Under Offer

Much Loved Community Driven Pub

Windlesham, Surrey

£149,950 +SAV

Ref: B04845

Contact sales negotiator

Kai Pollitt-Parry

01204556311

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Description

Hilton Smythe are delighted to offer to the market The Bee Public House, a charming village pub with open fires, original features and owners’ accommodation. The business is being offered for sale by our client who after 7 years successfully running the business wishes to relocate to be closer to his family.

The much-loved community driven pub offers a 50/50 split between wet and dry sales. It is Free of Tie on spirits, wines and ciders with only tied sales on beers required. The very successful food side of the business results in more than average wine sales levels which boosts the profit margin.

The pub is split between relaxed drinking areas and more formal dining spaces which can cater for small tables of couples to larger family diners of 30. There is a fresh daily menu at both lunch and evening meal times with 12 starters, 15 main courses, popular Steaks on the stone, light bites, jacket potatoes and large choice of desserts. Our client insists on everything been made to order and always tries to source local produce where possible.

There is a private function room located on the first floor which is hired out most weekends for both formal dining or standing up parties for up to 60. The Christmas period is particularly popular with festive meals been booked months in advance. In the summer months the expansive been garden is popular with families who can choose to eat outside with their families.

The business attracts a very loyal customer base from the over 65 age group throughout the weekdays and lunchtimes while early evening trade is popular with professionals finishing work. Weekends are always busy with local families and their guests.

The function room can also be used throughout the week for more business focused lunches, meetings and smaller funeral arrangements. Throughout the summer the grassed beer garden hosts family activities, beer festivals and BBQ’s. Our client can also make the entire pub space available for much larger parties or weddings.

There would also be an opportunity to increase the number of rooms to the first floor and loft space area if any new buyer wanted to add a bed and breakfast side to the business.

We strongly recommend early viewing to avoid disappointment.

Tenure

Leasehold

We are advised the business is been offered on a Leasehold basis.

Original length of the Lease 10 years with 5 remaining.

We are advised a current rent of £45,000. (which is under review).

We are advised by our client payable rates per year are just under £20,000.

Hours

The business is open for drinks between 12.00pm till 11.00pm 7 days a week.

Lunchtime menu is available Monday to Saturday 12.00pm till 2.30pm.

Evening dinning 6.00pm to 9.30pm.

Staff

The business is run and managed by our client with the help of 4 full time members of staff and 9 part time members of staff.

Financial Profile

We are advised the turnover as of the 2018 accounts showed was £435,973. Gross profit of £293,597 and an adjusted net profit of £60,000.

Location

The Bee Public House occupies a large detached plot on School Road, Windlesham, Surrey.

Windlesham is a very desirable village on the on the outskirts of Bagshot, there are 2 very good schools Hall Grove School and Windlesham Golf School as well as a choice of period housing and new housing developments in the surrounding area.

The M3 motorway is less than 5 mins drive away connecting commuters into the centre of London which is only 32 miles away and the busy M25 orbital motorway.

Nearest mainline station is Bagshot.

The business benefits from a large off-road customer carpark to the rear.

Premises

Total useful floor area in the region of 270 m2

Ground Floor

• Entrance vestibule
• Relaxed bar to the left (dog friendly area)
• Gents toilet

Central Bar

• 8 Points of dispense
• Solid wood bar with under storage
• 2 x Glass fronted chillers
• Till and card machine
• Spirit optics and further shelving
• Separate reception section for diners
• 2 dining rooms, easily accommodating 50 covers

The rear room overlooks the garden and the front room is dominated by a period open fire. Attractive wood panels cover the bottom half of the walls and the top have many pieces of bespoke paintings. Located in this area is the access to the ladies toilets.

Same Level Cellar

• Storeroom
• Office
• 2 Ice machines

Commercial Kitchen Includes: -

• Coffee machine
• Warming cupboard
• Gas oven
• Griddle
• Double stainless-steel prep sinks
• Handwash sink
• Chest freezers
• Panini grill
• Ice cream freezer
• Upright fridges and freezers
• Stainless steel prep tables and cupboards
• Access to the outside bar servery

First Floor

1. Private function room for dining up to 30 or stand up to 60 people
2. Storeroom 1 (potential bedroom)
3. Storeroom 2 (potential bedroom)
4. Shower room
5. Office (potential bedroom)
6. Owners master bedroom
7. Hallway with loft access (large loft space could be developed to increase living or letting space)

External

1. Carpark for minimum of 20 cars
2. Bins and storage area
3. Poplar outside bar with 2 points of dispense
4. Grassed beer garden with wooden seating and children's climbing frame - this area can accommodate approximately 50 people

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