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The Swan

1 Winslow Road, Great Horwood, Milton Keynes, Buckinghamshire MK17 0QN
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Ref: 3858241
LeaseholdNil premium
Annual Rent£35,000

Contact Our Agent

Tim Widdows
Tim WiddowsAssociate Director - Pubs & Restaurants
+44 7795 037 676tim.widdows@christie.com

At a glance

  • Popular Pub in affluent area
  • Quarter of an acre site, GIA 2100 sq ft
  • Bar (30) Restaurant (30)
  • Large trade garden (100) and parking (15)
  • New FOT lease available - £35k rent
  • Immediate possession available - currently closed
View full details The Swan
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The Swan
1 Winslow Road, Great Horwood, Milton Keynes, Buckinghamshire MK17 0QN
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Ref: 3858241

The Swan

Description

A detached, two storey property that sits in a quarter of an acre plot. There is a large trade garden to one side with a car park on the other, suitable for c.15 vehicles. The ground floor trading area is decorated in a traditional style with exposed timber beams and a bar servery. The first floor has recently been refurbished as offers ample owner/staff accommodation.

Location

A traditional pub located in the charming village of Great Horwood, six miles south west of Milton Keynes. Other nearby notable towns include Buckingham (6 miles) Bicester (15 miles) and Aylesbury (12 miles).

Internal Details

Bar area - 30 Restaurant - 30 Commercial Kitchen with wash up Ladies and gents WC's 12ft x 12ft storage room Basement beer cellar Five bedrooms, lounge, kitchen and bathroom above the pub

Fixtures & Fittings

We have been advised that the F&F throughout is owned outright and can be purchased from the landlord - offers invited.

External Details

A large trade garden incorporating two storage sheds and a smoking hut that can accommodate up to 100 guests. Car park for c.15 cars.

Owners Accommodation

Newly refurbished and very comfortable owners/staff accommodation consisting of five bedrooms, a lounge, kitchen and bathroom. A new operator would also have the option of considering letting rooms should they wish.

The Opportunity

The Swan offers a new operator with a significant opportunity to reopen and re-establish this currently closed pub. A new offering will appeal to the local market as well as drawing business from Milton Keynes and other surrounding towns. Immediate occupation is available once terms are agreed allowing a new owner to take advantage of the remainder of the summer trade. The newly refurbished owners accommodation is also a great appeal of this property providing comfortable lodging for staff members. Selling the rooms as letting accommodation may also be an opportunity.

Staff

The pub is currently vacant so no staff to be transferred.

Tenure

A new free of tie, FRI lease to be granted to a new experienced tenant with an annual rent of £35k. A three month rent deposit will be required. Other terms such as length of lease are open to negotiation.

Business Rates

Rateable value of £6,500 (payable is typically c.half of this amount)

Regulatory

Premises licence