The White Bear, 4 High Street, Shipston-on-Stour, Warwickshire CV36 4AJ

Property Details: • Type: Ask agent • Tenure: N/A • Floor Area: N/A

Key Features: • Cotswold town centre hotel, bar and restaurant • Currently taking circa £10,000 pw (unwarranted) • With eight en-suite letting rooms (potential for ten) • Public bar for 40 and lounge bar/restaurant for 60 • Large commercial kitchens and function room • Separate one-bedroom owner's suite • Car park for 20 and outside seats for 50

Location: • Nearest Station: Moreton-in-Marsh Station • Distance to Station: 5.9 miles

Agent Information: • Address: 44 Boulevard Weston-Super-Mare BS23 1NF

Full Description: LOCATION

Shipston-on-Stour is a market town in South Warwickshire and ideally located for visitors to the North Cotswolds and Stratford-upon-Avon. It is surrounded by places of interest including Chipping Campden, Broadway and Moreton-in-Marsh.

The town has great links to the M40 motorway. Shipston-on-Stour is popular with locals and tourists alike with a good mix of local stores. It is 9 miles (15 km) south-southeast of Stratford-upon-Avon, 10 miles (16 km) north-northwest of Chipping Norton, 14 miles (22 km) south of Warwick and 14.5 miles (23 km) west of Banbury.

The White Bear is located in the centre of town.

THE BUSINESS PREMISES

Entrance

Lounge Bar Seating circa 25.

With a range of bench and window seats together with some high bar stools.

There is a feature fireplace, part beamed ceiling and:

Bar Servery With wooden top and range of equipment behind.

Dining Area (to the rear of the bar) Seats around 40.

With part carpeted and part tiled floor.

Full of character with beamed ceiling, part exposed stone walls etc.

Large rear vestibule leading to:

Ladies WC With three cubicles, including one disabled.

Gents WC Recently refurbished with three urinals and two cubicles.

Public Bar With its own separate entrance from the front and rear.

Seats about 30.

There is part stripped wooden floor, part carpeted floor, a fitted bar servery and beamed ceilings.

Function Room Found to the rear which can seat around 20.

Currently housing a pool table and bar servery.

Two Cellars

Commercial Kitchen A large commercial kitchen with a full range of equipment including 6-ring hob and oven, deep fat fryers, commercial microwaves, commercial refrigeration unit, combination oven, double deep bowl sink unit and large prep areas.

This spacious commercial kitchen is capable of producing a high volume food offer.

FIRST AND SECOND FLOOR LETTING ROOMS

There are eight en-suite letting bedrooms with three twin and five double rooms.

There are two additional rooms currently used for storage which could potentially provide a further two letting bedrooms.

OWNER'S FLAT

To the first floor there is a self-contained one-bedroom apartment with lounge, kitchen and shower room.

OUTSIDE

To the rear there is customer seating for around 50 in various patio areas.

Also outside there are a number of store rooms.

Car Park For around 18.

THE PROPERTY

Benefits from gas fired central heating, mains drainage and mains electricity.

THE BUSINESS

Is open and trading with a management team in situ.

Current weekly sales are circa £10,000.

The business opens from 11 am until 11 pm.

Rooms are let with an average rate of around £80 per night.

We do not hold any trading accounts nor can we provide any trading information.

TENURE

The White Bear is available on the basis of a brand new tenancy with Donnington Brewery.

There will be a tie to Donnington Brewery for wet sales products.

An annual rent of circa £40,000 is anticipated.

Rateable Value Current rateable value (1 April 2023 to present) £40,000.