£500,000 /Sale price

The Miners Arms is a very successful well-established country village pub in The Forest of Dean, GloucestershireThis large 0.75-acre plot boasts over 520 sq/m of property, offering very profitable development opportunitiesThe pub is successful and generates healthy profits and has owners' accommodation aboveThere is an existing holiday cottage and potential to convert the function room in to a second holiday cottageThe beer garden is 0.2-acres, large enough for two good sized houses to be built, STPPProperty prices are high in the area and demand is strongLocationThe 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 yearCheltenham, Gloucester, Bristol & Cardiff are all within an hours driveDevelopmentWithout 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 attachedThe 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 £300,000With 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 applicationInternal DetailsThe pub has four drinking and dining areas offering seating for up to 60 peopleThe function room can offer seating for a further 60 covers and or host music events for up to 100Beautiful large two-bedroom owners flat above the pubThe Miners Arms Holiday Cottage is a stunning picturesque two-bed cottage with wonderful views and a private gardenPlease see the floorplans for further informationExternal DetailsSitting on 0.75-acre plot, there is a huge beer garden & large carpark with parking for 20 carsThere 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 & FittingsAll fixtures and fittings not personal to the vendors are included in the saleFinancialsWeekly sales are circa £10,000 generating very healthy profits in excess of £150,000 per annumFull accounts are availableProperty in the area is worth on average £3,500 sq/mTenureNationwide Business Sales are delighted to offer this incredible opportunity to the market at Offers Over £500,000Further Information & Useful LinksThe Miners Arms has a dedicated website, please visit Voted by guests The Miners Arms is in the top 20 restaurants in Gloucestershire on TripAdvisor The Facebook page has over 4,000 followers