Pub for sale : The George at Nunney is a 17th century inn with 10 guest rooms and high net profits for hands-on owners.
Pub for sale
The George at Nunney is an attractive three storey Grade II listed coaching inn and hotel. Over recent years it has been carefully restored using its existing period features with contemporary design and decor, creating a cosy and relaxing atmosphere. It has achieved the prestigious Retailer of the Year award for regional brewer Wadworth in both 2013 and 2016.
In addition to the 10 letting rooms, The George at Nunney lets a two storey period terraced cottage located nearby in the village. It consists of two bedrooms, bathroom, living room, kitchen and garden. The cottage can accommodate up to a maximum of 6 people for which our client pays £800 per month to a private landlord.
As the occupancy of the hotel side of the business is up around 84% on average, the cottage has become very useful for families that prefer self-catering. The inn has an excellent reputation for its cosy rooms, delicious food and a friendly service.
Situated in the village of Nunney described by the BBC Radio 4 as the prettiest village in England. This historic village has become a well known tourist destination particularly for overseas visitors due to its 14th Century castle and 12th Century Grade I listed Saxon Church. The moat which surrounds the castle is said to be one of the deepest in England.
The George is directly opposite the castle with its front beer terrace enjoying the tranquil setting of the brook that runs through the village.
Nunney is just two miles south west from the popular market town of Frome, a 20 minute drive from the city of Bath and 15 minutes from Longleat Safari park. The beautiful city of Wells is also within easy reach.
Entrance hallway and reception with access to all trading areas that briefly consist of:-
Lounge drinking and dining area (22) including a snug, all of which is open plan to the L shaped bar servery. Further table seating plus bar stools (34) on the other side of the bar in two open plan sections close to the bar servery. This leads through an arched entrance to a separate dining room (26).
Off the main reception entrance via a service hallway is the separate function/breakfast room, with self service buffet (38) and door to rear garden terrace. The George can easily accommodate 100 persons in one session.
There is ample ancillary areas plus storage areas outside. This includes a comprehensive catering kitchen, wash up, walk in chiller and refrigeration sections, cellar with door directly to the back of the bar, ladies/baby changing and gents toilets.
There are 10 rooms in total including two luxury suites, all have been recently renovated and are rated 4 Star and a self-contained holiday cottage located within a short walk.
Car parking for 12 in the rear and six at the front opposite The George.
Enclosed walled terraced rear garden with lawn and patio, table seating for (40) plus the night lit waterside terrace seating (28).
The self-contained flat consists of an open plan living room/office, kitchen, bathroom, two bedrooms with stairs up to an attic room/3rd bedroom.
Since purchasing the business our client has transformed and established The George as the highest ranked hotel in Frome and Longleat Safari Park on booking.com and trip advisor. In addition it has gained a widespread reputation as a popular dining pub with food sales close to £500,000.
The high occupancy is ensured by the close proximity of Longleat and business contracts during the winter months. The business is virtually run under management and therefore a hands on partnership would certainly earn a higher net profit.
Tenure of 15 year FRI fully tied Wadworth lease from 16 April 2012 with a current annual passing rent of £37,551 which has been increased annually by RPI and adjusted by rent reviews every five years, next one due April 2022.
Currently run with five managers, one for each department with additional full time and part time staff.
Net Sales of £960,529 for year end 31 March 2017.
This property is currently for sale at a guide price of £295,000. Full details are available on Rightmove.
To view this property or request more details, contact Christie & Co, Embassy House Queens Avenue, Clifton, Bristol, BS8 1SB, telephone 0117 407 0138.
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