Highly Successful Business Located in Popular Somerset Market Town.
Completely Refurbished, Substantial and Attractive Period Property. Strong Mix of Wet, Food & Accommodation Revenue. Approx. 6,500 sq ft with Beautifully Presented Trading Areas. Newly Created Patio Bar, Outdoor Terrace. 1 Bed Owner’s Flat, 5 Bed Staff Flat, 2 Superior En-Suite Letting Rooms. Turnover for year end March 2020 £1,087,243 Net (with 15 Days Less Trade Due to Covid-19 in March 20 and Closure of the Underground Bar to Refurbish into Craft Bar September-October 2019) with Very Strong Net Profit.
The Old Bath Arms is conveniently located in Frome's town centre, on Palmer Street just off the main B3090 Bath Street, which runs through the town centre. Frome is a vibrant and popular West Country Town in which to live and work with a charming historic centre and a thriving local economy. Frome is packed with historic buildings, independent shops and creative people. It also offers the perfect destination for discerning tourists who are looking for something just a little bit different while visiting Somerset. Recently, quoted as 'Va Va Frome' by the Times, the town has a growing reputation as a hub for creative industries. Many professional crafts people work from individual workshops with specialities including but not limited to designer jewellery and textiles, musical instruments makers to blacksmiths. It is also home to modern innovative and creative businesses like 3D printing and new media agencies. Frome offers easy access to the picturesque Somerset Countryside and is only a 30-minute drive from Bath city centre. Western-Super-Mare is 35 miles from the property and the town is well connected via the A3612 to surrounding villages, towns, the M5 and the A303.
The Old Bath Arms is a thriving business situated in the heart of the local community, offering something for everyone. The multifaceted business is located within a beautiful stone-built property, which has been extensively renovated over recent years by our clients. The expansive venue boasts three restaurant rooms and two bar areas, each with its own style and charm, making it the perfect choice for any occasion, from a group celebration to a more intimate dinner. The decor fuses traditional country pub features with The Old Bath Arms own unique style and decorative touches. The property also provides two superior en-suite letting rooms with a very strong occupancy rate. The Old Bath Arms boasts the best outside trading space in Frome, with an in/out, fully automated retractable awning with newly created patio bar and outdoor terrace. There is also a fully furnished owner's flat and staff accommodation including four single rooms and one double.