Summary - THE CROWN INN, ROMSEY ROAD SO20 6PW
1 bed 1 bath Pub
Income-producing Grade II listed pub in an affluent Hampshire village..
- Freehold pub with immediate rental income £45,627 pa
- RPI-linked rent increases and open market five-year reviews
- Grade II listed thatched 1753 building with historic character
- Beer garden seating ~30 and parking for ~13 vehicles
- Site area approximately 0.225 acres (0.091 ha)
- Lease expires October 2028 (approx. 3 years unexpired)
- Short lease term may restrict mortgage/refinance options
- Located in affluent village; trading unaffected by sale
A rare freehold investment in a picturesque Hampshire village, The Crown Inn offers immediate rental income and strong visible curb appeal. The pub is let to T Minter & J Evans LLP at £45,627 pa with RPI-linked increases and an asking price around £400,000 (circa 10.95% NIY). The business will continue to trade unaffected by the sale and the transaction is expected to be treated as a TOGC for VAT purposes.
The property is a Grade II listed, thatched, 18th-century building (built 1753) with traditional interconnecting trade rooms, a rear kitchen and cellar, and first-floor accommodation. Externally there is a beer garden seating about 30, additional frontage seating, and parking for approximately 13 vehicles on a site of about 0.225 acres. The location in King Somborne places the pub in a semi-rural, affluent catchment with good local amenities and excellent mobile and broadband connectivity.
Important considerations: the current lease is a 10-year full repairing and insuring lease expiring 18 October 2028, leaving roughly three years unexpired. That short unexpired term and the Grade II listing can constrain refinancing options and future redevelopment; mortgage lenders may be unwilling to lend on this asset without an extended lease. Prospective buyers should make their own enquiries regarding listing consents and conservation-area constraints before offer.
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