Skip to content

Great Lyde, Cavalier Way, Yeovil, BA21 5UA

Guide Price
£475,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

Ask agent

SECTOR

Pub for sale

Key features

  • GIA of approximately 7,341 sqft (682 sqm)
  • Site area approximately 0.75 acres
  • Large car park - c.40 cars
  • Sizeable living accommodation
  • Restaurant covers 79, bar covers 68+
  • Energy Rating B
  • Christie & Co Ref: 3858302

Description

Description

The Great Lyde is a public house, originally developed by the current owner around 40 years ago from a historic farmhouse. This substantial detached property is set on a generous plot of approximately 0.75 acres, featuring a grassed beer garden with 42 covers, a spacious trade patio with seating for another 40 guests, and a large customer car park accommodating c. 40 vehicles.

Location

Located in the vibrant town of Yeovil, near Somerset’s southern border, The Great Lyde enjoys a prime position within a thriving residential community. With approximately 4,460 homes within a 1km radius and a town population exceeding 50,000, the pub benefits from a strong local customer base.

Yeovil is surrounded by picturesque countryside and offers a wide range of amenities and attractions. From shopping and theatre to the scenic Yeovil Country Park, there’s something for everyone. The Great Lyde is known for its live music events, a thriving carvery business, and regular quiz nights that bring the community together.

Internal Details

The building spans three levels basement, ground, and first floor. The ground floor offers two distinct trading areas: a restaurant (79 covers) with a bar servery and additional seating (30 covers), a sports bar complete with a skittle alley and bar servery.

Additional amenities on this level include two sets of ladies’ and gentlemen’s WCs, access WC, a large commercial kitchen, and ample storage areas.

Fixtures & Fittings

Trade fixtures and fittings will be included in the sale.

VAT

We understand VAT will be applicable on the sale price. Interested parties are advised to consult with their accountant.

External Details

To the front of the property, there is a generously sized car park providing space for approximately 36 vehicles. An additional parking area at the rear of the site offers capacity for a further 5 cars.

Directly in front of the pub, a raised patio area offers outdoor seating for around 40 guests. Adjacent to this, a lawned garden area provides seating for approx. 42, with ample room to expand the outdoor capacity if desired.

Owner's Accommodation

Accessed via the restaurant area, a staircase leads to the owner's accommodation on the first floor. The current layout comprises five generously sized bedrooms, each suitable for a double bed, along with an office, a separate WC and bathroom, and a spacious open-plan living room and kitchen.

There is potential to reconfigure this space into two self-contained flats, subject to the necessary consents.

The Opportunity

We believe there is an exciting opportunity for someone to take over an established venue with a strong local presence. The large plot could potentially allow for extensions or diversification in the future.

Trading Information

We do not hold any trading information.

Trading Hours

The current trading hours as follows:

Monday: 12:00 - 23:00
Tuesday: 12:00 - 23:00
Wednesday: 12:00 - 23:00
Thursday: 12:00 - 23:00
Friday: 12:00 - 02:00
Saturday: 12:00 - 02:00
Sunday: 12:00 - 22:00

Tenure

The property is being sold Freehold with vacant possession.

Business Rates

The current rateable value is £18,500. The owners accommodation also has a separate Council Tax assessment within Band C.

Regulatory

The property has been granted a Premises Licence in accordance with the Licensing Act 2003. The pub is permitted to trade and sell alcohol 24 hours a day, 7 days a week.

The Great Lyde was registered as an asset of community value on the 27th April 2021.

Brochures

Great Lyde, Cavalier Way, Yeovil, BA21 5UA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Yeovil Pen Mill Station0.8 miles
  • Yeovil Junction Station2.2 miles
  • Thornford Station3.3 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 3858302-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.