The Swan is a substantial detached public house in a desirable village location with a bar/restaurant and function facilities, accommodating up to 145 covers. There are 9 letting rooms, a good-sized car park and gardens adjacent to the River Wyle, all of which add to this fantastic opportunity. To add, there is a three-bedroom house for an owner-occupier.
The main entrance provides access to the bar hosting a welcoming open fireplace, and characterful exposed beams and brickwork. There is some fixed seating here and with the addition of loose fixtures, the space could accommodate up to 40 covers. Off the main bar area, you will find the breakfast room, with another open fireplace and space for approximately 40 covers. The function room houses a skittle alley, and bar servery, and could accommodate around 80 covers. Additionally, a large workshop could be utilised as further trading space. The trade kitchen is spacious and fully equipped, boasting a walk-in fridge. Across the first floor of the pub are nine en-suite letting rooms, with the option of utilising the private and staff accommodation to create additional letting rooms.
There is a beautiful cottage garden to the rear of the pub, as well as a few tables and a smoking area near the pub entrance. Located across the road is the pub car park with space for over 30 vehicles. Here you will also find an additional riverside beer garden surrounded by trees, offering an idyllic setting for daytime and evening eating and drinking.
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The private accommodation is located in a separate house to the pub and comprises, three bedrooms, a lounge, kitchen and bathroom. The rooms have previously been utilised as additional letting accommodation, which the new publican may wish to continue for Air BnB – An additional 4 rooms within the main building is set up as a managers flat with the potential to convert to additional letting rooms.
Stock & Glassware: £7,000.00
Cash Float: £2,000.00
Forecast Wet Turnover: £219,938.19
Forecast Dry Turnover: £204,593.23
Forecast Other Turnover: £137,706.98
Forecast Turnover: £562,238.41
Year 1 Rent: £0.00
Guide Rent: £43,000.00
Initial Deposit: £0.00
Full Deposit: £10,750.00
Full Tie Release: £33,750.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £25,000.00
Working Capital: £18,000.00
The Swan Inn is a substantial pub in a desirable location and has previously been well-supported by both locals and those from surrounding villages. The pub has also welcomed trade from Salisbury, Wilton and tourists stopping off en route to and from the city. There is potential to attract visitors participating in the excellent fishing and nearby countryside activities. The Swan Inn offers the opportunity for refurbishment, to revitalise the pub as a destination food venue with letting accommodation and as such would need an experienced publican to develop the pub business.
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Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
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