Strictly Confidential
VI N E H O U S E HOTEL & R E S TAU R ANT 100 High Street, Paulerspury, Northamptonshire
Licensed Leisure www.savills.co.uk/licensedleisure
VI NE HO USE H O T EL & R E S TAU R A N T 100 High Street, Paulerspury, Northamptonshire NN12 7NA
Acclaimed character restaurant and hotel in quaint village
Acclaimed character restaurant with six hotel rooms • Located around 10 miles from Milton Keynes and near Silverstone circuit 40+ restaurant covers with drinks reception rooms • Landscaped garden with scope to introduce seating Private rooms in detached barn conversion • Business established in 1991 • Freehold £1,000,000
Location
Hotel Accommodation
Tenure & Price
Planning
The Vine House Hotel & Restaurant (The Vine House) is situated on the junction of Tews End Lane and High Street in the village of Paulerspury near the A5 which connects Milton Keynes and Northampton. The property is located approximately 10 miles (16 km) north west from Milton Keynes; a popular commuter town with a population of 229,941 (2011 census). The following are approximate distances: Northampton 13 miles (21 km) north, Banbury 20 miles (32 km) west, Oxford 34 miles (55 km) south west, Cambridge 58 miles (93 km) east. Other attractions include Silverstone Racing Circuit 6 miles (10km) south west and Towester Race Course 2 miles (3.5km) north west. Paulersbury has a population of approximately 1,053 (2011 census). The area is administered by South Northamptonshire Council.
Within the main building at first floor level are 6 en-suite character bedrooms decorated in individual styles. Seasonal prices apply with rates starting from £69.00 per night for single and £95.00 per night for double rooms.
Freehold. The Vendors are seeking offers of £1,000,000. Prices quoted may be subject to VAT provisions at the prevailing rate.
We have made informal enquiries to the South Northamptonshire Council and understand the property is not listed nor is it located in a conservation area. The property benefits from duel planning use class of C1 (Hotel) and A3 (Restaurant).
We understand the Gross Internal Areas of the property to be as follows:
The subject property is listed in the 2010 Rating List with a Rateable Value £11,500. The National Multiplier for England and Wales for 2016/17 is £0.497.
Property The Vine House is a two storey detached property of traditional limestone construction dating back 300 years under a pitched slate roof. To the rear there is a well maintained garden and car parking spaces for over 25 cars. To the west of the site lies a detached barn conversation providing 2 bedroom owner’s accommodation (address 102a High Street). An outbuilding to to the rear of provides further ancillary space for dry storage and laundry. We understand the plot measures approximately 0.356 acres (0.144 hectares).
Internal Description The Vine House operates as a restaurant on the ground floor with hotel rooms on the first floor. The restaurant and rooms are accessible via a shared reception from High Street; located to the right is a separate bar area which leads up to a private snug lounge room. To the left is the restaurant which provides around 40 seated covers. To the rear of the ground floor is a good sized and well maintained professional trade kitchen; at lower ground floor level are customer WCs and storage.
GROUND FLOOR
1,152 sq ft
107 sq m
FIRST FLOOR
1,044 sq ft
97 sq m
TOTAL
2,196 sq ft
204 sq m
External Description The property benefits from ample external space; to the rear is a well maintained landscaped garden adjacent to a good sized gravel car park with space for over 25 cars. The property has an attractive frontage set back slightly from High Street.
Premises Licence The property benefits from a premises licence that permits the sale of alcohol Monday to Saturday 11:00 – 00:00 and Sunday 12:00 – 23:30. The opening times differ; the business is not open to trade on Sundays.
The Business The Vine House is a privately owned and operated restaurant and hotel that was established in 1991. It is a multi award winning business that has various accolades including Best Restaurant in Northamptonshire and it is entered in both the Michelin and Good Food Guides. Since the current owners are chef and host the opportunity exists to extend trading hours to open on Sundays and utilise the outside areas for customer use. For more information on the business please visit www.vinehousehotel.com
Rating
Energy Performance Certificate The subject property has an E (105) rating.
Viewing Staff are not aware of the sale so discretion is required particularly if visiting as a customer in the first instance. For a formal viewing, strictly by appointment, please contact Savills. Important Notice Savills, their clients and any joint agents give notice that: 1. They have no authority to make or give any representations or warranties in relation to the property. 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, photographs 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.
Chris Bickle
[email protected] 023 8071 3943 James Greenlees
[email protected] 023 8071 3986 www.savills.co.uk/licensedleisure