Former medieval watermill and one of South Yorkshire's oldest pubs to go under the hammer
A popular Barnsley pub with over 800 years of history is set to be auctioned later this month
One of South Yorkshire’s oldest pubs is set to go under the hammer this month.
The Mill of the Black Monks pub, which is based on Grange Lane in Barnsley, has a storied history which spans 876 years.
The historic property was constructed in 1150 as a watermill by monks from nearby Monk Bretton Priory before going into private ownership after Henry VIII’s dissolution of the monasteries in the 1530s.
It continued to be a working mill for hundreds of years before being restored by award-winning local architect Malcolm Lister in the 1980s.
Now a popular bar and restaurant, The Mill of the Black Monks still has many original architectural features, including open-beamed roofs, original fireplaces, the iron pulley system from its original millstones and centuries-old graffiti left by former millers.
However, it could soon find itself in new ownership with the current tenant coming to the end of his 10-year-lease. The pub is set to be auctioned off later this month with a guided price of £300,000.
Bidding is set to open on Monday July 27 before closing the following day.
Adrian Little, director and auctioneer at BTG Eddisons Property Auctions, said: "The historic Mill of the Black Monks really is a unique investment opportunity, combining a successful, well-established business with long-term potential.
“Because it is occupied by an existing tenant on a 10-year lease, an investor will secure immediate, stable yields from day one. The separate stone-built house, which could be used as a holiday let, manager's accommodation, or for further expansion, also makes this property far more than just a standard real estate asset.
He added, “Situated less than three miles from Barnsley town centre and close to the major road networks, it is really well located and its amazing heritage and trading history mean that we expect to see significant interest when it comes to auction.”
For more details on the property, as well as viewing arrangements and bidding information, go to www.btgeddisonspropertyauctions.com.