Somerset’s Red Post Inn reduces asking price

The Red Post Inn in the village of Peasedown Saint John in North Somerset, has been made available for a reduced price of £550,000.

The large wet-led pub offers a sports bar and a lounge bar, with a large beer garden. It also offers a private function room with capacity for up to 70, a skittle alley, and six bedrooms historically used as owner accommodation.

Of the six bedrooms, three on the first floor plus a large communal fitted kitchen and utility room. Further stairs to the second floor landing with three further rooms and a large communal shower room with toilet and wash hand basin.

There is scope to introduce a food offering and develop letting accommodation, subject to planning consents. The pub posted an adjusted net profit of around £183,000 for the year ended 30 September 2024.

The spacious pub car park has a wide entrance easily accessed off the A367. There is a large lawned area to the rear which has previously sited a marquee and a barbeque. An outbuilding with a sloping pitch roof that may have scope for conversion to a letting.

Peasedown Saint John is around five miles south of the historic city of Bath and within easy reach of Bristol, Frome and Wells.

Graeme Clifford, business agent at Christie and Co, is managing the sale and said: “This is a well-established and profitable pub with a loyal customer base and consistently strong wet sales. The sale comes as part of a genuine retirement move, offering incoming operators the chance to build on a solid foundation and take this popular and successful venue to the next level.”