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Beer Garden
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External Drinking Area
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Function Room
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Restaurant/Dining
Property details
The Globe Inn is a 300-year-old historic terraced pub situated in the picturesque cathedral city of Wells.
The pub has a main bar area with a smaller seated area towards the rear and a small dining area at the front. On the first floor is a generously sized function room, ideal for meetings, christenings, birthday parties, and festive gatherings.
It boasts an award-winning rear-enclosed beer garden with approximately 30 covers.
The private accommodation is spread over two floors and consists of a good quality flat with 2-3 bedrooms, bathroom and lounge.
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Cask Ale
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Catering Kitchen
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Live Sports
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Experienced Operator
Trading style
The pub has a great range of drinks to offer including regularly rotating local cask ales, premium world lagers, and local ciders. A good-sized kitchen can offer a full menu and Sunday Roasts have always proved popular.
The beer garden is extremely popular in the summer months with locals and tourists alike.
The landlords are looking for an enthusiastic operator with a proven record of success and a passion for running a pub with a quality food and drink offer. The Globe Inn has great potential, and the next operators will ideally have experience running a similar business and have the knowledge and experience to maximise all business opportunities.
Key financials
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Reference Number:
6M23WN / ROT-BA5
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Agreement Type:
TAW / Tenancy
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Min Ingoing Cost:
£3,000.00
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Annual Rent:
£18,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the energy performance certificate is available from the landlord.
Length of Tenure: TMA/TAW leading to a 5-year Tenancy
Agreement type: PART TIED - FOT Wines, Spirits & Non-Postmix Minerals.
Rent: £18,000
Ingoing’s: £3k deposit plus working capital. Inventory at valuation on flexible terms (as required and when on a substantive agreement)
STEPPED RENT SUPPORT IS AVAILABLE FOR THE RIGHT OPERATOR.