Village pub and restaurant in Cirencester, Northeast Cotswolds with 70+ covers and 3-bed accommodation

Description

Centuries old character propertyThree section trade area with over 70 coversTrade garden and car parkingThree bedroom owner accommodationTurnover £348,000 net of VATPoulton is located approximately four miles east of Cirencester on the A417 Burford and Lechlade roadThe property occupies an elevated position on the main road in the centre of the villageThe Falcon Inn is a Grade II listed building constructed of stone beneath a pitched tiled roof with original features including flagged floors, exposed beams and stone wallsThe property provides interconnected trading areas catering for up to 70 customers, along with owner accommodation and enclosed gardenTrade areasGround floor includes main bar with seating for 15 to 18 and restaurant area with seating for up to 18, both served from a central barSecond restaurant area with seating for 28Private dining room with seating for 18Catering kitchen fitted with extraction canopy, non slip flooring and full equipmentWash up area and separate storage roomsBeer cellar with rear accessOwner accommodationFirst floor includes three double bedrooms, one with en suite and one used as an officeKitchen and dining area, separate lounge and family bathroomExternalTwo enclosed garden areas, including trade garden with seating for 30Barbecue and pizza ovenCar park with space for 10 to 12 vehiclesBusinessRefurbished by current owners over 16 yearsEstablished dining tradeAnnual turnover £348,144 net of VAT with 62 percent gross profitApproximate net profit £90,000Currently operating reduced hours of four and a half days per weekPrevious turnover £529,000 when operating six days per weekFreehold £625,000 including goodwill, fixtures and fittingsStock at valuation in additionPremises licence permits alcohol sales from 10 am to 11 pm Monday to Saturday and 12 noon to 10.30 pm Sunday