Opportunity to run a traditional pub in Wells: Cheddar Valley Inn seeking new tenancy
By Laura Linham
22nd Nov 2023 | Local News
The Cheddar Valley Inn is on the lookout for a new landlord.
On the market with an asking price of £3,000, the pub is offered on a five-year agreement with Red Oak Taverns.
The pub, known for its single bar wet-led operation, accommodates seating for 40 and additional space for 20 standing.
It also features a spacious outdoor area that can hold up to 70 people, making it suitable for larger gatherings. Included in the tenancy is a three-bedroom private accommodation, making it an ideal prospect for those looking to live on the premises.
For entrepreneurs or aspiring publicans, the Cheddar Valley Inn offers the potential for a free-of-tie agreement. This provides flexibility in choosing suppliers and products, a significant advantage in the pub industry. The first month of rent is also offered free, with an annual rent set at £12,000.
Another attractive aspect of this opportunity is the ground-floor kitchen, which holds potential for expanding into food services. With existing facilities and a strategic location in Wells, the new tenant could diversify and grow the pub's offerings.
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