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SOMERSET - TRADITIONAL WET LED VILLAGE PUBLIC HOUSE
Church Street, Cannington, Bridgwater, Somerset, TA5 2HA
Ref: 48687
Asking Price
£225,000
Freehold
Key Features
Location
The Globe Inn lies in the heart of the large village of Cannington which has a population of around 2,300. The village is bypassed by the A39; eastbound will lead you to the nearby town of Bridgwater and the M5 motorway, westbound will take you towards the West Somerset and North Devon coastlines and is consequently a popular tourist route that leads to Exmoor National Park.
Cannington is home to a large agricultural college which was established in 1921 and has links to Brynmore Academy. Also located in the village is a dairy owned by Yeo Valley Organic.
Bridgwater is approximately 3 miles southeast of the village and Hinkley Point C Nuclear Power Station is approximately 5 miles northwest. Hinkley Point is one of Europe’s largest construction sites and employs approximately 25,000 workers. It is expected to provide power to 6 million homes for the next 60 years.
This end terrace, two storey property is of brick construction under a pitched tile roof. The pub occupies a plot of approximately 0.21 of an acre which includes the outside trading space.
Cannington is home to a large agricultural college which was established in 1921 and has links to Brynmore Academy. Also located in the village is a dairy owned by Yeo Valley Organic.
Bridgwater is approximately 3 miles southeast of the village and Hinkley Point C Nuclear Power Station is approximately 5 miles northwest. Hinkley Point is one of Europe’s largest construction sites and employs approximately 25,000 workers. It is expected to provide power to 6 million homes for the next 60 years.
This end terrace, two storey property is of brick construction under a pitched tile roof. The pub occupies a plot of approximately 0.21 of an acre which includes the outside trading space.
Property
TRADE AREAS
Front entrance into PORCH leading to MAIN BAR which seats 12. This trading space has fitted carpet, ceiling and standing timbers, a polished top BAR SERVERY and a fireplace with inset stove. Beyond is a BACK BAR of similar character which seats a further 36.
LADIES’ and GENTLEMEN’S TOILETS.
FUNCTION ROOM/SKITTLE ALLEY, with fitted carpet, standing timbers and fireplace with log burning stove.
Domestic KITCHEN. On level refrigerated BEER STORE. STORE ROOM.
OWNERS ACCOMMODATION
Located at first floor and comprising: THREE BEDROOMS and family BATHROOM.
EXTERNAL
Enclosed outside TRADE SPACE in the shadow of the picturesque tower of St. Mary’s Church with seating for over 60. Beyond the trade area is a long narrow private garden. Sheltered smoking solution for around 10 customers.
Front entrance into PORCH leading to MAIN BAR which seats 12. This trading space has fitted carpet, ceiling and standing timbers, a polished top BAR SERVERY and a fireplace with inset stove. Beyond is a BACK BAR of similar character which seats a further 36.
LADIES’ and GENTLEMEN’S TOILETS.
FUNCTION ROOM/SKITTLE ALLEY, with fitted carpet, standing timbers and fireplace with log burning stove.
Domestic KITCHEN. On level refrigerated BEER STORE. STORE ROOM.
OWNERS ACCOMMODATION
Located at first floor and comprising: THREE BEDROOMS and family BATHROOM.
EXTERNAL
Enclosed outside TRADE SPACE in the shadow of the picturesque tower of St. Mary’s Church with seating for over 60. Beyond the trade area is a long narrow private garden. Sheltered smoking solution for around 10 customers.
The Business
The business is currently being operated by a third party and therefore no trading figures are available, although we understand that the current operation is wet sales driven. Prospective purchasers must make their own assessment as to the likely trade levels, having due regard to the location and potential of the site.
INVENTORY
The sale of the property will include trade fixtures and fittings which are in absolute ownership of the seller and in situ on completion. Any branded or leased items and any items owned by third parties will be excluded.
An inventory of fixtures and fittings will not be provided by the seller. If required, the buyer may obtain an inventory (approved by the seller) at their own cost. The seller will not be required to remove any such items that remain on the property on completion.
INVENTORY
The sale of the property will include trade fixtures and fittings which are in absolute ownership of the seller and in situ on completion. Any branded or leased items and any items owned by third parties will be excluded.
An inventory of fixtures and fittings will not be provided by the seller. If required, the buyer may obtain an inventory (approved by the seller) at their own cost. The seller will not be required to remove any such items that remain on the property on completion.
Tenure
FREEHOLD £225,000 sold as seen and with vacant possession. The relevant notices will be served on the current occupying tenant.
The property is elected for VAT. VAT will be levied on the sale price of the freehold at the standard rate on 90% of the purchase price. Purchasers may wish to satisfy themselves with independent professional advice that this VAT may be reclaimed.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
The property is elected for VAT. VAT will be levied on the sale price of the freehold at the standard rate on 90% of the purchase price. Purchasers may wish to satisfy themselves with independent professional advice that this VAT may be reclaimed.
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.
Local Authority: Somerset Council
Rateable Value as at 01 April 2023: £4,100
Local Authority: Somerset Council
Rateable Value as at 01 April 2023: £4,100