The Wheatsheaf, 15 Main Road, Crick, Northamptonshire, United Kingdom, NN6 7TU
Business rates & charges may apply
- SIZE
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- SECTOR
Pub for sale
Key features
- Large Attractive Building
- Close to M1 Junction 18
- 12 Lettings Rooms (10 Ensuite)
- 108 Bar & Restaurant Covers
- Jan 2023 Turnover £893,964
- Jan 2023 EBITDA £212,793. Energy Rating B
- Christie & Co Ref: 5854354
Description
An attractive, two storey detached period building composed of predominantly brick and local stone construction beneath a pitched tiled roof. The property also comprises a modern two storey extension to the rear which was built in 2016, and consists of 10 double en-suite bedrooms. The rooms have been finished to a high standard and are equipped with modern furnishings and flat screen TV's.
LocationThe pub is situated to the North East of Northampton in the centre of an affluent village, and sits on the border of Warwickshire and Rugby.
The village is conveniently positioned close to several key transport links including the M1 motorway. Equally, the property is near key demand generators such as the Silverstone Race Circuit and the National Trust's visitor attraction site at Canons Ashby to the south.
Leading from the main entrance is the bar area comprising a central server with comfortable seating and inglenook fireplace. Beyond the bar is the formal restaurant area which was recently refurbished and is capable of seating c.108 covers.
Letting AccommodationThe property offers 12 letting rooms of which 10 are double en-suites. The 10 additional rooms were built to a high standard following an extension to the rear of the property in 2016. The average daily rate for the rooms is £85 and £65 for double and single occupancy respectively. The current occupancy for the rooms is 50%.
External DetailsThe site offers ample parking for up to 30 vehicles and a small external seating area for c.30 patrons.
The OpportunityThe sale of the pub presents an opportunity for an experienced operator in the sector, to acquire an attractive property positioned in a highly desirable area close to amenities and good transport links.
The level of income and profit generated within the business illustrates this readymade, turnkey offering. The Wheatsheaf is brilliantly located and beautifully presented.
The business consists of both full and part time staff including a strong management structure. This has enabled the owners to step back and be less involved in the day to day running of the business. TUPE regulations will apply as part of a TOGC.
Trading InformationThe business has performed consistently well over the past nearly ten years under the current ownership. The full accounts can be provided upon request but the latest information is a Turnover of £893,964 upto January 2023 the Net Profit equalled £196,226.
Trading HoursThe pub operates from 7-10am for breakfast, 12 - 11pm Monday to Thursday, 12-12am on Friday's and Saturday's, and 12-10:30pm on Sunday's.
Energy Performance Certificates
EPC 1Brochures
The Wheatsheaf, 15 Main Road, Crick, Northamptonshire, United Kingdom, NN6 7TU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Long Buckby Station4.2 miles
- Rugby Station5.3 miles
Notes
Disclaimer - Property reference 5854354-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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