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Price Reduced: Large Freehold Pub/Restaurant In Somerset Town For Sale

Taunton, Somerset, UK
Freehold Price:
£295,000
Leasehold Price:
£5,000
Turnover:
Undisclosed
Net Profit:
Undisclosed
  • Large freehold pub & restaurant in Somerset town centre
  • Public bar for 30, lounge bar for 20 and function room for 25
  • Plus games area and commercial kitchen
  • Internal trade courtyard (25) leads to rear trade garden for over 80
  • Detached skittle alley at rear with scope to develop
  • First-floor accommodation consists of 4 bedrooms, kitchen/diner and a lounge

Property Information

Property:

Available as freehold and leasehold

Lease Terms:

Available on the basis of a 5-year (TAW Initially) agreement with Red Oak Taverns.

There will be a tie for beer, cider and lager (free of tie for wines, spirits and minerals).

Annual rent is £26,000.

Location:

Taunton is the county town of Somerset with a growing population of over 80,000.

The centre of Taunton is around half a mile away.

Immediately surrounding the property, you will find a number of locally owned retail stores, fast food outlets etc.

This densely populated area provides a local customer base.

Other Information

Leasehold asking price:
£5,000