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.
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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.”