kitchen with a range of base and wall mounted kitchen units with complementary worksurfaces and built in stainless steel sink unit, hob and extractor fan. Bedroom 1 a good-sized double bedroom with aspect to front, fitted wardrobes and an Ensuite Shower Room. Bedroom 2 a good-sized double bedroom with aspect to front and fitted wardrobes. Bedroom 3 a double bedroom with aspect to rear. Bedroom 4/Office a small double bedroom, currently used as an office with aspect to rear. Family Bathroom with newly fitted modern white suite with shower over bath. Private owner's Roof Terrace Area to the rear. 

EXTERNAL DETAILS 
To the side and rear of the property is a Customer Car Park with space comfortably for 26 vehicles. To the rear of the property is a Seating Area and a covered Smoking Shelter providing seating for around 36 customers. To the other side of the property are a range of useful brick-built Store Rooms with a fence yard/store area and a brick built Double Garage, currently used for storage.  

THE BUSINESS
The Green Dragon is a well-regarded country village freehouse, providing locally sourced and freshly produced food, quality ales and wines, within a deceptively spacious character property. This quality village public house is well presented throughout and benefits from established reputation and year-round regular repeat trade, with an impressive local following. This trade is boosted by year round visitors to the area and destination trade from the surrounding villages and towns. The Green Dragon has its own website, www.thegreendragoncombe.co.uk as well as an active Facebook account. The Green Dragon also benefits from numerous excellent reviews on Trip Advisor. Our clients organise monthly live music, and occasional quiz nights. However, our clients inform us that many aspects of the trade could still be increased. We therefore believe that this is an excellent opportunity to purchase a well established and well regarded village freehouse with a profitable year round trade, which still offers potential to develop many aspects of the business still further. The business further benefits from a 5 star food hygiene rating and is reluctantly offered for sale due to personal family circumstances. 

TRADING INFORMATION
Accounts for the year ending 5 April 2018 show sales of £241,311. We are advised that the trade split is approximately 60% wet sales and 40% food sales. Full detailed trading information can be made available to interested parties following a formal viewing appointment. 

OPENING HOURS
The current opening hours are midday until 11.30pm Tuesday to Saturday and midday until 10.00pm on Sundays, closed on Mondays. Food is served between 12.00pm and 2.00pm and 6.00pm and 8.45pm Tuesday to Saturday and from 12.00pm until 2.00pm on Sundays. 

CURRENT STAFFING
The business is run by our clients, a husband and wife partnership, with the assistance of up to 9 part time/casual members of staff, as trade levels dictate. 

EPC
Requested and to be confirmed. 

RATING
For up to date Business Rates and Council Tax information relating to this property, we refer you to The Valuation Office website www.voa.gov.uk.


SERVICES
All mains services, with the exception of mains gas are connected to the subject property. LPG is used for cooking, heating and hot water. 

PRICE & TENURE
£485,000 for the valuable freehold interest as a going concern business and full trade inventory.  Wet and dry stocks to be additional at valuation.  Vacant possession upon completion. 

VIEWINGS
Strictly by appointment with the vendors Sole Selling Agents.Tel:(01392)201262.Email:info@stonesmith.co.uk
You are recommended to contact us before visiting the property even for an informal viewing.  We can then confirm whether or not it is still available.

FINANCE
An early discussion about finance can often save time and disappointment. If you would like independent specialist advice on funding this property or any other purchase, we recommend you contact us for a list of our approved brokers.

Listing Details
Freehold Price: £485,000
Tenure: Freehold
Location: Undisclosed, Undisclosed
Sector: Pubs, Freehouse
Financials
Annual Turnover: £241,311
Annual Net Profit: Available upon request
Key Features
  • With Accommodation
  • Attractive Business
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Advert Reference: 4767 / Rightbiz

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