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Globe Inn, Church Street, Cannington, Bridgwater, Somerset, TA5 2HA

£250,000

Business rates & charges may apply

Sidney Phillips Limited, South West
SIZE

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SECTOR

Pub for sale

USE CLASSUse class orders: A4 Drinking Establishments and Sui Generis

A4, sui_generis_3

Key features

  • Centre of large Somerset village
  • Close to coastline, M5 and Quantock Hills
  • Main bar and back bar (48). Skittle alley/function room
  • Owners accommodation
  • Spacious rear trade garden (60+)
  • Sold with vacant possession

Description

The Globe Inn lies in the heart of the large village of Cannington which has a population of around 2,300. The village is bypassed by the A39; eastbound will lead you to the nearby town of Bridgwater and the M5 motorway, westbound will take you towards the West Somerset and North Devon coastlines and is consequently a popular tourist route that leads to Exmoor National Park.

Cannington is home to a large agricultural college which was established in 1921 and has links to Brynmore Academy. Also located in the village is a dairy owned by Yeo Valley Organic.

Bridgwater is approximately 3 miles southeast of the village and Hinkley Point C Nuclear Power Station is approximately 5 miles northwest. Hinkley Point is one of Europe's largest construction sites and employs approximately 25,000 workers. It is expected to provide power to 6 million homes for the next 60 years.

This end terrace, two storey property is of brick construction under a pitched tile roof. The pub occupies a plot of approximately 0.21 of an acre which includes the outside trading space.

TRADE AREAS
Front entrance into PORCH leading to MAIN BAR which seats 12. This trading space has fitted carpet, ceiling and standing timbers, a polished top BAR SERVERY and a fireplace with inset stove. Beyond is a BACK BAR of similar character which seats a further 36.

LADIES' and GENTLEMEN'S TOILETS.

FUNCTION ROOM/SKITTLE ALLEY, with fitted carpet, standing timbers and fireplace with log burning stove.

Domestic KITCHEN. On level refrigerated BEER STORE. STORE ROOM.

OWNERS ACCOMMODATION
Located at first floor and comprising: THREE BEDROOMS and family BATHROOM.

EXTERNAL
Enclosed outside TRADE SPACE in the shadow of the picturesque tower of St. Mary's Church with seating for over 60. Beyond the trade area is a long narrow private garden. Sheltered smoking solution for around 10 customers.

The business is currently being operated by a third party and therefore no trading figures are available, although we understand that the current operation is wet sales driven. Prospective purchasers must make their own assessment as to the likely trade levels, having due regard to the location and potential of the site.

INVENTORY
The sale of the property will include trade fixtures and fittings which are in absolute ownership of the seller and in situ on completion. Any branded or leased items and any items owned by third parties will be excluded.

An inventory of fixtures and fittings will not be provided by the seller. If required, the buyer may obtain an inventory (approved by the seller) at their own cost. The seller will not be required to remove any such items that remain on the property on completion.

FREEHOLD £250,000 sold as seen and with vacant possession. The relevant notices will be served on the current occupying tenant.  

The property is elected for VAT. VAT will be levied on the sale price of the freehold at the standard rate on 90% of the purchase price. Purchasers may wish to satisfy themselves with independent professional advice that this VAT may be reclaimed.

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

Viewing strictly by appointment only.

Globe Inn, Church Street, Cannington, Bridgwater, Somerset, TA5 2HA

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bridgwater Station3.5 miles
  • Highbridge & Burnham Station6.1 miles

About Sidney Phillips Limited, South West

Shepherds Meadow, Eaton Bishop, HR2 9UA

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehold and freehold assets.

Our specialisms include the sale of 'going concern' businesses as Business Transfer Agents with years of specialist sector knowledge.

A trusted and established name

Established in 1898, Sidney Phillips boasts a network of nine regional offices, providing unrivalled local knowledge with national coverage.

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

We pride ourselves on our professional approach and discretion, acting for a wide range of clients including pub companies, regional brewers, private investors, developers and individual freeholders, leaseholders and tenants.

Notes

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