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Red Post Inn, Peasdown St John, North Somerset, BA2 8JH

£625,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Pub for sale

Floor/Site plan 1
1

Key features

  • High barrelage of c. 525 brewers barrels
  • Adjusted net profit c. £183,000 Y/E 30.09.24
  • Two bars and large outside trade areas
  • Potential for letting accommodation (STP)
  • Scope to create a kitchen & food offer (STP)
  • Marquee space to rear. EPC exempt
  • Christie & Co Ref: 3451513

Description

Description

The Red Post is an impressive detached Grade II Listed, three storey building. Dating back to 1851, the property is highly visible from the main road with its standout characteristics. We understand the building had a two storey extension in 1998.

Location

Peasedown St John is a large village about five miles from the city of Bath, and two miles north-east of the town of Radstock at the foot of the Mendip Hills.

Internal Details

Front entrance porch with lobby and door into the Sports bar, which has four linked areas including one raised section with pool table and dart boards, long bar servery with flagstone flooring, a mix of tables, pews/benches, sofas and stools plus wide screen screens and AWP machines.

Skittle Alley which would lend itself to conversion into a commercial kitchen.

The Rugby Room, which has more of a lounge bar feel, also has it's own external access.

Ground Floor

Side access lobby area to the disabled toilet and cleaning storage cupboard. Stairs down to a large basement area with three rooms housing the cellar and storage.

Other Floors

Stairs to the first floor landing with access to the ladies and gentlemen's toilets.

Door to attic storage space.

Function Room with a bar servery, part wood and carpeted flooring, DJ Booth and lighting system. The capacity for private events is around 70.

Letting Accommodation

There is potential to create letting rooms out of the six bedrooms located over the two floors.

External Details

The large pub car park has a wide entrance easily accessed off the A367.

There is a large lawned area to the rear which has previously sited a marquee and a barbeque.

An outbuilding with a sloping pitch roof that may have scope for conversion to a letting.

Large beer garden to side of the pub.

Owner's Accommodation

There are six bedrooms, three on the first floor plus a large communal fitted kitchen and utility room. Further stairs to the second floor landing with three further rooms and a large communal shower room with toilet and wash hand basin.

The Opportunity

This is a busy and successful wet led traditional pub business which consistently sells over 500 brewers barrels (a brewers barrel contains 36g or 288 pints).

There is an opportunity to create a catering kitchen and letting accommodation to create new income streams for the business (STP).

Staff

Owner operated with full and part time staff.

Trading Information

Beer and cider sales: 524* brewers barrels (36g/288pints) during the twelve months ending December 2023.

*excludes bottled beer and cider

Adjusted net profit: circa £183,000 for the year ended 30/09/2024

Tenure

The property is being sold freehold

Business Rates

The rateable value from 1st April 2023 is £15,500.

Regulatory

The property has a valid premises licence.

Energy Performance Certificates

EPC 1

Brochures

Red Post Inn, Peasdown St John, North Somerset, BA2 8JH

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Oldfield Park Station5.1 miles
  • Bath Spa Station5.6 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 3451513-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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