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    Key features

    • To be offered on Wednesday 29 May
    • Comprises Substantial Public House with staff accommodation on the upper floors
    • Planning permission granted for 9 x Residential Flats
    • Approximate Floor Area of 801.50 sq. m. (8,628 sq. ft.) over Ground, First and Second Floors
    • Popular coastal resort and University Town
    • Located in busy leisure pitch with high concentration of student accommodation nearby
    • Of interest to owner occupiers or developers
    • VAT Free Opportunity

    Description

    The property, a substantial and prominent former public house provides ground floor sales with additional seating and sales areas to the first floor. The second floor comprises a former two bedroom managers flat and a one bedroom staff flat. The property also benefits from a forecourt fronting Holdenhurst Road which formerly provided additional outside seating.

    Additional information

    Tenure

    Freehold.

    Accommodation

    Please note the approximate areas have been provided by the VOA/Vendor and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.


    Ground - 334.67 sq m (3,601 sq ft)

    First - 331.41 sq m (3,556 sq ft)

    Second - 135.78 sq m (1,461 sq ft)


    Total - 801.50 sq m (8,628 sq ft)

    Tenancy

    Vacant

    Planning

    Planning permission was granted on 22/12/2023 by BCP Council under ref 7-2023-10346-J for the erection of a second floor side extension, internal alterations and conversion of the first floor from leisure use (Use Class Sui Generis) to form 9 x residential flats with associated access, bin and cycle storage, and the conversion of the ground floor from a bar/nightclub (Sui Generis) to a commercial space (Use Class E).

    Rent

    Vacant
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      EPC rating

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      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.

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