VALE OF EVESHAM/COTSWOLD - 16TH CENTURY VILLAGE PUB AND RESTAURANT

Cleeve Prior, Evesham, Worcestershire

Ref: 93419

Freehold £350,000

Key Features

  • 16th century village pub and restaurant
  • Character bar and dining facilities
  • Excellent three bedroom owners accommodation
  • Trade garden, car parking
  • Stone barn with P/P for conversion to letting cottages (4 Beds)
  • Property

    TRADE AREAS
    MAIN BAR AND DINING AREA has a wealth of quality and character, as one would expect from a building of this age. There are many period features, including exposed stone walls, heavily beamed ceiling, boarded floor and two fireplaces, one an inglenook with stone surrounding and cast iron canopy over and a raised hearth. The second similarly has an exposed stone chimney breast and cast iron solid fuel burner installed. The room is arranged around a central bar servery which has panelled frontage and display back bar fitting, and has high quality dining chairs and tables easily seating approximately 35. There is a further small DINING ROOM which is an intimate dining area and may be utilised for small parties. This room has exposed stone walls, beamed ceiling and seating for 12.
    CATERING KITCHEN located to the rear of the dining room is well appointed with nonslip flooring, tiled walls and a three section, galvanized extraction canopy. Good selection of stainless steel catering effects and work surfaces. Offset inner hallway is a set of LADIES’ AND GENTLEMEN’S TOILETS.

    OWNERS ACCOMMODATION
    FIRST FLOOR
    Comprising:
    - Domestic LOUNGE
    - BEDROOM ONE double size, a very large room with WALK IN WARDROBE.
    - BEDROOM TWO another large double.
    - Domestic KITCHEN with modern fitted units.

    SECOND FLOOR
    - FAMILY BATHROOM with suite of double shower cubicle, wash hand basin and WC.
    - BEDROOM THREE large double with feature vaulted beamed ceiling.

    EXTERNAL
    Stone built OUTBUILDING adjacent to the pub is in two sections and houses the CELLAR and WINE STORE as well as a FREEZER ROOM/DRY STORE. There is a further stone built TWO STOREY BARN of between 1500 - 1800 sq ft, currently utilised purely for storage, which has staircase access to the first floor. Planning consent has been granted for the conversion of this building into two self-contained holiday cottages: one a two bedroom cottage and the other a two bedroom unit.

    The property benefits from an excellent TRADE GARDEN which is partially patioed, lawned and decked. External seating for over 60 customers. Hardstanding CAR PARK to the rear, providing space for approximately 20 vehicles. Small and partially covered PATIO AREA to the side of the property, providing casual smoking solution seated area.

    The Business

    The business was acquired by our client, a private investor, in September 2018. The property was then subject to a refurbishment and improvement programme which included reroofing the main building.

    The property has subsequently been let to independent tenants and our client has never operated the Kings Arms himself, therefore no trading accounts are available. Prospective purchasers will need to reach their own conclusions as to the potential trade and profitability which can be enjoyed at this outlet.

    Tenure

    FREEHOLD £350,000 to include goodwill, fixtures and fittings. Stock at valuation in addition. 

    VAT will apply on the sale of this property. It will be levied on the sale price of the freehold at the standard rate on 90% of the purchase price. Purchasers may wish to satisfy themselves with independent professional advice that this VAT may be reclaimed.

    No direct approach to be made to the business; please direct all communications through Sidney Phillips.

    Viewing strictly by appointment only.

    Licence

    Under the terms of Premises Licence the business is permitted to retail alcohol between the hours of:

    Monday to Sunday 10:00 to 23:00

    Services

    All main services are connected. The property has the benefit of gas fired central heating.

    Local Authority: Wychavon District Council, Evesham Community Contact Centre, Evesham Library, Oat Street, Evesham, WR11 4PJ

    Telephone: 01386 565000

    Rateable Value: £10,000

    Enquire about this listing

    Robin Mence
    Midlands

    Ref: 93419