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Green Man Inn, King Stag, Sturminster Newton, Dorset, DT10 2AY

Guide Price
£595,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
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SECTOR

Pub for sale

Key features

  • Idyllic village location in Dorset
  • Bar, restaurant & function room-seating 100+
  • Run with full complement of staff, GIA 492Sqm
  • Net sales of £495,235 10 month to Jan 24
  • External seating 60, parking for 30 cars
  • Coffee shop let out on a 1 year lease. EPC: C
  • Christie & Co Ref: 3858266

Description

Description

The Green Man at Kings Stag is a historic pub that was built a century ago. It was acquired in 2019 and is currently under private ownership. Recently, the pub has undergone extensive refurbishment, maintaining its quintessential Dorset charm while offering a blend of traditional and contemporary elements. Renowned for its homemade, locally sourced food and a variety of real ales and ciders, it strikes a perfect balance between old-world charm and modern amenities. The pub features three-bedroom owners accommodation or for live in staff, a bar, restaurant and function room. Additionally, it offers ample parking and a delightful sunny beer garden, making it a popular destination for locals and visitors alike.

The Green Man Website

Site area: 0.881 acres
GIA: 492 Sqm

Location

The Green Man is situated in the heart of Kings Stag, a serene village just three miles north east of Sturminster Newton accessible via the A357 arterial road, making it easily reachable by car.

Visitors to the area will find themselves within close proximity to several notable attractions. The ruins of Sturminster Newton Castle, dating back to the 11th Century, lie a short drive away. Nature enthusiasts can explore the scenic River Stour or venture to Dairy House Farm to learn about Dorset's agricultural heritage.

Travellers arriving by train can reach the Green Man via the mainline railway stations of Templecombe and Sherborne, both located approximately 15 minutes from the village.

Internal Details

Bar seating 20
Farmhouse dining room seating 14
Restaurant seating 14
Green Room seating 12
Function room/skittle alley seating 40+ with separate bar servery
Commercial kitchen, pot wash, beer cellar, office and range of ancillary storage areas

Fixtures & Fittings

The trade fixtures and fittings are included within the purchase price, with the exception of some personal effects. An inventory will be provided to prospective purchasers once an offer has been accepted.

Services

We are advised that all mains services are connected with the exception of a LGP gas tank used for cooking.

Property benefits from solar panels which provide an income of circa £750 a year whilst reducing the pubs electric costs.

External Details

Front garden seating 60 (shared with coffee house)
Parking for 30 cars
Coffee shop – let on a 12 month lease for £500 per month.

Owner's Accommodation

Three-bedroom management accommodation arranged over the first floor with domestic kitchen, living room and bathroom.

Staff

The business is run by a full complement of staff who are subject to TUPE and will transfer with the business.

Trading Information

10-month accounts to 31 January 2024 show a net turnover of £495,235 with a gross profit margin of 66% with wage costs at 44%. Further detailed financial information will be available upon request.

Current trade split: 48.2% WET and 51.7% DRY.

Trading Hours

Monday to Saturday: 12:00pm – Close
Sunday: 11:30am – 17:00pm

Tenure

Freehold to be sold as a trading going concern (TOGC). Stock will be payable in addition to the purchase price on completion (SAV).

Tenancy

The coffee shop is let to a independent operator on a one year lease with a monthly rent of £500.

Business Rates

Rateable value effective from 1 April 2023 is £16,500.

Regulatory

The property is elected for VAT and we advise that any perspective purchaser consults an accountant.

Premises Licence.

Energy Performance Certificates

EPC 1

Brochures

Green Man Inn, King Stag, Sturminster Newton, Dorset, DT10 2AY

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Sherborne Station6.3 miles

About Christie & Co, Pubs & Restaurants

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Christie & Co, Pubs & Restaurants

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Notes

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Disclaimer - Property reference 3858266-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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