IPB

Welcome Guest ( Log In | Register )

> Another Coutry Pub/Restaurant closes, Winterbourne Arms
gel
post Nov 16 2017, 03:33 PM
Post #1


Advanced Member
***

Group: Members
Posts: 948
Joined: 11-September 09
From: Thames Valley
Member No.: 337



Another one gone:

Just seen via Twitter (don't recall NWN mentioning) that the Winterbourne Arms Pub/Restaurant,
closed in October.
New owner intends to demolish for yet more housing sad.gif
Go to the top of the page
 
+Quote Post
 
Start new topic
Replies
dannyboy
post Nov 16 2017, 06:43 PM
Post #2


Advanced Member
***

Group: Members
Posts: 6,056
Joined: 14-May 09
From: Bouvetøya
Member No.: 51



QUOTE (gel @ Nov 16 2017, 03:33 PM) *
Anther one gone:

Just seen via Twitter (don't recall NWN mentioning) that the Winterbourne Arms Pub/Restaurant,
closed in October.
New owner intends to demolish for yet more housing sad.gif

It has been shut for a lot longer than that. Still, it is up for sale, as a pub. £430,000 guide price.
Go to the top of the page
 
+Quote Post
blackdog
post Nov 16 2017, 11:04 PM
Post #3


Advanced Member
***

Group: Members
Posts: 2,945
Joined: 5-June 09
Member No.: 130



QUOTE (dannyboy @ Nov 16 2017, 06:43 PM) *
It has been shut for a lot longer than that. Still, it is up for sale, as a pub. £430,000 guide price.


Therein lies the problem - worth £430k as a pub, much more as a private house.

Still - The Castle at Donnington has re-opened.
Go to the top of the page
 
+Quote Post
dannyboy
post Nov 17 2017, 10:30 AM
Post #4


Advanced Member
***

Group: Members
Posts: 6,056
Joined: 14-May 09
From: Bouvetøya
Member No.: 51



QUOTE (blackdog @ Nov 16 2017, 11:04 PM) *
Therein lies the problem - worth £430k as a pub, much more as a private house.

Still - The Castle at Donnington has re-opened.



As it is offered at 'only' £430K I suspect that it can only be a pub.

Those nice people from the Red House at Marsh Benham behind the Castle revival IIRC.
Go to the top of the page
 
+Quote Post
On the edge
post Nov 17 2017, 12:01 PM
Post #5


Advanced Member
***

Group: Members
Posts: 7,847
Joined: 23-May 09
From: Newbury
Member No.: 98



QUOTE (dannyboy @ Nov 17 2017, 10:30 AM) *
As it is offered at 'only' £430K I suspect that it can only be a pub.

Those nice people from the Red House at Marsh Benham behind the Castle revival IIRC.


What happens if no one is willing to buy it and run it as a pub, even with a substantial reduction in price? If we are really honest, selling a few beers even with half a dozen dinners 7 days a week isn't going to be that profitable, even if you exclude the cost of the property.


--------------------
Know your place!
Go to the top of the page
 
+Quote Post



Reply to this topicStart new topic
1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:

 

Lo-Fi Version Time is now: 19th April 2024 - 11:56 PM