3 Storey Pub in Gloucestershire Town Centre. Main Bar, Restaurant and Courtyard Garden

  • Freehold Price: £350,000
Tetbury, Gloucestershire, England
Seller Ref:TETBURYG
For Sale

3 Storey Pub in Gloucestershire Town Centre. Main Bar, Restaurant and Courtyard Garden

Tetbury, Gloucestershire, England
Seller Ref:TETBURYG
  • Freehold Price: £350,000

Overview

Seller Ref: TETBURYG

Description

• Substantial 3 Storey Character Property
• Affluent Market Town Location
• Available with Vacant Possession
• Open plan bar and dining areas (40)
• 2 Bedroom Private Accommodation above
• Courtyard garden (60) & Outbuildings
• Commercial trade kitchen and basement cellar
• Rear skittle alley, subject to fire damage
• Unconditional Offers Only. Property is ‘Sold as Seen’
• Registered as an Asset of Community Value

Property
The property is a substantial mid-terrace, 3- storey property, with single storey extensions, under a pitched roof, located a short walk from the main town centre.

The ground floor provides a largely open plan ground floor trade area with bar servery, dining area (30), bar area (10), plus pool/games area leading to theatre style commercial trade kitchen to the side.

A sizeable cellar is situated at basement level.

Externally to the side and rear there is a courtyard/patio and space for around 60 covers in total, along with skittle alley to the rear, which is a lean-to structure, which has been subject to fire damage. The property is being ‘sold as seen’.

The pub has two large double bedrooms, living room, bathroom and domestic kitchen. There is also a dry store area which could be used as an office if desired. There is both internal access and street access to the right-hand side of the property from Hampton Street.

Measurements
The area of the site is 0.151 acres and the ground floor footprint (GEA) of the public house and all outbuildings extend to 4,723ft2 (439m2). Measurements are taken from digital mapping and are approximate.

Planning
The Greyhound is not Listed but does fall within Tetbury Conservation Area and within AONB. The property was listed on the register of nominated Assets of Community Value on 20th July 2020 for a 5-year period, expiring on 19th July 2025.

Tenure
Freehold available with the benefit of vacant possession, on a ‘sold as seen’ basis, seeking unconditional offers (save for Vacant Possession & Contract) in excess of £375,000 plus VAT.

Fixtures & Fittings
No fixtures and fittings will be warranted with this sale and an inventory cannot be provided. The property is being ‘sold as seen’ and any items left on the day of completion will be inherited
by the purchaser excluding any third party items such as games machines or beer raising equipment.

The Business
The pub is no longer trading. The vendor has not occupied the property and does not have any historical knowledge of the day to day running of the business and therefore does not have access to any accounts or trading information.

Rates & Charges
The Rateable Value effective from 1st April 2023 has been assessed as £6,000. The premises may qualify for Small Business Rates Relief in which case the non-domestic rating liability may be nil subject to the ratepayer occupying only one property for the purposes of business.

Location Details:
Tetbury is historic market town in the Gloucestershire well situated as a centre for touring the Cotswolds, as it is 10 miles from Cirencester, 5 miles from Malmesbury and gives easy access to Bath by car or bus. The population of Tetbury was 6,453 according to the 2021 Census.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
Yes
Is this In administrative/receivership:
No
Is stock included:
NA

Listed By:

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