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COMMERCIAL

The Fountain Inn (Parkend) Ltd, Fountain Way, Parkend, Parkend, Lydney

Offers in Region of
£775,000
Hills Property Consultants, Newnham
PROPERTY TYPE

Pub

SIZE

7,201 sq ft

669 sq m

Key features

  • Available as a "going concern"
  • Established business

Description

Positioned in the heart of the lively tourist attraction that is the Forest of Dean; Hills offer a chance to acquire an award winning and thriving family run and established Hotel/pub business with freehold tenure of the historic Fountain Inn of which dates back circa late 17th century.

This fantastic opportunity includes pub with bar, dining area, commercial kitchen, eight 4 star letting bedrooms (all with en-suites), customer WC (including disabled access), self contained two bedroom flat with private garden (currently utilised as the owners residence but could be a letting suite or staff accommodation), pub garden, large car park and fully equipped staff (including chef). This opportunity is perfect for someone looking for a successful turn key business alongside a lovely home all of which is in immaculate condition.

Parkend's central position within the Forest of Dean allows direct access to all of the local towns and tourist destinations (The Dean Forest Railway, Family cycle trial). Parkend itself benefits from a Cycle centre (bike hire), village shop, Whitemead Forest park which has caravan, lodges, camping, glamping and self-catering accommodation.

A wider range of facilities are also available throughout the Forest of Dean including an abundance of woodland and river walks. The Severn crossings and M4 towards London, Bristol and Cardiff are easily reached from this area along with the cities of Gloucester and Cheltenham for access onto the M5 and the Midlands.

What the vendors say:

We came to the Fountain Inn in 1990 and have thoroughly enjoyed our time here. We're sad to be selling but, after 34 years, we now feel it's time to retire and hand over the reins to someone else. The Fountain Inn is a well organised pub with quality commercial-grade facilities and a great team of staff. New owners will benefit from being able hit the ground running, but there's also excellent potential to develop and grow the business.

Parkend is centrally located within the Forest, and a wonderful place to live. Unlike many publicans, we have our own self-contained accommodation and garden. From a personal perspective, pub-life has been extremely rewarding. Our three children have very much enjoyed growing up in the pub and have been actively involved in village institutions such as the school and the scouts. There's excellent community spirit in Parkend, and we're proud that the Fountain Inn occupies a central role in the village's community life.





Tenure: Freehold

Internal accommodation

SET OVER THREE FLOORS AND IN NO PARTICULAR ORDER:
Ground floor: Entrance hall, entrance porch, bar, dinning room 1, Dinning room 2, commercial kitchen, disabled WC, two self contained en-suite letting rooms.
At lower ground floor: five storage rooms, laundry room, workshop, office, living room, three bedrooms, bathroom, kitchen, male and female Wc's and a cellar.
At first floor: six en-suite bedrooms.

Tariff rates

The rates range from £80 for single occupancy to £115 for a family room including breakfast.

Bookings are mainly from OTA's and via Wye Valley tourist centre.

Staff

Full list of staff available.

Capacity

-Main bar (10) persons
-Bar dining area (26) persons.
-Restaurant seats (18)
-Function room/carvery room (14) persons.
-External seating for approximately (36) persons.

Trading accounts

Trading accounts are available to seriously interested parties ideally after a formal viewing has been made.

Viewings

STRICTLY BY PRIOR APPOINTMENT WITH HILLS.

Money Laundering Regulations

To comply with MLR all parties will be asked to provide valid ID prior to an offer being put forward.

Planning consent

Planning permission exists to convert part of the building (currently used for letting bedrooms) into two residential houses with garden, cellars and associated works.

Floor area

7201ft2

Brochures

Brochure

Energy Performance Certificates

EPC

The Fountain Inn (Parkend) Ltd, Fountain Way, Parkend, Parkend, Lydney

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lydney Station3.8 miles

About the agent

Hills Property Consultants, Newnham

Unit 1 Central House Dean Road Newnham Gloucestershire GL14 1AB

Hills Property Consultants, Newnham

Hills’ approach to the property industry is to think outside the box: think of what you know, and then think again.

This mindset has solidified our successful involvement in sales, ranging from multi-million-pound developments to disposals of investment properties to negotiating sales/ maintaining sales progression. Our commitment is always to our clients, and we endeavour to have their best interests at heart, ensuring we create and maintain excellent relationships with our clients. Th

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Industry affiliations

Property Redress Scheme

Notes

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