09 September 2013

Historic pub swans into a new phase

The new owners of the Olde Swan Hotel in Chertsey aren’t the first to fall for the building’s period charm or the affluent old town where it nestles among shops, restaurants, cafes and pubs – it’s origins date back to 1595 and was an important coaching inn for several centuries.

It’s now starting on a new chapter of its long life, after being sold to McLean Inns by licensed leisure specialists AG&G, off a guide price of £625,000.

McLean Inns is a family-run group with pubs in London and the south east – the Olde Swan brings it to seven sites, most of which offer homely B&B accommodation as well as food and drink.

The Olde Swan’s heritage shows in its mix of architectural styles – and the outbuilding and parking to the rear. There is also a trade patio / garden on its 910 square metre site.

Inside, is a split level trade area, two-bedroom manager’s accommodation and eight en suite bedrooms, which are popular with tourists and people wanting a characterful stopover on their way to and from Heathrow.

“It’s always a pleasure to see a pub with such a history continue to serve its area as it always has done,” says AG&G’s Michael Penfold. “The Olde Swan was built to offer hospitality – and provide a good business, and that’s what it will continue to do.”

For further information, contact Michael Penfold on 020 7836 7826 or e-mail michael@agg.uk.com

AG&G are chartered surveyors specialising in the licensed leisure industry, with the skill and experience needed to value, assess or promote a property not simply as bricks and mortar but as a business. If it involves the price of a licensed premises, its profitability, rental value, investment prospects or value in a dispute, AG&G can help.

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