THE ILCHESTER ARMS

ABBOTSBURY, DORSET

This very famous and busy historical hotel with restaurant and lounge bar is in a fantastic location in the historic village of Abbotsbury on the Dorset Jurassic coastline.
10 en-suite letting bedrooms.
Good opportunity!
Great place to live!
Partial repairing lease!
Low rent for this business!

HIGHLY RECOMMENDED!

VIEWING BY APPOINTMENT ONLY

The Ilchester Arms

Abbotsbury, Dorset

LOCATION

This is a grade II listed building situated in a high profile position in the historic village of Abbotsbury which is found on the B3157 coast road between Weymouth and Bridport. With a six thousand year history the area is also famous for its swannery, its lagoon, sub tropical gardens, 15 century chapel and Heritage coastline. This area offers a high standard of environment and is a highly sought after area to live.

TRADING AREAS

• Lounge Bars
There are a number of interconnecting lounge bars which include a locals area, and also lounge bars that can accommodate diners. A large open log fire dominates the side bar.
• Restaurant & Conservatory
Good standard restaurant and a separate conservatory area featuring a rustic brick fireplace seating 70 diners. In total there are in excess of 120 covers for diners throughout the trading areas.
• Kitchen
Very well equipped large commercial kitchen.
• Letting
10 rooms in total, including 2 motel suites. All en-suite.
• External
A large tropical garden, patio, car park for approx 40 cars, workshop, stores.
• Private
4 double bedrooms, 1 single bedroom, an office. High standards.

TYPE OF AGREEMENT:

• 10 year Enterprise lease, commencing October 2002. Landlord tenant protected, renewable. Fully tied.
• Five year rent reviews. RPI annually
• Partial repairing. Leaseholder is not responsible for the structure, electrics etc.
• Rent advised at £34k per annum

CURRENT TRADE:

Sales around £400k excluding VAT.

VIEWING: STRICTLY VIA The Pubshop Ltd

ESTIMATED INGOING

This appears to be a good opportunity to further the good work of the existing leaseholders and grow the sales and profit even further. It is rare to get a property such as this and should present an outstanding opportunity.

FURTHER INFORMATION

Personal Licence Training can be supplied by our sister Company The Pubshop Training School Ltd. They offer the GQAL Level 2 National Certificate for Personal Licence Holders (NCPLH) across the UK. They can offer tutor led courses and their Express Home Study course. Examinations can be taken at many venues. They can also be contacted on 01305 786639 or visit their website: www.pubshoptrainingschool.co.uk

The Pubshop Ltd's Licensing Division caters for licensing applications for the Licensing Act 2003.

Please note that you will require the services of a solicitor for the assignment.

All representations made to this Agency from the 'landlord', including all financial considerations, premises, agreements and discounts etc are passed on to the Applicant, with the discretion of the Agent, but no guarantees of accuracy or descriptions of whatever nature are made between the applicant and the Agency.

These particulars are for general outline purposes and do not constitute any part of an offer or contract. No responsibility is taken for any other error, omission or mis-statement in the particulars during negotiations or otherwise or representation or warranty whatever, in relation to the property.

MISREPRESENTATION ACT 1967. PROPERTY MISDESCRIPTIONS ACT 1991. These particulars are provided only as a general outline of the property referred to. Applicants should make their own enquiries and inspection of the property to satisfy themselves as to the accuracy or otherwise of the information given. Other than this general outline neither we nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the property referred to above.

The Friendly Pub People