V Bar

Price:

Freehold - £575,000

Seller Ref:

2347

Location:

Hampshire

Business Type:

Pubs

See Other:

Pubs for sale in Hampshire
Pubs for sale in Hampshire

Description:

THE BUSINESS:

Freehold Public House For Sale In Portsmouth, Hampshire. LOCATION The pub is located on Guildwalk in the heart of Portsmouth City Centre and is close to the open spaces of Victoria Park and Portsmouth University. Local transport links can be found at Portsmouth & Southsea Station. Gunwharf Quays and the Royal Navel Museum. PROPERTY Large open trading area on the ground floor and a bar and function room on upper levels. We are advised that the private accommodation is of a good size comprising a lounge, kitchen, 3 bedrooms and a bathroom. There is also an office in the basement (next to cellar). FURTHER INFORMATION Offered with full vacant possession Approx gross site area: 2,270 sqft* Approx ground floor area: 2,057 sqft* Rateable Value: GBP46,000 All unconditional offers are invited for our clients unencumbered interest. The property represents excellent value for continued licensed use / owner occupation. There is also potential for redevelopment (residential / commercial / mixed use) subject to gaining the appropriate Local Authority consents. 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). Please note that VAT may be applicable in this matter.