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Successful Worcestershire Village Centre Gastro Pub For Lease

Hartlebury, Worcestershire
Asking Price:
£39,950 Furniture / Fixtures included
Turnover:
£300,000
Net Profit:
£40,000

The White Hart is a traditional country inn in the affluent village of Hartlebury that’s been furnished and decorated with impeccable taste to a very high standard utilising three separate fire places, exposed brickwork, beams and a mix of tiled, wooden and carpeted floors to create a welcoming ambience.
Step through the carpeted snug and locals bar with its comfy leather sofas and armchairs and you’ll find yourself in a 40-50 cover restaurant with beautiful wooden tables and comfortable dining chairs. Outside, there are two main areas, one of which is currently used as a private garden, while the other provides a safe area for children to play. The car park can hold up to 30 cars, and there is an all-weather smoking solution. The commercial kitchen is very well appointed with a blue seal heavy duty cooking suite, 2 turbo fan ovens, and all modern kitchen equipment. There is a large private accommodation spread over two floors featuring a kitchen diner, living room, bathroom with separate toilet and five double bedrooms.The pub is beautifully sited a stone’s throw from the village castle and church. a virtual tour of the pub can be found on Google by searching for the White Hart, Hartlebury.

Unlike many more rural based pubs The White Hart's revenue is very steady throughout the year.

The business has plenty of scope for increased revenue as the restaurant currently operates on about 50% occupancy and the bar does not use any of the traditional country pub fillers e.g. Live music, quiz night, happy hour etc. In addition, there is potential for letting rooms in the spacious upstairs of the property and a currently unused 3/4 acre paddock at the side of the pub.

The current landlord has been in residence since 2010.

Please note the asking price is for the lease, fixtures and fittings, all stock would be valued on the day of handover and charged accordingly although this could be reduced to minimal if required. The landlord (Punch taverns) also require a £6,000 deposit.

More details available upon request, please contact seller below for more information.

Property information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

fixed rent lease apart from RPI increases each September. tied on beers ciders and minerals, free of tie on wines and spirits.

The RPI increases have been an average £480 per year over the last 5 years.
The next rent review is in September 2020. the 2015 review was fixed at no change to the rent

Leasehold Rent:

£20,400 per annum

Living Accommodation:

the living accommodation consists of five double bedrooms, a kitchen diner, large living room, bathroom with separate WC and office this is over two floors so the bedrooms are not directly above the noise of the pub.

Location:

The pub is on the main road through the affluent village of Hartlebury sited between the castle and the church. In turn the village is a short drive to Stourport, Kidderminster and the beautiful city of Worcester

Premises Details:

The pub is in a wonderful old building (not listed) with plenty of charm and character, there are separate bar and dining rooms and a very well appointed commercial kitchen. The pub has two large gardens one currently used as a private owners garden, a good sized car park and some useful out buildings.

Energy Performance Rating:
D  View EPC Graph for this property

Business Operation

Expansion Potential:

The pub co have given consent to convert the accommodation into letting rooms provided all safety compliance requirements are met.

Reasons for selling:

funds required to invest in new venture

Trading hours:

The pub is licenced from 9.30 am till 2.00 am

currently open Mondays 12 till 10, Tuesdays to Thursdays 12 till 11, Friday and Saturdays 12 till 12, Sundays 12 till 9.30

food served Monday to Saturday 12-2 and 6-9. Sundays 12 till 7.

Employees:
Approximately 12 members of staff, working full and part time in the kitchen and front of house.

Other Information

Support & training:

Punch taverns offer extensive support and training across all areas of the trade and do insist on all new tenants going on their training course at punch taverns cost.

Website:
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Home based:
This business can be run from home.

Contact Seller

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