Cowling Commercial Property Directory

ROADSIDE FOOD LED PUB

 Modern Built Public House
 Lounge Bar with Snug Areas
 60 Cover Restaurant
 Beamed Ceilings and Wooden Floors
 2 Double Bed Owners/Managers Flat
 Main Road Location
 Low Rent – Only £20,000 P.A
 Tied only on Beer
 Rateable Value : £11,325 Rates Payable : £5,028.31 Council Tax Band : B

LOCATION

Banwell is located on the outskirts of Weston-Super-Mare on the A371 just off junction 21 of the M5 Motorway. Weston Super Mare has a population of 74,920 according to the 2001 Census and is a popular seaside resort.

THE SITUATION

The property is in a prominent position on the main road through the village, which has a population of c.2192. The village has a community hall, village shops, a post office, a primary school, a GP surgery, a youth centre and a library. There are two new developments on the outskirts of the village, lending itself to further growth.

THE PROPERTY AND CONSTRUCTION

The property is modern built and of masonry construction with colour washed elevations under a pitched tiled roof. The ground floor consists of Lounge Bar with Snug Area, 60 cover Restaurant Area on two levels, W.C’s, Catering Kitchen with new equipment and Open Plan Bar with glass display unit. At first floor level there is a 2 bed owners/managers flat with private kitchen, lounge and bathroom.

THE PROPOSAL

Our clients are inviting offers for the leasehold interest.

THE LEASE

The business is held on a 10 year Punch Taverns lease with c.7 years remaining. There is a tie only on Beer and the rent is £20,000 per annum.

THE BUSINESS

Our clients have owned the business for 2 years and are selling due to health reasons. The property is owned by a husband (chef) and wife team and 5 part time members of staff as required. Trade is split 75/25 in favour of food sales and turnover (advised) is in the region of £225,000 pa.

THE STOCK

Any current stock to be purchased at valuation upon completion.

THE INVENTORY

The property is sold with an inventory of trade fixtures, fittings and equipment.

LICENCE

The property enjoys a Premises Licence.


THE ACCOMMODATION (comprises)

Main Entrance from the car park at the front into

LOUNGE BAR
31'7 x 33'9 (9.66m x 10.33) with central bar servery, seating on a mixture of leather back chairs and sofas, beamed ceilings, stripped wood floors and piano etc.

SNUG AREA
16'4 x 10'9 (4.98m x 3.25m) with sofas and large screen TV

LADIES & GENTS W.C’s

From the lounge bar door opens through into :-

RESTAURANT
36'8 x 19'11 (11.21m x 6.07m) and 41'1 x 26'4 (12.52m x 8.02m) (L Shaped) with bar servery area (which continues through from the lounge bar), food servery area with glass display area, pizza oven and espresso machine etc. The restaurant is split on two levels, the lower level consists of c. 26 covers on leather back chairs and wooden tables. There is a small alcove area which houses a further 6 covers. Once again there are beamed ceilings, wooden floors and gives access to further W.C’s and exit to side of the property. Steps up to raised area with covers for c.22 again on leather back chairs with wooden tables. From the back of the food servery area there is a door to

KITCHEN
Stainless steel worktops with fridges/freezers under, various microwave ovens, 2 double fryers, 8 burner gas oven, griddle, dishwasher and stainless steel double sink etc.

CELLAR
Accessed from behind the bar servery and is well maintained and organised.

OFFICE & BOTTLE STORES
Also from behind the bar servery there are two bottle stores and an office.

FIRST FLOOR

There is an entrance from the side of the property up to

OWNERS/MANAGEMENT FLAT
Two Double Bedrooms, Private Kitchen, Lounge and Bathroom.

OUTSIDE

CAR PARK with parking for c.50 cars and TRADE GARDEN with DECKED AREA and patio heaters etc.


Commercial Funding

With approaching 30 years experience in the commercial funding sector, Mike Quinn heads up our ‘Sister Company’ Cowling Commercial Finance Limited. No matter where you purchase a business, or which agent you purchase through, Mike would be happy to discuss any required finance. For further information, please contact Mike Quinn on 01271 375555. Email m.quinn@cowling-commercial.co.uk.


IMPORTANT NOTICE
Cowling Commercial for themselves, and for the Vendors of this property whose Agents they are, give notice that:
1. The Particulars are set out in general outline only for the guidance of intending purchasers and do not constitute part of an offer or contract. Prospective purchasers should seek their own professional advice.
2. All descriptions, dimensions and areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them.
3. No person in the employment of Cowling Commercial has any authority to make or give any representation or warranty whatever in relation to this property or these particulars nor to enter into any contract relating to the property on behalf of Cowling Commercial, nor into any contract on behalf of the Vendors.
4. No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting properties which have been sold, let or withdrawn.

PROPERTY MISDESCRIPTIONS ACT 1993
1. All measurements are approximate.
2. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact Cowling Commercial and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
3. We do our utmost to comply with this Act in full. However we are also trying to represent our clients’ properties in their high possible light, as such we may use summer photographs to promote some properties.

VIEWING
By strict appointment through the selling Agents, Cowling Commercial, Commercial House, 11 The Strand, Barnstaple, North Devon. EX31 1EU
TEL: (01271) 375555 FAX: (01271) 377674

SURVEY AND VALUATION
Cowling Commercial have an experienced fully qualified Chartered Surveyor who will provide Survey/Valuation and planning and development advice on any business being purchased. Contact Charlotte Luckett MRICS if you require professional services.