Summary - SALTHOUSE INN AND RESTAURANT, SALTHOUSE ROAD BS21 7TY
1 bed 1 bath Commercial Property
Large income-producing Victorian pub by Clevedon Pier — 8.50% NIY guide.
Freehold seaside pub and restaurant on 1.52-acre site
A rare freehold pub investment positioned on Clevedon’s Salthouse Bay, letting the entire Victorian Salthouse Inn and Restaurant to a private operator. The substantial two-storey building and large external trading areas extend to 7,849 sq ft on a 1.52-acre site, with prominent roadside frontage, extensive beer‑garden covers and parking for 40 vehicles. Current rent is £123,922 pa with five‑year open market reviews and annual RPI increases (capped at 3% except in review years).
This is targeted at investors seeking an income-backed seaside asset with immediate cashflow and strong external trading capacity (210 covers external, 90 covers internally). The tenant holds fixtures and fittings; the sale is intended as a TOGC for VAT purposes where applicable. The property’s historic character, Victorian façade and sea-facing position support long-term leisure appeal or potential conversion subject to consents.
Important considerations are factual and material: the lease expires November 2033 (approx. eight years remaining), which may restrict purchaser mortgage options and reduce the buyer pool. The building is Grade II listed, so alterations will require listed‑building consent. Broadband speeds are reported as very slow and an EPC is being prepared. Prospective purchasers should note tenant deposit held and that business operations are unaffected by the sale.
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