HEREFORDSHIRE – WYE VALLEY RENOWNED DINING VENUE IN IDYLLIC LOCATION WITH OUTSTANDING VIEWS
Aston Crews, Ross-on-Wye, Herefordshire
Ref: 50071
£450,000
Freehold
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Key Features
Location
The village of Aston Crews is approximately five miles from the popular market town of Ross-on-Wye being just a few miles from junction 4 of the M50 motorway and also provides easy access motoring links to South Wales and the Midlands conurbations via the M5 motorway. This part of Herefordshire is close to the Gloucestershire border and is a popular spot for those visiting Herefordshire, the lower Wye Valley, Gloucester and the nearby Forest of Dean.
The Penny Farthing Inn is a centuries old property with many period features and exposed stone and brick walls, beamed ceilings, boarded floors etc. It offers interconnecting split level bar and dining facilities which can cater for comfortably over 100 customers, all arranged around a central servery with is the fulcrum of the pub. There is a large catering kitchen and spacious three bedroom owners accommodation at first floor. In addition, the property benefits from outstanding gardens commanding views over the Wye Valley across to the Forest of Dean, one of the best external trading areas for many miles around. The property is briefly described as follows:
The Penny Farthing Inn is a centuries old property with many period features and exposed stone and brick walls, beamed ceilings, boarded floors etc. It offers interconnecting split level bar and dining facilities which can cater for comfortably over 100 customers, all arranged around a central servery with is the fulcrum of the pub. There is a large catering kitchen and spacious three bedroom owners accommodation at first floor. In addition, the property benefits from outstanding gardens commanding views over the Wye Valley across to the Forest of Dean, one of the best external trading areas for many miles around. The property is briefly described as follows:
Property
TRADE AREAS
The trading areas can seat comfortably over 100 customers with the main LOWER BAR area having principally boarded floor, heavily beamed ceilings, counter from CENTRAL SERVERY and seating for 44 customers. To the bottom end of this bar is a private DINING ROOM which can seat 20 or so customers and above it is a split level DINING AREA in four sections able to cater for an additional 42 seated.
The property benefits from a large CATERING KITCHEN appointed to an extremely good standard and comprehensively equipped with a full selection of stainless steel catering effects and work surfaces. There is a PREPARATION ROOM and a FREEZER ROOM.
LADIES’, GENTELMEN’S and DISABLED TOILETS.
BASEMENT CELLAR.
OWNERS ACCOMMODATION
FIRST FLOOR:
Private accommodation comprising KITCHEN, DINING ROOM, LOUNGE, 3/4 BEDROOMS (3 with EN SUITE), and SHOWER ROOM.
EXTERNAL
The best feature of the premises is the trade gardens which, from their elevated position, provide commanding views over the adjacent countryside to include the Forest of Dean and the River Severn. It is principally lawned with a timber decked section and stone paved area. There is seating for over 100 customers and a children’s play area. Smoking solution seating 20. Car park for 40.
The trading areas can seat comfortably over 100 customers with the main LOWER BAR area having principally boarded floor, heavily beamed ceilings, counter from CENTRAL SERVERY and seating for 44 customers. To the bottom end of this bar is a private DINING ROOM which can seat 20 or so customers and above it is a split level DINING AREA in four sections able to cater for an additional 42 seated.
The property benefits from a large CATERING KITCHEN appointed to an extremely good standard and comprehensively equipped with a full selection of stainless steel catering effects and work surfaces. There is a PREPARATION ROOM and a FREEZER ROOM.
LADIES’, GENTELMEN’S and DISABLED TOILETS.
BASEMENT CELLAR.
OWNERS ACCOMMODATION
FIRST FLOOR:
Private accommodation comprising KITCHEN, DINING ROOM, LOUNGE, 3/4 BEDROOMS (3 with EN SUITE), and SHOWER ROOM.
EXTERNAL
The best feature of the premises is the trade gardens which, from their elevated position, provide commanding views over the adjacent countryside to include the Forest of Dean and the River Severn. It is principally lawned with a timber decked section and stone paved area. There is seating for over 100 customers and a children’s play area. Smoking solution seating 20. Car park for 40.
The Business
The property was acquired by our clients in 2006 as an investment. He is an owner of other licensed premises and commercial properties. It has subsequently been let to independent tenants on a private, free-of-tie lease which is coming to an end in June of this year. The property is therefore being offered to let on these favourable lease terms.
Accounts for the year ended 31st May 2024 show takings net of VAT of £494,965 and for the previous year show takings net of VAT of £507,906.
Accounts for the year ended 31st May 2024 show takings net of VAT of £494,965 and for the previous year show takings net of VAT of £507,906.
Tenure
FREEHOLD £450,000 to include trade inventory, furniture, fixtures, fittings and effect. Stock at valuation in addition.
The Property is elected for VAT. VAT will be levied on the sale price of the freehold at the standard rate on 90% of the purchase price. Purchasers may wish to satisfy themselves with independent professional advice that this VAT may be reclaimed.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
The Property is elected for VAT. VAT will be levied on the sale price of the freehold at the standard rate on 90% of the purchase price. Purchasers may wish to satisfy themselves with independent professional advice that this VAT may be reclaimed.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
Licence
Under the terms of the Premises Licence, the business is permitted to retail alcohol between the hours of:
Monday to Thursday: 10:00—23:00
Friday and Saturday: 10:00—00:00
Sunday: 10:00—22:30
Monday to Thursday: 10:00—23:00
Friday and Saturday: 10:00—00:00
Sunday: 10:00—22:30
Services
Mains electricity, water and gas. On site drainage. Gas fired central heating.
Local Authority: Herefordshire Council.
Rateable Value: £29,750 as at 1st April 2026
Local Authority: Herefordshire Council.
Rateable Value: £29,750 as at 1st April 2026
Enquire about this listing
Robin Mence
Midlands
