The Miners Arms is a well-established country pub situated on a generous 0.75-acre plot within the scenic Forest of Dean, Gloucestershire. With over 520 square meters of property, this venue presents significant renovation and investment potential. Currently operating successfully as a pub, it not only offers an established business but also has owner accommodation on-site for convenience.
The property features an existing holiday cottage that serves as an attractive rental option, with the possibility to convert the function room into a second holiday let. This could enhance income generation further in this area known for its year-round tourism. The spacious beer garden, spanning 0.2 acres, has the potential for additional residential development, potentially accommodating two houses, subject to planning approval.
Nestled in the village of Whitecroft near Lydney, The Miners Arms benefits from proximity to popular destinations such as Cheltenham, Gloucester, Bristol, and Cardiff — all within an hour's drive. This ideal location allows for easy access to urban amenities while enjoying rural charm.
From a development perspective, there are multiple avenues available without compromising the existing pub operations. The current two-bedroom holiday cottage is fully completed and offers an estimated gross development value (GDV) of around £300,000. Meanwhile, transforming the function room into a three-bedroom holiday rental could yield an additional GDV of approximately £250,000.
Internally, the pub hosts four distinct drinking and dining areas with seating capacity for up to 60 patrons and an additional 60 covers in the versatile function space that can accommodate music events for larger gatherings. Above the pub is a spacious two-bedroom owner's flat with attractive views.
Externally, the property showcases a large beer garden and car park capable of hosting around 20 vehicles. There are ample outdoor seating areas designed for comfort and enjoyment throughout various seasons.
Financially, The Miners Arms demonstrates strong stability with weekly sales averaging £10,000 and annual profits exceeding £150,000. Given that property values in this area are approximately £3,500 per square meter, this presents a compelling investment opportunity.
Overall, The Miners Arms combines operational viability with considerable renovation potential across multiple areas of development—making it a noteworthy prospect for both investors and developers looking to make their mark in this popular locale.