Thu, 21 Oct 2021 | COMMERCIAL PROPERTY
A pub in the Somerset village of Kingsbury Episcopi has been put up for sale by its owners. The Wyndham Arms, which is housed in a building dating back to the 17th century, generated average annual turnover of around £300,000 prior to the COVID-19 pandemic.
The pub is currently closed and is being marketed for sale on a freehold basis by estate agents Sprosen Grosvenor at an undisclosed guide price. The pub’s key features include two trade gardens, a car park with room for 30 vehicles, commercial kitchen, first floor function room and conservatory.
Also included in the sale are a three-bedroom owners’ home and a skittle alley located in an adjacent detached single storey building to the rear of the pub.
Sprosen Grosvenor says in a listing for the property: “The Wyndham Arms is built from honeyed ham stone as is much of this beautiful village which has an active community feel, village school and village shop.”
The pub comprises a front customer seating area with room for around 35 customers, a bar servery, rear seating area with room for 15 customers, patio area with room for 30 customers and a lawned garden with seating for 50. The interior features flagstone flooring, beamed ceilings, stone fireplaces and exposed stone walls.
Sprosen Grosvenor adds that there is significant scope to develop the pub’s sales, especially by growing its food business, with the business having historically traded with a 70 per cent split of wet sales.
Read more about the UK pub sector M&A.
One of the best ways to find properties below market price is to look at recent administrations
An acclaimed Thai restaurant in Glasgow, renowned for its authenticity and award-winning cuisine, is now available for acquisition.
LEASEHOLD
This is an exceptional opportunity to acquire a well-established and reputable Pan-Asian/Noodle restaurant in the heart of Glasgow's West End, benefitting from a prime trading position amidst a bustling retail and licensed area.
LEASEHOLD
An established fish and chip shop in the heart of Edinburgh is now available for sale, offering a fantastic opportunity to own a popular and thriving business with loyal customers.
LEASEHOLD
30
|
Apr
|
Westcotts buys agricultural specialists Douglas Green | BUSINESS SALE
South West chartered accountants and business advisers Westc...
29
|
Apr
|
Palletower continues acquisition spree with Alternative buy | BUSINESS SALE
Sale-based storage and logistics equipment provider Palletow...
29
|
Apr
|
Ilkley Brewery bought out of administration | BUSINESS SALE
Businessman Graham Smith, has agreed an investment deal with...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.