The White Horse Inn, a tenanted public house situated in the Royal Forest of Dean, has been sold through specialist business property adviser, Sidney Phillips.
The White Horse Inn occupies a prominent location on a junction at the centre of the village of Soudley, a pleasant much sought-after residential location and thriving village in the Royal Forest of Dean, Gloucestershire. The village is positioned on the eastern side of the forest approximately 2 miles from Cinderford and close to the towns of Newnham, Blakeney and Lydney. The area is popular with tourists, especially that of the outdoor enthusiasts with its many walking, bridleway and bike trails. The village has several attractions the main being the Dean Heritage Centre, Soudley Ponds and the Blaze Bailey View Point, all of which prove popular.
The White Horse Inn occupies a character cottage style property that appears to be constructed in the main of brick with part render and colour washed elevations under a pitched slate roof. The premises benefits from three bar areas (80), a skittle alley, three bedroom owners accommodation, car park and gardens, all sat within a third of an acre.
The White Horse is let on a long-term secure agreement to a long standing tenant and produces a rental income equivalent to an 8.2% yield.
The property has been sold to a known investor, and the White Horse joins a prolific estate of public houses in the region.
Sidney Phillips sold the White Horse off a freehold asking price of £210,000.
For further information about pubs for sale, investments for sale or how to buy a business, please contact Sidney Phillips on 01981 250333 or please click here.