Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a freehold former pub situated on a large site and with potential for asset management or redevelopment (subject to obtaining the requisite consents).
The property is currently arranged as a public house with a first floor, three bedroom, managers flat and occupies a large site of 0.51 acres (0.205 hectares).
The property could be suitable for redevelopment to provide alternative uses, including residential, subject to obtaining the requisite consents.
Furthermore, the property presents an opportunity to create a mixed use investment, and we understand an offer has been received from One-Stop, requesting a lease for a term of 15 years at a rent of £30,000 per annum on the basis that an occupiable unit is delivered.
The property is located in an established residential area, and therefore other potential schemes could include residential development or development of complimentary commercial uses such as a convenience store or supermarket.
Tenure
Freehold