Pub/bar for sale in West Street, Somerset: Dunster TA24

£49,950 (£4,640.51/sq. ft)
Pub/bar for sale 1 sq. m*
Interested in this property? Call +44 1332 494756 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Ref: 8020 Leasehold

Beautiful Grade II Listed stone built 'Free of Tie' Leasehold Village Inn with Letting Bedrooms located within the Exmoor National Park and in the Village of Dunster, Somerset

• Superb location within this ‘tourist hotspot’ and affluent village of Dunster.
• Delightful Restaurant (circa 54) set on two levels and benefitting from an open fireplace, bar servery, beams and quarry tiled floors.
• Traditional Public Bar (circa 12) along with a Garden Room (circa 25).
• Four Lucrative Letting Bedrooms.
• Pleasant One Bedroom Owners Flat.
• Lovely Trade Gardens (circa 30).
• Well Equipped Commercial Catering Kitchen.
• Advised turnover circa £357,600 (incl. VAT) for year ending 03/17 with a trade split of 50% food, 40% wet & 10% accommodation.
• Beneficial Private ‘Free of Tie’ renewable lease.

'Free of Tie' Village Inn set in the Exmoor National Park


Location


This lovely Grade II Listed ‘Free of Tie’ Village Inn with Letting Bedrooms is situated within Dunster, Somerset.
The affluent village of Dunster is a civil parish and former manor within the English county of Somerset, within the north-eastern boundary of the Exmoor National Park. It lies on the Bristol Channel coast, 3 miles from Minehead and 20 miles to Taunton.
The medieval village of Dunster is one of the most popular places in Exmoor for visitors with its ancient castle, priory, dovecote, yarn market, packhorse bridge and a mill.
Dunster Castle, once the home of the Luttrell Family, is now owned by the National Trust.
The Exmoor National Park Centre is located in the village and offers lots of information for tourists visiting the Park.
This historic village has over 200 Listed Buildings and is beautifully preserved for visitors to enjoy all year round.


The property


This beautifully presented and thriving Village Inn with Letting Bedrooms is built of stone construction under a pitched, tiled roof, occupying a pleasant position within this sought after Exmoor village.

The Public Bar (circa 12) is a welcoming area that offers quarry tiled floors, bar servery area, and an open fireplace.

The Restaurant (circa 54) is a lovely room that is set on two levels and benefits from lots of small cosy areas. The room benefits from quarry tiled floors, bar servery, beamed ceilings, open fireplace and quality furnishings.

The Garden Room (circa 25) is located to the rear of the building and offers easy access to the garden area. This room is ideal for small parties and an extension to the garden.

Ladies and Gents W.C.’s.

There is a good size Commercial Catering Kitchen with stainless steel appliances (not tested) and work surfaces.

The Ground Floor Cellar offers a python and cooler system.


Letting accommodation


Located on the First Floor are Four Letting Bedrooms all offering their own bathroom facilities and are individually presented to a high standard. There are three Double/Twin Rooms and One Family Room that are offered at between £80-85 per room per night bed and breakfast.

Owner’s accommodation
The owner’s accommodation is situated on the 1st Floor and comprises a Double En-Suite Bedroom with a Large Lounge Area. Owners could utilise some letting accommodation if required.


External


To the rear of the property is a Lawned Garden Terrace Area with seating for 30.


Trading & licensing


We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:

7 days per week 11am – 11pm

Current opening hours are:

Mon – Fri Midday – 3pm 6pm – 11pm
Sat – Sun Midday – 11pm

nb. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the aplh Qualification in readiness for their intended operation of the Public House.


General remarks


The business is offered for sale as a lease assignment with approximately 6 years remaining of the Private ‘Free of Tie’ full repairing and insuring, renewable agreement. We are advised that the inn is free of tie for all products. We are informed that the rent is currently £35,000 per annum to be reviewed in 2018. We are advised that at the end of the term, the Lease (not seen by Guy Simmonds) should be renewable with no further premium – subject to the provision of the Landlord & Tenant Act 1954. We are advised that the inn benefits from all mains services (no services seen or tested) and is heated by gas central heating. Business rates payable are advised as currently being circa £3,000 per annum.


The business


The current owner purchased the business in April 2014 and is offering the property in excellent condition throughout.
The business is trading well and benefits from considerable tourist trade throughout the year as well as having an established local trade.
This opportunity gives new owners a chance to live in a beautiful area as well as having the benefits of a ‘free of tie’ agreement.
Advised turnover for year ending 03/17 is circa £357,600 (inc vat) with a trade split of 50% food, 40% wet & 10% accommodation.
Accounting information will be made available to interested parties after viewing.

This business was viewed by Marc Blackford who would be delighted to discuss further details.

Viewing appointments must be made by contacting Guy Simmonds.

Details Prepared: Dec 2017

Note: Size quoted is usually the Total Useful Floor Area taken from the EPC and is for guidance purposes only and no responsibility is assumed by Guy Simmonds for the accuracy.
If size stated =1m2, this is because no measurements are available at this time.

Viewing: All appointments must be made through Guy Simmonds. Please note that these Sales Particulars are issued on the strict basis that all negotiations, viewings and contacts in connection with this business are conducted through Guy Simmonds who are appointed by the vendor to act under a Sole Selling Rights agreement with total confidentiality. Any breach of these terms may make you liable in law to litigation and damages. Under no circumstances must you approach the owner direct without a formal appointment or disclose to other customers and staff that the Premises are for sale.

Finance for purchasing A licensed property: We are in constant touch with a leading finance broker who specialises in arranging Business Finance for Licensed Properties. Whether you are purchasing a Licensed Property through ourselves, or another agent, we will be pleased to contact on your behalf our specialist who can arrange the necessary Finance Package for you at preferential rates. Please telephone for free and no obligation advice with regards to financing a Business.

Guy Simmonds for themselves and for the vendors or lessors of this property and/or business whose agents they are give notice that:-
(I) These particulars are a general outline for the guidance of intending purchasers (or lessees) and do not constitute an offer or contract, nor any part of an offer or contract.
(II) All descriptions, dimensions, distances, maps/plans, references to condition, trading figures and other items in these particulars are given as a guide and no responsibility is assumed by Guy Simmonds for the accuracy of individual items. Intending purchasers (or lessees) should not rely on them as statements of representations of fact and should satisfy themselves as to the correctness of each item by making independent enquiries.
(III) Intending purchasers (or lessees) should make their own independent enquiries regarding the use of the property, necessary permissions for use and occupations, potential uses and any other matters affecting the property prior to purchase.
(IV) Guy Simmonds do not make or give whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to this property. No responsibility is taken by Guy Simmonds for any error, omission or mis-statement in these particulars. Guy Simmonds do not warrant the accuracy of any accountancy information supplied and purchasers are advised to take independent advice in order to satisfy themselves.
(V) Guy Simmonds are unable to give any warranty as to the working order of any apparatus, equipment, fittings or services associated with the premises and therefore, cannot verify they are in full working order. Purchasers are strongly advised to obtain specialist reports prior to exchange of contracts in order to satisfy themselves.
(VI) All statements and descriptions are made without responsibility or warranty by Guy Simmonds, the vendors or lessees. Neither do Guy Simmonds nor the vendors/lessees hold ourselves responsible for any expenses whatsoever incurred by applicants inspecting Businesses which may be sold or withdrawn, to include travelling, valuation/survey, legal fees etc.
(VII) No person in the employment of Guy Simmonds has any authority to make or give any representation or warranty whatever in relation to this property.
(VIII) It should not be assumed that the contents of any photographs are included in the sale.
(IX) All prices quoted are excluding stock at valuation.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Guy Simmonds, DE73 on +44 1332 494756 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Guy Simmonds, and do not constitute property particulars. Please contact Guy Simmonds for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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