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Red Post Inn, Peasdown St John, Bath, England, BA2 8JH

Guide Price
£695,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Pub for sale

Key features

  • High barrelage of c. 525 brewers barrels
  • Net turnover of £421,608 Y/E 30.09.23
  • Adjusted net profit c. £165,000 Y/E 30.09.23
  • 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

There are four distinct trading rooms, three of which are on the ground floor, with two separate ground floor customer entrances and a first floor function room, briefly described as follows:

Front entrance porch with lobby and door into the Sports bar, which has four linked areas including one raised section which has the pool table and dart boards, long bar servery with flagstone flooring, a mix of tables, pews/benches, sofas and stools plus wide screen 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 wet led business which sold over 520 brewers barrels (a brewers barrel contains 36g or 288 pints) during the twelve months of 2023.

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

Net sales: £421,680 for Year Ending 30/09/2024,

Adjusted net profit: circa £166,000

Development Potential

The owner has an architect's drawing of an initial site plan depicting the position of a proposed development of three terraced houses at the rear of the car park, which has not as yet been submitted.

Tenure

The property is being sold freehold

Business Rates

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

Regulatory

The property has a valid premises licence.

Energy Performance Certificates

EPC 1

Brochures

Red Post Inn, Peasdown St John, Bath, England, BA2 8JH

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

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Christie & Co, Pubs & Restaurants

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Notes

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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.

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