Renovated Somerset Free House in Tourist Village with Restaurant Potential
Cheddar, Somerset
- Status
FOR SALE
- Advert ID
625877
- Reference
94200 / Rightbiz
- Call Agent:
- Freehold: £699,000
- Turnover: On request
- Profit: On request
Key Features
- Prime Location
- Trade Gardens Available
- Attractive Business
- Fully Fitted
Business Details
SOMERSET – REFURBISHED AND ESTABLISHED FREE HOUSE IN TOURIST VILLAGE
Only Freehouse Public House and Restaurant in Cheddar
Detached property, recently renovated
Main bar (24), Games rooms (40 )
Three/four bedroom accommodation
External trade areas (106), Car park (30)
Prior to closure of kitchen, annual net turnover of around £625,000
Wet sales only from August 2023
The Gardeners Arms sits in a residential setting in the large village of Cheddar, a sought-after location in an elevated position on the southern edge of the Mendip Hills. This is an Area of Outstanding Natural Beauty, famed for the limestone cliffs and caves of Cheddar Gorge, one of Britain’s most impressive landmarks. The nearby Cheddar Reservoir is a fantastic place to spot wildlife and is enjoyed by many outdoor enthusiasts. The village is also well-known for its world-renowned Cheddar cheese.
The village has a population of some 5,800 and is located on the A371 between Wells and Weston-Super-Mare. It is approximately 10 miles east of the M5 motorway, 17 miles south of Bristol and 11 miles east of Weston-Super-Mare. The village is expanding with extra housing undergoing construction.
The Gardeners Arms occupies a two-storey public house with rendered elevations under a pitched tile roof. This detached property underwent a significant renovation programme in 2020 and has been replumbed, rewired, replastered and has a fully integrated CCTV system and fire alarm.
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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.
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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.
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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.
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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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