Pub and Restaurant for Sale in Wick, South Wales

Cowbridge, Vale of Glamorgan
REF: INT2140

Asking Price:
£57,690
Annual Turnover:
£299,988
Annual Net Profit:
TBC
REF: INT2140
Photo of Pub and Restaurant for Sale in Wick, South Wales
Photo of Pub and Restaurant for Sale in Wick, South Wales
Photo of Pub and Restaurant for Sale in Wick, South Wales
Photo of Pub and Restaurant for Sale in Wick, South Wales

Overview

Tenure:
Leasehold
Established:
1980
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Strong Supplier Relationships
  • Wide Variety of Products & Services

The Lamb & Flag is situated in the small, friendly village of Wick, nestled just outside the sought-after town of Cowbridge. Within a short distance of south Wales’ stunning coastline and enthralling walks, Wick offers a much-coveted retreat from the hustle of daily life, yet one easily accessible thanks to quick-links to the M4, Cardiff Airport, Bridgend mainline train station and the city of Cardiff itself.

The pub itself has recently been lovingly cared for to create a truly charming Welsh village pub, bringing together a classic combination of cosy open log fires inside a heritage building, filled with warm clientele.

Shunning gimmicky offers for continually fair-priced food and drink, the Lamb & Flag Wick is welcoming to all, with a solid reputation as a destination pub – you will regularly find customers from further afield than you might expect, such as the Gower, Swansea, Brecon and Monmouth.

The Lamb & Flag’s customers are primarily made up of three distinct demographics: families and couples looking for great food – especially a Sunday roast! – millennials searching for that all-important authentic country pub experience, and locals with an eye for a guest ale.

As a business, the pub consistently delivers a solid turnover, yet still has a certain amount of unfulfilled potential and room to grow.

Recent Awards
• Business Growth Awards 2022 Winner �
• Welsh Coastal Life Magazine’s top 10 restaurants ⭐
• Good Food Awards Winner 2022�
• HoC VOG Pub of the Year 2021�

Social Media
The Lamb & Flag has a highly engaged social media presence across the two most
key platforms for its customers – Facebook and Instagram – which will be available
to the new owner:
– Facebook: 5,558 followers (5,106 likes, 4.9/5 from 169 reviews)
– Instagram: 2,385 followers

Reviews
Online reviews are consistently strong from the time that the current owners took
over the pub – fourth quarter of 2019 – offering a solid platform on which to build
moving forward:
– Google reviews: 4.5/5 from 221 reviews
– Tripadvisor: 4.5/5 from 181 reviews

The owners have paid great attention to detail in the pub's interior, menu and atmosphere - which has enabled them to enhance the experience of this charming establishment for their customers. Under current ownership since the end of October 2019, over the last few years, a great deal of work has been put in to maximise the pub’s full potential.

The pub provides offers a varied menu featuring a wide range of dishes, including local produce, which maintains its loyal customer base. Their fish & chips and Sunday roasts always pull in a crowd, but they are also well known for offering mouth-watering dishes across the board, as well as offering special and unique segments on their menu, too.

Currently, the pub opens from midday and has an active music license as well as Sky Sports on the television.

A viewing of this tremendous free house business is a must.

The interior boasts a stunning combination of the classic and the modern – blending cosy, open log fires, with a few modern twists. The cellar in particular has been given a new lease of life, resulting in the pub serving crisp, clear ales, beers, and ciders.

The pub also offers an extremely well-presented venue for hire, offering unique experiences for weddings, baby showers, parties, and more.

The adjoining car park is sizeable, with space to hold between 8-10 cars, with plentiful amounts of on-street parking nearby.

There is also a flat above the premises that is currently unoccupied.

This beautiful public house is perfect for anyone who is looking to relocate to a quaint, close-knit village, and run a free-of-ties public house that offers a lot of scope for sales and growth.

Currently, the business has a 75/25 wet to dry split. Therefore, to increase sales, the buyer may want to look at focusing predominantly on wet sales. On the other hand, this is also a perfect opportunity for anyone who is looking to carry on promoting the restaurant, as it is popular for its high-quality food, and it is not limited to serving drinks.

There is also a flat above that is currently unoccupied which any potential buyer could make use of, either as a live-in landlord or to rent for additional income.

Features

Key Information

  • Number of Covers: 20
  • External Seating: Yes
  • Hygiene Rating: 4
  • Wet / Dry split: 25
  • Free of Ties (Tied to Brewery): Yes

Reputation

  • Google: 4.5
  • TripAdvisor: Excellent

Online Presence

  • Facebook: Yes
  • Twitter: Yes
  • Instagram: Yes

Website: www.thelambandflagwick.com

Location

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  • Rural Location
  • Close to Local Businesses
  • On-Site Car Parking
  • Nearby Car Parking
  • Limited Competition

Property

Annual Rent
£18,000
Annual Rates
TBC
Lease Term (Years)
18
Lease Expiry (Year)
2037
Accommodation Included
Yes
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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