Pub properties: done deals and on the market November 2017

29-Nov-2017 - Last updated on 29-Nov-2017 at 09:41 GMT

For sale: Check out November 2017's done deals and on the market

November's property done deals include pubs in Rutland and Hampshire. Pubs on the market are in East Yorkshire and Northamptonshire.

ON THE MARKET ELSEWHERE

The Kings Arms

Polebrook, Northamptonshire

Price: £85,000

Tenure: free-of-tie lease

Annual turnover: c£480,000
(inc VAT, to August 2017)

Wet:dry split: 50:50

Rent: £40,000

Landlord: private

Agent: Guy Simmonds

This attractive stone-built, recently re-thatched pub has an open-plan lounge/bar area (circa 50 covers), conservatory/dining area (c30+) and a commercial catering kitchen with stainless steel appliances and surfaces and a walk-in fridge. The owner’s accommodation has three double bedrooms, one en-suite.

The Wolds Inn

Huggate, East Yorkshire

Price: £525,000 (guide price)

Tenure: freehold

Annual turnover: £300,000

Wet: dry split: 35:65

Landlord: n/a

Agent: Davey Co

This profitable business has a lounge bar and separate dining area for circa 90 covers. Planning permission has been granted for two, two-bedroomed log cabins to add to the existing six en-suite letting bedrooms. This is a retirement sale as the business has been owned and operated by the same licensees for the past 24 years.

DONE DEALS

The White Horse

Empingham, Rutland

Price: £199,950

Tenure: leasehold

Annual turnover: £840,000
(inc VAT)

Wet:dry:accommodation split: 31:57:12

Rent: £70,000

Landlord: Enterprise Inns

Agent: Guy Simmonds

This popular 17th-century former courthouse has a bar (circa 24 covers), conference room (c20c), and a fully equipped commercial catering kitchen. The main dining areas consist of a lounge (35c), dining room (36c) and separate Tartan Room (14c).

The French Horn

Alton, Hampshire

Price: £35,000

Tenure: leasehold

Annual turnover: £375,000
(net sales)

Wet:dry split: 40:60

Rent: £50,000

Landlord: Punch

Agent: Davey Co

This village pub is located on the edge of the South Downs National Park. It has a lounge bar, separate dining room (80 covers) and a function room. There are extensive gardens to the front, and a further trading area to the rear with patio and customer car parking.