Property

Pub properties: July's done deals

By Liam Coleman contact

- Last updated on GMT

Pub properties: July's done deals

Related tags: Guy simmonds, Dry split, Inn, Public house, Leeds

Our round up of the pub property done deals from July takes in pubs as far flung as Leeds, Hampshire and Derbyshire.

Have a property to sell or want to buy? Check out our property site​.

Eperney, Leeds

20468

Tenure: Leasehold

Price: £125,000

Annual turnover: £520,000 (net sales)

Wet:dry split: 100:0

Landlord: Private

Rent: £48,000

Agent: Davey Co​ (01132 805881)

An impressive high-ceilinged Champagne bar and courtyard terrace located in Leeds city centre's Millennium Square has been acquired by a local operator. The prime site, located, in the same courtyard area as All Bar One, Revolution, Carriageworks Theatre, Red Chilli and Souvlaki, benefited from a terrace and free-of-tie lease. The site was sold by a multisite operator planning to concentrate on other interests.

Carriages, Newhaven, Derbyshire

7730(1)

Tenure: Freehold

Price: £295,000

Annual turnover: £109,568 (reduced hours)

Wet:dry split 20:80

Agent: Guy Simmonds​ (01332 865112)

This restaurant and inn of stone construction in the Peak District has been bought by the owner of the business next door. Trading areas consist of a bar area with gas lamps and a dining area set in two steam-era railway carriages. Richard Fletcher from Guy Simmonds said: This was a great opportunity for the new owner to recognise the potential of this fabulous established restaurant. It was sold to Andrew hatch who intends to refurbish the property and relaunch with a new food offer."

The Middlecroft, Gosport, Hampshire

The Middlecroft, Gosport

Tenure: Freehold

Price: £350,000

Agent: Savills​ (023 8071 3957)

Enterprise Inns have sold this south-coast pub on to Starvale Developments. The two-storey pub includes a private courtyard, several outbuildings, a trade garden and a children's play area. Adam Bullas, licensed leisure director at Savills, commented: “The Middlecroft combines a well-connected location with potential for pub, restaurant, retail and even residential use, subject to planning consent.  As such, it attracted significant interest and we are pleased with the successful result achieved on behalf of our client.”

Have a property to sell or want to buy? Check out our property site​.

Related topics: Property law

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