Leisure and hospitality specialist Sidney Phillips is delighted to announce that the Coach & Horses, a charming village pub in the heart of the South Downs National Park has come to market and is available off a freehold asking price of £525,000.
The Coach & Horses is situated in the affluent and quintessential West Sussex village of Compton, approximately 8 miles north-west of Chichester. The village is situated in a stunning area of unspoilt countryside which houses many attractions including Harting Down (National Trust), West Dean Woods Nature Reserve, Kingley Vale, Goodwood Motor Circuit and Stansted Park.
The Coach & Horses occupies a substantial ‘L’ shaped property nestled in the heart of this desirable village. The property is Grade II listed, understood to date back to the seventeenth century, but has been well invested in recent years including modernisation of conduits and services and is presented to a very high standard throughout.
The property benefits from a bar area, lounge, restaurant and comfortable on bedroom owner’s accommodation. Furthermore, there are three superbly appointed en suite letting bedrooms which are let for between £99 and £180 per night during the summer periods, with special rates applying when various events such as Goodwood are held.
The Coach & Horses has been operated by the current owners since 2018, who have taken a ‘run of the mill’ village pub and transformed it into a popular and desirable venue following significant refurbishment and the introduction of the three letting bedrooms. The pub is well regarded within the local community and also draws in trade from the surrounding towns and villages. Being situated in the heart of the South Downs National Park the Coach & Horses greatly benefits from trade from cyclists and walkers. The Coach & Horses provides a Post Office service to the village on Fridays and also houses a bar billiards team and league.
The Coach & Horses offers a new operator great potential to further increase turnover and profits. At present the business is run to suit the seller’s lifestyle, operating five days a week, with the potential to open seven days a week. Furthermore, there is potential to expand the current dining times as well as offering the letting rooms on Sundays and Mondays.
For further information about this pub for sale, other pubs for sale or to let or how to buy a business please call Sidney Phillips on 01982 725900, or email southeast@sidneyphillips.co.uk.
(January 2022)