Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Free Of Tie Idyllic Waterside Somerset Village Pub For Lease

Bath, UK
Asking Price:
Under £50K Furniture / Fixtures included
Sales Revenue:
£200K - £500K
Cash Flow:
£50K - £100K

The Duke of Cumberland, Holcombe is a well established food pub, embedded in the centre of the community. The Duke has a 50/50 split between food and drink, a strong regular trade for both drinking and eating as well as regular skittle teams during the winter.

The Duke is currently operated on a tenancy by an individual operator this 5 year tenancy expires June 2020. Previously this was operated by the owner who owns 7 freehold pubs, most he operates himself.

The pub seats around 80 customers through four rooms, a large log burner area, A skittle alley which can also be used for dining. A riverside garden, car parking for 30 cars.

The tenant has indicated that fixtures & fittings are likely to be valued at around £20k by a licensed valuer, £30k per annum rent and £7500 for a rental deposit.

The successful applicant will also benefit from the groups buying power, where they have excellent deals with Heineken, Butcombe, Thatchers and Bibendum.

The term and tenancy/lease terms are negotiable.

The website is below:

https://www.thedukeholcombe.co.uk/

If interested, please contact the seller through the form on this page.

Property Information

Property:

Leasehold

Lease Terms:

Lease terms to be negotiated with the successful applicant.

Leasehold Rent:

£30,000 per annum

Living Accommodation:

Three good size bedrooms, living room, kitchen, bathroom with separate WC.

Location:

The Duke of Cumberland is located on the main road through the Hamlet of Edford which is adjoined to Holcombe. The village has a population of around 500 and is close to the towns of Frome, Shepton Mallet, Radstock and Midsomer Norton.

Premises Details:

The Duke of Cumberland is a brick built building for the late 19th Century. It consists of four trading areas with a pretty garden with an idyllic river.

Size in square feet:
1,100
Planning Consent:

Established A4 planning consent.

Energy Performance Rating:
D  View EPC Graph for this property

Business Operation

Expansion Potential:

The right operator will be able to grow the existing food and drink trade and with the village shop closed, picking up some of the services they offered will add additional income streams.

Competition / Market:

There is another pub in the village which caters for the the Boutique Hotel and Rossette Standard food market. The Duke is very much established as the pub for the Village.

Reasons for selling:

The current owner has operated this pub for five years and his agreement is coming to an end.

Trading hours:

10am - midnight 7 days a week.

Employees:
5
Years established:
10

Other Information

Support & training:

The freeholder is an experienced operator and trade consultant and previously worked for various pub companies. The level of support and training will we offered depending on the applicants needs, but this can be regular business reviews, Online training courses and the benefit of the groups buying power.

Furniture / Fixtures value:
£20,000 - included in the asking price
Website:
Login or register to view link

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    When you tick this box we will pass a copy of your details (excluding your message) along with the name of the business you enquired on to finance specialists Rangewell. They will contact you about financing your business purchase.

  2. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to the seller of this business. Find out more about what we do with your information in our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here