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For Sale

The Queens Head

Specifications

14,111 Sq Ft (1,310.91 Sq M)
£
For Sale: £1,200,000 Guide Price
The Queens Head, Minehead, Holloway Street, Minehead, Somerset, TA24 5NR
Current Brochure

Summary

Town centre public house with 10 letting apartments
Ground floor trading pub with annual sales building back to excess £500,000
Apartments all held on AST's with rental income of £65,160 pax
Suit full investment or continued operation

Description

Public bar with open plan trading area and ample space for breakout areas around a central bar with space for 110 covers and three swallow bay windows. Games room with space for pool tables. Full commercial kitchen with extraction (not tested) with main kitchen and open plan to prep area with wash up. Ladies, gents and accessible WC's. Separate store room. Internal access to basement storage area (11.4m x 7.6m) with storage and drop hatch from kitchen and access to beer cellar (8.4m x 4.4m). Inner courtyard with open stair to raised decked beer garden providing enclosed space for 60 covers.

Location

Minehead is a costal town Somerset's North Coast. The population in the parish of Minehead is estimated at approximately 12,000. The town benefit from a railway station which runs a West Somerset heritage service. Butlins Minehead resort, Dunster Castle and Minehead sands all contribute to tourism being the major source of business for the town. Minehead's sands extend from The Strand to Warren Point and the pebble beach towards the harbour, in all a distance of about a mile. It is the start/finish of the well regarded South West Coastal Path, a 630 mile pathway that tracks the coastline from Minehead on the North Coast to Poole Harbour in the South via Lands end.

The Queens Head and apartments enjoys a central position, set back from the main throughfare and town centre.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).

Business Rates

From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is £42,250.

Council Tax for each apartment is Band A.

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC / MEES

On brochure.

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

All figures quoted are exclusive of VAT if applicable.

Agent Contacts