The London & South East office of specialist pub agents Sidney Phillips, is offering for sale a superbly presented pub, which benefits from a long-standing and loyal customer base.
The Golden Pheasant is situated in the village of Farringdon, approximately 2.8 miles south of Alton. The Golden Pheasant occupies a one and two storey traditional public house and is understood to date back approximately 300 years, however is not a listed building. The property has been wisely invested in and constantly maintained and is therefore presented to a high standard throughout.
The premises benefits from three trade areas (bar, restaurant and function room) providing for 86 covers, as well as a well-proportioned garden (100), car park (50) and three bedroom owners accommodation.
Our clients have owned and operated the Golden Pheasant for the last eight years and have taken a dilapidated village pub and transformed it into a popular roadside eatery. The business is well known for its awards, most recently having been awarded CAMRA’s Pub of the Year for East Hampshire. The business benefits from a loyal local trade as well as destination diners and families from the surrounding towns and villages and would suit an experienced or first-time buyer alike who sought to offer quality home cooked food which is currently proving popular at the venue. A new operator could further increase turnover with the introduction of a coffee shop or village shop in the function room.
The Golden Pheasant is held on an attractive free-of-tie lease and is available off an asking price of £125,000.
For further information about this business and other pubs for sale, please contact Sidney Phillips’ London & South East office on 01892 725900 or Click here for more detail.