Pub properties: done deals

This month's property done deals includes pubs in London, Leicestershire and North Yorkshire.

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The Wheatsheaf Inn, Woodhouse Eaves, Leicestershire

Wheatsheaf-Inn.jpg

Tenure: Leashold

Price: £185,000

Annual turnover: £724,150

Wet:dry split: 40:60

Landlord: Private

Rent: £37,500 (p/a)

Agent: Davey Co

The Wheatsheaf Inn is situated near to the market towns of Melton Mowbray & Oakham in the heart of the highly regarded village of Woodhouse Eaves. The inn and restaurant, sold for a guide price of £185,000, caters for approximately 80 covers internally and includes courtyard trading areas. The property also includes two en-suite bedrooms available for let in a self-contained holiday cottage.

The White Swan, Ampleforth, North Yorkshire

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Tenure: Private free-of-tie lease (7 years remaining)

Asking price: £99,950

Annual turnover: Circa £950,000 (incl. VAT)

Wet:dry split: 40:60

Landlord: Private

Rent: £85,000 p/a

Agent: Guy Simmonds

The White Swan, a traditional stone built village inn on the edge of the North Yorkshire Moors has been sold. Jim Davison of Guy Simmonds said: “The White Swan has been in the same hands for the past 13 years and has established an excellent reputation for its traditional ales and fine food. There was considerable interest from prospective purchasers who saw the combination of a high turnover and a professionally run business. The lease was eventually bought back by its owner, the Studford Lodge Group, who have added it to their portfolio of local inns and their luxury Lodge business.”

The Henry Reader, Crouch End, London

Henry-Reader.jpg

Tenure: Leasehold

Price: £90,000

Annual turnover: £172,247

Wet:dry split: 100:0

Landlord: Private

Rent: £32,400

Agent: Christie & Co

North London wet-only pub, the Henry Reader, has been sold on a leasehold basis. The pub is named after the local councillor, who is also immortalised on the nearby clock tower, and is something of an icon in this corner of London. The pub itself has a small front on a busy shopping street; inside it is a single room shop conversion that currently specialises in its sport offer.

Have a property to sell or want to buy? Check out our property site.