The Wessex office of specialist licenced property agents Sidney Phillips is offering a well-appointed town centre freehouse in Frome for lease.
The Cornerhouse is well positioned at one of the main crossroads on the edge of the town centre of the thriving market town of Frome. The town is noted for its contemporary performing arts scene and is popular throughout the year with many nearby attractions, such as Centre Parcs, Longleat Estate & Safari, Stourhead Gardens and the Cathedral city of Bath. This property is well known for its drinking trade and popular letting rooms. The main bar and restaurant are presented to a high standard, features a long bar servery and seats over 60. The property has a fully fitted catering kitchen which is currently not being utilised, presenting scope for a new leaseholder. To the rear is a stylish self-contained managers flat, which benefits from separate external access. The premises also has its own car park which can accommodate 14 vehicles and a separate garage.
The upper floors comprise mainly of the letting bedrooms, to which there are 11, all of en-suite and well maintained with modern décor. There is also a large room, currently not in use and mainly for storage, but could used as a private function/dining room, or alternatively subject to planning, may suit an additional two letting bedrooms.
Joseph James, of Sidney Phillips, who is handling the sale, commented: “The Cornerhouse offers a great opportunity for an experienced or first-time buyer to expand on this successful business with the re-introduction of a potential food offering. The business is already well established for its wet trade and popular letting rooms, an additional food offering could increase trade and profit margins.".
The leasehold interest of The Cornerhouse is being marketed off an asking price of £80,000.
For further information about this business for sale, please contact Sidney Phillips’ Wessex office on 01460 259 100 or email wessex@sidneyphillips.co.uk .
(26th July 2024)