The Red Lion, a charming 15th Century free house in the Somerset village of West Pennard has been let on a new free-of-tie lease by specialist pub agents Sidney Phillips.
The prominent free house hotel stands beside the A361 two miles north east of the historic Somerset cultural town of Glastonbury, close to the world-famous Worthy Farm. Other nearby attractions include the cities of Bath and Bristol, as well as Wells, England’s smallest city.
The property benefits from character flagstone bars and dining rooms providing seating for 70, a traditional skittle alley, trade patio, large car park, nine en suite letting bedrooms and a three bedroom owners accommodation.
Richard Jones, Regional Valuations Manager for the South West region handled the letting and commented, “The letting of the Red Lion in West Pennard is the second let in under a week performed by Sidney Phillips in the Glastonbury area. Despite wider economic concerns, it is clear that free-of-tie leases are very much still in favour.”
Sidney Phillips have let the premises to a new local operator who plans to fully utilise the letting bedrooms for visitors to the nearby tourist attractions, and to re-establish the Red Lion as a destination venue, appealing to customers residing in the surrounding towns and villages.
Sidney Phillips let the Red Lion off a leasehold asking price of £30,000.
For further information about pubs for sale, pubs to let, investments for sale or how to buy a business, please contact Sidney Phillips on 01460 259100 or please click here.