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Stunning Country Pub In Coleshill For Lease

Coleshill, Oxfordshire, UK
Asking Price:
£55,000
Turnover:
£200K - £500K
Net Profit:
Under £50K

ABOUT US

The Radnor Arms is a stunning country pub in a beautiful National Trust village between Swindon and Oxford and on the edge of The Cotswolds.

Using organic produce from the walled garden opposite and local producers, this gorgeous pub is an ideal first pub opportunity.

Our local consortium of friends and farmers rescued and renovated the pub and we are ready to hand over the reigns. We operate it as a Ltd company and we propose the new owners buying all the shares of 55K or part share with a min investment of 40K in shares. Then we would assign the lease to the new owners who would have majority share of the Ltd Company. Currently the Ltd company has no debt and operating cash in the bank of around 7-12K. Most of the shareholders are happy to sell and others would be happy to help grow the investment, or step aside, leaving yu majority control to completely run the business, free from control.

THE OPPORTUNITY
This is a unique opportunity to buy the (renewable) leasehold (8 years remain and renewed automatically), of a turn key business, that's trading and has a sous chef and casual staff. The property and unique village of 60 cottages in administered by the National Trust (the Landlords), they are very hands off and are mostly responsible for the external of the building.

The pub features appox 60 covers outside and 38 covers inside, a bar, a snug and a restaurant with wood burning stoves. The pub is quaint and traditional and was refurbished in 2019. The kitchen has had ongoing investment and is now very well fitted out, new ovens, glass wash, pot wash, fridges etc.

This is a perfect opportunity for a partnership (FOH and Chef) or a couple to take over a great operating business. Because of lockdown we have not reached full turnover but we are regularly achieve 6K per week with a potential for 300 - 350K turnover. There's huge scope for more events and National Trust visitor events in the garden or close by. In the first year we made a net loss, due to refurb and second year a loss due to covid, but we have been sustained by the government grants. Financials are available for serious parties.

We have an established supply network, operating systems, booking tools, social media and marketing tools.

There is a generous 2 bedroom flat accommodation, big garden and there's an old brewery we converted to a TV/Sports area. There's scope for a shepherd hut or small camp site.

This is literally a turkey operating business.

To avoid time wasters we may have to ask interested parties for min proof of purchase of 40K of shares. Details of trade experience and a brief explanation why you see our pub as the perfect opportunity.


For more information, please contact us by using the form below.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

National Trust lease 5 years with ongoing tenant 5 year option

Leasehold Rent:

£15,000 per annum

Living Accommodation:

2 bedroom flat above pub with countryside views

Location:

On the Wiltshire Oxfordshire border in Coleshill a National Trust village

Premises Details:

Main bar, snug, restaurant 38 covers, beer garden 60+ covers, outside old brewery room with sports TV. WC and disabled WC

Business Operation

Expansion Potential:

Potential for ambitious chef/couple/fresh team

Competition / Market:

Our USP is local suppliers and producers including organic walled garden supplier opposite.

Reasons for selling:

We are a consortium who helped rescue and renovate the pub, now ready to move it on to the right person or team

Trading hours:

Wed til Sun

Employees:
3
Years established:
2019

Other Information

Support & training:

Support provided and possible share buy in or lease buy out

Owner financing:
Owner financing is available. Please contact the seller for more information.
Website:
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