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Village Pub And Restaurant Near In Northumberland For Sale

Northumberland, UK
Asking Price:
£650,000 Furniture / Fixtures included
Turnover:
£240,000
Net Profit:
Available on request

• Long established trading business.
• Popular Bar (Free House).
• Dining Room and Commercial Kitchen.
• Terrace, patio and car parking.
• Spacious 3 bed living accommodation.
• FREEHOLD GUIDE £650,000

Property Information

Property:

Freehold

Living Accommodation:

The Horse Shoes benefits from above standard residential accommodation. It has its own attractive landscaped entrance to the rear which leads into a lobby entrance and utility, adjacent to which is a fitted kitchen. There is a large sitting room with a feature fireplace and to the rear of this is a dining area which also doubles as an office. Stairs in this room lead to the first floor bedroom accommodation with 3 large double bedrooms and a combined bathroom/WC with shower. Externally, there is a private patio and garden off the living room.

Property Detail

Ground Floor
Kitchen / Utility 5.7 m x 3.4 m
Lounge 4.6 m x 4.7 m
Office / Dining Room 3.8 m x 4.5 m

First Floor
Bedroom 1 4.7 m x 3.75 m
Bedroom 2 4.75 m x 3.5 m
Bedroom 3 4.6 m x 2.95 m

Location:

Rennington is a traditional Northumberland village with more recent successful residential development situated adjacent to the B1340 to the east of the A1 and approximately 4 miles to the north east of Alnwick. The village has developed around a central village green and the is popular for its annual Scarecrow Festival which is usually held in August. There is a large local agricultural hinterland and is close to the attractive Northumberland coast and an OANB.

In the last 10 years Northumberland has seen the number of tourists increase significantly and The Horse Shoes is ideally situated to take full advantage of passing trade and holiday visitors.

Premises Details:

A traditional stone building dating from 1841. Originally the local blacksmiths the property still retains many original features including an attractive stone flagged floor, feature stonework and beams. The pub is accessed by way of a recessed internal porch area which leads to the large refitted bar with traditional seating and further bar area for dining with a feature open fireplace.

The spacious double dining area can accommodate up to 50 covers and adjacent to the dining area are male and female WC facilities off an inner corridor/lobby. There is a well fitted commercial kitchen and adjoining this, with access off the dining area, is a store and butler’s pantry.

To the rear is a detached building which forms the cellar and general bar storage area to include garage space/traditional general storage facility. To the front of the property is an attractive small garden with further seating for up to 24 covers during the summer months.

Property Detail

Bar Facility 9.45 m x 4.65 m
Storage Building with Cellar 5.6 m x 6.2 m
Mezzanine 2.3 m x 3.6 m
Car Parking front and rear for circa 45 cars.

Business Operation

Expansion Potential:

The rear overspill car park for 30 vehicles is the subject of a Pre-Application to Northumberland County Council for consent to develop 2 detached dwellings. The planning Pre-Application received a favourable response and will be made available to genuinely interested parties.

Trading hours:

The Horse Shoes is a Free House with a Full Licence. The most recent full year’s turnover was slightly in excess of £240,000 at an average gross profit of 52%. There is further potential as the current proprietors do not open 7 days a week and the turnover could increase considerably if it was open for lunch and evening meals on a daily basis.

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