THE SPRINGHEAD
Sutton Poyntz, Weymouth

This business is located in a truly fantastic position in the lovely village of Sutton Poyntz. One of the most picturesque settings that we can recall.
This is a busy pub restaurant with large grounds that have recently been set up to hold wedding receptions.
This is a quality opportunity that has even more scope to grow sales and profitability.
20 Year lease.
PRICE REDUCED TO SELL £59,000

VIEWING BY APPOINTMENT ONLY

THE SPRINGHEAD

Sutton Poyntz, Preston, Dorset DT3 6LW

LOCATION

Sutton Poyntz is a wonderful picturesque 17th Century village with a famous millpond and small stream. This village is situated close to the famous holiday destination of Weymouth and is very near to Bowleaze Cove beach and Weymouth’s Blue Flag, award winning beach.

Situated on the outskirts of Weymouth (population approximately 60,000), a commercial and holiday centre which has been receiving substantial investment in recent years, including a new town centre and an extended, refurbished marina. The pub is approximately 3 miles from Weymouth town centre and 4 miles from Dorchester, the county town of Dorset. Weymouth & Portland will host the sailing events for the 2012 Olympics which in turn will increase the population during the long term build up to and during the Games.

The Springhead has various important trading areas. A comfortable lounge area with an open fire, a bar area and less formal dining area for the restaurant and the restaurant itself. Including the bar area this allows for approximately 70 seats for diners. Also there are gardens with the children’s play area and the newly prepared area from which wedding receptions and other functions are operated.

This is a quality drinking and dining business and attracts custom not just from the local population but from far and wide. Although this business does not depend on the tourist trade there are three substantial holiday parks in the vicinity (Weymouth Bay, White Horse and Waterside). This means that during the holiday season there are approximately 12,750 extra people in the immediate catchment area. Set in over an acre of land which includes a large car park with parking for 40 and gardens with fabulous views this property something special.

TRADING AREAS

Main Bar

The main bar area is comfortable with a substantially well stocked bar and back fitting that houses a large range of quality wines. This area not only serves the local drinkers but offers a less formal environment for dining and acts as an alternative area for the restaurant. Approximately 20 covers. High wine sales.

Lounge

With its open fire and leather sofas this is an ideal area for pre dinner drinks, post dining coffee or an area just to enjoy and relax in.

Restaurant

Accessed from the main bar, the restaurant offers a comfortable dining experience.
The restaurant has 50 covers, and is appointed to an high standard.

There is a very comprehensive menu and wine choice selection with a daily specials board. Much care is taken in planning the food and wine offer with the emphasis very much on locally sourced products and ensuring a quality dining experience.

Kitchen

A large commercial kitchen supports this business and is fully fitted and well located to serve the restaurant.

Cellar

Ground floor level, good compact cellar with python system and cellar cooling. There are 3 real ales.

External area

A substantial enclosed garden play area and patio with picnic style tables. Benefiting from large mature pine trees and fabulous views across the valleys this trading area is an attraction in itself. The existing owners have been operating very successful wedding receptions from this area and is seen as a huge profit earner with new enquiries every week with bookings in place for the rest of 2010 and for 2011. The pub is set in excess of an acre with car parking for over 40 cars.

Private accommodation

The private accommodation is presently arranged as 3 double bedrooms with the master bedroom en-suite. One kitchen dining and lounge area and separate full bathroom. This private area has wonderful views and will not disappoint.

TYPE OF AGREEMENT:

• 20 Year lease from March 2005. Fully repairing and insuring
• Rent advised at £43.879k per annum
• Reviewed every five years, RPI annually
• Free of tie wines, spirits and minerals
• Barrelage discounts
• 100% profit on machine income.

CURRENT TRADE:

Turnover is circa £400,000 gross which is expected to grow strongly due to the new wedding business. Gross Profit 63%

VIEWING: STRICTLY VIA The Pubshop Catalogue Ltd

ESTIMATED INGOING

An outstanding property situated in a beautiful setting in a most sought after area to live. This opportunity offers a great business potential with a high quality of living environment.

FURTHER INFORMATION

Personal Licence Training can be supplied by us. We offer the Level 2 National Certificate for Personal Licence Holders (NCPLH) across the UK. We 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 Catalogue 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.

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