Business Summary:
Traditional English Inn
Ref.AC221
Location Essex
Asking Price £ 150,000
Over a hundred years old – and under the stewardship of the current Owners for the past three years this is a traditional English Inn, ideally situated in a picturesque village in North Essex.
Unique to the area and recently refurbished, this outlet combines all that is great about a traditional public house combined with the panache and thrills of the finest continental restaurants, bistros and cafes.
Formerly a commercial pub with a few rooms available, in less than three years this business has repositioned itself within the local marketplace and has built a superb reputation as being the best pub in the area comprising a modern and stylish a la carte restaurant and a sophisticated lounge bar for drinks, cocktails, tapas, bistro and traditional English food.
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| Facilities / Terms of Lease:
The business operates from a large detached property benefiting from extensive refurbishment. The kitchen is fully fitted with all the equipment normally associated with a business operating in this sector.
The a la carte restaurant incorporates 34 covers with a further 17 covers in the Tapas bar.
The garden bar/restaurant includes 22 covers with a further 55 – 60 in the fully covered, heated and lit terrace with its own separate service bar, chilled cellar and pizzeria.
There is a large children’s area plus a car park for up to 30 cars.
Downstairs there is an automated cellar with storage and four large rooms including offices, bathroom and separate WC including additional storage to the first floor.
The premises are leased with twenty seven years of a thirty year lease still remaining. Rent is approximately £30,000 with Rates of £xx,000 per annum. |
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| Potential
Growth/Expansion:
N.A. |
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| Competition:
The vast majority of this outlet’s patronage is as a result of strong word of mouth recommendation bearing strong testimony to the excellent reputation it has achieved as a pub and restaurant of quality and unsurpassed service.
Following its transition to new management the business actively marketed itself using local radio campaigns, local press advertising and sponsorship of local information leaflets distributed at key locations on the coast. |
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| Owner
willing to train:
The owners will provide full and comprehensive business familiarisation, training and handover to ensure a smooth transfer of the business. |
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| Reason for selling:
The current Owners wish to sell for health reasons. |
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Seller Reference Number: AC221
BusinessMart.com Listing Number: 67347 |
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