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Sought after and wealthy Country Town, HAMPSHIRE (Please register to make appointments and view addresses)

Attractive semi-detached 16th Century Property adjoining large lake in this most sought after Country Town.

Entrance to Spacious Bar with beams to ceiling. 2 attractive open fireplaces. The bar is fully carpeted and has tables and chairs providing seating for 54 persons (including Restaurant area). Attractive bar with 5 beer pumps, 2 upright glass fronted drinks fridges, 1 double door upright glass fronted counter fridge (used for soft drinks and beers), glasswasher.

Adjoining garden room, fully carpeted and with tables and chairs providing seating for a further 40 persons.

Spacious catering kitchen with quarry tiled floor. The equipment inclues 1 6-burner gas cooker, 1 solid top gas cooker, 2 single deep fryers, 4 commercial microwave ovens, 1 upright double door stainless steel fridge, 1 upright additional fridge, 1 small fridge, walk-in coldroom, double sink and drainer.

Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with 3 urinals, w.c. and wash hand basin

Beer Cellar

WE ARE INFORMED the turnover averages £7,500/£8,000 p.w. We are further advised that the minimum winter turnover is in the region of £6,000 p.w. increasing in summer to in the region of £10,000 p.w. Gross profit 62% approx. We are further advised the split of turnover is approx. in the region of 60% catering with the balance of 40% wet sales. We further understand that the sales year ending 30th June, 2008 showed in the region of £360,000 net of VAT.

The business is at present operated by the vendor with the assistance of 2 full time plus part time bar staff plus 1 head chef, 2 additional chefs and 1 part time kitchen porter. Wages paid in the region of £1,800 p.w. In our opinion with a more active husband and wife team, the wage bill could be reduced.

Monday - Saturday inclusive - 11 a.m. - 3 p.m. & 6 p.m. - 11 p.m.
Sunday opening - 12 noon - 4 p.m. & 7 p.m. - 10.30 p.m.

The accommodation situated on the first floor comprises:

3 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen

Attractive Beer Garden with 12 tables with benches for approx. 60 persons.

Car parking close by (free up to 2 hours during the day)

We understand the premises are held on a secure renewable Brewery Lease having approximately 15 years unexpired at a rental of £46,000 p.a. exclusive of rates up to November, 2008, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £5,000 p.a. approx.

THIS MOST ATTRACTIVE PUBLIC HOUSE HAS BEEN IN THE SAME HANDS FOR APPROXIMATELY 4 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £189,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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