Summary - Flat 1 Spregdon House, 42, High Street, Cleobury Mortimer DY14 8DQ
1 bed 1 bath Pub
Historic Grade II freehold pub with eight ensuite rooms and strong High Street presence.
Grade II listed Tudor Revival freehold on main High Street
A Grade II listed Tudor‑style freehouse occupying a prominent High Street position in Cleobury Mortimer. The Talbot Hotel offers an established wet‑led trade with eight en‑suite letting bedrooms, a 60‑cover public bar, and a 12–16 cover dining room, plus high‑street outdoor seating for 24 — a clear opportunity for an experienced operator or investor seeking a pub with rooms in a market town.
The building is historic and characterful: exposed beams, wooden panelling and open‑grate fireplaces create strong period appeal that attracts locals and visitors. Trading is split approximately 63% wet sales to 37% rooms income, so revenue can be balanced between food/drink and B&B. Included fixtures and fittings reduce immediate capex on furniture and bar equipment.
Important practical points are straightforward: the property is Grade II listed and requires renovation, so any works will need listed‑building consents and careful budgeting. Heating currently relies on electric room heaters and propane for cooking; walls are assumed uninsulated solid brick, which will affect energy performance despite the current Energy Rating C. On‑street parking only and VAT may be applicable on 90% of the purchase price.
This is a suitable purchase for an investor or operator comfortable with historic buildings and refurbishment projects who can capitalise on the High Street location and existing letting trade. The building’s heritage and layout provide strong scope to enhance margins through upgraded accommodation, food offering, and targeted marketing to visitors to nearby attractions.
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