• Free of tie Somerset village free house
• Three en-suite very well presented letting rooms plus owner’s one bedroom flat
• Three interconnecting character trading areas
• Fully fitted commercial kitchen and ancillary facilities
• Car park for 25
• Beer garden for 30
• Turnover in last financial year £275,000 with a net profit over £70,000 for working owners
• Great trading location
- Asking Price:
- £35,000
- Turnover:
- Available on request
- Net Profit:
- Available on request
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
The property is subject to a fourteen year lease with nine years remaining.
Current annual rent is £34,000 per annum payable monthly in advance.
The lease is protected by the 1954 Landlord & Tenant Act therefore fully renewable at the end of the term.
There will be a rent deposit in the sum of 25% of the annual rent payable to the landlord.
- Location:
-
The Kings Arms is situated in the pretty village of Stratton-on-the-Fosse, famed for Downside Abbey and Downside Public School. Stratton-on-the-Fosse is close to Bath, Wells and Bristol and makes an excellent base from which to explore the surrounding area.
The village is situated in the beautiful Mendips with fabulous walks and many historic houses, gardens and visitor attractions nearby including Cheddar Gorge, the Roman Baths, Wookey Hole Caves and Wells Cathedral. Bath is situated 12.5 miles north east, Wells 10 miles to the east and Bristol 20 miles north with the A303 trunk and M5 motorway/M4 motorway within approximately half an hour of Stratton-on-the-Fosse. The Kings Arms is a 20-minute drive from Glastonbury and 10 minutes from Shepton Mallet.
