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WILTSHIRE- M4 CORRIDOR COTSWOLDS FREE HOUSE
Corston, Malmesbury, Wiltshire, SN16 0HD
Ref: 46107
Asking Price
£289,000
Freehold
Status
On Market
Key Features
Location
The Radnor Arms occupies a central main road side position in the North Wiltshire village of Corston. The village sits beside the A429 which links the historic abbey town of Malmesbury to Junction 17 of the M4 motorway, both of which are approximately 3 miles distant. Corston is close to the southern edge of the Cotswolds and the village has many fine, stone built properties.
Corston is popular with commuters because of its close proximity to the M4 motorway which enables fast travel to Bristol, Bath, Swindon, Reading and London. Large towns in the area include Chippenham (approximately 5 miles distant) where there is a main line railway station and regular services to London Paddington.
The Radnor Arms is within easy reach of Westonbirt Arboretum and the town of Tetbury. Tetbury is the second largest town in the Cotswolds and home to Highgrove House, the private residence of their Majesties King Charles III and Queen Camilla.
The Radnor Arms is a Grade II listed building, believed to be approximately 400 years old. It is constructed of local stone under a part stone tile roof. The property briefly comprises:
Corston is popular with commuters because of its close proximity to the M4 motorway which enables fast travel to Bristol, Bath, Swindon, Reading and London. Large towns in the area include Chippenham (approximately 5 miles distant) where there is a main line railway station and regular services to London Paddington.
The Radnor Arms is within easy reach of Westonbirt Arboretum and the town of Tetbury. Tetbury is the second largest town in the Cotswolds and home to Highgrove House, the private residence of their Majesties King Charles III and Queen Camilla.
The Radnor Arms is a Grade II listed building, believed to be approximately 400 years old. It is constructed of local stone under a part stone tile roof. The property briefly comprises:
Property
TRADE AREAS
Side entrance from the car park into the MAIN BAR which has a wealth of character with a large, inglenook style fireplace incorporating a log burning stove. A second, smaller stone fireplace also has a log burning stove. Part slate type flooring and carpeted areas. Furnishings include a variety of natural wood tables, chairs and settles as well as some fixed and freestanding dining booths. The trade area seats approximately 48. BAR SERVERY with dark panelled counter and back bar display cabinets.
A REAR HALL with flagstone floor provides access to the LADIES’, GENTLEMEN’S and DISABLED CUSTOMER TOILETS, all of which have flagstone floors. To the rear of the servery is a BEER CELLAR. CATERING KITCHEN with main cooking area and stainless steel canopy. FRIDGE/FREEZER ROOM. PREPARATION AREA (with food prep sink) and Rational 10 rack oven. WASH-UP ROOM.
OWNERS ACCOMMODATION
FIRST FLOOR
3 DOUBLE BEDROOMS, some with fitted wardrobes and two with an iron fireplace. Large BATHROOM/SHOWER ROOM with wet room style, walk-in shower. The main feature of the accommodation is the large fully fitted KITCHEN/DINER which has a rustic brick fireplace, again with a wood burner.
SECOND FLOOR
Studio type LOUNGE with black timbers and large, under eaves STORAGE SPACE.
EXTERNAL
CAR PARK with space for approximately 15 vehicles. The FORECOURT is set out with table and bench sets, to the side of which is a LAWNED GARDEN. A further SEATING AREA has fittings for overhead sun sails for use during the summer months. A small, metal GAZEBO stands beside the main entrance.
Side entrance from the car park into the MAIN BAR which has a wealth of character with a large, inglenook style fireplace incorporating a log burning stove. A second, smaller stone fireplace also has a log burning stove. Part slate type flooring and carpeted areas. Furnishings include a variety of natural wood tables, chairs and settles as well as some fixed and freestanding dining booths. The trade area seats approximately 48. BAR SERVERY with dark panelled counter and back bar display cabinets.
A REAR HALL with flagstone floor provides access to the LADIES’, GENTLEMEN’S and DISABLED CUSTOMER TOILETS, all of which have flagstone floors. To the rear of the servery is a BEER CELLAR. CATERING KITCHEN with main cooking area and stainless steel canopy. FRIDGE/FREEZER ROOM. PREPARATION AREA (with food prep sink) and Rational 10 rack oven. WASH-UP ROOM.
OWNERS ACCOMMODATION
FIRST FLOOR
3 DOUBLE BEDROOMS, some with fitted wardrobes and two with an iron fireplace. Large BATHROOM/SHOWER ROOM with wet room style, walk-in shower. The main feature of the accommodation is the large fully fitted KITCHEN/DINER which has a rustic brick fireplace, again with a wood burner.
SECOND FLOOR
Studio type LOUNGE with black timbers and large, under eaves STORAGE SPACE.
EXTERNAL
CAR PARK with space for approximately 15 vehicles. The FORECOURT is set out with table and bench sets, to the side of which is a LAWNED GARDEN. A further SEATING AREA has fittings for overhead sun sails for use during the summer months. A small, metal GAZEBO stands beside the main entrance.
The Business
The Radnor Arms has been in the hands of its current owners since July 2011. They sympathetically restored the property but purchased the premises as a lifestyle business and therefore operate it on limited hours. The current opening hours are: Wednesday and Thursday 17:30-21:30, Friday and Saturday 12:00-14:30 and 17:30-22:00 and Sunday 12:00-16:30 (with food served until 14:30).
The business operates with minimal staff, maximizing the level of turnover, with trade split approximately 50/50 with a slight bent towards food sales. Consistent net sales of between £130,000-£150,000 per annum have been a feature of our clients’ operation.
The owners are retiring and stepping away from running the business, and any purchaser should consider that although the business is still trading at the point of advertisement, this will cease imminently.
The Radnor Arms offers significant scope for a new operator to grow the business by extending its opening hours and offering entertainment such as live music. Alternatively, the property may appeal to a couple wishing to run it as a lifestyle business in a similar manner to our clients.
Our clients own an adjoining outbuilding which comprises an en suite letting room and an office with courtyard and to the rear of that a holiday cottage. These can be made available by separate negotiation, but will only be sold as a whole with the Radnor Arms Inn.
Our clients have prepared an additional information pack which can be shared with serious parties following a formal viewing.
The business operates with minimal staff, maximizing the level of turnover, with trade split approximately 50/50 with a slight bent towards food sales. Consistent net sales of between £130,000-£150,000 per annum have been a feature of our clients’ operation.
The owners are retiring and stepping away from running the business, and any purchaser should consider that although the business is still trading at the point of advertisement, this will cease imminently.
The Radnor Arms offers significant scope for a new operator to grow the business by extending its opening hours and offering entertainment such as live music. Alternatively, the property may appeal to a couple wishing to run it as a lifestyle business in a similar manner to our clients.
Our clients own an adjoining outbuilding which comprises an en suite letting room and an office with courtyard and to the rear of that a holiday cottage. These can be made available by separate negotiation, but will only be sold as a whole with the Radnor Arms Inn.
Our clients have prepared an additional information pack which can be shared with serious parties following a formal viewing.
Tenure
FREEHOLD £289,000 to include fixtures, fittings and goodwill. 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 for the supply of alcohol for consumption both on and off the premises:
Monday-Thursday: 11:00-00:00
Friday & Saturday: 11:00-01:00
Sunday 12:00-22:30.
Monday-Thursday: 11:00-00:00
Friday & Saturday: 11:00-01:00
Sunday 12:00-22:30.
Services
Mains water, electricity and drainage are connected. LPG bottles for gas. Three phase electricity.
Local Authority: Wiltshire Council
Rateable Value: £8,500 as at 1 April 2023
The business is subject to Small Business Zero Rate Relief
Local Authority: Wiltshire Council
Rateable Value: £8,500 as at 1 April 2023
The business is subject to Small Business Zero Rate Relief
Enquire about this listing
Joseph James
Wessex
