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    Key features

    • To be offered on Tuesday 27th January
    • A freehold recently public house investment
    • Recently refurbished
    • Two bedroom apartment to the rear
    • Grounds / garden of approximately 2.5 acres
    • Grounds have been used for special events and camping
    • Investment opportunity
    • Previous planning permission for 7 mobile lodges
    • By order of the LPA Receivers

    Additional information

    Tenure

    Freehold

    Accommodation

    The property has not been inspected by the auctioneers and interested parties must verify the accommodation for themselves.

    Ground floor - Bar area, Restaurant area, Kitchen, WC's

    First floor - Ancillary / residential

    Rear - Two bedroom flat

    Outside - Patio areas with seating, Childrens Playground, Parking and a grassed area with separate access.

    Tenancy

    Let on a 5 year lease from 14/06/2024 at a rental of £60,000 per annum.

    Planning

    Planning permission was granted on the 4th June 2021 for the conversion of the existing caravan site to the northwest for 7 mobile lodges attached to serves (waste, water, electricity). It is unclear presently if the planning is extant or lapsed, purchasers will have to rely on their own enquiries

    Rent

    £60,000 per annum.

    Notes

    A bidder security of £10,000 is required in order to bid on this property, to be provided in the form of funds transferred to Savills Auctions. Please email sophie.gaffikin@savills.comfor further information.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Situated to the north side of The Street, close to the junction with Pristow Green Lane.

      An attractive rural location, to the south side of the village.

      The pub serves an affluent demographic with limited other competition.

      The village of Diss is approximately 5 miles to the south and provides local amenities.


      Transport

      Diss Station - National Rail

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums