Ref: 8251 freehold
thriving & highly impressive 19th century award winning traditional freehold freehouse for sale with 6 exceptional aa 4 star rated letting bedrooms, situated in the idyllic country village of hawkley, hampshire
Thriving 19th Century multi-faceted and award winning Country Inn located in the prime Hampshire village of Hawkley.
Traditional and relaxing Lounge Bar (circa 30) and a versatile and inviting Restaurant (circa 40+ covers).
Wealth of charm and character throughout with open fires, oak and flagstone floors.
Recently been refurbished and modernised with no expense spared yet retaining a wealth of charm and character throughout.
6 highly impressive Letting Bedrooms being aa 4 Star Rated.
Fully equipped Commercial Catering Kitchen.
Good sized delightful Beer Garden (circa 100).
Advised current turnover circa £850,000+ (incl. VAT) with excellent reconstituted net profits of circa £140,000+.
Trade split circa 40% wet, 50% food and 10% accommodation. Undoubted potential for catering/events orientated operators.
An incredibly rare opportunity to acquire A thriving and highly profitable business offering tremendous potential
This delightful county inn is situated in the highly sought after village of Hawkley, on the edge of the beautiful South Downs National Park and can be easily reached from the A3 near Petersfield. Situated within the commuter belt and the M23 corridor and also having excellent road communications providing easy access to the M3, M27, A3, M23 and the M25 circular making this excellent location an extremely popular commuter area for the major motorways and the major international airports of Gatwick and Heathrow.
Hawkley is also within the catchment area of many similar affluent villages and towns in addition to being situated close to Liss, Hill Brow, Rogate, Selborne, Petersfield, Liphook, Winchester, Southampton, Portsmouth and Chichester and the coastal resorts of Worthing, Brighton and Bognor Regis and is also approximately only 20 minutes from Goodwood, with its extremely popular events of both racehorses (Glorious Goodwood) and motor vehicles (Goodwood Festival of Speed) making this superb inn ideally situated to attract trade from these nearby surrounding towns and villages. An enviable place to reside and a compelling trade opportunity.
Covered main entrance at the front leading into the Lounge Bar.
Lounge Bar (circa 30) being l-shaped is a delightful room exuding a warm and welcoming ambience. There is a feature return bar servery with a solid polished counter, glass gantry above and a matching back fitting with shelving; which is complemented by an eclectic range of solid polished oak tables, pew style seating and a mix of chairs and bar stools. Adding to the charm and character of the room is the solid oak floor and the 2 brick built open fireplaces. Access to the Restaurant.
Restaurant (circa 40+ covers) is a versatile and multi-functional room being set within 3 intimate dining areas and exudes a lovely inviting and relaxing feel and is extremely well furnished with a superb range of eclectic solid polished oak tables and a mix of upholstered chairs. There is also a return bar servery counter and a flagstone and solid oak floor. Access to the Beer Garden.
Catering facilities include a fully equipped Commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested). There is also a wash-up area and a walk-in chiller.
Lower Ground Floor Cellar with dray drop, pumps, python, tilt racks, post mix and cooler.
Ladies, Gents and Disabled W.c's.
Offering good sized rooms presented in excellent decorative order and briefly comprises: 6 bedrooms - all with en-suite facilities, T.V and tea/coffee making facilities. The rooms are aa 4 Star Rated.
There is a very good sized lawned Beer Garden (circa 100) at the rear with a delightful back drop of mature trees and shrubs etc. Furnished with an excellent range of timber picnic benches. Private parking facilities for circa 3 cars. There is also a delightful covered seating area at the front with timber tables and benches.
Trading & licensing
We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:
Monday - Sunday - 10.00am - 12.30am
The current opening hours are as follows:
Monday - Friday - Midday - 3.00pm & 5.30pm - 11.00pm
Saturday - Midday - 11.00pm
Sunday - Midday - 9.00pm
nb. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the aplh Qualification in readiness for their intended operation of the Public House.
The property and business are being offered for sale freehold (although we have not had sight of the title deeds). We are advised that the inn benefits from all mains services with the exception of a septic tank for sewage, Calor gas for cooking and uses oil fired central heating (services not tested). Business rates payable are advised as being £13,940 per annum.
Our vendor clients operate this successful business as a husband and wife team on a 'full time' basis with the assistance of 4 full time and a pool of 12 part time/casual staff.
Trade is currently derived from circa 40% wet, 50% food and 10% accommodation sales. Whilst emulating the current business model; there is still immense potential for a new full time hands-on owner operator partnership with previous experience of running a catering/lettings/events orientated operation enabling them to take this business to the next level by exploiting the food and functions potential that is to be found here. There are many additional areas of potential to increase sales and profitability by implementing a strategic marketing campaign to utilise the premises for private parties, wakes and functions etc and also focussing on online booking agents to further promote the superb letting accommodation.
Advised current turnover circa £850,000+ (incl. VAT). This truly is an incredible opportunity for either an owner operator to continue to build the business or for a commercial investor to enhance their existing portfolio.
This delightful village inn is an extremely well-established and successful business and in our opinion with the above areas of potential we would quite easily expect a fully focussed and fully committed operator to achieve a turnover well in excess of £1,000,000 (incl. VAT) per annum.
The asking price reflects the current trading foundation, the location and quality of fixtures and fitting, and of course not forgetting that this is an extremely substantial freehold property.
Accounting information will be made available to interested parties after viewing.
The property was viewed by Martin McConnell who would be delighted to discuss further details.
Viewing appointments must be made via Guy Simmonds.
Details prepared: May 2019
Note: Size quoted is usually the Total Useful Floor Area taken from the EPC and is for guidance purposes only and no responsibility is assumed by Guy Simmonds for the accuracy.
If size stated =1m2, this is because no measurements are available at this time.
Viewing: All appointments must be made through Guy Simmonds. Please note that these Sales Particulars are issued on the strict basis that all negotiations, viewings and contacts in connection with this business are conducted through Guy Simmonds who are appointed by the vendor to act under a Sole Selling Rights agreement with total confidentiality. Any breach of these terms may make you liable in law to litigation and damages. Under no circumstances must you approach the owner direct without a formal appointment or disclose to other customers and staff that the Premises are for sale.
Finance for purchasing A licensed property: We are in constant touch with a leading finance broker who specialises in arranging Business Finance for Licensed Properties. Whether you are purchasing a Licensed Property through ourselves, or another agent, we will be pleased to contact on your behalf our specialist who can arrange the necessary Finance Package for you at preferential rates. Please telephone for free and no obligation advice with regards to financing a Business.
Guy Simmonds for themselves and for the vendors or lessors of this property and/or business whose agents they are give notice that:-
(I) These particulars are a general outline for the guidance of intending purchasers (or lessees) and do not constitute an offer or contract, nor any part of an offer or contract.
(II) All descriptions, dimensions, distances, maps/plans, references to condition, trading figures and other items in these particulars are given as a guide and no responsibility is assumed by Guy Simmonds for the accuracy of individual items. Intending purchasers (or lessees) should not rely on them as statements of representations of fact and should satisfy themselves as to the correctness of each item by making independent enquiries.
(III) Intending purchasers (or lessees) should make their own independent enquiries regarding the use of the property, necessary permissions for use and occupations, potential uses and any other matters affecting the property prior to purchase.
(IV) Guy Simmonds do not make or give whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to this property. No responsibility is taken by Guy Simmonds for any error, omission or mis-statement in these particulars. Guy Simmonds do not warrant the accuracy of any accountancy information supplied and purchasers are advised to take independent advice in order to satisfy themselves.
(V) Guy Simmonds are unable to give any warranty as to the working order of any apparatus, equipment, fittings or services associated with the premises and therefore, cannot verify they are in full working order. Purchasers are strongly advised to obtain specialist reports prior to exchange of contracts in order to satisfy themselves.
(VI) All statements and descriptions are made without responsibility or warranty by Guy Simmonds, the vendors or lessees. Neither do Guy Simmonds nor the vendors/lessees hold ourselves responsible for any expenses whatsoever incurred by applicants inspecting Businesses which may be sold or withdrawn, to include travelling, valuation/survey, legal fees etc.
(VII) No person in the employment of Guy Simmonds has any authority to make or give any representation or warranty whatever in relation to this property.
(VIII) It should not be assumed that the contents of any photographs are included in the sale.
(IX) All prices quoted are excluding stock at valuation.