Property Information
Address:
Yeovil, Somerset
Price: Sale Price: £1,169,000
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH565501
Property Ref/Agent: 2206-i-pub-for-sale-with-restaurantbed-and-amp-breakfast-in-tintinhull
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe is delighted to welcome to the market this award winning pub/restaurant/bed & breakfast business in the quaint village of Tintinhull, Somerset. The property was established as a public house around 300 years ago and has been in our clients' careful ownership since 2006. Only now is the business being offered to the market due to our clients' other business interests. The business is open 7 days per week, with a 24 hour licence, and generates a turnover in the region of 550,000 per annum, with a gross profit of approximately 75%.
The turnover is generated from a range of services, the bar area serves a plethora of beverages including real ales, beers and ciders, wines, spirits and soft drinks. The restaurant area was awarded an AA rosette, which has been awarded to the business every year since 2008, including this year, for the high quality of the fayre offered, which has been prepared with care, understanding and skill, using good value, wholesome, organic and free range ingredients, wherever possible. All the food that is used in the preparation of the carefully thought out menu is organic and locally sourced. All the ingredients are locally sourced from local farms or freshly sea caught.
The business has been featured in the Michelin 'Eating Out in Pubs Guide' in 2011, 2012 and 2013, as well as having excellent reviews on the website Trip Advisor. The bed & breakfast side of the business boasts four double rooms and one single room, all of which are four star AA rated. We feel there is scope to increase the turnover by embarking on a small marketing campaign to highlight the business and the services offered. A new owner could also introduce a function side to the business, catering for weddings, celebration and parties.
The business benefits from owners accommodation which includes a living room, kitchen, bathroom and double bedroom with en-suite facilities. There is already an excellent website in place to advertise the business and the services offered at . This is an excellent opportunity for a new owner, perhaps a husband and wife team, to take this already thriving and very popular business to the next level; therefore early viewing must come highly recommended to avoid disappointment.TENUREWe are advised Freehold.HOURSThe business operates:
Monday - Sunday: 10.00am - 3.30pm and 5.30pm - Close.
The business holds a 24 hour licence.STAFFThe business is owner run and managed with 14 x staff members.FINANCIAL PROFILEThe business generates a turnover in the region of 550,000 per annum, with a gross profit of approximately 75%.
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