Queen Victoria Inn, 10 High Street Available

Queen Victoria Inn, 10 High Street Gayton
Northampton
NN7 3HD
£500,000 / £65,000 pa
3251 sq ft

Summary

A substantial dining pub located in an idyllic village location accessible from Northampton, Towcester and the surrounding villages. With strong trade potential.
  • Extensive ground floor trading area for over 100 covers
  • Alfresco areas with potential for enlargement
  • 4 letting bedrooms
  • Large car park/30 spaces
  • Generous Manager's flat

Location

Idyllic village location accessible from Northampton, Towcester and the surrounding villages and being the only pub in the village.

Accommodation

Attractive gabled public house with bay windows to the front, clay tiled roofs together with a large part two-storey, part single-storey rear extension. An entrance to the front leads into the bar restaurant which is served by a fitted central bar/servery. There is a second entrance to the side adjacent to the outdoor dining area. The bar restaurant is fitted out with many attractive features and characterised by numerous corners providing for an excellent dining layout with capacity for some 100 covers.There are male, female and disabled WCs which have been refurbished to a high standard.
With in and out access from the restaurant, there is a large catering kitchen with essential fittings and a door leading out to storage areas. The alfresco area provides space for 6 tables and there is potential for creating a further outdoor area through utilising part of the car park. On the first floor there are 4 en-suite letting bedrooms, 3 of which are double/twin and one single. Each have en-suite bathrooms with showers. The Manager's flat has 3 bedrooms plus lounge, bathroom and fitted kitchen. The cellar is sufficient for purpose with a barrel chute for deliveries. Externally, there is a large tarmac surfaced car park with space for parking some 30 cars.

TRADE/POTENTIAL
The Queen Victoria is presently closed and has ceased trading. It is sold with the contents and inventory as seen. In the past, the Queen Victoria has traded at high levels (believed to be in excess of £500,000 per annum net of VAT) as a food led outlet with the benefit of a high seated capacity, attractive but accessible rural location and letting bedrooms.

It offers potential for re-establishing a strong and profitable food led venue in the style of the new tenant or purchaser. It is recognised that the incoming operator will need to carry out a superficial refurbishment of the public areas and to provide catering equipment in the kitchen.

Floor Areas

Total Ground Floor 3,251 Sq Ft 302.02 Sq M

Terms

Freehold with vacant possession or new lease offered for a maximum period of 10 years at a rent of £65,000 per annum subject to an initial rent-free period and with a rent review after 5 years.

Legal Costs

Each party is responsible for their own legal costs incurred in the transaction.

PREMISES LICENCE
11.00 am - 11.00 pm Monday to Saturday
12.00 am - 11.00 pm Sunday

INVENTORY
Trade fittings and equipment included as seen but without guarantee.

It should be noted that all figures quoted either verbally or in writing are exclusive of VAT unless specifically stated.

Services

We understand that all mains services including water, gas, drainage and electricity are connected to the property. Prospective occupiers should note that none of the services have been tested and it is up to prospective occupiers to ensure that the facilities are installed and working to their own satisfaction.

Viewing

To view and for further details please contact:

Tim Bell
Email: tb@underwoods.co.uk
Telephone: 01604 404060
Direct Dial: 01604 783005

Amy Gregory
Email: ag@underwoods.co.uk
Telephone: 01604 404060
Direct Dial: 01604 774146