Pub/bar for sale in Hulverstone, Isle Of Wight PO30, £19,995

19,995.00

Offer Nr.:
66028926
Type of ad:
for Sale
Property type:
Pub/bar
Contact name:
Gully Howard
Phone(s):
01983 507984

* Characterful countryside hostelry, set on the picturesque South - West coast of the island
* 80 - 100 seat restaurant and large gardens with seating for c. 130, plus large gravel car park
* Property also benefitting from accommodation over the pub so could suit an owner - occupier setup
* For sale with offers invited “in the region of” £19, 995 leasehold, goodwill, fixtures, fittings plus stock at valuation
**Location**
The Sun Inn is located between the villages of Brook and Brighstone, in the
hamlet of Hulverstone which is elevated from sea level and therefore benefits
from far - reaching views of the countryside reaching out to the English
Channel. The property is the closest pub to the very popular South - West
Compton Bay beach, and is near the famous Military Road, being the main road
connecting the West of the Island to the South.
**Description**
The original thatched building is thought to date back some 600 years and it
is known that an Ale House was on this site in 1816. The bar area is highly
characterful with features including a mixture of raised flagstone and
stripped wood flooring, exposed stone and brick walls, window seats and an
Inglenook fireplace with log burning stove inset. There is seating for around
35 diners and drinkers. The connected restaurant area to the rear was
completed in 2005, and is laid to cater for circa 80 covers, but could
accommodate more if required. The premises is supported by Ladies and Gents WC
facilities plus a disabled WC and baby - changing facility. The commercial
kitchen is extensively equipped, comprising kitchen/preparation/wash - up area,
utility/store - room and an integrated walk - in chiller, plus staff WC facility.
Please see floor plan for further details. There are plenty of tables in the
pub gardens, which are predominantly laid to lawn and enclosed by hedgerow,
with some flower and shrub beds, and a children’s play area. More photographs
available on request.
**The Business**
Operated successfully by our client since 2015, The Sun Inn is undoubtedly a
food - led concern. There is, however, a significant and enthusiastic local
following including groups meeting regularly. There is regular live music and
other entertainment, particularly during the summer months. Detailed
accounting information available for inspection to bona fide applicants
following viewing of the premises.
**Owner's Accommodation**
The accommodation consists of a bedroom, lounge, bathroom, and kitchen,
meaning that the property could lend itself to an owner - occupier setup. We
understand that the flat falls into Council Tax Band A.
**The Lease**
Assignment of the existing 21 - year term from January 2006. We understand that
the premises is completely free of any tie.
**Terms**
For sale with offers invited in the region of £19, 995 for the benefit of the
trade fixtures, fittings and goodwill of the business, simultaneous with an
assignment of the existing lease, plus stock, glassware and loose catering
effects at valuation on completion.
**Uniform Business Rate**
Rateable Value: £29, 500
2023/2024: £0. 512p without small business relief. Interested parties should
make their own enquiries of the Isle of Wight Council to confirm any rate
liability or rate concession that may be applicable by telephoning Business
Rates on
**Viewing**
Strictly by appointment with sole agents Gully Howard Commercial Property,
Suite 11 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ. Call Gavin Chambers
or Morgan Williams on . E: Or
_under no circumstances should any direct approach be made as the staff will
be unable to assist_

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