Pub/bar for sale in Buckingham, Buckinghamshire MK18

£60,000
Pub/bar for sale
Interested in this property? Call +44 1772 913303 * or Request Details

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Property features

  • Village location / Owners accommodation.
  • Good reputation / Destination pub. Free of Tie.
  • Ample parking to the rear
  • Refurbished to a high standard throughout.

Property description

Reference - 47370

Description
Destination pub/restaurant which is situated in a quaint Buckinghamshire village approx. Four miles south west of Buckingham and 9 miles from Bicester on the boarders of Oxfordshire just off the A4421.

The dynamics of the business has been changed in a short space of time. Having completely refurbished the property before reopening, the business has enhanced the customer base and now enjoys regular trade which continues to grow, mainly by word of mouth such is the reputation of the food and customer service.

There are many small villages surrounding the pub and restaurant although there are good road links via the M40, A41 and A421 close by making it easily accessable for those coming further afield. The location provides limited passing trade during the day although it has become a ‘destination’ venue during the evenings and weekends having gained a reputation for being able to cater for large parties within the main seating area.

The business can seat approx. 40 covers internally at any time with a reputation for being family and dog friendly. The beer garden to the front provides an ideal place to enjoy a drink or meal. The menu is varied and caters for most tastes with most ingredients sourced locally wherever possible.

Sales

Accounts
Current records and accounts can be inspected when viewing by genuinely interested parties.

Trading Hours
Wednesday to Saturday 12:00 – 23:00
Sunday 12:00 – 18:00
Closed Monday and Tuesday

Staff
Run by a husband and wife team along with additional part and full time staff.

Building External
The business operates from a highly visible, two storey detached period property which we are advised dates back to the 1600’s and has a thatched roof. Car parking for both staff and customers can be found to the rear of the property.

Building Internal

Kitchen


Fully fitted commercial kitchen with numerous stainless prep tables, extraction facilities, 6 burner hob, griddle and turbo fan oven.
Storage areas and ample refrigeration facilities.


Restaurant/bar areas


Mainly open plan with a wonderful, light and airy feel providing a total of 40 covers within the main restaurant. The traditional tables and chairs provide flexible seating arrangements and can accommodate large parties, especially at Christmas time for corporate functions.

Well-designed bar area with bespoke wood panelling, storage and display shelving for wines and spirits along with inset lighting.

Due to the refit, the fixtures and fittings are presented in excellent condition throughout.

Gardens
Small beer garden with bench style seating to the front along with car park to the rear for staff and customers. In our opinion the rear of the property could be developed to provide additional outside seating or provide a BBQ area.

Ancillary Areas
Staff room with WC
Office
Separate access to private accommodation

Residential Accommodation
The property benefits from owner’s accommodation located on the first floor and consists of two bedrooms, living room and bathroom with WC. The owners accommodation is also presented in good condition.

Externally there is a private garden and separate parking.

Tenure
The business and property is held on a 10 year lease with rent reviews every 3 years with an annual rent of £30,000 inclusive. (Correct as advised in August 2019).

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
A superb opportunity for a hands on, experienced operator to take this business on to the next level and to further develop the customer base by taking advantage of a first class location and reputation gained under the current ownership.

An inspection is highly recommended to fully appreciate the business opportunity, overall setting and village location.

Offers invited £90,000

Arrange Viewing

For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

Contact Kings Business Transfer about this property

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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 Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer 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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