Reference - 45842
Description
Fantastic opportunity to purchase a well established public house with excellent scope to develop the food side of the business, offering many additional potentials. The business trades from a grade 2 listed old coaching house, located in the rural town of Warmley, Bristol. Located within easy reach of Bristol and Chippenham, the pub is located just off the A420 London Road.
The pub is set back from the main road upon the village green and is an impressive building built of brick and stone render under a slate roof. In addition, the property has been extended in the past. The White Harte dates back to the early 1800’s and maintains many original features.
The pub specializes in wet sales and has recently started to offer food, which is proving very popular judging by their Tripadvisor reviews. The food is only available from 12 noon until 2pm daily, therefore offering excellent scope and potential to expand on this.
Internally the pub can offer up to 60 covers in an open plan dining area and has an additional overflow dining area. The property is located just off the village green and therefore tables could be utilized upon the grassed area during the summer months.
The White Harte is a Star Puns and Bars property and is tied into beers and lagers only, which are offered to the owners at lower than average rates. They are allowed guest ales and have good barrellages weekly. The lease is a brand new 15 year lease at the time of writing and at a favourable rate. The White Harte is well known in the area, most regulars travel up to 20 miles and it is mentioned in several local good beer guides.
The food sales represent approximately 10% of the sales with the other 90% in wet sales, these sales taking a preference of wine over beer. This side of the business is growing and ready to be expanded. The pub does not have full commercial kitchens but this may be a possibility with the landlords, and costs of this need to be considered.
The pub is a profitab
Sales
Currently weekly sales average £8,364 as declared by the owners and operates a 90/10 split in favour of wet sales
Accounts
Current records and accounts can be inspected when viewing.
Trading Hours
Monday to Saturday 11:00 – 23:00
(food 12:00 to 14:00)
Sunday 12:00 – 23:00
Note the vendors have an extended licence which would permit longer hours but choose to operate the hours as shown.
Staff
The business is managed by the vendors with up to 3 chefs, 10 front of house staff and 2 cleaners. All staff are on part time contracts with no staff subscribing to the governments workplace pension scheme.
Building External
The business trades from a substantial detached property with a 3 bedroom owners accommodation above the trading area, accessed from the rear of the bar area. The business has its own car park, capable of over 100 cars and can accommodate coaches.
Building Internal
The main bar area is located in front and to the right hand side as you enter the building. There is a large very traditional feel about the whole place.
The lazy P shaped bar offers bar stools and located within the two bar areas are a series of tables and chairs, along with chesterfield settees to the left of the bar area. The main dining area is to the right of the entrance and features stunning views over the countryside.
There is an excellently presented and well equipped semi commercial kitchen with a separate store room and rest rooms which have recently been refurbished. There is an internal staircase which also gives access to the owners accommodation.
To the left and front of the pub is car park. A small archway gives access to the main car park to the rear of the pub. This part of the car park has a height restriction.
There is a small outdoor area complete with a covered smoking area, located against the village green. Tables are located to the front terrace and on the green in the summer months.
Residential Accommodation
The business benefits from a 3 bedroom residential accommodation of substantial size comprising of 2 double bedrooms and a single, along with a large living room with high ceilings and a feature fireplace. There is a separate bathroom located along the hallway and offers a bath suite with a shower.
Tenure
We are advised that the property is owned by Star Pubs and Bars (Ex Heiniken) and is Leasehold. The current lease has just been renewed for 15 years and has rent reviews every 5 years. At the time of writing the current agreed rental is £43,250 annually.
The current rates benefit from Small Business Rate Relief and have approximately £17,000 payable.
We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
Summary
This is an exciting opportunity to purchase a business with a bright future and unlimited potential to convert into a food establishment or tea rooms for the right buyer. A viewing is highly recommended.
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