Ilchester Arms Abbotsbury
Summary
This is a lovely 16th century coaching house situated in the picturesque village of Abbotsbury, home of the famous swannery and located on the world-famous Jurassic coast.
Description
This is a lovely 16th century coaching house situated in the picturesque village of Abbotsbury, home of the famous swannery and located on the world-famous Jurassic coast. The Ilchester is a large pub which benefits two lounge bar areas which are used for both drinking and dining offering around 45-50 covers. There is a conservatory which can be used as an overflow for dining or as a small private function room for a further 24 covers. A large catering kitchen allows for a strong food offering which could be developed by the new publican. The main USP of this site are the 10 en-suite letting rooms, all of which are in good order and provide great opportunity to drive additional revenue. To the front of the pub is a cosy patio area, however there is additional space to create a large beer garden with some investment. The private accommodation is a separate apartment block and comprises of two bedrooms, a lounge and kitchen.
Key Features
• 10-ensuite letting roomsPrivate dining or function roomLarge, well-equipped trade kitchenTwo-bedroom private accommodation ideal for a coupleDiscounts of up to £120 per barrel but has an average of £100 per barrel
Business & Financial Information
• Estimated ingoings (upfront): £14,545
• Full deposit: £13,750
• Agreement fee: £795
• Guide rent (weekly): £1,058
• Guide rent (annual): £55,000
• Forecast turnover (weekly): £462,236
• Forecast turnover (annual): £462,235
Ideal Operator
Stonegate Pub Partners are now seeking a food experienced publican who can develop the food offering and drive this business forward.
Private Accommodation
Separate apartment block.
Regional Manager's Thoughts
This pub has everything going for it from a superb location to great amenities, we are now looking for someone who has experience with food who can drive this business forward and make the Ilchester the go-to in the area.
Surrounding Area
The Ilchester Arms is situated in a fantastic tourist area on the coast road between the market town of Bridport and the seaside town of Weymouth. The fleet lagoon is Britain’s largest, there is the Abbotsbury swannery which is a sanctuary for 600 swans on the site of an 11th century monastery, the Abbotsbury sub-tropical gardens date back to the 1700's and the world heritage Jurassic coast. Abbotsbury is a very beautiful place to live and work, making this a fantastic opportunity for a new publican.
Upfront cost
£14,545
Cost type:
Upfront
Key facts
Upfront cost
£14,545
Turnover (annual)
£462,235
Rent
£55,000 (annual)
Location
9 Market Street, Weymouth, Dorset DT3 4JR
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
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