This wonderful Private ‘Free Of Tie’ Leasehold Inn with Letting Bedrooms and Village Shop is situated on Hindon Road within the village of Dinton, Wiltshire.
Dinton is a village, civil parish and former manor in Wiltshire, in the Nadder Valley on the B3089 road about 8 miles west of Salisbury.
The civil parish encompasses the small village of Baverstock about 1 mile east of Dinton.
The village benefits from a shop as well as a village hall and primary school.
This lovely village has three notable buildings all owned by the National Trust, these being Hyde’s House, Philipps House and Little Clarendon.
This is a popular area for tourists with the world renowned Stonehenge Site close by along with the lovely city of Salisbury.
This lovely Grade II Listed Village Inn with Letting Bedrooms and Village Shop is of brick construction, with partial rendering, under a pitched, tiled roof, occupying a prominent main road position.
The Lounge Bar/Dining Area (circa 50) is a spacious open plan room benefitting from a stunning open fireplace, long bar servery area, carpeted flooring and beamed ceilings.
The Restaurant (circa 40) is a pleasant room with garden views and offers solid wood flooring, doors to the garden and quality wooden furnishings.
Ladies and Gents W.C.’s.
There is a well equipped Commercial Catering Kitchen with stainless steel appliances (not tested) and work surfaces along with a dry store.
To the side of the business and with its own separate entrance is a newly created Village Shop that offers basic essentials. The shop offers fridges and freezers along with a servery area and hot snack area.
The property offers a variety of options as Owners Accommodation, depending on the needs of the new operators.
Situated on the 1st Floor are 5 En-Suite Letting Bedrooms all being offered in excellent condition. The 5 rooms offer 2 Double/Twins, Family Room, Triple Room and a Single.
To the rear of the building is a lovely mature and enclosed lawned Garden for 60 customers along with a Children’s Play Area.
To the side of the property is a Car Park for 30 cars.
We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:
Sun – Fri 10am – Midnight
Saturday 10am – 2am
Current opening hours are:
Monday 5pm – 11pm
Tues – Sat Midday – 3pm/5pm – 11pm
Sunday Midday – 8pm
NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House.
The property and business is being offered for sale as a new highly favourable 10 year Private FRI Lease Agreement as follows:
1. The asking price will be £49,950.
2. The initial rent will be £35k.
3. The annual rental is simply RPI linked to inflation every 3 years, hence no market rent reviews.
4. Rent payable monthly in advance.
5. Lease assignable after initial 2 year period.
6. Free of all brewery and supply ties.
7. Each party responsible for own legal costs relating to the transaction.
8. Deposit equivalent of 3 month’s rent to be paid on completion.
The property offers LPG, Septic Tank and all other mains services along with oil central heating (no services tested). Business rates payable are advised as being free of charge.
The current owners purchased the property and business in Dec 2015 although had been running the business for two years prior to buying.
This is a fantastic opportunity for new owner operators to exploit the clear potential in the business and benefit from a ‘free of tie’ agreement.
We are advised that accounts declare takings of circa £244,800 inclusive of VAT for year ending 11/17 with a trade split of 20% letting, 30% wet and 50% food and offers a recon net profit of £36,000 after paying the rent.
Accounting information will be made available to interested parties after viewing.
This business was viewed by Marc Blackford who would be delighted to discuss further details and can be contacted on 07812 753014.
Viewing appointments must be made by contacting Guy Simmonds on 01332 865112.
Date Prepared: April 2018