Available
Pensford – Public House
The George & Dragon, Pensford, Bristol BS39 4BHFreehold Public House Investment
Price
£400,000
Rent P.A.
£28,600
Yield
7.15%
Tenure
Freehold
Lease Term
6 Years 11 Months
Years Left on Lease
1y 6m
Area
3,950 SQ FT
VAT Applicable
Yes
Sector
Investment Consideration
- Comprises a substantial character public house with four-bedroom owner’s accommodation
- The property benefits from large beer garden and range of outbuildings at rear
- Situated in predominantly residential area with occupiers nearby including café and post office.
Key Features
Tenure
Freehold
VAT
VAT is Applicable
Property Description
Comprises substantial character public house with 4-bed owner’s accommodation and range of outbuildings. The property benefits from large beer garden and provides the following accommodation and dimensions:
Ground Floor: Open plan bar & restaurant, kitchen, wc`s
First Floor: Kitchen/living room, double bedroom, 2 rooms
Second Floor: 3 bedrooms, bathroom
Total GIA: 367 sq m (3,950 sq ft)
Ground Floor: Open plan bar & restaurant, kitchen, wc`s
First Floor: Kitchen/living room, double bedroom, 2 rooms
Second Floor: 3 bedrooms, bathroom
Total GIA: 367 sq m (3,950 sq ft)
Tenancy Description
The property is at present let to an Individual for a term of 6 Years 11 Months from 1st November 2019 at a current rent of £28,600 p.a. and the lease contains full repairing and insuring covenants. Rent review on 01.11.24 outstanding. Deposit held of £4,333.33
Tenancies & Accommodation
Location Description
The property is located in the heart of this sought after village which, among other things, is famous for its magnificent viaduct which can be seen in the middle distance from the front elevation. While postally in the Bristol area, The George & Dragon falls in the district of Bath and north east Somerset and sits virtually equidistant at seven miles or so from both cities. Pensford is the largest village in Publow in Somerset, England. It lies in the Chew Valley, approximately 7 miles (11 km) south of Bristol and 8 miles (13 km) west of Bath. It is on the A37 road from Bristol to Shepton Mallet.
