Kings Head Inn - Property Search - Savills

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Kings Head Inn

CLOS ST CENYDD, LLANGENNITH, SWANSEA, SA3 1HX

Kings Head Inn CLOS ST CENYDD, LLANGENNITH, SWANSEA, SA3 1HX

An iconic country inn combining historic character and contemporary accommodation to provide 27 en-suite letting rooms, restaurant and bar. Located on the Gower Peninsular, a renowned area for leisure and tourism, the property enjoys views over Rhossili Bay at Llangennith Beach. Outstanding seaside village inn on renowned Gower Peninsula Coastline Character original 17th Century inn with quality later additions 27 en-suite letting bedrooms located in separate barn-style letting block & town house Outstanding far-reaching sea views from front trade patio Large car park and rear trade garden Renowned destination for outdoor and sports enthusiasts Net sales of over £1.6 million

Location The village of Llangennith is located at the most westerly point of the Gower Peninsular, which was the first designated Area of Outstanding Natural Beauty in the UK in 1956. A unique area of the country, offering a diverse range of leisure activities, attracting a large number of visitors, holiday-makers and outdoor sports enthusiasts throughout the year. The village itself has a rich history and takes its name from the “Church of St Cenydd”, which is located at the centre of the village opposite the Kings Head Inn. In addition, the award-winning Llangennith beach has regularly been named within the best beaches in the UK and previously selected as one of the top ten beaches in the world. Although being within a rural setting, the village of Llangennith is well connected with the M4 at junction 47, 14 miles to the north-east, providing connectivity to the cities of Swansea, Cardiff and Bristol, 14, 48 and 73 miles to the east respectively.

Description The Kings Head Inn is a focal point of the village standing at its centre opposite St Cenydd’s Church and having outstanding views to Rhossili Bay at Llangennith Beach. The original part of the property is reputed to date from the 17th Century however, it has undergone significant refurbishment and development by the current owner adding contemporary letting accommodation to a character pub.

Public house Occupying the historic section of the property, the pub provides three main trading areas comprising restaurant/lounge bar which can accommodation 60 customers, the bar and games area which can seat a further 40 customers with many more standing and the function room being the most modern of the three rooms having the ability to seat 60 customers. This space is frequently used as additional restaurant accommodation, or as a wedding or function venue. Having been recently extended, there is a large modern catering kitchen offering an excellent contingent of commercial catering equipment. In addition, there is a manager’s office, beer cellar and ladies’ and gentleman’s toilets. At first floor level, there is substantial, separately accessed owner’s accommodation comprising four double bedrooms, kitchen, living room, family bathroom, office and stores. One of the outstanding features of the public house is the beer patio at the front of the property that runs its entire length and has the ability to seat up to 100 customers with views across to St Cenydd’s Church and further towards Llangennith Beach in Rhossili Bay. To the rear of the property, there is a smaller enclosed trade garden seating approximately 60 customers.

Town House The town house comprises a detached former residence. It has been developed by the current owner to offer four modern and well proportioned family letting rooms over two floors. The property retains much of the character from the original building whilst catering to the family market. The property also enjoys small private gardens with parking for approximately six vehicles to the side and rear.

The Barns In 2007, our client built two letting blocks of modern construction in a traditional ‘barn-style’ of stone with pitched slate roofs and comprising 23 letting bedrooms. The barns provide the opportunity to operate independently off the main pub operation with a self-contained reception area. The rooms have been appointed to a modern standard including a full range of amenities with rooms enjoying outstanding and far-reaching views towards Llangennith

Beach. The quality of the accommodation is evident when viewing and has achieved an AA 4 star rated inn status.

The Business

Car Parking

The turnover for the year ending 30 April 2016 shows sales net of VAT of £1,679,993. The business is well established with turnover and profit being stabilised for a number of years.

There is a large tarmacadam car park to the rear of the pub providing space for approximately 40 vehicles. The town house benefits from its own on-site parking.

Full accounting information will be provided to interested parties following a viewing and receipt of a Non Disclosure Agreement.

Business Opportunity The property provides the ideal wedding location with a kitchen and function room to accommodate large weddings and events. The provision of high quality onsite letting accommodation also serves to enhance the offering and provide the opportunity for the venue to be hired in its entirety if required. In addition, there is considerable scope to increase the occupancy and room rate of the letting accommodation with the potential to further develop half board packages. The distinct trading elements also provide the opportunity to vary the accommodation offer with the potential to use the family rooms as self-contained holiday lets.

General Information Tenure Freehold. Rating The property has a rateable value of £110,000. The business rates multiplier for 2017/2018 is £0.479. Services The property benefits from mains water and drainage with intercepts for solids, which is emptied annually, with oil-fired central heating and LPG used for cooking and heating. Licences The property has a Premises Licence. EPC The property has an EPC Rating of C. VAT Should the sale of the property or any right attached to it be deemed a chargeable supply for VAT purposes, such tax will be payable by the purchaser, in addition to the sale price. Sales Process The property is offered for sale by private treaty at a guide price of £1,950,000. Savills Private Finance Funding for this transaction can be arranged by Savills Private Finance. Please contact Russell Hall on 0161 2447797 or alternatively email [email protected].

Website A full overview of the property can be found at the business’s website www.kingsheadgower.co.uk.

Peter Scholes +44(0) 161 277 7227

Viewings

Alex Kalebic +44(0) 117 910 2217

Strictly by appointment with Savills or Sidney Phillips. For further information or to arrange a viewing please contact:

[email protected] [email protected] Kevin Marsh +44(0) 23 8071 3959 [email protected] Joint Agents – Sidney Phillips

IMPORTANT NOTICE Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, images and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. 11/08/17 PS