William and Judith Brown – who have run the rural Welsh gastropub for more than six years – are asking entrants to guess how many dried butter beans are inside glass whisky bottle, with each entry given a unique draw number before a random number draw conducted by an independent third party.
The pub and restaurant in Llandenny – between Raglan and Usk in Monmouthshire – is being sold in the raffle to 'give someone the chance to get involved in their dream industry'.
While the entry fee is £10 per entry, for the first 30 days of the competition the pair are giving away four extra unique draw numbers to be included in the draw for free.
The competition with run for two months from 10 May 2021 until 8 July 2021, with the total number of paid entries for the competition capped at 95,000.
“We know how hard it is to get that deposit together especially in this industry and particularly so at this time,” Judith stated.
“We are therefore entering the Raglan Arms as a prize to give someone that chance to own their own restaurant/pub with no start up debts.”
What’s more, she told The Mirror: "We want it to go to someone who will treasure it and run it like a dream."
The prize includes the business property, all fixture and fittings including stock, and a spacious four-bedroom accommodation over the business.
The Raglan Arms boasts a 2021 AA Rosette and was recently listed as one of the top 20 gastropubs in Wales in 2020 by Wales Online.
What’s more, the pub features a 32-cover restaurant, a conservatory dining area seating 18 and a lounge bar seating 14, in addition to an outside a deck area, seating 37.
As recently reported by The Morning Advertiser, Wales' first minister Mark Drakeford revealed that the country's pubs and bars will be able to open indoors from 17 May in line with their English counterparts.
Additionally, the Welsh Government recently announced a fresh tranche of financial support for pubs and suppliers, with grants of up to £25,000 available in the first round of funding from a £200m pot.