Closed Occold pub seeks new tenants to stay in business
A new lease of life is hoped for at a north Suffolk village pub which has been closed for several months after it was placed onto the rental market to attract prospective new tenants.
New faces are being sought to take over business operations at The Beaconsfield Arms, which is located in Mill Road, Occold, near Eye, from the present landlords.
Commonly referred to in the village as The ‘Beaky’, the property closed down to the public in February this year, and has now been offered to prospective tenants with a minimum available capital of £20,000.
Alan Crowest, specialist and consultant for licensed trade at Diss-based property agents TW Gaze, said: “The ‘Beaky’ as it is popularly known, has undergone extensive improvements since being purchased in 2010, and now represents an ideal opportunity, for new licensees to enter the trade, with relatively little outlay.
“The current tenants have concentrated primarily on food, although it is believed a move back to a more traditional style of country pub would be advantageous.”
The Beaconsfield Arms last shut its doors for an extended period in 2008, before it was bought two years later by Charles and Chris Appleton.
Responsibility for the business was then passed in 2012 to Marc and Sophie Prescott, who relinquished their tenancy at the beginning of March this year.
TW Gaze have confirmed the pub currently benefits from 100 per cent Rural Rate Relief and Small Business Rate Relief and that the valuable inventory will remain the property of the current landlords.
The offer proposes a three-year tenancy, with an option to purchase the freehold within that time.
For more information or to enquire about arranging a viewing, contact Alan Crowest on 01379 650468 or email a.crowest@twgaze.co.uk
Alternatively, you can contact Oliver Chapman on 01379 650 468 or via email at o.chapman@twgaze.co.uk
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