Property briefs
- Everards has sold seven pubs to Noble House Leisure for £10.6m. Three of the pubs in Leicestershire include the Charnwood in Bardon Hill, Mill on the Soar in Broughton Astley and the Quay in Leicester. The remaining sites are the Longshoot in Nuneaton and the White Swan in Stratford Upon Avon. Noble House is currently selling 17 of its sites through agents Christie & Co.
Wellington Pub Company site, the Stag, in Charlton All Saints, near Salisbury in Wiltshire is a character period property dating back to the 1800s. It has a good food-trade and has large grounds with scope to extend, given the necessary planning consents. Christie & Co is handling the sale where offers in excess of £45,000 are being sought for the remainder of the free-of-tie lease. Tel: 01962 844455.
Historic village pub the Old Mill House in Polperro, Cornwall is up for sale for £395,000 leasehold. The turnover of the pub is split with 18 per cent on lettings and the rest on drink and food sales. Most of its sales are wet-led but it has strong potential to develop the food side of the business. Bettesworths is handling the sale. Tel: 01803 212021
A pub situated in the middle of Plymouth University campus is up for sale through agents the Stonesmith Partnership. The Grand Duchess pub, a popular venue for students, trades predominantly as an alehouse but has the potential to develop more food. Offers are invited for a quick sale for £75,000 leasehold. Tel: 01392 201262
Award-winning rural pub the White Horse Inn at Withersfield, Suffolk has received four diamonds and a silver award from the English Tourism Council. It boasts a restaurant, bar and five ensuite guest rooms. The inn dates from the 15th century and is renowned for its local ales and wine cellar. It is up for sale for a freehold price of £675,000 through Carter Jonas. Tel: 01233 368117.
Three leased community pubs in Somerset which offer licensees the potential to develop on existing trade have been made available for sale. The Sun Inn in Whatley, Frome is a 17th century property which is a popular venue for food. The Enterprise lease is £15,025 per annum and its leasehold is £35,000. Also, an Enterprise site, the White Hart Inn at Chilton Polden is a community pub which has predominantly wet-led sales. Its rent is £18,000 per annum and the lease is £115,475. The Moat House Inn in Taunton is on a busy evening circuit in the town. Its rent is £28,000 per annum and the Punch leasehold is £39,500. Bettesworths is handling the sale. Tel: 01803 212021.
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