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Pub and Hotel in Herefordshire For Sale

Pub and Hotel in Herefordshire For Sale
Pub and Hotel in Herefordshire For Sale Buy a Pub and Hotel in Herefordshire For Sale Sell a Pub and Hotel in Herefordshire For Sale

Register to see map and to make an appointment Sought after Country Town, HEREFORDSHIRE

Price 20,000 / 350,000

Features

Spacious Freehouse / Hotel (we Understand Closed Since May, 2017)

Public Car Parking in front of hotel (not owned by the hotel) free limited to 2 hours daytime.

Ground floor entrance to BAR with RESTAURANT, part wooden floor and various long stay carpets. Large bar with hand pumps, deop down screen with projector having full Sky TV, 60" plasma screen TV with full Sky TV. Tables and chairs plus bar stools providing seating 60/70 persons. Pool table, dartboard.

Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with 1 w.c. 1 urinal, wash hand basin

LEVEL KITCHEN with non-slip floor, stainless steel extractor, 4-burner gas cooker with oven plus additional 6-burner gas cooker with double oven, small deep fryer, Falcon grill, double sink and drainer, fridge, glass washer and ice make, 2 microwaves.

Wash-up area with dishwasher, double sink and drainer

Turnover

AS STATED the business is at present closed, however in our opinion offers terrific potential for development in the right hands.

Accommodation

First floor 8 letting bedrooms comprising 1 double bedroom plus 2 family rooms with 1 shared bathroom with bath, w.c. & wash hand basin. In addition on the first floor are 5 additional letting bedrooms each with en suite shower room with shower, w.c. & wash hand basin.

Second floor 9 additional bedrooms comprising 1 double bedroom plus 8 family bedrooms each with wash hand basin. In addition there is a bathroom with bath, shower, w.c. & wash hand basin.

Tenure

The vendor owns the freehold and subject to satisfactory references the vendor is prepared to grant a new 10 years full repairing and insuring lease at a rental of 25,000 p.a. exclusive of rates for the first 5 years with rent to be agreed thereafter.

Uniform Business Rates: 2,600 p.a. approx.

AS STATED THE LETTING ACCOMMODATION DOES REQUIRE REDECORATING AND REFURBISHMENT AND IN OUR OPINION WOULD BENEFIT FROM THE INSTALLATION OF EN SUITE FACILITIES.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, FIXTURES & FITTINGS 20,000 subject to contract.

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, FIXTURES & FITTINGS 350,000 subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 245,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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