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Historic village inn for sale or to let in Hereford

Weobley, Hereford, Herefordshire, HR4 8SJ | Ref: 93868
For sale
£450,000
To rent
£24,000 p.a.
sidney-phillips
This property is marketed by:
Sidney Phillips

Key Features

  • Renowned tourist location
  • 4 section lounge & restaurant (70)
  • Separate public bar and conservatory
  • 3 ensuite letting bedrooms
  • Owners accommodation
  • Gardens & car parking
  • T/o £300,000 p.a net of VAT

Location

The village of Weobley requires little introduction being one of the UK’s most visited tourist destinations. It is on the renowned Black & White village trail in North Herefordshire. It has the most attractive bucolic village square lined with timbered properties and one holding the most prominent locations is the subject property the Old Salutation Inn. 

The pub is one of the UK’s most notable Inn’s being Grade II listed and dating back to the 17th century. It offers characterful trading areas, letting accommodation, owners suite as well as a very established level of trade it is briefly described as follows: - 

Property

TRADE AREAS 

LOUNGE BAR & RESTAURANT are four interconnecting sections arranged on split levels partially separated by open beamed screens. The bar servery is located at the upper level, has ’C’ shaped tongue and grooved panelled frontage counter and stands adjacent to a feature inglenook fireplace. At this level there is seating for approximately 10 customers but standing space for more. At the lower section of the lounge area, which is similarly presented, there is seating for a further 14. The restaurant is in two sections either side of a chimney breast which houses an open fire with log burner installed. There are regency dining chairs and tables throughout these two rooms for further 44 diners. Throughout this four section trading area is a wealth of period charm and character with exposed stone and beamed walls as well as heavily beamed ceiling. Off the restaurant is access into a CONSERVATORY/BREAKFAST ROOM which has seating for a further 6.

PUBLIC BAR is accessed from the inner hallway or its separate entrance. Has stunning parquet floor, feature corner fireplace, antique brick exposed chimney breast and solid fuel burner installed. Counter from the central bar servery and the room has heavily beamed ceiling and seating for 20 customers. LADIES AND GENTLEMENS TOILETS off inner hallway. 

Large CATERING KITCHEN with alto non-slip floor and is comprehensively equipped has WALK-IN COLD & FREEZER ROOMS. DRY STORE/WINE STORE and on level BEER CELLAR. 

OWNERS ACCOMMODATION 

Two interconnecting rooms a large LOUNGE with small OFFICE off. Double sized BEDROOM with ENSUITE shower room.  suite with wash hand basin, WC, and bath with shower over. 

LETTING ACCOMMODATION 

FIRST FLOOR

BEDROOM ONE – Twin sized. ENSUITE shower room.

BEDROOM TWO – Large double with seated LOUNGE area. Ensuite BATHROOM of wash hand basin, WC and bath and shower. 

BEDROOM THREE – A suite arranged in two rooms, one of which is currently laid out as a lounge/dining area. The second is a double sized bedroom with ENSUITE bathroom suite with wash hand basin, WC, and bath with shower over. #

EXTERNAL 

To the rear is a feature enclosed stone paved PATIO area with separate decked area. This is currently seating 24 customers and is made more intimate by glass screens and large umbrellas providing cover from the brilliant sunshine or rain. This area is conveniently located adjacent to the rear entrance providing easy access to the trading areas. Gravelled CAR PARK with space for 10 vehicles.

Tenure

FREEHOLD £450,000 to include goodwill and fixtures and fittings. Stock at valuation in addition.

Or alternatively:

ESTIMATED INGOINGS - £25,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.

TERM - 6 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 month’s rent in advance.

RENT - £24,000 per annum + VAT, paid monthly in advance.

RENT REVIEW - Subject to rent reviews every third year of the term.

REPAIR LIABILITY - Full repairing and insuring lease agreement.

FIXTURES & FITTINGS - Will be retained by the Landlord. The Tenant will be responsible for their repair, maintenance and replacement (when beyond repair). 

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 not be payable on the Premium as this is a transfer of going concern, but will be payable on future rental payments.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.