Property Description

A freehold public house located along Chapel Street occupying a prominent position and well known within the community. Offered with vacant possession upon completion. We are advised the pub was trading very successfully until recently and offers scope to reopen with minimal works. The property benefits from living accommodation above comprising a 5 bedroom apartment with own separate entrance. We feel with some works this could be converted into a HMO, used for Airbnb or provide accommodation for owner wishing to run the business below subject to any necessary consents. Local rents for HMO are circa £120p/w within the area and apartments let for circa £1000pcm. Planning or permits may be required and interested parties are advised to carry out their own diligence. We have been advised the premises benefits from small business relief. Interested parties are advised to inspect the Valuation office agency website and contact the local council for more information.

Ground Floor:

Comprising -

Bar Lounge Area

142.7sq.m (1,536 sq.ft)

Rear Bar Area

148 sq.m (1,593 sq.ft)

Kitchen

39 sq.m (420 sq.ft)

First Floor:

Comprising -

Accommodation

142.7 sq.m (1,536 sq.ft)

Kitchen Storage

39 sq.m (420 sq.ft)

Ground Floor Footprint

329.7 sq.m (3,549 sq.ft)

Gross External Area

511.4 sq.m (5,504 sq.ft)

Planning

We understand the existing planning use is public house or bar (formerly A4) now Sui Generis. The property is Grade II Listed and falls within the conservation area so any development would need to be sympathetic to the existing building.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure

Freehold

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