• City centre wet-led historic public house
• Has previously taken £8,000 per week (un-warranted)
• Opportunity to run a first class “boozer”
• Refurbished with internal seats for around 50 plus plenty of vertical drinking space
• Great sun-trap bear patio for 60 plus small car park
• Two-bedroom flat in main building
• Additional self-contained two-bedroom flat – opportunity for Airbnb
• Small catering kitchen and refurbished WCs
- Asking Price:
- £6,000
- Turnover:
- Undisclosed
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Tenancy
- Tenancy Terms:
-
The Northend Vaults is available on the basis of a brand new agreement with the Stonegate Group.
There will be a wet tie to the Stonegate Group incorporated within this agreement.
Headline rent is quoted at £25,000 per annum although initial rent discounts will be openly discussed.
- Location:
-
Gloucester is an historic cathedral city with a population of approximately 130,000 and is located on the eastern bank of the River Severn, sheltered by the Cotswolds to the east, while the Forest of Dean and the Malvern Hills rise to the west and north.
From the rear of the premises, the train and bus stations are only a few minutes’ walk away.
The Vaults, as it is known locally, is ideally situated just a short walk from the city centre of Gloucester and the Cherry and Whites Kingsholm Rugby stadium. This provides plenty of passing trade to the pub.
The Northend Vaults is one of the oldest hostelries in Gloucester, reported as a pub in circa 1660, but parts of the building are much older, originally a merchant’s house.
