Horseshoe Inn, Pike Hill, Shepton Mallet, Somerset BA4 5JG

£250,000

Size

3,500

Tenure

Freehold

EPC

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Parking

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Primary use
Pub

No floor / site plan

Key features

  • Rental Income: £23,400 p.a.
  • Gross Initial Yield: 9.36%
  • Comprises detached Grade II Listed stone period public house with 5 double bedrooms
  • Includes full commercial kitchen, skittle alley and large patio garden to the rear
  • VAT is NOT applicable to this property
  • Situated within 0.6 miles from the town centre

Description

Investment Consideration:
Gross Initial Yield: 9.36%
Rental Income: £23,400 p.a.
VAT is NOT applicable to this property
Comprises detached Grade II Listed stone period public house with 5 double bedrooms
Includes full commercial kitchen, skittle alley and large patio garden to the rear
Situated within 0.6 miles from the town centre, with retail occupiers including Aldi, Domino`s Pizza and McColls, amongst many more local retailers.

Property Description:
Comprises detached public house including a large main bar area with stone fireplace and log burning stone, a separate bar/servery area with service counter, a skittle alley/function room, breakfast area, and fully equipped commercial catering kitchen. Exterior includes a large patio garden to the rear. The pub also has a large owner's/letting accommodation with five double bedrooms, one which is en suite.
Ground Floor: Open plan bar & restaurant, kitchen, wc`s
First Floor: 5 double bedrooms (1 en-stuite), bathroom
Total GIA: 325 sq m (3,500 sq ft)

Tenancy:
The property is at present let to an Individual for a term of 6 Years 11 Months from 16th December 2024 at a current rent of £23,400 per annum and the lease contains full repairing and insuring covenants. Rent review on 16.12.27 and 16.12.30 open market upward only. Tenant option to determine on 16.12.27 with min 3 months notice. Deposit held of £4,000.

Location:
Shepton Mallet is a market town and civil parish in the Mendip District of Somerset, England, some 16 miles south-west of Bath, 18 miles south of Bristol and 5 miles east of Wells. The property is located within 0.6 miles from the town centre, with retail occupiers including Aldi, Domino`s Pizza and McColls, amongst many more local retailers.
Additional information
Service charge
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Business rates
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Use class
Sui Generis
Listed building
No
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An Energy Performance certificate helps you understand the current energy efficiency of a property.

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Horseshoe Inn, Pike Hill, Shepton Mallet, Somerset BA4 5JG

NEAREST STATIONS

National Rail

Castle Cary Station

6.66 miles

About BLUE ALPINE PARTNERS LIMITED, London

BLUE ALPINE PARTNERS LIMITED, London

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

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Disclaimer - Property reference horseshoeinn. 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 BLUE ALPINE PARTNERS LIMITED, London. 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.