Wheatsheaf Wool Lane, Rumbolds Hill, Midhurst, GU29 9BY
We are delighted to present a wonderful business opportunity at The Wheatsheaf which is situated in the affluent Mid Sussex town of Midhurst. The pub is currently categorised as a 'Town pub' due to being chameleon in operation, turning from a food-led business catering for shoppers and workers at lunchtimes to a more energetic environment catering for younger locals in the evening.
Midhurst is an affluent and historic Mid Sussex town, which is the home of a famous Abbey dating back to the 12th century. Cowdray Park Ruins are a major tourist attraction and they were the home of English Polo which was founded there many years ago. Conveniently only five miles from Glorious Goodwood and a 15 minute drive from Chichester, and just a further half an hour from the South Coast the town is very well positioned
The Wheatsheaf ideally needs an operator who is capable of running a constantly changing business and who has a proven capability to market and drive a business forward. A good understanding of catering, margins and up-selling would be a considerable advantage, as would an ability to communicate and cater for a wide cross section of the public, including the strong and loyal wet trade the pub benefits from.
We are delighted to present a wonderful business opportunity at The Wheatsheaf which is situated in the affluent Mid Sussex town of Midhurst. Presented in immaculate condition throughout, this unique building dates back to 1621 and part of the pub used to be the Squire’s Chapel of a Catholic church, this now serves as the pub’s function room. The main customer area consists of a single floor trading area with a unique island bar which is triangular in shape and provides three quite separate and distinct areas. Although half of the pub still has a traditional feel with open fires and slate flooring, the other half is very contemporary with a colourful and classic look. The site also benefits from a wonderful courtyard garden. Although there is no onsite parking, the local council car park is only 150 yards away from the pub.
The domestic accommodation comprises of three bedrooms, a bathroom, a kitchen, a lounge diner and an office. There is a separate entrance from the street. The accommodation is in good order throughout.
Rent: £43,000 per annum
Initial Investment: c.£25,000
Fair Maintainable Trade* (FMT) Turnover: £435,000 per annum