Quality Profitable English Country Inn For Sale

Business description

Highly profitable quality English country inn offering an exceptional lifestyle within the domesday anglo Saxon village of gilmorton south Leicestershire

> More than £300,000 sales inc vat on just 43 self restricted trading hours per week – same owners 10 years
> Cosy atmosphere beamed Lounge, Bar & Carvery (140c throughout)
> Main road corner positioning within village of sustainable wealth
> Terrace entrance (30) – c/p 40
> Opens only evenings + Sunday lunch
> 2 owners flats with private access

A “TOP DRAW” THRIVING PROFITABLE VILLAGE INN OFFERED AT AN ASKING PRICE OF £695,000 FREEHOLD TO INCLUDE EXTENSIVE FIXTURES AND FITTINGS, GOODWILL PLUS S.A.V.



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LOCATION (LE17 5NY)
Set deep within the undulating landscape of SOUTH LEICESTERSHIRE the affluent village of GILMORTON dates back to Anglo Saxon times, at least to 1086 when it is mentioned within the Domesday Book. 3 miles north of medieval market town of LUTTERWORTH, it has a population of circa 900 and today a local economy built on agriculture with many better quality houses being built and owned by affluent farmers. During WW2, the local airfield of Bruntingthorpe was home of long range bombers and the area retains its ties with those days with veterans returning to reminisce about those dark but exciting times. An area of sustainable prosperity it has become emblematic for well healed families wishing to reside within a country village setting yet being close to areas of population. The M1 is minutes away from which you can be within the Cities of Leicester, Nottingham, Derby, Northampton and just an hour from London and the Home Counties.



PROPERTY DESCRIPTION
Formally the old village school the origins go back to 1774. The building is of rendered brick construction under pitched tiled roofs. Holding a commanding position on LUTTERWORTH ROAD it provides an imposing view up and down the main street of the village. Entering from the car park and the terrace patio into the LOUNGE BAR (84) the room is heavily beamed and divided into several trading areas divided by ballastrails with mixed seating to dining style tables, fitted carpet and low ceilings. BAR (20) set raised to the centre of the room has a mix of stools and chairs to wooden tables with some exposed brick works as pillars. CARVERY (36c) the main carvery unit is of brick construction with hot lamps and hot plates above, seating is on loose tables and chairs. BAR SERVERY is of timber construction with a full range of REAL ALE WICKETS and matching back-fitting. CATERING KITCHEN is professionally equipped and has a wet area off and external chiller. BEER CELLAR is set deep and fully refrigerated. LADIES & GENTS toilets are internal along with disabled and baby changing facilities. There is an office area with glass wash up & storage.

OWNERS ACCOMMODATION
There are 2 flats both with private access. Flat # 1 has 2 double bedrooms, separate kitchen, lounge and bathroom. Flat # 2 has 1 double bedroom, lounge kitchen diner, and shower room wc.

EXTERNALS
There is parking for around 40 vehicles. A pleasant flower strewn terrace is to the main entrance.

PREMISES LICENSES
The Premises license currently allows for openings from 17.30hrs till 23.00hrs all week except Sunday which is 12.00hrs till 22.30hrs. These are the basic current trading hours of the business however our clients are making application to the LA for a variation in licensing hours to cover “normal” all day opening. A personal license will be required and our training associates can assist with this for you along with other licensed retail training inc BII courses

TENURE
We are instructed by our clients to offer by way of totally FREEHOLD.

SERVICES
We are advised that the business benefits from all mains connected. Rates payable of £9,700 pa

THE BUSINESS
Our clients have owned the business for a period of some 10 years and now intend to enjoy a well earned retirement at their villa in Spain. They have also built a small portfolio of domestic property in the UK which confirms the exceptional profitability of this business. Above £300,000 sales inc vat can reasonably be assumed from the business which converts to an exceptional bottom line net profit capability. By utilising extra hours which will become available after the application for variation to the LA it would be reasonable to expect sales of above £ ½ million from the business making it an exceptional opportunity. Our client will offer full clarity of the trade levels achievable at an official viewing arranged by GA-SELECT if suitable interest is declared.


WE HIGHLY RECOMMEND AN EARLY VIEWING OF THIS EXCEPTIONAL BUSINESS – VERY FEW FREEHOUSES COME TO MARKET OF THIS STANDING, QUALITY AND PROFITABLITY

Property information

Property:

Freehold