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The Forester, Lower StreetDonhead St Andrew, Near Shaftesbury, Dorset, SP7 9EE

£3,750 pcm
£45,000 pa

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Pub to lease

Lease details

Lease available date:
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Key features

  • Affluent village location
  • 110 covers (56 restaurant, 54 conservatory)
  • Gross weekly £10,000 with potential
  • 2 new en suite letting rooms. GIA: 482.8 sq m
  • 2 bed, 2 bathroom owners accom, ample parking
  • Front patio (25), Trade garden (40). Energy Rating D
  • Christie & Co Ref: 3858279

Description

Description

The Forester, originally known as the ?New Inn?, dates back to the 17th Century.

This charming thatched property, constructed from green sandstone, retains many of its historical features. The thatched roof was recently replaced in August 2021. Recognized for its homemade locally sourced food, this food-focused pub has earned an excellent reputation both locally and regionally for offering quality food with great customer service.

There is also significant potential to grow sales by further marketing the business.

Recently, two new letting rooms have been completely renovated and are now available for guests, which are in high demand in the area.

Having been purchased by the current owners in early 2022, the business is currently run under management and forms part of a regional pub company.

The Forester Website

GIA: 482.8 sq m
Site Size: 0.353 acres (0.143 hectares)

Location

The Forester is situated in the affluent village of Donhead St Andrew, Wiltshire, alongside the River Nadder and about four miles from the Dorset market town of Shaftesbury. Conveniently situated 2.1 miles from Donhead St. Mary, 3 miles from Semley, 1.5 miles from Ludwell, and 5 miles from Shaftesbury.

Donhead St Andrew is one of ?The Donheads,? a collection of small, dispersed parishes that were once part of a single Donhead estate. The area boasts an affluent population, excellent schools, and direct access to London Waterloo via mainline railway stations at both Tisbury and Shaftesbury.

Internal Details

? Restaurant area, dining room & snug seating 56 with central bar servery
? Conservatory/restaurant seating 54
? Ladies and gentlemen's WC's
? Large fully equipped commercial kitchen and preparation area with walk in chiller
? Ground floor beer cellar and range of ancillary storage cupboards

Fixtures & Fittings

All in situ trade fixtures and fittings are included in the freehold purchase price. For those interested in the leasehold, the trade fixtures and fittings must be purchased at valuation. A detailed inventory and valuation will be provided to prospective buyers or tenants upon acceptance of an offer.

Stock (SAV)

Stock will be purchased at valuation on completion in addition to the agreed purchase price.

Letting Accommodation

Accessed via an independent staircase on the side of the property, the accommodation features two well-appointed letting rooms. Wardour is a spacious first-floor en suite room that can be configured as either a king or twin. Sherbourne is a large en suite family room with a mezzanine bed, three steps leading down to the lounge area, and a bathroom.

External Details

? Ample rear parking
? Side trade garden seating 40
? Front patio seating 25

Owner's Accommodation

Situated on the first floor and accessible via a main staircase behind the bar, this space includes two en suite bedrooms, a sitting room, and a third bedroom currently utilized as an office.

Staff

The business is currently managed with a manager, assistant manager and part time bar staff with head chef, sous chef and kitchen porter and housekeeper, all being with the business and transfer under TUPE.

Trading Information

The trading accounts for the year ending 2024 show a turnover of £432,287 net of VAT, with a gross profit margin of 77%. Currently, the business is generating approximately £10,000 in weekly sales on six days trading.

Detailed current and historical information is available upon request for seriously interested parties.

Trading Hours

Monday: Closed
Tuesday: Thursday: 10am ? 10pm
Friday & Saturday: 10am ? 11pm
Sunday: 11am ? 9pm

Tenure

? Freehold: Sold as a trading going concern (TOGC) off a guide price £675,000 plus stock at valuation (SAV).
? New Lease: The property is also being offered on a new free-of-tie lease on a fully repairing and insuring basis, with an annual passing rent of £45,000pa for a term of 10 years, subject to three-yearly rent reviews. A minimum of a three-month rental deposit will be required, with rent paid quarterly in advance. Prospective tenants will be required to provide personal guarantees, a CV, a business plan, and proof of funding.

Business Rates

Rateable value effective from 1 April 2023 is £10,750. The business benefits from 75% Hospitality relief.

Regulatory

Premises Licence.

Energy Performance Certificates

EPC 1

The Forester, Lower StreetDonhead St Andrew, Near Shaftesbury, Dorset, SP7 9EE

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Tisbury Station3.1 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 3858279-lh1. 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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