The Crown Park Street, Stoke-by-Nayland, Suffolk CO6 4SE

The Crown Park Street, Stoke-by-Nayland, Suffolk CO6 4SE

The Crown Park Street, Stoke-by-Nayland, Suffolk CO6 4SE A fantastic opportunity to acquire a highly profitable public house with 11 letting bedrooms Affluent village location Extensive public house Separate accommodation building with 11 individually decorated letting rooms Gardens, car park and stunning country views Immaculate condition High turnover business with approximately 2m annual net sales Strong conversion to net profit

Introduction The Crown is located in the heart of the picturesque village of Stoke by Nayland and was acquired privately in 2003, with the pub initially refurbished and then extended in 2008 to provide eleven luxury en-suite bedrooms. The Crown has an enviable reputation for quality and has exceptional reviews on many forms of digital media. Situation Stoke-by-Nayland is a small village (682 persons 2011 Census) and civil parish located in Suffolk, close to the Essex border. The Crown is positioned in the centre of the village on Park Street and is surrounded by either open countryside or residential dwellings. Stoke-by-Nayland is ideally located approximately 20 minutes drive from Colchester and Ipswich (10 miles) and 35 miles and 70 miles to Stansted Airport and London respectively. Description The Crown comprises a large attractive brick built property with parking for approximately 50 vehicles and an extensive trade patio / garden, with outside seating for approximately 100 persons. Internally, the ground floor provides the entrance, ladies and gentlemen s WCs and disabled WC, single bar servery with three dining areas and a further three relaxed informal seating areas. There are a total of 127 covers within the public house. Also at ground floor level is a large kitchen with separate washing up area and staff rooms. The cellar is located at basement level and is extensive. The public house is modern in style but benefits from a number of traditional features including exposed brickwork, flagstone flooring, oak beams running throughout and open wood-burning fire place. The main public house building measures approximately 3,900 sq ft (362 sq m). The hotel which is independent from the pub and has its own entrance and reception, provides 11 letting bedrooms (8 on ground and 3 at first floor) which are individually designed and rated (Standard, Superior, Deluxe and Executive). Each bedroom is equipped with a king or super king sized bed, hairdryer, iron and ironing board, tea/ coffee making facilities, safe, mini bar, Television and DVD player.

Tenure The freehold interest in the property will be sold as a going concern and therefore TUPE regulations will apply. Business Information The business has established itself as a very popular destination venue, serving good quality modern British food. The hotel is a popular additional income stream with typical room tariff starting from 135 to 245 a night depending on room and time of year. All prices include breakfast and VAT. The Crown has traded profitably for many years and the current owners are selling to pursue other interests. A breakdown of the turnover is provided above and full trading information is available to bonafide parties, subject also to signing and returning an NDA. TURNOVER Mar '10 - Feb 11 Mar '11 - Feb 12 Mar '12 - Feb 13 Mar '13 - Feb 14 Mar '14 - Feb 15 FOOD SALES 1,136,764 1,144,729 1,163,857 1,172,534 1,195,790 DRINK SALES 537,766 549,353 568,864 567,500 574,429 HOTEL SALES 275,600 276,452 280,287 294,479 315,427 DISCOUNTS (27,709) (28,388) (24,664) (31,224) (26,912) TOTAL TURNOVER 1,922,421 1,942,146 1,988,344 2,003,289 2,058,734 Inventory & Stock Fixtures, fittings and equipment are included in the sale with general stock at valuation on completion. The additional wine stocked can be purchased if required. Rating The property is Listed in the 2010 Rating List with a rateable value of 139,750. The National Multiplier in England and Wales for 2015/2016 is 0.493. Services The property is served by mains water and electricity. Gas is by way of LPG. Wi-Fi is provided throughout. Energy Performance Certificate The EPC is split between the public house and the hotel and has been awarded a D86 and C56 rating respectively. Price 3,000,000.

Additional Information www.crowninn.net Viewing For a formal viewing, strictly by appointment with 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. Adam Bullas Savills, 2 Charlotte Place, Southampton S014 0TB abullas@savills.com 023 8071 3957 Gary Witham Savills, 33 Margaret Street, London W1G 0JD gwitham@savills.com 020 7409 9902