Miners Arms, Whitecroft, Gloucestershire

Description

The Miners Arms is a very successful well-established country village pub in The Forest of Dean, Gloucestershire

This large 0.75-acre plot boasts over 520 sq/m of property, offering very profitable development opportunities

The pub is successful and generates healthy profits and has owners’ accommodation above

There is an existing holiday cottage and potential to convert the function room in to a second holiday cottage

The beer garden is 0.2-acres, large enough for two good sized houses to be built, STPP

Property prices are high in the area and demand is strong

Location

The Miners Arms sits in the village of Whitecroft, close to Lydney in The Forest of Dean, near the Severn Estuary the area benefits from tourism throughout the year

Cheltenham, Gloucester, Bristol & Cardiff are all within an hours drive

Development

Without compromising the pub, two sperate properties could be made available – the two-bed holiday cottage is already a completed, the existing function room could be developed into a further three-bed holiday let, please the Miners Holiday Home floorplan attached

The holiday home would be 83 sq/m with a GDV of up to £250,000, the holiday cottage is 86 sq/m and a GDV of circa £300,000

With sufficient parking and access, without compromising privacy, the existing property could be converted into multiple dwellings, an additional property could be built in the garden, all subject to a successful planning application

There is potential for a further development in the large beer garden of one or two residential properties, subject to a successful planning application

Internal Details

The pub has four drinking and dining areas offering seating for up to 60 people

The function room can offer seating for a further 60 covers and or host music events for up to 100

Beautiful large two-bedroom owners flat above the pub

The Miners Arms Holiday Cottage is a stunning picturesque two-bed cottage with wonderful views and a private garden

Please see the floorplans for further information

External Details

Sitting on 0.75-acre plot, there is a huge beer garden & large carpark with parking for 20 cars

There are two areas outside for drinking and eating, the large family friendly beer garden at the front of the property, with seating for 80, and also the delightful rear courtyard and garden, with seating for 24

Please see the aerial photographs

Fixtures & Fittings

All fixtures and fittings not personal to the vendors are included in the sale

Financials

Weekly sales are circa £10,000 generating very healthy profits in excess of £150,000 per annum

Full accounts are available

Property in the area is worth on average £3,500 sq/m

Tenure

Nationwide Business Sales are delighted to offer this incredible opportunity to the market at Offers Over £500,000

Further Information & Useful Links

The Miners Arms has a dedicated website, please visit https://www.theminersarmswhitecroft.com/

Voted by guests The Miners Arms is in the top 20 restaurants in Gloucestershire on TripAdvisor https://www.tripadvisor.co.uk/Restaurant_Review-g3952212-d2095111-Reviews-The_Miners_Arms-Whitecroft_Lydney_Forest_of_Dean_Gloucestershire_England.html

The Facebook page has over 4,000 followers https://www.facebook.com/minersarmswhitecroft/