Hospitality sector specialist Colliers International has been appointed by administrators Begbies Traynor to sell the Full Moon at Rudge near Frome.
The property is just 20 minutes’ drive from Bath, and Colliers International Hotels director, Simon Wells, said that although the pub had come under pressure following two hotel openings nearby it remained profitable subject to restructuring the debt, hence the sale.
“The Full Moon dates back to 1690, has flagged floors, fireplaces and a delightful atmosphere,” said Simon. “With 18 letting rooms, which is rare for a pub, the bedroom income is very attractive indeed alongside a cosy bar, snug, dining and function facilities. There is also a small swimming pool.
“The Full Moon makes the best of its rural setting and is about 20 minutes from Bath, handy for Longleat Safari Park and close to the thriving local towns of Frome, Trowbridge and Westbury.
“A pub for sale as well located as this with so many rooms doesn’t come up for sale that often so I’m expecting a good response. The Full Moon will rise again and I’m sure will prove to be a canny investment.”
Joint administrators Simon Haskew and Neil Vinnicombe from the Begbies Traynor’s Bristol and Bath offices were appointed on 9th October.
Neil said, “All but two of the 24 staff have retained their jobs and early indications – including the fact that room bookings are running at a very high rate – mean that we are hopeful to secure a successful sale.”
For further details contact Simon Wells, Hotels Colliers International, on Bristol 0117 917 2000.
