Property

Pub properties: done deals

By PMA

- Last updated on GMT

Pub properties: done deals

Related tags: Dry split, Public house, Property

This week's property done deals includes pubs in Warwickshire, Lincolnshire and the West Midlands.

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White House, Coseley, West Midlands

The-white-house

Price: £180,000
Tenure: Freehold
Turnover: £58,000
Wet:dry split: 100:0
Agent: Sidney Phillips

The pub was sold to Mr P Kemp after being in the same hands for 25 years, with some of the property being used for alternative use. The accommodation consists of a public bar, lounge bar, utility room, catering kitchen and three-bedroom owner’s accommodation.

Outside there is a car park for four vehicles, private garden and workshop.

The Antelope, Lighthorne, Warwickshire

The-Antelope

Price: £79,950
Tenure: Leasehold
Turnover: £500,000 (inc VAT)
Wet:dry split: 50:50
Rent: £24,000
Landlord: Enterprise Inns
Agent: Guy Simmonds

This village inn was bought by Tom and Erica Lilley. It has a lounge bar/dining area (about 30 covers), restaurant (40c), snug (12c), patio terrace and rear gardens.

There is also a catering kitchen, three-bedroom accommodation and a car park.

The Black Horse, Wragby, Lincolnshire

The-Black-Horse

Price: £89,995
Tenure: Leasehold
Turnover: £355,308
Rent: £20,000
Landlord: Punch Taverns
Wet:dry split: 50:50
Agent: Davey Co 

The pub-restaurant located in North Lincolnshire has been sold to an experienced publican.

It has two lounge bars and a dining room that can easily accommodate 90 covers and a well-maintained beer garden.

The previous owners of the business have left to concentrate on other business interests outside the licensed sector.

Related topics: Property law

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