Available
Taunton – Public House with Letting Accommodation
The Farmers Arms, Slough Hill, Taunton, Somerset TA3 5RSFreehold Public House with Letting Accommodation Investment
Price
£525,000
Rent P.A.
£40,000
Yield
7.62%
Tenure
Freehold
Lease Term
6 Years 11 Months
Years Left on Lease
5y 9m
Area
7,276 SQ FT
VAT Applicable
Yes
Sector
Investment Consideration
- Comprises pub with restaurant, 5 boutique hotel rooms and 3/4 bedroom owner’s flat
- Located only 10 minutes from Taunton town centre in Central Somerset.
Key Features
Tenure
Freehold
VAT
VAT is Applicable
Property Description
Comprises ground floor public house with bar, restaurant, and large beer garden, 5 boutique hotel rooms and 3/4 bedroom owner’s accommodation above, providing the following accommodation and dimensions:
Ground Floor: Open bar, dining area (100 covers), patio, bear garden, paddock and camper van parking
First Floor: 5 boutique hotel bedrooms, 3/4 bedroom owner`s accommodation
Total area size 676 sq m (7,276 sq ft)
Ground Floor: Open bar, dining area (100 covers), patio, bear garden, paddock and camper van parking
First Floor: 5 boutique hotel bedrooms, 3/4 bedroom owner`s accommodation
Total area size 676 sq m (7,276 sq ft)
Tenancy Description
The property is at present let to an Individual for a term of 6 years 11 months from 29th January 2024 at a current rent of £40,000 p.a. Rent review on 06.10.25 and 29.01.27 open market upward only. Tenant option to determine on 29.01.27 with min 6 months notice.
Tenancies & Accommodation
Location Description
Located only 10 minutes from Taunton town centre in Central Somerset. Taunton, the county town of Somerset, is a major retail centre located 40 miles southwest of Bristol and 30 miles north-east of Exeter. The A3065 provides access to the A38 and A358 which in turn links with the M5 motorway (J25) to the east of the town. Taunton Rail Station provides services to Exeter (26 mins), Bristol (31 minutes), London Paddington (1hr 46 mins).
