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
Lancashire based exceptionally well-known licensed Indian restaurant on the market for a keen acquirer, the venue benefits from reputation and a desirable location.
LEASEHOLD
This is a rare opportunity to acquire a highly regarded coffee house situated in the heart of a bustling Oxfordshire town. Located on the high street, the business benefits from high footfall and a loyal customer base, drawn from an affluent catchmen...
LEASEHOLD
This charming, family-run cafe is nestled in a prime recreation area of Cheltenham. Known for its environmentally friendly practices and commitment to sustainability, the cafe offers a delightful range of coffee, organic teas, sandwiches, and cakes....
LEASEHOLD
26
|
Jul
|
Tunnelling construction technology company falls into administration | ADMINISTRATION
A tunnelling construction technology company based in Basing...
26
|
Jul
|
Sumer firm RMT completes second deal of the year | MERGER
RMT Accountants & Business Advisors, which is part of the Su...
25
|
Jul
|
Occupational health service provider secures PE backing for acquisitions | BUSINESS NEWS
A Hull-headquartered provider of occupational health service...
Business Sale Report is your complete solution to finding great 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.