Freehold £275,000 - For sale by public auction on Thursday 11th April 2024
The village of Pencombe stands in the North East Herefordshire rural countryside some 3.5 miles from the market town of Bromyard which stands on the Herefordshire/Worcestershire border. It is an idyllic rural setting standing between the valleys of the Frome and the Lugg; Pencombe being a sought after desirable residential location commanding high values for its exclusive properties. Set in the very centre of the village is the centuries old Wheelwrights Arms, which is reputed to date back to 1512 but surprisingly is not listed. It is designed for ease of management with a one bar operation arranged around a central servery. Although there is a considerable amount of ground floor non trading area which is poorly used so the bar and restaurant facilities could possibly be extended further. There is good owners accommodation and ample external areas.
Entrance into OPEN PLAN BAR AREA which is arranged on split levels and organised around a ‘U’ shaped BAR SERVERY which is a fulcrum of the trading area and has panelled frontage on three sides together with mirror display back fitting. The room is part carpeted and has part quarry tiled floor, has fixed pew wall seating and loose mates and wheelback chairs currently arranged throughout for approximately 50 customers. Feature fireplace with stone surround and beamed lintel over with cast iron solid fuel burner installed.
The CATERING KITCHEN is of good size although only partially fitted to commercial standard. It has quarry tiled floor, domestic units, tiled walls and a selection of stainless steel catering effects. Adjacent there is an extremely large FREEZER ROOM as well as a DRY STORE. To the rear of the main trading area is a set of LADIES and GENTLEMEN’S TOILETS.
Good size on level BEER CELLAR with delivery access from the side of the premises.
At first floor is the private accommodation which is arranged as follows: DOMESTIC KITCHEN, LARGE LOUNGE with feature beamed walls. BEDROOM 1, double with walk-in dressing room with fitted wardrobes. BEDROOM 2 of double size. BATHROOM with suite of wash hand basin, WC and bath with shower over.
To the front of the property is a draw on FORECOURT AREA with car parking space for approximately 10 vehicles. There is also space for ‘A’ frame picnic style bench seats either side of the oak framed porch which also has fitted seating within. To the rear is a gravelled BEER GARDEN partially patioed which could cater for 40+ customers if fully furnished. This does though need landscaping. There is a sectionally stone faced constructed OUTBUILDING.
This property was acquired by our clients some sixteen years ago. Although they originally operated it themselves for the first two years it was always an investment purchase and the property over the subsequent 15 years has been let to independent tenants. Therefore no trading accounts are available and prospective purchasers will need to reach their own conclusion as to the potential trade and profitability which can be enjoyed at this outlet.
TENURE & GUIDE PRICE
FREEHOLD £275,000 to include fixtures and fittings.
Completion to take place within 28 days of the Auction, ie 9 May 2024.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
Contact us via [email protected]