Historic Public House The Weld Arms East , Wareham, , BH20 5QQ

Free Of Tie Leasehold Interest Available Guide Price: OIRO £50,000

Attractive and Historic Grade II Listed Excellent existing trade with massive scope public house. ‘Honeypot location’ - within close proximity Fully refurbished throughout to and Turnover in the order of £450,000 net 5 letting bedrooms plus additional 2 bedroom family suite

Savills Southampton 2 Charlotte Place Southampton SO14 0TB +44 (0) 23 8071 3900 savills.co.uk Situation The Weld Arms is located in East Lulworth in Dorset. East Lulworth At first floor there are 6 bedrooms, 5 of which are used as en-suite is a small hamlet located between Poole and Dorchester and in letting bedrooms and 1 as staff accommodation. close proximity to Lulworth Cove and Lulworth Castle. The pub has a number of outbuildings with the cellar and additional Description Ladies, Gentlemen’s and Disabled toilets (used mainly by external patrons) located within one of the outbuildings. There is also a The property comprises an attractive Grade II Listed rendered brick further 3 outbuildings to the side and rear of the pub which are built building, dating back to circa 1700. The property has a pitched currently used for dry storage, refrigeration and stock. thatched roof, tiled to the rear. Fenestration is single glazed and wooden framed sash. Externally, there is a large lawned trade garden to the rear as well as a trade patio. Customer parking is located to one side with a few Internally the pub is split into three main interconnecting rooms, additional spaces at the front. with a lounge bar (30 covers) to the right of the main entrance, a more formal dining area (27) to the left of the entrance and a ‘snug The pub has retained many character features including open fires room’ (14) to the right of the bar (formally a cottage), which also and exposed woodwork and beams. An internal inspection is highly provides access to the main WC facilities and office. The ground recommended to appreciate it fully and it’s desirable location. floor also provides a kitchen, various stores, ‘satellite’ bar servery to service external diners in the summer. Tenure The entire property is held on a 20 year ‘free of tie’ lease from 15 October 2013. The rent passing will be £35,500 from September 2017 rising to £40,000 per annum during years six to ten inclusive. It is subject to a full repairing and insuring obligation with the exception of the thatched roof in its entirety, which is a landlord obligation. A copy of the lease is available to seriously interested parties upon request. The Business The pub operates as a traditional village pub with an extensive range of ales and wines as well as having a seasonal menu with regularly changing specials operating under traditional trading hours. Trade is drawn from the immediate and surrounding area and is further enhanced by daytrippers and holiday makers visiting the various nearby attractions including Lulworth Cove, Durdle Door, Tank Museum and the Jurassic Coastline. In addition, the Weld Arms benefits from being located opposite Lulworth Castle which hosts a range of events each year including two well known music festivals attended by thousands of revellers. There are also weddings regularly held at the castle with guests often staying at the pub. The business is currently generating a net turnover of circa £450,000 per annum. We are of the opinion the business offers excellent scope and potential to develop and promote further to an enterprising owner operator. For further information please log onto the business website www.weldarms.co.uk NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.

Licenses We understand the premises are licensed to operate from 12:00 until 00:00 seven days a week. Rating The subject property is listed in the 2010 Rating List with a Rateable Value of £35,000. The National Multiplier for and Wales for 2017/18 is 0.479. Fixtures and Fittings We are advised that the fixtures and fittings are wholly owned. An inventory list will be provided to seriously interested parties. Price We are inviting premium offers in excess of £50,000 for the leasehold interest and benefit of the goodwill and trade related fixtures and fittings.

For a formal viewing strictly by appointment with Savills or Davis Coffer Lyons Adam Bullas Keith Goodwin [email protected] [email protected] 023 8071 3957 020 7299 0706 Savills Davis Coffer Lyons 2 Charlotte Place 52 Portland Place Southampton SO14 0TB London W1B 1NH

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, 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. Designed and Produced by Savills Marketing: 020 7499 8644 | August 2017