FOR SALE
622471
95304 / Rightbiz
Interconnecting lounge bar/restaurant
Self-contained function room
Owner’s accommodation with potential for letting
Two tier trade garden with potential for development
Currently closed
The small market town of Newent resides within Gloucestershire, equidistant between the city of Gloucester and the Herefordshire market town of Ross on Wye. It has good road communication links being beside the B4125, four miles from exit 3 of the M50 motor way, which provides excellent links throughout the region, the Midlands and South Wales. It also enjoys easy access to the well regarded Forest of Dean, which receives numerous visitors throughout the year, especially those enjoying outdoor pursuits, in particular of mountain biking and rambling.
TRADE AREAS
The Red Lion is an attractive red brick Georgian Inn, which is reputed to date back to the early 1800s. It is a Grade II listed property that stands over the heart of the town centre, adjacent to the medieval market Hall and a number of retail and licenced outlets. The substantial property provides large ground floor trading areas with catering kitchen and excellent first floor function room. It also has the benefit of a large garden to the rear with scope for development. At first floor is a large owners accommodation which provides scope for letting rooms.
Front entrance. Access to open plan U-shaped LOUNGE BAR and RESTAURANT in three sections with the ability to seat up to 60 comfortably. Two section wood panel fronted servery. Room having stripped wood floor, feature fireplace, fixed bench and loose seating. DINING ROOM of same décor, stripped wood floor, ability to seat 15-20. Ladies and gentlemen’s TOILETS. CATERING KITCHEN of excellent size, having dumb waiter to first floor FUNCTION ROOM.
First Floor:
FUNCTION ROOM having vaulted ceilings, stripped wood floor, able to seat up to 60 comfortably. Large glazed front aspect overlooking the Town Hall. Dumb waiter from kitchen.
BASEMENT CELLAR access from behind servery.
POTENTIAL LETTING ROOMS
Located on the first floor and consisting of BEDROOM 1, a large double with EN SUITE SHOWER ROOM. BEDROOMS 2 is double, with EN SUITE SHOWER ROOM. BEDROOM 3 is a double. BATHROOM/SHOWER ROOM which could be used for bedroom 3.
OWNERS FLAT
MANAGERS FLAT having open plan KITCHEN into LOUNGE. Large DOUBLE BEDROOM with EN SUITE BATHROOM.
EXTERNAL
To the rear of the property is a larger tiered GARDEN having slab floor covering, with hard standing. A run of brick constructed OUTBUILDINGS which have got pre-up planning in. To the rear garden.
PLANNING
The current owner has briefly explored the option of developing the property further to add four letting rooms and six pods to the rear garden. They have sought pre-planning advice which has returned in support of developing the outbuildings and public house for further letting accommodation but they were not as keen on the pods to the back garden. The agents have copies of the correspondence with the local planning authority and plans and they are available to seriously interested parties.
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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