The Castle

A 'warts & all' account of the transformation of a run-down pub in Bradford-On-Avon into a 'proper' Inn (food pub with rooms). Written by Alex Reilley & Pierre Woodford

Thursday, November 09, 2006

The valuation

As the summer just seems to get more hectic news comes in that the valuation report is with the bank. So what's it worth we all wonder? £450k is the answer (god our guts must be good). In addition to the magic figure you also get a very comprehensive report, that tends to include stacks of info that you already know, like where the pub is, the fact that it trades as a pub, that sort of thing. However there are also some really positive comments in the report & a suggestion that significant value can be added to the property.

So bank, how much are you going to lend us? We get the usual referral to some bloke upstairs who seems to decide on everything & wait.


At 7:35 AM GMT, Blogger mardigrasjazz said...

Well, this looks very interesting.
When is it going to open?


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