Mermaid Hotel

Mermaid Hotel


Location Pin

Mermaid Hotel3 High Street, Yeovil, Somerset, BA20 1RE

The Mermaid is a 15th Century town centre Coaching Inn offering good quality accommodation as well as a steak bar, grill and a lunchtime carvery.

Rent

(% of turnover net of VAT)

Rent: Wet

Wet 8%

Rent: Dry

Dry 8%

Rent: Accommodation

Accomm. 15%

Split

 

Split: Bar

Bar 58%

Split: Food

Food 21%

Split: Accommodation

Accomm. 21%

Barrelage

252

3-Year average composite
annual barrelage

Covers

52

Covers

Ingoing investment


Trade Inventory

£24,000*

Stock and Glassware

£3,000*

Security Deposit

£3,000*

Brokers fee

£1,000*

Rateable value

£43,500  

* ex vat subject to valuation


Initial rental support and finance may be available for the right long term applicant

The Mermaid Hotel is in the centre of the busy market town of Yeovil. This historic pub is full of character and benefits from 14 letting rooms, restaurant, bar and office plus an outdoor trade area to the rear.

 

The pub has built up a business on all day opening with entertainment a regular feature along with a well-established carvery offer.

 

There is a fully equipped commercial catering kitchen, cellar and several dry storage areas and garage. The private flat has recently been refurbished, and is of good size.

 

The pub would suit a couple or family confident producing home cooked pub favourites and getting involved with local community events. This is a great opportunity to secure a well located high street pub with Palmers Brewery.

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