FOR SALE
612546
94576 / Rightbiz
Centre of large Somerset village
Close to coastline, M5 and Quantock Hills
Main bar and back bar (48). Skittle alley/function room
Owners accommodation
Spacious rear trade garden (60 )
Sold with vacant possession
The Globe Inn lies in the heart of the large village of Cannington which has a population of around 2,300. The village is bypassed by the A39; eastbound will lead you to the nearby town of Bridgwater and the M5 motorway, westbound will take you towards the West Somerset and North Devon coastlines and is consequently a popular tourist route that leads to Exmoor National Park.
Cannington is home to a large agricultural college which was established in 1921 and has links to Brynmore Academy. Also located in the village is a dairy owned by Yeo Valley Organic.
Bridgwater is approximately 3 miles southeast of the village and Hinkley Point C Nuclear Power Station is approximately 5 miles northwest. Hinkley Point is one of Europe’s largest construction sites and employs approximately 25,000 workers. It is expected to provide power to 6 million homes for the next 60 years.
This end terrace, two storey property is of brick construction under a pitched tile roof. The pub occupies a plot of approximately 0.21 of an acre which includes the outside trading space.
TRADE AREAS
Front entrance into PORCH leading to MAIN BAR which seats 12. This trading space has fitted carpet, ceiling and standing timbers, a polished top BAR SERVERY and a fireplace with inset stove. Beyond is a BACK BAR of similar character which seats a further 36.
LADIES’ and GENTLEMEN’S TOILETS.
FUNCTION ROOM/SKITTLE ALLEY, with fitted carpet, standing timbers and fireplace with log burning stove.
Domestic KITCHEN. On level refrigerated BEER STORE. STORE ROOM.
OWNERS ACCOMMODATION
Located at first floor and comprising: THREE BEDROOMS and family BATHROOM.
EXTERNAL
Enclosed outside TRADE SPACE in the shadow of the picturesque tower of St. Mary’s Church with seating for over 60. Beyond the trade area is a long narrow private garden. Sheltered smoking solution for around 10 customers.
The business is currently being operated by a third party and therefore no trading figures are available, although we understand that the current operation is wet sales driven. Prospective purchasers must make their own assessment as to the likely trade levels, having due regard to the location and potential of the site.
INVENTORY
The sale of the property will include trade fixtures and fittings which are in absolute ownership of the seller and in situ on completion. Any branded or leased items and any items owned by third parties will be excluded.
An inventory of fixtures and fittings will not be provided by the seller. If required, the buyer may obtain an inventory (approved by the seller) at their own cost. The seller will not be required to remove any such items that remain on the property on completion.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'SOMERSET TRADITIONAL WET LED VILLAGE PUBLIC HOUSE - 94576 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.