Grade II Listed Village Inn with Seven Ensuite Rooms and Owner's Flat for Sale in Herefordshire
Hereford, Herefordshire
- Status
FOR SALE
- Date Submitted:
08/02/24
- Advert ID
606466
- Reference
1676 / Rightbiz
- Call Agent:
- Leasehold: £30,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Close to Local Amenities
- Trade Gardens Available
- Prime Location
- Central Position in Affluent Village
- With Car Park
- Fully Fitted
Business Details
HEREFORDSHIRE – LONG ESTABLISTED VILLAGE INN
Herefordshire - in the lea of the Black Mountains
Long established highly successful Grade II listed village inn
Bar, restaurant/meeting room and games room
Seven en suite letting bedrooms, owners flat
Net takings circa £231,000 per annum
Sound commercial venture, favourable free of tie lease
This is an attractive stone built village freehouse occupying a prominent location right in the centre of the popular residential and tourist village of Longtown. The village is located in the lea of the Black Mountains on the edge of the Brecon Beacons National Park. It is some 4 miles north of the A465 and found by turning off at Pandy and proceeding up the Longtown Valley for some four miles. The village is some 11 miles from Abergavenny and 18 Hereford.
These premises, which have been in the same family ownership for over seventeen years, enjoy a long established business with an excellent reputation. The Crown is a well diversified business offering bars, small functions, catering and seven very well appointed en suite letting bedrooms, one of which is presently utilised as an office. It is the focal point of a wide area and enjoys a great deal of repeat custom, plus an element of chance trade and significant letting income.
The village has a post office, general stores and primary school plus the noted Longtown Castle which is now in ruins but attracts many visitors to the immediate area. There are also several galleries in the immediate facilities with local artists work on display in the Crown. This is an ideal base for visitors touring the area or those walking the many local trails on the Black Mountain, Cat’s Back and the Offa’s Dyke walk.
The original property, which is Grade II listed, was constructed of stone with colour washed elevations under a pitched slate roof. There is a more recent extension which has a rendered finish with colour washed elevations under slate roofs. There are solar panels to the roof over the games room. The accommodation is presented in very good order and no further investment would be required for many years.
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Listing Statistics
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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