The Greyhound

177 Faringdon Road, Swindon SN1 5DL
Ref: 3451589
Freehold£450,000

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Graeme Clifford
Graeme CliffordBusiness Agent
Exposé

Auf einen Blick

  • Well presented trading area
  • Scope to develop food offer
  • Net T/0 £350,816 YE 31/03/2024
  • 249 brewers barrels of beer & cider (MAT)
  • Function room with separate bar
  • Large outside trading area. Energy Rating C
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Ref: 3451589

The Greyhound

Beschreibung

The Greyhound is a traditional Victorian public house arranged over two storeys beneath a pitched roof and occupying a prominent corner position on Faringdon Road. The property is of traditional brick construction and presents a strong roadside presence, reflecting its long-established role as a community pub within the area. Internally, the main trade space is open plan with a spacious main bar serving a number of seating and drinking areas. The property includes a separate function room with bar which opens onto the large outside trading area to the rear. There is a commercial kitchen to the ground floor and the three bedroom private accommodation is found on the first floor.

Lage

The Greyhound occupies a prominent position on Faringdon Road, one of the main roads into central Swindon. Located just west of the town centre, the pub surrounded by well-established residential and commercial areas. Its proximity to Swindon Railway Station, the Designer Outlet Village and other key local amenities, such as Faringdon Road Park, is at the heart of a busy and well-connected part of the town. The pub is in a densely populated area with a mixture of housing types including terraced houses, old railway cottages, modern apartments and family homes which giving a broad customer base within in walking distance. Swindon Railway Station is within walking distance, providing direct services to London, Bristol, Cardiff and other major destinations. The property has convenient access to the A419 and M4 motorway, allowing easy travel throughout the wider region.

Innenräume

Bar servery Main trading area Beer cellar Commercial kitchen Storage Function/restaurant area with bar Ladies & Gents WCs

Ausstattung und Inventar

All trade fixtures and fittings are included in the sale and we are advised they are free from loan, lease and hire purchase agreements.

Außenbereich

There is large external trading space to the rear of the pub. (The scaffold stage structure is not included in the sale but may be purchased by separate negotiation)

Betreiberwohnung

3 bedrooms Living room Bathroom Kitchen

Das Objekt

Available due to retirement, the Greyhound is being offered as a fully operational freehold pub business, providing an opportunity to acquire an established trading concern with immediate income. The business already has a loyal customer base and regular trade, allowing a purchaser to build on the strong existing foundations. The property offers a range of trading areas that support multiple revenue streams, giving an incoming owner the opportunity to further develop the business through offering food, functions, events and live music. Its established position within a densely populated area provides a strong platform for future growth while retaining its appeal as a popular neighbourhood pub.

Personal

The sale is subject to TUPE, Transfer of Undertaking (Protection of Employment), and a staff list will be made available in due course.

Operative Daten

Net turnover: £350,816 for year ending 31 March 2024.

Öffnungszeiten

Current trading hours are: Monday 12–11 pm Tuesday 12–11 pm Wednesday 12–11 pm Thursday 12–11 pm Friday 12 pm–12 am Saturday 12 pm–12 am Sunday 12–11 pm

Besitztitel

The property is being sold freehold with vacant possession.

Grundsteuer

Rateable Value effective from 1st April 2026: £24,250. Interested parties can obtain the latest rating information about this property by visiting www.gov.uk or contacting the relevant local authority.

Lizenzen/gesetzliche Bestimmungen

Premises licence.