Hawthorns Hotel in Glastonbury goes on the market for £675,000

By Tim Lethaby

16th Jul 2021 | Local News

The Hawthorns Hotel in Glastonbury (Photo: Google Street View)
The Hawthorns Hotel in Glastonbury (Photo: Google Street View)

A pub in Glastonbury, which has been in the same hands for more than 16 years and has a reputation for live music, has gone on the market.

The Hawthorns Hotel, in Northload Street, is being sold by Christie and Co in Bristol and is priced at £675,000.

It is not just the building for sale but the business itself, meaning the responsibility for the staff would transfer across with the sale.

The sales listing says the pub has seen a constant increase in trade since 2017 with net sales in 2019 of £424,013 excluding VAT.

The accommodation element of the business helped achieve a gross margin of 67 per cent and the net profit has been around £60,000 for the last three years.

Originally three adjoining period buildings, one a former Georgian townhouse, the Hawthorns offers a frontage onto Northload Street with separate entrances for the hotel and bar/restaurant.

The Hawthorns has been in the same hands for more than 16 years, during which time income streams from food, drink and accommodation have been developed.

The pub has a reputation for real ale and authentic food, with live music being a regular feature throughout the year.

The ground floor comprises a single bar counter serving a large trading space with restaurant and adjacent stage area for live events.

The trade kitchen is off the trading area and is visible to customers, and there is also a reception area for receiving hotel guests.

The pub has seven guest rooms including single, twin and double rooms, as well as a family room which sleeps up to six people.

There is a courtyard trade garden to the rear of the property. The hotel has use of a communal parking and delivery area to the rear for the use of the adjoining businesses.

The self-contained owner's accommodation is part of an adjoining cottage comprising of a ground floor living room, kitchen/diner, office and toilet, with three bedrooms and a bathroom on the first floor.

     

New glastonbury Jobs Section Launched!!
Vacancies updated hourly!!
Click here: glastonbury jobs

Share:

Related Articles

Tessa Wills, coordinator for Meare Community Strong said: “Racism and all forms of hatred are unacceptable in our community." (Photo: Jen Collins/Facebook)
Local News

Meare residents march against racism

Crispin Hall in Street (File photo).
Local News

Job fair to connect employers with job seekers in Street

WIN A £25 AMAZON VOUCHER!!!

To enter just subscribe to our FREE Stockport NubNews Newsletter.
Every subscriber will be automatically entered into our competition.
Deadline 31 March 2024.

Already subscribed? Thank you. Just press X or click here.
By clicking the Subscribe button you agree to our
Privacy Policy and Competition terms and conditions.