The Orchard, The Whitminster Inn, Whitminster, GL2 7NY
UNDER OFFER, £400,000


THE PROPERTY

A Freehold 2.7 acre parcel of land formerly an Orchard with vehicular access from the A38.
The land is set back from the road adjacent to The Whitminster Inn and China Garden restaurant both established businesses with excellent local reputations.
The Orchard has a permanent marquee ( S.10/1203/FUL, retention of marque for temporary period / in situ since 2006 ) with a license for 250 seated guests and scope for an additional 100 and is set in mature gardens with parking for approximately 100 vehicles as well as an outdoor BBQ area, Bar area, Kitchens, storage and bathroom facilities.

LOCATION

The village of Whitminster lies between Stroud ( 5 Miles West ) and Gloucester ( Six Miles South ) on the A38 with J13 of the M5 motorway just 1 mile away.
Main line railway stations are found at Stonehouse, Stroud & Gloucester with services to London (Paddington) & Bristol (Parkway).

THE OPPORTUNITY

VENUE WITH PERMANENT MARQUEE

The Orchard and marquee has been run as a successful wedding and party venue since 2006 with a license for 250 guest and space / potential to increase this to 350 ( subject to consents )
Historically the venue turns over approximately £250,000 gross annually hosting weddings, parties, christmas events and charity functions – this is made up of hire fees and then upselling food and drinks.
Please refer to legal pack for statement from owners on potential income streams.

LOG CABINS – PLANNING GRANTED

Planning has been granted for 16 log cabins to be erected in the grounds to provide holiday accommodation.
This has the potential for an excellent revenue stream when built into the venue package with scope for circa £30 per night per cabin.
Please refer to legal pack for planning information.

HOTEL – PLANNING GRANTED

Planning was granted for a 60 Bedroom unit.
Please refer to legal pack for planning information.

RESIDENTIAL DEVELOPMENT

There may be scope for residential development of the site subject to gaining the necessary consents.

HISTORICAL INCOME

This is based on information provided by the vendors based on historical information on annual revenues.

Christmas Party Nights - £90,000
Christmas Day - £10,000
New Year’s Eve - £12,500
Charity Functions - £40,000
Weddings - £100,000
Total income attributable to the marquee £252,500 (gross)

PLANNING GRANTED - LOG CABINS

ReferenceS.13/1508/FUL
Application ReceivedMon 15 Jul 2013
Application ValidatedWed 17 Jul 2013
AddressWhitminster Inn Whitminster Gloucester Gloucestershire GL2 7NY
ProposalConstruction of an ancillary outbuilding, provision of 16 log cabins for tourist accommodation, and retention of marquee.
StatusPermitted
DecisionPermission
Decision Issued DateMon 14 Oct 2013
Appeal StatusUnknown

PLANNING GRANTED - HOTEL

ReferenceS.07/1234/FUL
Application ReceivedMon 21 May 2007
Application ValidatedMon 21 May 2007
AddressWhitminster Inn Whitminster Gloucester Gloucestershire GL2 7NY
ProposalTwo storey hotel accommodation to provide 30 bedrooms. (Revised plan submitted 19.07.2007)
StatusPermitted
DecisionPermission
Decision Issued DateWed 13 Feb 2008
Appeal StatusUnknown
Appeal Decision

PLANNING HISTORY

S.05/1823/FUL, retention of existing marque for three years
S.07/1165/FUL, relocation of existing marque for a temporary period
S.07/1234/FUL, two storey hotel accommodation to provide 30 bedrooms
S.07/2001/FUL, erection of additional two storey hotel building to provide 30 bedrooms
S.10/1203/FUL, retention of marque for temporary period

BUYER'S PREMIUM

Please be aware all purchasers are subject to a £1000 + VAT (£1,200 inc VAT) buyer's premium which is ALWAYS payable upon exchange of contracts whether the sale is concluded before, during or after the auction date.

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