DORSET – VILLAGE FREEHOUSE WITH QUALITY LETTING ROOMS
Lytchett Matravers, Poole, Dorset
Ref: 93968
Freehold £595,000
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Key Features
Location
The Rose & Crown occupies a central position in the large and vibrant Dorset village of Lytchett Matravers. The village has a population of over 3,000 and is approximately 5 miles from Wareham and the costal town of Poole. It is located between the A35 and A350 in the Purbeck district of Dorset with views over Poole harbour as well as benefitting from a primary school and a variety of shops and small businesses to include two public houses.
The Rose & Crown is a two storey property of brick construction under a pitched tiled roof. The property is briefly described as follows:
The Rose & Crown is a two storey property of brick construction under a pitched tiled roof. The property is briefly described as follows:
Property
TRADE AREAS
Entrance into PUBLIC BAR furnished with polished wooden bar stools and tables and chairs for approximately 20 customers. Open fireplace, fitted carpets. The MAIN BAR is open plan and traditionally furnished with seating for approximately 50. A panel fronted polished top bar servery with back bar display connects the two principal trading areas. LADIES and GENTLEMAN’S TOILETS are offset.
Catering KITCHEN with non-sloop floor, hygienic wall cladding and a range of stainless equipment including Rational oven. DRY STORE ROOM.
Ground floor refrigerated BEER CELLAR and BOTTLE STORE with access to the car park.
OWNERS ACCOMMODATION
Located on the first floor with internal access and comprising:
Two double BEDROOMS
KITCHEN
LOUNGE
BATHROOM
LETTING ACCOMMODATION
Located on the first floor with external access, comprising:
Two super king BEDROOMS with EN-SUITE shower rooms
Two king bedrooms with en-suite shower rooms
RECEPTION LOBBY
STORE ROOM
All rooms are to a high specification, are spacious and have Zip & Link beds together with tea and coffee facilities.
EXTERNAL
TRADE PATIO with bench seating for circa 80. Lawned trade garden with seating for approximately 20. OWNER’S GARDEN. SERVICE YARD with container storage. Car park for 15 vehicles.
Entrance into PUBLIC BAR furnished with polished wooden bar stools and tables and chairs for approximately 20 customers. Open fireplace, fitted carpets. The MAIN BAR is open plan and traditionally furnished with seating for approximately 50. A panel fronted polished top bar servery with back bar display connects the two principal trading areas. LADIES and GENTLEMAN’S TOILETS are offset.
Catering KITCHEN with non-sloop floor, hygienic wall cladding and a range of stainless equipment including Rational oven. DRY STORE ROOM.
Ground floor refrigerated BEER CELLAR and BOTTLE STORE with access to the car park.
OWNERS ACCOMMODATION
Located on the first floor with internal access and comprising:
Two double BEDROOMS
KITCHEN
LOUNGE
BATHROOM
LETTING ACCOMMODATION
Located on the first floor with external access, comprising:
Two super king BEDROOMS with EN-SUITE shower rooms
Two king bedrooms with en-suite shower rooms
RECEPTION LOBBY
STORE ROOM
All rooms are to a high specification, are spacious and have Zip & Link beds together with tea and coffee facilities.
EXTERNAL
TRADE PATIO with bench seating for circa 80. Lawned trade garden with seating for approximately 20. OWNER’S GARDEN. SERVICE YARD with container storage. Car park for 15 vehicles.
The Business
The Rose & Crown has been under its current ownership since 2010 and is a welcoming family freehouse with rotating local ales. The freeholder has carried out various renovations to lift its profile and more recently completed a first floor extension to provide four quality en-suite letting rooms achieving a 9.3 rating on booking.com.
Profit and loss accounts for the year ending July 2020 show net turnover of £405,334. Trade has remained consistent with the July 2024 year ending accounts expected to show a net turnover in the region of £400,000. The split in trade is approximately 46% wet sales, 30% dry sales and 24% room sales. Further accounting information may be made available to serious applicants following a formal viewing.
The Rose & Crown would suit a couple or hands-on operator who could continue the current operation and capitalise on the newly added letting rooms
Profit and loss accounts for the year ending July 2020 show net turnover of £405,334. Trade has remained consistent with the July 2024 year ending accounts expected to show a net turnover in the region of £400,000. The split in trade is approximately 46% wet sales, 30% dry sales and 24% room sales. Further accounting information may be made available to serious applicants following a formal viewing.
The Rose & Crown would suit a couple or hands-on operator who could continue the current operation and capitalise on the newly added letting rooms
Tenure
FREEHOLD £595,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
Licence
A full Premises Licence is held.
Services
All mains services are connected.
Local Authority: Dorset Council, County Hall, Colliton Park, Dorchester, Dorset, DT1 1XJ
Rateable value: £23,500 as at 01 April 2023
£20,250 as at 01 April 2026
Local Authority: Dorset Council, County Hall, Colliton Park, Dorchester, Dorset, DT1 1XJ
Rateable value: £23,500 as at 01 April 2023
£20,250 as at 01 April 2026
Enquire about this listing
Nathan Stainer
Wessex
