The buyer hunt ends for Llancarfan's Fox & Hounds
The Cardiff office of specialist property adviser Christie & Co has sold the Fox & Hounds pub, situated in the stunning village of Llancarfan in the Vale of Glamorgan.
The 925 year leasehold interest in the village pub was brought to the open market and after a short marketing period, a deal was agreed with Coach House Inns Ltd, an expanding coaching inn operator with sites in South Wales and along the Welsh/English border.
The sale was agreed for an undisclosed sum off the guide price of £475,000 with an unusual ground rent forming part of the agreement – a pint of beer to be served free of charge to the Chair of the local Community Council on an annual basis.
The Fox & Hounds offers 80 covers , eight ensuite guest bedrooms, a spacious three-bed owners cottage and a large car park with space for 15 cars.
John Coggins, Business Agent in Christie & Co’s Cardiff office handled the sale and said, “The outgoing operators, John and Sue Millard, have created a fantastic business in the Fox and Hounds, with an excellent reputation for food and have established the inn as a true village pub at the core of the community.
“I’m delighted that we’ve been able to achieve a sale to allow them to enjoy a well-deserved retirement and I’m confident that Coach House Inns Ltd will continue to develop the offering and firmly keep the pub at the heart of the village.”