17th Century Historic Gastro Pub in Herefordshire with B&B Potential
Hereford, Herefordshire
- Status
FOR SALE
- Date Submitted:
02/05/24
- Advert ID
610779
- Reference
91165 / Rightbiz
- Call Agent:
- Leasehold: £45,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Open Plan Trading Area
- Prime Location
- Attractive Business
- Free of Tie Leasehold
- Trade Gardens Available
- With Car Park
- Unique Business
- Offers Invited
Business Details
HEREFORDSHIRE "BLACK & WHITE" HISTORIC 17TH CENTURY GASTRO PUB
Three-section bar and restaurant (75 )
Two bedroom owners accommodation
Superb adjoining three bedroom cottage
Gardens and car parking (set in over one acre)
New favourable free of tie private lease
The village of Sellack sits in the heart of the Wye Valley in part of Herefordshire’s most attractive and sought after rural countryside. It is located just off the main A49 trunk route just a few miles from where it meets the A40 at Ross on Wye.
The Loughpool is a Grade II listed ‘black and white’ 17th Century pub and restaurant with a well established reputation for fine cuisine, after ten years in the same owners hands. It is exceptionally well presented requiring no further investment; it has character trading areas and outstanding service facilities. A considerable part of its appeal are the two sets of accommodation. Over the pub is a spacious two bedroom owners suite and then, attached to the building, is an exceptional three bedroom family home with outstanding ground floor living space leading onto a large private patio.
Our clients over recent years have operated relatively limited trading hours being only open for seven sessions and not opening at all over the weekend. Prospective purchasers will see the undoubted scope to re-establish a more normal trading week and bar custom, as well as possibly utilising the separate owners home for letting/Airbnb purposes.
It is a truly exceptional pub and restaurant to be let on favourable lease terms from a private landlord, and a property of which an early inspection is recommended.
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Listing Statistics
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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