The John O'Gaunt

Description

The John O'Gaunt is a well-established free house dating from around 1800. It sits in a large plot with ample external trade space and parking. The property boasts a spacious interior with a blend of traditional and contemporary décor, creating a cosy yet stylish environment for patrons.

Location

The John O'Gaunt is situated in the heart of Hungerford, a charming market town in Berkshire. Located on Bridge Street as you come into the town, this pub benefits from its prime position in an affluent area known for its picturesque surroundings and vibrant community. Hungerford is well-connected with easy access to major roads and public transport making it a convenient destination for both locals and visitors.

Internal Details

Inside, The John O'Gaunt offers a comfortable and inviting space for its guests. The pub features a bar area (20) alongside a main dining area with seating for up to 60 guests which is complemented by a well-equipped commercial kitchen that ensures the efficient preparation of high-quality meals. The interior is thoughtfully designed to provide a pleasant dining experience with high-quality furnishings and tasteful décor.

Fixtures & Fittings

We are advised that all trade fixtures and fittings are included in the sale. An inventory will be provided once a deal is agreed.

External Details

The property features a lawned garden area with its own external bar which is perfect for outdoor dining and socialising during the warmer months. There is also a large external trade area covered by a marquee that can host events up to 100. Additionally, the property provides ample parking facilities ensuring convenience for patrons arriving by car. The exterior of the pub is visually appealing with charming architectural details that enhance its curb appeal and attract passers-by.

Owners Accommodation

Across the first floor are six bedrooms as well as a bathroom and kitchen which is currently used by staff.

The Opportunity

The John O'Gaunt presents a fantastic opportunity for prospective buyers looking to invest in a thriving pub/restaurant business. With its steady and consistent turnover, this well-run establishment has built a strong reputation for quality food and drink in an affluent area. The pub's focus on excellent service and locally sourced products has garnered a loyal customer base making it a promising venture for new owners seeking a profitable and rewarding business

Staff

Contracted staff subject to TUPE

Trading Information

Net sales of c. £800k per year. Please enquire about further trade information.

Trading Hours

Open seven days a week 12-11pm.

Tenure

Free of tie lease to 2033 with an annual rent of £37,500 plus VAT. Landlord is a local charity.

Business Rates

Rateable value of £25,000

Regulatory

Premises licence.