Black Dog Inn, Church Street, Newent, Gloucestershire, GL18
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Pub for sale
- USE CLASSUse class orders: A4 Drinking Establishments and Sui Generis
A4, sui_generis_3
Key features
- 17th century Inn with 3 section beamed bar
- Separate restaurant/games room and catering kitchen
- 5 en suite family size letting bedrooms
- Gardens and car parking and p/p for the construction of 5 2-bedroom townhouses
- Currently closed
Description
Newent is a popular town which benefits from excellent communication links due to its proximity to both the M50 (3 miles) and M5 motorways as well as the cities of Hereford and Gloucester. It has an increasing population of just over 6,000 and is a bustling and popular medieval town centre, home to many businesses.
The Black Dog is one of the town's most historic properties dating back to the early 17th century and has a wealth of period charm and character. The pub stands in a large plot of 0.4 of an acre and in addition to an attractive coaching inn with bars and 5 en suite family sized letting room, part of the car park has planning consent for the construction of 5 connected 2 bedroom town houses for which the footings have already been completed.
It is now being offered either for sale or alternatively to let on favourable free of tie lease terms to aspiring, energetic operators.
FREEHOLD £550,000 to include goodwill and fixtures and fittings. Stock at valuation in addition.
Or alternatively:
LEASEHOLD £15,000 plus VAT to include the trade inventory.
TERM Six years
LANDLORD & TENANT ACT 1954 Inside Part II Landlord & Tenant Act 1954
ASSIGNABILITY Fully assignable subject to Landlord's consent
BOND A bond equivalent to 3 months' rent in advance
RENT £20,000 per annum, paid monthly in advance
RENT REVIEW Subject to rent reviews every third year of the term
REPAIR LIABILITY Full repairing and insuring lease.
TIE Free of all trade ties
INSURANCE The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent
VAT VAT will be payable on the Premium and rental payments
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
Black Dog Inn, Church Street, Newent, Gloucestershire, GL18
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ledbury Station7.9 miles
About Sidney Phillips Limited, The Midlands
Shepherds Meadow, Eaton Bishop, HR2 9UA
About Sidney Phillips
Pub, hotel and restaurant specialists with a bespoke and personal service
Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.
Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.
Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehol
Notes
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