Versatile licensed venue with high footfall, garden and event space.
Turnover ~£300,000 net of VAT (figures provided by seller)
A substantial, stone-built public house in a prominent Shepton Mallet position, trading wet sales with reported turnover of approximately £300,000 (net of VAT). The ground-floor has two well-fitted bar areas seating around 100, an unused commercial kitchen and direct access to a large beer garden and covered decked space. A separate function building houses a skittle alley and bar seating for about 70, giving clear event and lettings potential.
The site includes a well-presented three-bedroom owner’s house with recently refitted kitchen/breakfast room and a modern bathroom, plus a self-contained one-bedroom flat above the skittle alley which requires renovation. Outside there is a spacious beer garden (current seating around 30; scope for expansion to circa 80), a covered heated smoking/TV area for about 20, and off-street parking for approximately 25 cars.
Commercially this is offered with a new five-year tenancy tied to Butcombe Brewery for wet products; annual rent is to be agreed and a £10,000 rent deposit is required. The tie and new tenancy create security of supply but limit product flexibility. The property needs some renovation—most notably the unused kitchen and the one-bed flat—presenting opportunity to add or expand a food operation to increase turnover.
For an investor or operator seeking a town-centre licensed business with events capacity, outside space and owner accommodation, this offers significant upside once the kitchen is brought back into use and the flat is refurbished. Trading information will be disclosed after viewing for serious enquiries.
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