Showing posts with label Freehold Pub for sale. Show all posts
Showing posts with label Freehold Pub for sale. Show all posts

28 Apr 2012

Westbury Pub for Sale Wiltshire

Freehold Pub For Sale in Westbury, Wiltshire.

Castle Inn
Bratton Road
Westbury
Wiltshire
BA13

Gross Site Area: 4066 sq/ft*
 
£ 150,000 + VAT Freehold

LOCATION
The property is located in the heart of the town of Westbury, situated between Bradford upon Avon and Warminster Just of the A350. Westbury rail station is 0.9 miles from the site. The Castle is within easy walking distance of all local shops and amenities.

PROPERTY
There is a ground floor trading area which comprises one large open plan room served from a central bar server. Private beer garden to the rear with a smoking solution. There is car parking surrounding the pub.Private accommodation consists of 3 bedrooms, an office, large living room/lounge, domestic bathroom and private kitchen.

FURTHER INFORMATION
Vacant possession
Approx gross site area: 4,066 sq ft*
Approx ground floor foot plate: 1,591 sq ft*
Rateable Value: £7,500

All unconditional offers are invited for our clients unencumbered interest.

The property represents excellent value for continued licensed use / owner occupation. There is also potential for redevelopment (residential / commercial / mixed use) subject to gaining the appropriate Local Authority consents.

The existing use class of the property is A4 'Drinking Establishments'. Planning consent is not required to change the current use to A1 (shops), A2 (financial and professional services) or A3 (restaurants and cafes).

Please note that VAT may be applicable in this matter.

Westbury Pub for Sale, Wiltshire

Posted via email from UK Pubs For Sale And Development

10 Apr 2012

Bristol City Centre Pub for Sale

Freehold Pub For Sale In Bristol, Avon

Spring Gardens
Hotwell Road
Bristol
Somerset
BS8

Gross Site Area: 6137 sq/ft*
£ 300,000 + VAT
Freehold

LOCATION
The Spring Garden Tavern enjoys a central location in Bristol on a main busy road. The property is within easy walking distance of all local shops and amenities.

PROPERTY
The Spring Garden Tavern is a mid-terraced venue over two floors. The pub currently trades as a live music venue catering for the younger clientele.

The outlet trades from one large open plan room on the ground floor which is served from a central bar servery which offers all round vision and ease of service to all areas of the pub. This area is for 40 covers plus. There is a function room on the second floor which also has a bar with a stage area. Outside there is a patio area.

The domestic accommodation is of a good size and consists of four bedrooms, lounge and domestic bathroom. The domestic kitchen is situated on the ground floor.

FURTHER INFORMATION
Vacant possession
Development potential (STPP)
Approx gross site area: 6,137 sq.ft*
Approx ground floor foot plate: 2,380 sq.ft*
Rateable Value: £12,200
Offers invited for our clients unencumbered interest

The property represents excellent value for continued licensed use / owner occupation. There is also potential for redevelopment (residential / commercial / mixed use) subject to gaining the appropriate Local Authority consents.

<a href="http://www.uk-pub-sales.net/">
Bristol Music Venue in City Centre</a>

Posted via email from UK Pubs For Sale And Development

28 Nov 2011

UK Pubs For Sale - Freehold Pubs For Sale: Punch Taverns Rent Hike Forces Pub Closure

Punch Taverns Rent Hike Forces Pub Closure

A pub landlord says he may be forced to leave his business because the pub owners have hiked his rent up by 60 per cent, according to Bakewell Today.

Dave Mountford, who has run the Rising Sun in Middleton-by-Wirksworth for four years, said the increase by Punch Taverns, the biggest pub company in the UK, would leave him with less than £10,000 per year to look after his family.

Punch has asked for a rent increase from £15,000 to £25,000 in June next year.

Over the past three years, Mr Mountford said he had tripled drinks sales at the pub.

He added: “They now make £85,000 per annum from the pub while we make £20,000.“I was stunned when Punch announced an increase of 60 per cent.

“If the rent increases we will be left with around £10,000 a year to live on.

“I sat down and looked carefully at the figures they have provided and came to the conclusion they are inaccurate.

“We would not be able to stay if the rent went up. It would not be viable.”

Mr Mountford believes Punch has over-valued what he earns and had not included waste costs.

He contacted a list of 18 comparable pubs in the area provided by Punch.

“I phoned up these pubs and they nearly all said they are going out of business. A couple had just received eviction notices. The data showed they are paying much too much rent.”

Trade union GMB now plan to undertake a major survey of pub rents, incomes and costs.

A spokesperson from Punch Taverns said: “We have a Code of Practice that clearly outlines our ways of working and commitments to our licensees and explains what to expect when leasing a pub with Punch.

“The terms we have presented to Mr Mountford are in accordance with our Code of Practice and follow the Royal Institute of Chartered Surveyors’ guidelines. If we are unable to reach agreement with Mr Mountford, we will follow the provisions set out in our Code of Practice for dispute resolution.”

Posted via email from UK Pubs For Sale And Development

14 Nov 2011

UK Pubs For Sale - Freehold Pubs For Sale: Punch Taverns Rent Hike Forces Pub Closure

Punch Taverns Rent Hike Forces Pub Closure

A pub landlord says he may be forced to leave his business because the pub owners have hiked his rent up by 60 per cent, according to Bakewell Today.

Dave Mountford, who has run the Rising Sun in Middleton-by-Wirksworth for four years, said the increase by Punch Taverns, the biggest pub company in the UK, would leave him with less than £10,000 per year to look after his family.

Punch has asked for a rent increase from £15,000 to £25,000 in June next year.

Over the past three years, Mr Mountford said he had tripled drinks sales at the pub.

He added: “They now make £85,000 per annum from the pub while we make £20,000.“I was stunned when Punch announced an increase of 60 per cent.

“If the rent increases we will be left with around £10,000 a year to live on.

Posted via email from UK Pubs For Sale And Development