FOREST OF DEAN – ESTABLISHED COMMUNITY FREE OF TIE PUB

Drybrook, Gloucestershire

Ref: 95211

Leasehold £17,500

Key Features

  • Well established business
  • Village pub at the heart of the community
  • Excellent trade gardens
  • Large private accommodation
  • Free of tie lease
  • Trade figures available upon request following formal viewing
  • Location

    The village of Drybrook is situated at the heart of the Forest of Dean, astride the A4136< close to Cinderford and Ross-on-Wye. The Forest is well regarded as a busy tourist destination for outdoor sports enthusiasts, especially those who enjoy mountain biking or walking. The Heart of Oak occupies a prime location at the centre of the village.

    The Heart of Oak is a detached property of stone and brick construction, with rendered and colourwashed elevations and a pitched slate roof. It offers an easy to operate trading area with large four bedroom accommodation above. One of the best assets of the property is the extensive trade gardens. It also has the benefit of a large car park.

    Property

    TRADE AREAS
    LOUNGE BAR seating 40, being arranged around a central, two section, wood panel fronted bar counter. Darts oche. Part wood panelled walls and carpeted floors. Two feature fireplaces. Ladies’ and Gentlemen’s TOILETS. CATERING KITCHEN with nonslip floor and a good selection of commercial catering effects and equipment. On level CELLAR with spirit cupboard. GARAGE. STORAGE.


    OWNERS ACCOMMODATION
    Large open-plan KITCHEN, four DOUBLE BEDROOMS, large LOUNGE, BATHROOM and a landing OFFICE.


    EXTERNAL
    The key feature of this pub is the trade GARDENS. To the front of the property is a wall-enclosed lawned GARDEN with children’s PLAY AREA and seating for 30. Immediately to the building’s front is bench seating for 60, with a COVERED SECTION. To the side is a stepped, lawned GARDEN with further seating.

    CAR PARK with lined spaces for 12.

    Large PRIVATE GARDEN to the side and rear.

    The Business

    The business trades as a traditional community pub to the village and surrounding area. It supports a large number of community events, a local football team and has a quiz once a week. It is also extremely well regarded for its real ales and won the Forest of Dean CAMRA Pub of the Year Award 2024.

    The business trades between the hours of:
    Monday – Thursday: 13:00 – 23:00
    Friday and Saturday: 12:00 – 00:00
    Sunday: 12:00 – 20:00

    It offers a pizza and pub food menu, with the trade split approximately 75% wet sales, 25% food sales. The trading figures show a trend of increasing year on year and are available to view upon request following a formal viewing.

    Tenure

    LEASEHOLD £17,500 to include goodwill and fixtures and fittings. Stock at valuation in addition. 

    The Hearts of Oak is held on a part repairing and insuring lease agreement from a private individual, for a term of six years commencing 9th December 2021. The lease falls within the security provisions of the Landlord & Tenant Act 1954 and is fully assignable. Rent currently £26,000 per annum, paid monthly in advance. An incoming party will be required to provide a rental deposit to the Landlord of £4,500 in advance. The lease is free of all trade ties.

    No direct approach to be made to the business; please direct all communications through Sidney Phillips.

    Viewing strictly by appointment only.

    Licence

    A full Premises Licence is held.

    Services

    All mains services are connected.

    Enquire about this listing

    Ceiron Griffiths
    Midlands

    Ref: 95211