Room for growth at Inn for All Seasons
A highly-desirable Cotswolds freehold has come on to the market for just less than £2m.
The Inn for All Seasons, in Burford, Oxfordshire, is on the market with GA-Select
for £1.9m. It has received national and international interest from a mixture of private and corporate buyers as well as from venture capital companies.
Graham Allman, of GA-Select, said: "This part of the Cotswolds is so popular that it seems everyone wants to live and work here. We anticipate serious offers and the property could well go for more than the asking price."
The pub, with three AA rosettes, is listed in the Good Food Guide. The trading areas can cater for a total of 160 guests and include a lounge bar, restaurant, conservatory and meeting rooms.
The owners' detached on-site home has three en-suite double bedrooms, lounge, kitchen and private garden. Three-bedroom staff accommodation is available within the main property.
Allman said: "The Inn for All Seasons offers a good opportunity for managed branded operators or a discerning private operator to gain a rare foothold in this usually unattainable locale."
The agent claims that the business is currently under- trading and that its potential could be developed significantly by the right operator.
Allman said: "The current trading position of this business shows a consistent level of sales reaching a figure of more than £600,000.
"However, due to the strong positioning of the business it would be reasonable for a 'soft-branded' managed house operator to crash sales through its glass ceiling to treble those that are currently being achieved."