Property for sale
Property description & features
- Established Pub & Restaurant Business
- The Only Pub in Alresford Village
- Includes 3/4 Bed Accommodation
- Large Garden & Car Park
- Superb Turnkey Business Opportunity with Scope to Grow
- Traditional Pub in Desirable Village
- Includes Fixtures & Fittings
- Prominent Main Road Position
Description - The pointer is a traditional, village pub with two bars and restaurant area located on the main thoroughfare in the village of Alresford within the Tendring District and has been in the current ownership since 2010. Alresford is a rapidly expanding village lying approximately 6 miles South East of Colchester and The Pointer is the only pub in Alresford. Additionally the ground floor also provides; large cellar, fully equipped kitchen and customer toilets. The first floor provides spacious owners accommodation with 3/4 bedrooms and two bathrooms. Externally there is a customer car park to side and large side and rear garden with outdoor bar and raised seating area.
The business offers scope to increase turnover by re-introducing some of the initiatives previously ran by the current owners including; Saturday morning breakfast club, extended kitchen opening times, darts & pool teams, themed nights, summer entertainment utilising the large garden and BBQ area.
Lease - Balance of 20 year lease to 12th May 2026 to be transferred. Part-tie requires all drinks apart from wines, spirits and minerals to be purchased from the brewery. Current rent of £44,972.20 PA (including insurance and licensing fee, all elements are subject to VAT apart from the residential element). Certain criteria must be met in order for the landlord to accept assignment.
Trading Hours - Current opening hours;
Monday - Closed
Tuesday - 14:00 - 20:00
Wednesday - 12:00 - 22:00
Thursday - 12:00 - 22:00
Friday - 12:00 - 23:00
Saturday - 12:00 - 23:00
Sunday - 12:00 - 18:00
Kitchen Hours:
Thursday 12:00 - 15:00
Friday 12:00 -15:00 & 18:00 - 20:00
Saturday 12:00 -15:00 & 18:00 - 20:00
Sunday 12:00 - 15:00
Opportunity to extend. Currently running reduced kitchen hours for food. The pub currently runs live music and charity quiz nights once a month.
Licensed to sell alcohol 10:00 - 00:00 Monday to Thursday, 10:00 - 01:00 Friday & Saturday, 12:00 - 23:30 Sunday.
Business Rates & Council Tax - Flat - Council tax band A
Biz rates - RV £6,700 - Qualifying for 100% rate relief meaning no rates payable subject to the ingoing tenant meeting the eligibility criteria.
Any enquiries should be made to Tendring District Council
Fixtures & Fittings - The sale will include fixtures and fittings, a full inventory can be provided upon request.
Stock - Stock on the date of sale will be transferred to the purchaser at additional cost.
Restaurant - Fully equipped kitchen serving; 20 internal covers plus 16 under marquee and a further 34 covers in the bar area.
Financials - Current trade split approximately 80% wet/20% food. Further details available upon request, interested parties may be required to sign an NDA.
Reason For Sale - Retirement
Viewing Arrangements - Strictly by appointment only
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