Leasehold Public House and Restaurant For Sale

Business description

Originally a public house then bought for a private residence and again in the early 80’s opened up as a Public House brought back to its former glory. Our clients bought it a year ago and added character and value once again to it, and has now become a venue that the locals love to visit and clients from as far as the Somerset area regularly use the Inn. Upstairs is a formal restaurant, which seats 60 people offering delicious home cooked cuisine, which has been our clients, trademark and it’s success. The character and ambiance is unique and there is apart from a formal restaurant a room known as the library where our clients cater for exclusive parties for up to 12 people. This business is managed and run by our clients with a selective staff compliment. The reason why this pristine business is on the market is that our clients have other business interests. SBS are privileged to be able to promote this superb business and suggest that early viewing is essential.

Property information

Property:

Leasehold

Lease terms:

Tenure: leasehold
Original length: 25 years
Remaining: 24 years review
Review: 5 years
Rent: £24,900.00 (per annum)
Rates £922.00 (per annum)

Living accommodation:

Ground Floor The ground floor consists of a split level room with tables, chairs, and 2 huge fire places To the right a further room with approx 20 chairs and tables for pub meals A dedicated billiard room with a lovely grassed beer garden area Ladies and gents toilets Bar area A small but well fitted commercial kitchen Store room to the rear of the building First Floor Large formal restaurant Intimate library room A bed sitter with en suite bathroom External Parking for approx 80-100 cars

Location:

This superb Public House is to be found in Wales not to far off of the M4 in the tranquil countryside.

Other information

Financing available:

SBS Commercial have a full financial package available.

Contact the seller