Acorn

Price:

Freehold - £200,000

Seller Ref:

1766

Location:

West Midlands

Business Type:

Pubs

See Other:

Pubs for sale in West Midlands
Pubs for sale in West Midlands

Description:

THE BUSINESS:

ALL OFFERS INVITED - Public house/development land for sale subject to an occupational tenancy until 31.05.12 @ at a current rent of GBP10,890 pa. In addition the purchaser will have the benefit of substantial additional income from beer sales. Unconditional offers are invited for our clients unencumbered interest. The property represents excellent value for continued licensed use / owner occupation. There is also enormous potential for redevelopment (residential / commercial / mixed use) subject to gaining the appropriate Local Authority consents. Rateable Value (01.04.10): GBP5,500 The existing use class of the property is A4 'Drinking Establishments'. Planning consent is not required to change the current use to A1 (shops), A2 (financial and professional services) or A3 (restaurants and cafes).