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Free Of Tie Dorset Coastal Town Pub For Lease

Poole, Dorset, UK
Asking Price:
£60,000 Furniture / Fixtures included
Turnover:
£196,663
Net Profit:
Available on request

THE PROPERTY
The Pottery is a substantial detached two storey building, with extensive single storey extensions and origins reputedly dating back to 1862. Well presented throughout, the property has been improved by our clients during their 8 years of ownership and is available by way of a Free of Tie Lease. The Pottery is a traditional community public house, with wet sales only and which briefly comprises:- Public Bar Area (30+), Lounge Bar Area (40+), Kitchen and 2 Double Bedroom Owner's Accommodation with Sitting Room, Office and Bathroom. Externally, the property benefits from an extensive site with Customer Car Parking (30), Double Garage and extensive Trade Gardens and Patio Seating Areas to the front, side and rear of the property for 90+ customers.

INTERNAL DETAILS
Customer entrance doors to the front lead to the main open plan public areas. Public Bar Area with solid wood flooring, part wood panelled walls, pool table area, darts oche area, two large screen wall mounted colour televisions, feature wall lighting, disco lighting and equipment, range of chairs, tables, stools, and sofas comfortably seating 30 customers with ample additional standing room. Open plan through into Lounge Bar Area with carpeting flooring, part wood panelled walls, wall mounted television, wall lighting, darts oche area, range of free standing wooden tables, chairs and upholstered settle seating comfortably for 40 customers plus adequate standing room, doors lead to the side and rear trade gardens. Substantial central timber fronted and timber topped Bar Servery with an extensive range of back bar fittings, optics and display shelving, non-slip flooring, double glass fronted bottle fridge, electronic cash register, stainless steel sink unit, glass washer, single glass fronted bottle fridge. Storeroom. Spirit Store. Ladies and Gents WC's. Kitchen with non-slip flooring and part stainless steel lined walls, domestic style gas range cooker with five burners, halogen hob, double oven and grill, twin deep fat fryer, stainless steel work benches with shelving below, stainless steel wall shelving, stainless steel sink unit, two commercial microwave ovens, two fridge freezers, extraction fan and hand basin. Beer Cellar temperature controlled on the ground floor with ice machine and delivery access.

Please note: The fittings, equipment and services listed have not been tested by the agents, although we are informed that all items are in working order.

OWNER'S ACCOMMODATION
Situated on the first floor is the owner's private apartment which briefly comprises:- Sitting Room a good sized room with aspect to the front. Bedroom 1 a good sized double bedroom with aspect to the front. Bathroom with shower over bath. Office with aspect to the front. Bedroom 2 a double bedroom with aspect to the side.

EXTERNAL DETAILS
The business occupies a substantial plot with a Forecourt Area to the front proving Customer Seating for around 30 customers. Covered Smoking Shelter with heaters and seating for 10. To the front and rear of the property is Customer Car Parking with space for around 30 vehicles. To the side of the property is a lawned Beer Garden Area with seating for 30 plus customers. Directly to the rear of the property is an enclosed Patio Beer Garden with seating for 20 plus customers and a gate to the car park. Double Garage used for dry storage with three chest freezers and a fridge freezer.

THE BUSINESS
The Pottery trades as a popular Free of Tie community public house with 100% wet sales. Enjoying excellent levels of regular repeat local trade, our clients have owned and run the business for 8 years and have put an emphasis on creating a friendly community locals pub, home to a pool team, darts teams, card schools, football teams and a weekly quiz night. The pub also shows BT Sports and hosts live music and disco nights. Through personal choice, the current owners do not offer any food and the pub is run by our clients, a husband and wife team, with no staff being employed. The Pottery benefits from a 4 Star Food Hygiene Rating.

TRADING INFORMATION
Accounts for the year ending 31st March 2020 show sales of £173,830 excluding VAT, which was broadly in line with the previous year's sales of £196,663 excluding VAT, when taking into account the effect of COVID restrictions and lockdowns. Full detailed trading information can be made available to interested parties following a formal viewing appointment.

OPENING HOURS
The business trades from midday until midnight 7 days a week.

POTENTIAL
The Pottery offers new owners tremendous potential to build upon the current levels of business with opportunities to develop a food trade, if so required, and for which demand exists. There are also opportunities to develop a social media presence and for other online and other social media marketing and advertising initiatives, as these are not currently undertaken by our clients.

REASON FOR SALE
Retirement sale after 8 years ownership.

EPC
To be confirmed.

RATING
For up to date Business Rates and Council Tax information relating to this property, we refer you to The Valuation Office website

SERVICES
All mains services are connected to the property.

PRICE & TENURE
£60,000 for the valuable Free of Tie leasehold interest as a going concern business and full trade inventory. Wet and dry stocks to be additional at valuation. Vacant possession upon completion.

The business is held on a full repairing lease with 11 years remaining and rent reviews every 5 years (next review 2026). We are advised that the current rent is £29,340 per annum excluding VAT and the business is completely free of all ties. Further details available upon request.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

Free of Tie lease with 11 years remaining and rent reviews every 5 years (next review in 2026)

Leasehold Rent:

£29,340 per annum

Living Accommodation:

2 Double Bedroom Private Apartment with Sitting Room, Office and Bathroom

Location:

The Pottery occupies a prominent and highly visable trading position in a mixed residential and commercial suburb of Poole and is ideally placed to cater for the local residents, shoppers and the business community close by. Poole is a popular and large coastal town and port located on the South Coast of England and has one of the world's largest natural harbours, accommodating cross channel ferry services. The area is well known for its natural beauty and microclimate with a reputation for having mild winters and more sunshine than many other parts of the country. There are also numerous award-winning Blue Flag beaches nearby.

Business Operation

Reasons for selling:

Retirement

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