FOR SALE
643719
94444 / Rightbiz
Outstanding riverside location
River view restaurant
Lounge/bars & skittle alley
Five bedroom accommodation
Car park & outbuildings
Riverside garden with moorings
The village of Chaceley lies five miles from Tewkesbury across the River Severn and is a quintessential English village, being based around the Grade II Listed St John the Baptist Church and village hall. The area is well regarded for its fertile farmland and very popular as a satellite village with the inhabitants taking employment in the nearby towns and cities of Tewkesbury, Gloucester and Cheltenham. It sits on the banks of the River Severn which was once a busy thoroughfare for commercial boats shipping goods between the Port of Bristol and Gloucester. It is still busy with a number of recreational boats and sightseeing trips using the river, especially throughout the summer months, and the Yew Tree benefits from this with its moorings.
The Yew Tree is situated in Chaceley Stock at the edge of the village on the banks of the River Severn adjacent to the Avon Sailing Club. It is a substantial detached two storey property which appears to be constructed of both brick and block having mostly rendered and colour washed elevations. It has been extended considerably over the years offering an impressive property enjoying an excellent riverside location.
TRADE AREAS
GROUND FLOOR:
Main entrance from the side of the property leading to trade areas. PUBLIC BAR having carpeted and quarry tiled floor, timber clad ceiling and feature brick chimney with solid fuel burner effect electric fire. A mixture of fixed bench and loose seating for approximately 28, and wood panel fronted bar counter from CENTRAL SERVERY. Access to SKITTLE ALLEY with skittle run, bench and loose seating for approximately 40. Return hatch from servery. LADIES’ and GENTLEMEN’S TOILETS.
LOUNGE BAR offering a wealth of character including quarry tiled floor, exposed stone and wood beamed walls, feature inglenook fireplace and second chimney with open fireplace. This room is serviced by a stone fronted bar counter from the CENTRAL SERVERY.
RESTAURANT with river views and doors to the garden. Of excellent size with carpeted floor throughout, part exposed and beamed effect brick walls and feature central brick fireplace having solid fuel burner. The room offers tables and chairs for 60 currently with room to accommodate more. Service counter and access to LADIES’ and GENTLEMEN’S TOILETS.
CATERING KITCHEN of excellent size with tiled floor, part tiled walls, extraction hood and good selection of commercial catering effects and equipment. Adjoining FREEZER ROOM/PREPARATION ROOM and DRY STORE. On level CELLAR.
OWNERS ACCOMMODATION
FIRST FLOOR:
Two LOUNGES, KITCHENETTE, FIVE DOUBLE BEDROOMS and two BATHROOMS.
LETTING ACCOMMODATION
Close to the property is the Mill House, being a brick constructed detached property with tiled roof, and which has an adjoining DOUBLE GARAGE/WORKSHOP. In brief the Lodge consists of a ground floor STORE ROOM and BATHROOM with shower. First floor large open plan room offering KITCHEN, LOUNGE and BEDROOM.
To the opposite side of the public house from the Mill House is an enclosed GARDEN AREA which houses two large six berth STATIC CARAVANS. At present, two are let on a long term basis providing a stable income. The third is currently used for storage.
EXTERNAL
The main feature of the property is undoubtedly the large TRADE GARDEN and BEER PATIO which lead away from the public house to the River Severn. It consists of a block paved patio with direct access from the restaurant with seating for approximately 20 plus and access onto the large LAWN. The lawn is currently set for approximately 80, however, it could accommodate 200 comfortably. To the river bank accessed via a ramp are the MOORINGS which run the length of the site and are able to accommodate between three and ten boats, dependent on their size.
To the side of the premises the property has a large linear CAR PARK for approximately 40 vehicles, with additional overspill for a further 40. This area can also be used for CAMPING. A right of way across the front section of this land to the adjoining Avon Sailing Club is also in place.
The business trades as a public house and restaurant drawing its trade from the surrounding area, and especially that of the River Severn from which it draws trade during the warmer months generally between Spring and November. The business is seasonal due to its location on the river. However it has an excellent reputation being used by a number of recreational boaters.
The business trades three days a week Fridays and Saturdays 5.00pm-10.30pm and Sundays 12.00 noon to 4..00pm. No accounting information available.
The business is not VAT registered and is being sold on the strength of the property.
FREEHOLD £350,000 to include goodwill and fixtures & fittings. Stock at valuation in addition.
A full Premises Licence is held for the sale of alcohol: Friday to Saturday: 10:00 - 01:30 and Sunday to Thursday: 10:00 - 00:30
Mains electric and water, LPG gas and oil fired central heating. Septic tank drainage (note we are unable to confrm that the setpic tank is compliant with private drainage regulations).
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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