Thu, 19 Aug 2021 | COMMERCIAL PROPERTY
The King’s Head, a pub and microbrewery in the Suffolk town of Bildeston, is up for sale with a guide price of £310,000. Located in a Grade II listed building that dates back to the 14th century, it became a pub around 500 years ago.
A microbrewery was incorporated into the pub in 1996, with the current owners taking over the business in 2008. The King’s Head has built a reputation in the local community as a real ale pub, offering a supply of home-brewed ales and local guest beers.
Prior to the pandemic, the pub was well-known in the area as a music venue that hosted gigs, open mic nights and other events, such as pub quizzes.
The pub has an open-plan bar and large outside beer garden with a children’s play area and seating for around 40 customers. Across the first floor and an attic conversion there is also owners’ accommodation.
The pub features a fully-fitted kitchen, beer cellar and large store. The brewery is fully equipped and functioning, featuring a full range of brewing equipment. The current owners have offered to provide the pub’s buyer with instruction on the brewing process.
Agent Fleurets is handling the sale of the property and described the business as having “genuine scope” and added that it is “able to demonstrate a good level of profitability”. The agent said the pub has traded lightly under its current owners, closing Monday and Tuesday, and only offering lunchtime opening hours over the weekend. Fleurets said that the new owner could likely increase revenue by operating the pub with longer hours.
Fleurets said: "This is an award-winning pub and has an abundance of atmosphere and character to include an inglenook fireplace and log-burning fire with exposed original timbers."
Read more about M&A in the UK pub sector.
One of the best ways to find properties below market price is to look at recent administrations.
Operates as a white meat cutting plant producing premium fresh and frozen poultry meat to customer-specific requirements. Currently services over 150 active customers, circa 95% of whom provide reliable repeat business.
RELOCATABLE
The cafe first opened its doors nearly 30 years ago and has been under the current owners operation for just over 3 years, they have a very loyal and hard working staff structure in place and enjoy a consistent level of turnover throughout the year....
LEASEHOLD
Multi award winning restaurant established in 2002, and managed under guidance of head chef and restaurant manager.
FREEHOLD
26
|
May
|
Administrators to bring landmark Sheffield building to market | ADMINISTRATION
A landmark building in Sheffield is to be put up for sale af...
25
|
May
|
Circular economy group expands with UK takeover | BUSINESS SALE
Reconomy Group, a global circular economy firm, has acquired...
25
|
May
|
Assets of leisure firm to be sold amid FCA investigation | ADMINISTRATION
Administrators are seeking a buyer for the business and asse...
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.