Fri, 06 Oct 2023 | COMMERCIAL PROPERTY
A 300-year-old public house in the Bromyard Downs in Herefordshire is set to be brought to market in an auction later this month. The Royal Oak, which has been closed since 2020, is due to be brought to market in a livestreamed auction by Bond Wolfe on October 26.
The freehold pub, located in Norton approximately a mile north-east of the popular market town of Bromyard, will be put up for auction with a guide price of £275,000-plus. According to Bond Wolfe, there is significant opportunity for the eventual buyer to further develop the business.
The pub is situated on a 2.7-acre plot, which also features a small, one up, one down cottage adjacent to the pub, providing further development potential, as well as a car park. The main pub building itself consists of a main entrance leading to a self-contained function room, lounge and dining area and open bar, all located on the ground floor.
The pub, which served a wide array of food and drinks prior to its closure, features a full kitchen and has a large beer garden, providing access to further grounds. There is also manager’s accommodation above the pub, comprising three bedrooms, a living room, bathroom and kitchenette.
Commenting on the sale, Bond Wolfe Managing Director and Auctioneer James Mattin said: “This is a 300-year-old, character-filled public house that until its closure in 2020 offered a wide range of food and drink with a large, picturesque beer garden. This is an excellent opportunity to reopen and further develop the property to benefit from its sought-after location.”
Mr Mattin added that buyers considering alternative potential uses for the property would need to apply for the relevant planning permission.
Read more on M&A activity in the UK's hospitality sector
Major country freehouse and Inn with a stunning detached owner's residence, all set in approximately 10 acres in an area of unmatched natural beauty. The Inn is located in a delightful country setting amid the rolling countryside of South East Cornwa...
FREEHOLD
A very well positioned hotel, pub and restaurant in Seaford on the South coast. Whilst the pub and restaurant, with the large beer garden are very successful, there is a fantastic opportunity to develop the property and plot further to introduce holi...
FREEHOLD
This outstanding hotel business is now for sale in Buckingham. Since its founding in 2000, it has built up an impressive client base. Having a freehold tenure on the property aids an easy transition for a new owner. It sees a high annual turnover, pr...
FREEHOLD
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.