The Midlands office of specialist pub agents Sidney Phillips, is offering for sale a large public house close to Henley-on-Thames.
The Plowden Arms is located in the heart of the village of Shiplake being a centuries old property dating back in part to the 16th Century.
The village of Shiplake stands on the River Thames, just a mile or so outside the iconic location of Henley on Thames famed for its boat regatta and home to the great and good commanding some of Britain’s highest property values. Shiplake is located on the Oxfordshire/Berkshire border just a few miles north of the City of Reading, one of the UK’s most prosperous and expanding communities. It has good and convenient communication links via the M4 and M40 motorway are enjoyed.
It is of attractive appearance offering two quality bars/restaurants (60+), spacious four bedroom owners accommodation, gardens and car park.
Although recently closed for personal reasons, the Plowden Arms has traded at an average of £4,000 per week net of VAT, split 70% to wet sales and 30% to food sales.
Available in addition by separate negotiation is an area of property held on a separate title which has in the past been utilised as an external trading area for the pub with decked and gravelled seated section and large lawned area. This area also has vehicle access from the front of the property and it is considered that this has residential development potential, although no planning permission for change of use currently exists.
The freehold interest of the Plowden Arms is available off an asking price of £450,000. Alternatively, our client will consider entering into a tenancy agreement for this land to be rented to the future operators of the public house.
For further information about this business for sale and other pubs for sale, please contact Sidney Phillips’ on 01981 250333, by email (midlands@sidneyphillips.co.uk) or click here for more detail.