Business for Sale in ROMSEY, HAMPSHIRE - PUBLIC HOUSE (FREEHOUSE) & RESTAURANT with separate BED & BREAKFAST - Freehold: £995,000 Leasehold: £95,000

Key Information

Ref
V35073P
Type
Pubs Businesses: Public Houses
Location
England: Hampshire
Tenure
Freehold, Leasehold
Status
For Sale
Annual Sales
£441,108 Ex Vat
Accommodation
10 Bedrooms
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Immaculate PUBLIC HOUSE (FREEHOUSE) & RESTAURANT with separate BED & BREAKFAST plus superior OWNERS ACCOMMODATION, situated in desirable expanding HAMPSHIRE village within the Test Valley, on the outskirts of the NEW FOREST, close ROMSEY, the cities of WINCHESTER, SOUTHAMPTON & SALISBURY all within easy reach, being only a short drive away along with M27 motorway network and popular attractions.

Occupying substantial valuable site, provides large customer car park, trade garden and terrace. Main detached public house/restaurant building, presented to high standard, no major expenditure necessary. Offers Bar Area, 60 cover Restaurant, Waitress Area, Commercial Kitchen, Cloakrooms, and Level Cellar. Lovely spacious owners accommodation above, includes stylish kitchen/breakfast room, utility, sitting/dining room, bathroom, and up to 4 bedrooms (or office/additional sitting room). Additional recently constructed Bed & Breakfast building, provides 6 modern en-suite letting rooms, viewing recommended to appreciate size and standard.

Popular business, under current ownership a considerable number of years, the subject of major investment and improvement over the years to reach current high standard. Trade split approx. 50:50 wet/dry sales, takings in region of £350,000 ex Vat, plus Bed & Breakfast takings in region of £100,000 ex Vat, offers potential Net Profits in excess of £100,000, still masses of further potential, benefits from recent construction of new pathways, housing developments and sports centre complex.

Freehold £995,000 sav OR New Lease £95,000 sav Ref: V/R/H35073P

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