FOR SALE
618482
2139 / Rightbiz
Town centre public house
Contemporary, open plan trading area (60 )
Independent, three bedroom owners accommodation (currently let as an Airbnb)
Scope for lunchtime restaurant/café style operation
The famous market town of Brecon (population 7,900) is synonymous with the National Park in the mountain range that bears its name. It is one of the UK’s most iconic outward bound holiday locations and with the exposure of the same over the last thirty years the economy of this town and surrounding community have changed immeasurably.
The Rorkes Drift (formerly The Wheatsheaf) is one of the town’s most central properties being a Georgian, Grade II listed building and dating back to the 17th Century.
The town is also the home of Dering Lines: home of the British Army Infantry Battle School, and the 160th Welsh Brigade. The Royal Welsh Regiment Museum is also located there and this facility attracts many visitors and houses a total of 18 Victoria Cross Medals, including some awarded at the famous South African Battle of Rorkes Drift during the Anglo Zulu War, from which the pub took its name. The event was immortalised in the 1964 film ‘Zulu’, directed by Cy Endfield.
Our clients acquired the business in 2010, prior to which it had been owned by a Pub Company. A major refurbishment programme was undertaken in 2014, and until 2020 and the Covid-19 pandemic the property was let to an independent tenant. Subsequently, it has been operated by our clients, although this has been on a wet sales only basis—they do not provide any food sales.
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
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