Melksham micropub building put on market for £115,000

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A building that is home to a popular community micropub has been put on the market as a £115,000 investment.

The freehold of 15 High Street in Melksham, home to The Hiding Place, is being marketed by Bath-based property agents CSquared with the pub in place as the tenant.

The sale would not impact this tenancy, which is set to run for nearly a full decade, with rent not due to be reviewed until 2029.

The property listing relates to the freehold rather than the sale of The Hiding Place business itself.

According to CSquared, the property produces an annual rental income of £10,250 and is let to LEMMS Ltd on a 10-year lease which began on December 2, 2025.

Shari and Max took over The Hiding Place in December last year and have since worked to establish what they describe as a "local in the heart of Melksham".

The bar and seating area inside The Hiding Place.The bar and seating area inside The Hiding Place. (Image: Rightmove)

They describe The Hiding Place as a community-driven micropub celebrating local and independent craft drinks from Wiltshire and further afield.

Its offering includes rotating craft beers, traditional real ales, Wiltshire and Somerset ciders, wines and spirits, as well as locally sourced coffee.

The venue also hosts community events and is available for private gatherings, including birthday parties, work events and small celebrations.



CSquared's particulars state that LEMMS Ltd's lease runs for 10 years from December 2025, with a tenant break in December 2030.

Rent reviews are due in December 2029 and December 2033.

The property provides 1,047 sq ft across two floors, including seating areas on both levels. (Image: Rightmove)

The property agent describes the building as offering a "high-yielding investment at a modest lot size", with just over nine years remaining on the lease.

Based on the £115,000 asking price and stated annual rent of £10,250, the property has a gross rental yield of around 8.9 per cent before costs.

CSquared says the two-storey property has an internal floor area of 1,047sq ft.

The ground floor includes a bar and seating area at the front, with a cellar and further storage and staff accommodation behind.

Upstairs is another open-plan seating area as well as ladies' and gents' toilets.

According to the marketing particulars, the premises has traded as a pub since planning permission for a micropub was granted in 2019.

CSquared says the property is within the Melksham Conservation Area and the town's primary retail frontage, with Church Street car park to the rear.

Planning permission allows the premises to be used for a mixture of retail and drinking establishment purposes.

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