Invest in Your Dream Country Gastro Pub – The Goat, in Downton, Wiltshire

Key Features

·       Prime location, in the heart of Downton, Salisbury, Wilts

·       Established reputation in community, attracting tourists, with notable landmarks nearby.

·       Significant investment made in upgrading historic building inside & outside.

·       Planning permission granted to refurbish 3 bedrooms to provide stylish accommodation.

·       Opportunity to make application to develop 3 more bedrooms, to increase revenues.

Business Overview

·       Ideally situated in the centre of Downton, its prominent position provides high visibility for passing traffic and attracts a high footfall from the local close-knit community.

·       The pub is housed in a charming well-maintained historic building and inside exudes a warm welcoming ambiance, featuring a cosy bar area, comfortable seating, and a large separate dining space.

·       The outdoor area provides a delightful beer garden offering a serene retreat where customers can unwind and socialise and there is ample parking space for locals and passing visitor trade.

·       The Goat has a solid reputation within the community, known for its friendly atmosphere and the cosy snug is perfect for private parties or just a cup of tea by the fire.

·       The Goat also offers an exciting culinary experience and one can select an array of dishes from their hand-crafted menu i.e., from the traditional fish and chips to the more modern adventurous dishes like Sri Lankan curry.

·       Over the past 3 years, the current owners have invested significantly to upgrade the bar, inside seating areas, kitchen, and spacious restaurant to make The Goat a destination of choice for locals and passing tourists.

·       Outside the serene beer garden is set in a picturesque location with premium outdoor furniture and tables to provide a tranquil oasis for outdoor dining and relaxation.

Growth Opportunities

According to the owners, the business turnover was c£1,098k and there is immense potential to expand revenues by introducing themed events, live music nights, or collaborating with local organisations to host community events.

Also, the new buyer can add another profitable revenue stream, by investing in upgrading 3 bedrooms upstairs, to provide accommodation for visitors as planning permission has now been granted. In addition, there is an opportunity to apply to develop 3 more rooms on site.

The business also offers a large field that can provide an ideal opportunity to set up a marquee for celebrating special occasions or to develop a Glamping site to cater for outdoor activities.

Investment Details

The Goat is available on a leasehold basis, 20-year lease, start date February 2020 and rent payable is £90K pa. A detailed inventory of fixtures, fittings, equipment list, financial P/L statements and other information will be made available to serious buyers.

Please contact us to learn more about this exciting opportunity to acquire this prestigious gastro country pub in the picturesque area of Downton in Wiltshire.