Specialist public house agent and valuer Sidney Phillips has completed on the sale of the Kings Head, a bustling community pub and restaurant in the Essex village of Pebmarsh, to experienced first-time buyers.
The Kings Head is situated in the village of Pebmarsh, in the Braintree District of Essex approximately 6 miles south of Sudbury, set in a picturesque country location which provides ample opportunity for walking and cycling. The property is a superbly presented Grade II listed public house which is understood to date back to the 15th Century and retains many original features with a modern twist.
The Kings Head benefits from three trade areas with a combined seating capacity of 73, a barn function room, mature gardens and a spacious three bedroom owner’s accommodation.
The property was purchased by the local community following closure in 2016, who in collaboration with the outgoing lessee, invested heavily in the infrastructure and presentation of the property to create a desirable and welcoming village pub which is not only enjoyed by the locals, but also repeat dining customer from further afield and those holding events such as christenings and wakes.
Robert Cockayne, Regional Valuations Manager for the London & South East handled the sale and comments, “The Kings Head is a great village pub which has continued to thrive despite the challenges we have all had to endure over the past 2 years. The new owners are an ideal fit for this business, being experienced in the sector, notably in the kitchen. I for one am looking forward to popping in for lunch whilst on my travels!”
Sidney Phillips sold the leasehold interest of the Kings Head off an asking price of £115,000.
For further information about property for sale or how to buy a business, please contact Sidney Phillips on 01892 725900 or please take a look at our Buyer’s Guide.
(October2021)