Pub/bar for sale in Oxford Street, Weston-Super-Mare BS23

£80,000
Pub/bar for sale
Interested in this property? Call +44 1803 268798 * or Request Details

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Property features

  • Thriving Town Centre Pub only 200m from the Seafront
  • Substantial Building with Stylish, Character Open Plan Ground Floor Trading Area
  • Spacious Owners/Letting Accommodation & Separate Staff Flat
  • Presented to a Very High Standard Throughout Following Major Refurbishment
  • Currently Run Under Management, Would Suit Owner Occupier

Property description

The Duke of Oxford is very centrally located on the corner of Oxford Street and High Street, opposite the new Dolphin Square Leisure development which houses a cinema, Anytime Fitness and various other restaurants including Nandos, Prezzo and Pizza Express. The property is less than a 2 minute walk from Weston-Super-Mare’s seafront promenade, pier and beach. Weston-Super-Mare is steeped with Victorian history and is dominated by long stretches of sandy beaches. The seaside town has been a popular tourist destination for many years and sits on the south of the Severn estuary and Bristol Channel. Weston is a thriving tourist resort and is a popular place to live for those commuting to Bristol. Wester-Super-mare is easily accessible for visitors and commuters; Junctions 21/22 providing easy access to the M5 motorway. The train station offers excellent transport links to most major towns and cities and the bus service provides connection to most areas of the town and outlying districts.

An imposing 2 storey ‘art deco’ style building which has been painted in contemporary colours and completely refurbished both inside and out. The property benefits from an outside seating area and a rear service yard to back of the property including a car parking space.

Main Entrance

Porch and side entrance leading to:-

Character Open Plan Trading Area

Arranged as a number of dining and seating areas over 2 different levels with a centrally positioned timber topped bar servery. The trading floor is bursting with character with many features including open brick fireplaces, exposed timber beams, soft seating areas with Chesterfield leather sofas, upholstered booth seating, separate dedicated dining areas, grand piano and so on. Stairs lead to a half landing trading area continued in the same style with seating for circa 8. Further staircase up to 2 rooms currently used as office and storage.

Bar Servery

With espresso coffee machine, bespoke optic shelving, bottle fridges, ice machine, electronic cash register and glazed food display unit.

Ladies & Gents Cloakrooms

Commercial Kitchen

With separate wash up area and double deep sink. The kitchen has been equipped with a range of commercial equipment with full extraction and a separate dry store cupboard.

Back Of House Store Room

Double doors to:-

Outside Service Yard

With parking for 1 car.

Basement

Substantial basement cellar with numerous rooms for storage with separate temperature controlled Beer Cellar with drop from road.

First Floor Accommodation

Access from separate entrance on the corner of the building with phone entry system.

Staff Flat

Comprising: Single room with en suite (not yet refurbished), double bedroom with en suite, single room, double room, family bathroom and separate WC.

Separate Owners/Letting Flat

Impressive and spacious first floor which has been fully refurbished throughout including new carpets, comprising kitchen with fitted domestic units, family bathroom, 2 spacious double bedrooms, living room and private terrace.

We have been informed that this flat would be easy to let on a holiday/ air B&B basis and could achieve between £650 and £800 per week.

General Information

Rateable Value

We have been informed by the local billing authority that the following Rateable Value applies:

2017 List: £16,500

Please note this is not Rates Payable. Interested parties are advised to contact the Local Billing Authority.

Tenure

The property is available as a Going Concern business on a full repairing & insuring lease either on a tied basis through the Landlord’s nominated supplier at a rental of £52,000 pa or alternatively on a ‘free of tie basis’ at £65,000 pa. Further details and terms to be agreed.

Services

We have been informed the premises are connected to all mains services.

Inventory

To include limited furnishings and equipment as per an inventory to be supplied.

EPC Rating C

Business

The Duke of Oxford is a thriving town centre pub benefiting from its location in between the town centre, seafront and opposite the Dolphin Leisure complex. The pub is very much 'chameleon' in its style of operation and caters for a wide range of customers throughout the day.

The Duke of Oxford opens 7 days a week and is fully licensed serving a wide range of premium beers, wines and spirits with an accompanying ‘a la carte’ menu with daily specials. Sunday roasts are very popular with 'Rythmn & Roasts' lunches, accompanied by live music often played on the grand piano. The Duke of Oxford opens from 10am to 9pm on Monday and Sundays and 10am till 11pm Tuesdays to Thursdays with closing at 12 midnight on Fridays and Saturdays.

The pub provides a very welcoming atmosphere with its stylish but slightly eclectic style making it stand out from the chain restaurants and pubs in the surrounding area. The Duke of Oxford has been run under management for the last few years and therefore offers huge potential for a new operator to build on this already solid platform. The pub is for sale freehold at £800,000 or alternatively our clients would look to lease the property on a full repairing and insuring basis.

Further trading information will be provided to bona fide interested parties following a formal viewing arranged through the sole selling agents, Bettesworths.

Property info

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For more information about this property, please contact
Bettesworths, TQ1 on +44 1803 268798 * (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 Bettesworths, and do not constitute property particulars. Please contact Bettesworths 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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