For Sale
Guide Price £730,000Public House And Holiday Accomodation Star Lane The Queen Matilda Tavern
Avening, South West GL8 8NT
United Kingdom
Avening, South West GL8 8NT
United Kingdom
Category Leisure, Development, Investment, Residential
CODE 6981
The property comprises an impressive 17th century stone built public house, with guest house accommodation providing 3 x rooms to the rear of the property.
The site itself is set across a 0.7 acre plot, providing scope for further expansion of the guest house accommodation, or subdivision of the land to provide much needed affordable homes within the community (STP). This provision is a positive in local communities and could provide a substantial return on the site.
The Queen Matilda currently provides 3 guest rooms to the rear of the main building, which trades exceptionally well as a B&B with an achievable income of £25,000 per room per annum.
Planning permission has already been granted for a new single story timber clad building in the garden (at the end of the parking area), which will provide a further 2 en-suite B&B guest rooms, or a self catering unit. Planning ref. 18/01409/FUL
There is also the potential (STP) to create, at least, a further 3 en-suite rooms within the main building, subject to planning permission. This would then provide a total of 8 guest rooms, with potential income of £200,000 per annum.
The pub can accommodate 35 seated customers inside at one time and has a fully fitted commercial kitchen, bar taps and cellar, and outdoor space for a further 20 people. The current owners have completely renovated and upgraded the cellar with new lines and pumps and a new air conditioning system to maintain the cellar temperature as required. Upstairs provides owners accommodation including large kitchen, living room, bathroom, separate second toilet, laundry area, office and 4 bedrooms. There is additional scope to extend the owners accommodation into the extensive loft area, which could provide an additional three rooms for accommodation.
PROPERTY SUMMARY
Fully functional and fitted pub to serve 36 seated inside (at one time) and 20 outside.
Well trading guesthouse accommodation consisting of 3 x double bedrooms with en suite.
Planning permission granted for a new single story timber clad building providing a further 2 en-suite B&B guest rooms, or a self catering unit. Planning ref. 18/01409/FUL
Planning potential (STP) to create, at least, a further 3 en-suite rooms bringing it to a total of 8 guest rooms. Expected income of £25,000 per room per annum.
0.7 acre garden with scope for for 4 x 2 bedroom affordable homes (STP).
The site itself is set across a 0.7 acre plot, providing scope for further expansion of the guest house accommodation, or subdivision of the land to provide much needed affordable homes within the community (STP). This provision is a positive in local communities and could provide a substantial return on the site.
The Queen Matilda currently provides 3 guest rooms to the rear of the main building, which trades exceptionally well as a B&B with an achievable income of £25,000 per room per annum.
Planning permission has already been granted for a new single story timber clad building in the garden (at the end of the parking area), which will provide a further 2 en-suite B&B guest rooms, or a self catering unit. Planning ref. 18/01409/FUL
There is also the potential (STP) to create, at least, a further 3 en-suite rooms within the main building, subject to planning permission. This would then provide a total of 8 guest rooms, with potential income of £200,000 per annum.
The pub can accommodate 35 seated customers inside at one time and has a fully fitted commercial kitchen, bar taps and cellar, and outdoor space for a further 20 people. The current owners have completely renovated and upgraded the cellar with new lines and pumps and a new air conditioning system to maintain the cellar temperature as required. Upstairs provides owners accommodation including large kitchen, living room, bathroom, separate second toilet, laundry area, office and 4 bedrooms. There is additional scope to extend the owners accommodation into the extensive loft area, which could provide an additional three rooms for accommodation.
PROPERTY SUMMARY
Fully functional and fitted pub to serve 36 seated inside (at one time) and 20 outside.
Well trading guesthouse accommodation consisting of 3 x double bedrooms with en suite.
Planning permission granted for a new single story timber clad building providing a further 2 en-suite B&B guest rooms, or a self catering unit. Planning ref. 18/01409/FUL
Planning potential (STP) to create, at least, a further 3 en-suite rooms bringing it to a total of 8 guest rooms. Expected income of £25,000 per room per annum.
0.7 acre garden with scope for for 4 x 2 bedroom affordable homes (STP).
Dorian Wragg
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Olympus House, Olympus Park, Quedgeley, Gloucester Gloucestershire GL2 4NF
01452 880104
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Dorian Wragg
This email address is being protected from spambots. You need JavaScript enabled to view it.
Olympus House, Olympus Park, Quedgeley, Gloucester Gloucestershire GL2 4NF
01452 880104
These particulars are intended as a general guide only and do not constitute any part of an offer or contract. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility. Intending purchasers or tenants should satisfy themselves as to the accuracy of all statements and representations before entering into any agreement. No employee or partner of Bruton Knowles has authority to make or give any representation or warranty in relation to the property.