3 bedroom property for sale

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3 bedroom property for sale

The Milton Brewery Inn, Milton, Milton
£395,000

Price History

Initial price £450,000
22/01/25 £395,000
Price Change -12.22%

Description

This property is a sizeable and well-known character public house located alongside the busy A477T and having immense potential. The pub, known as The Milton Brewery, dates back to 1860 and has been owned and let by the Carew Castle Estate for many years. The property features a range of amenities, including a main bar, snug, dining areas, function rooms, kitchen, and toilet facilities. The pub also has a first-floor flat with four bedrooms, a bathroom, and an office/bedroom. The property benefits from a large open forecourt, lawned beer garden, tarmacadam driveway, and a mettled car park suitable for around 30 vehicles. The pub has been let for many years, but no trading accounts are available. However, it is understood that the weekly takings have averaged over £5,000 for wet sales and over £2,500 for food. The property is being sold as an untied freehold, and planning permission has been granted for substantial alterations to the pub, including an extension to the first floor.