Hotel & Leisure Property For Sale WHISTON,, STAFFORDSHIRE, ST10 2HZ

A BEAUTIFULLY PROPORTIONED BUSINESS AND PROPERTY OF GREAT CHARACTER WITH £50M ECO PARK DEVELOPMENT ON ITS DOORSTEP SET IN THE CHURNET VALLEY STAFFORDSHIRE

IDYLLIC FOR THOSE WITH A PASSION FOR THE ENGLISH PUB WITH SUPERB FURTHER BUSINESS POTENTIAL OFF AN ASKING PRICE OF £499,000 FREEHOLD TO INCLUDE FIXTURES AND FITTINGS, GOODWILL PLUS S.A.V.
“Untapped” Sales foundation of £230,000 inc vat, split 60% Dry to 40% Wet on restricted hours – ill health forces sale
Beamed “cottagie” bar (40+) Lounge (40+) Large well presented Restaurant (110c)
420 Acre “Oakamoor Park” holiday, “Eco-Park” and recreation facility planned to commence 2012 + Alton Towers 3 miles
Large 1 acre footprint with excellent outside facilities
Area of sustainable wealth ,fine period residences and National Trust Properties
Comfortable 2 bed owners accommodation


The property dates back to the 1824 and is of mixed brick and local stone construction under pitched roofs and is completely detached sitting on a 1 acre footprint. The property was extended around 16 years ago to provide a brick built RESTAURANT (110c) with pitched roofs along with CATERING KITCHEN facilities which are professionally equipped and has a separate “wet” area. Currently used as a country restaurant it obviously has use as a function room, carvery, ethnic dining, specialist dining, family dining etc. The internal trading areas have been meticulously maintained and has a raft of original feature including exposed beams and light bearing windows. LOCALS BAR (40+) has full carpeting with a mix of loose and fixed seating to round bar tables. The pub sports 6 winter league darts teams and 2 summer teams. CENTRAL BAR SERVERY has a full range of real ale wickets and bright beer pumps and is of dark timber construction with bar stools set to it. LOUNGE BAR (40+) another fine room with carpet fitted and a mix of loose and fixed seating to assorted polished wood tables. WASH ROOM facilities are provided to a high standard with 2 sets of Ladies and Gents + facilities for the Disabled. BEER CELLAR is set below ground and fully chilled.

OWNERS ACCOMMODATION

Our clients have use of a comfortable arrangement of 2 good bedrooms, living room, bathroom, office and galley kitchen.

EXTERNALS

With its long frontage to the A52 the property has plenty of area to “breath” with parking for 55, patio with brollies set to picnic tables, landscaped gardens to the rear and a currently unused area to the far edge of the footprint which could be further developed (micro- brewery, log cabins, camping, extra parking etc).

PREMISES LICENSES

We are advised that the Premises License allows for openings of 12 noon till 2am all week however our clients chose to open just 12 noon till 2pm then 6pm till 11pm all week with 10.30pm closing Sundays. A Personal License will be required and our training associates can assist with this for you.

TENURE

We are instructed to offer the property and business for sale as completely FREEHOLD with VP.

SERVICES

We are advised that the pub benefits from mains all mains connected and Central Heating by Gas. Business rates are £2,185 payable.

THE BUSINESS

Our client has owned and enjoyed the business for 4 years and are only offering the business for sale due to health reasons and will then retire. Sales to y/e 03/10 show £230,000 inc vat 60% of which is Dry related. At this level of trade the business produces a comfortable £37,000 RNP. The pub has a strong local following with pub teams and a regular repeat business for the food offering. Our experience tells us that the potential of this business is well above the £1million when the Oakamoor development is completed and therefore should be “on the horizon” for all the serious food chain managed operators. Alternatively it will be snapped up by a forward looking private buyer who will then “sell on” in 3-5 years at least doubling the current asking price.

THIS IS A “GOLD STANDARD” OF A FREEHOLD BUSINESS AND IDYLLIC FORWARD INVESTMENT – DON’T MISS OUT