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Woodcroft Chepstow |
| Location Situated within the Forest of Dean, in the idyllic and affluent village of Woodcroft, which is just off the A48, a short drive from Chepstow and the Servern Bridge. Original white rendered cottage dating back to 1900’s with extensions/additions over the years. |
| Trade Accommodation Lobbied entrance from front garden leads to single bar with cottage style décor, exposed brick and coloured rendered walls. Part wooden/carpeted floors, banquette seating to perimeter walls featuring chalk boards, pictures and mirrors, feature fireplaces and log burning stove, downlighters to ceiling. Occasional table and chair seating ranging from modern iron bases to period antique pine tables, leather sofas, poser tables and high chairs. Small compact bar servery with two double door cold cabinets, glass washer and large Franke coffee machine. Door from bar - to large kitchen. Recently refitted after electrical fault with £90,000 worth of equipment comprising extraction and air conditioning, altro flooring, stainless steel units throughout, Gram under counter drawer freezers, 2 x 6 burner ovens, griddle, deep fat fryers, large Lincat double combi convection oven, Winterhalter dishwasher and ice machine. Door - to cold store, beer/wine cellar and door to delivery yard. Door from bar - to corridor with access to ladies, gents and disabled toilets and door to private yard with unused outbuildings (possible development potential), store for fridge/freezers and small car park (it should be noted that there is also unrestricted parking nearby). Door from bar to stairs up to |
| Private Accommodation private accommodation comprising 3 double bedrooms, lounge, WC and Bathroom. This area has access from a street door, therefore able to separate from the bar, giving the opportunity for letting subject to the correct permissions. Outside - To the front is a large triangular shaped, grassed, beer garden with nine combination picnic benches.. |
Tie Tied for draught and bottled beers and minerals. |
| Trade The present lessee has created a very good reputation for “sea food” and currently the business is 65/35 food led with wet sales predominantly wines and spirits. We are verbally advised that the premises average turnover is currently £5/6000 per week. Accounts will be made available to seriously interested parties. The premises are popular with locals and those driving out from Bristol, Cardiff and Monmouth and with walkers, hikers and climbers visiting the local area. We have had sight of profit and loss accounts that detail the following figures: Bar takings (net) £103,387 Food takings (net) £133,603.56 The business would be very profitable, but for a heavy wage bill, which could be reduced by owner/operators who could reduce that particular cost and create a higher net profit.. |
| Tenure 17 years remaining on a 20 year Pub Folio (County Estate Management) lease. |
| Rent £18,500 pa with the next review due in approximately 2 years. |
| Trading Hours: 12—2.30 pm and 6 pm—12 midnight—Monday to Saturday 12—6 pm Sunday |
| Premises Licence: Alcohol sales are allowed during the following hours: Monday—Sunday 11 am—12 midnight |
| Price We are seeking offers in the region of £150,000 for the remaining lease to include trade fixtures & fittings (which include £90,000 worth of kitchen equipment) with stock & glassware and small catering items in addition at valuation. ****The freeholder will require additional funds to cover security deposit, advance rent and legal fees . |
| Viewing Details :- STRICTLY BY APPOINTMENT THROUGH THE VENDORS AGENTS. YOUNG AND SMITH Telephone 020 7709 8788 Fax 020 7709 8789 For further details on this Public House please Contact :- Martin Smith |
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| Misrepresentation Act 1967
n b. the information contained in these particlars has been verified by Young & Smith staff so far as it has been possible to do so. Young & Smith believes the information is correct, objective and unambiguous and meets in all respects, the requirement of the property misdescriptions act and order |