Turnkey leasehold business with letting rooms, large garden and event space.
Net T/O £569,310 (YE 31/03/24) with 67% gross profit
This substantial period pub sits in the heart of rural Compton Bassett and offers a proven trading performance. Year ended 31/03/24 net turnover was £569,310 with a gross profit of 67%, supported by eight ensuite letting rooms, a separate two‑bed flat and a large, landscaped trade garden ideal for seasonal covers and events.
The business is offered as a leasehold opportunity with a new private, fully repairing and insuring lease (headline term ten years or longer) and is free of tie. The site includes a commercial kitchen, function/meeting room that can divide for simultaneous events, customer WCs, beer cellar, stores, rear car park and additional grounds including a grassed field — useful for marquees, outdoor events or expansion of trade.
Practical considerations: the building dates from the early 18th century and, while recently renovated in key areas, it retains traditional fabric (stone walls, exposed beams and flagstones) and an Energy Rating E. Heating is oil‑fired via boiler and radiators; walls are stone without assumed added insulation. Broadband speeds are very slow and recorded local crime levels are high. These operational and fabric issues should be factored into post‑acquisition plans and budgets.
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