Licensed property specialist, Sidney Phillips, are proud to announce the letting of The Victory in Hereford to local operators.
The Victory is an iconic pub in the area, situated on a busy arterial road into the city, a stone throw from the city centre, close to densely populated residential areas.
An iconic public house well known for its range of quality real ales and unique “Medieval War Galley” servery and décor, spread across two bar areas, mezzanine seating area and traditional skittle alley, capable of comfortably accommodating 100 customers.
The property also benefits from a trade garden with brick-built pizza oven and barbeque area.
Ceiron Griffiths, Regional Valuations Manager for Sidney Phillips handled the letting and comments, “Prior to March 2020 the business was trading on limited hours predominately for special occasions and teams, whilst the owner focused on the associated brewery, which I am glad to report will remain in operation. There is undoubted scope for the new tenants to develop the business to their own requirements and greatly increase trade with a more hands-on approach than the business has previously experienced.”
“The letting of The Victory demonstrates that despite the current pandemic situation, there is still appetite from first time buyers and experienced operators to take on public houses.”
Sidney Phillips have brokered the grant of a new free-of-tie lease to a local operator, off a leasehold asking price of £15,000.
For further information about pubs for sale, pubs to let, investments for sale or how to buy a business, please contact Sidney Phillips on 01981 250333 or please click here.