The Blackboy Inn occupies a substantial building within a terrace of 12 period houses, which have all been converted into ground floor commercial premises, with private residential and student accommodation above. The pub comprises two contemporary trading areas for approximately 40 people altogether.
Situated on Whiteladies Road, one of Bristol’s premier shopping areas, with an array of boutique shops and independent restaurants, pubs, delicatessens and coffee shops, the pub benefitted from high footfall in the area throughout the day and evening.
Christie & Co acted on behalf of a national pub company to sell the freehold of The Blackboy Inn, with the pub having recently ceased trading. The property has now been purchased by Chatford Properties, a Bristol based firm.
Nicholas Calfe, Director at Christie & Co’s Bristol office handled the sale and comments, “The Blackboy Inn is an historic inn with an interesting past that dates back to the 19th century. This is the first time the pub has been on the market for many years as a freehold sale, and we saw high levels of interest from a range of potential buyers, due to its desirable location and huge opportunity to develop the building in order to maximise the return on the investment required.”
Blackboy Inn was sold off a guide price of £495,000 plus VAT for the freehold interest.