Investment Properties for sale in Warminster

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Public House/Development opportnity

Warminster, Wiltshire, England

  • Price: £350,000
Seller Reference: JB
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Business Description
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: JB
Request Details
Business Description
The John Barleycorn is a former licensed property in need of renovation and boasts huge potential for a number of uses, subject to any necessary consent.

Internally, the principal accommodation is arranged over three floors comprising a series of ground floor former bar and lounge areas and ancillary areas including kitchen, WCs etc. The first and second floors comprise former letting rooms/owners accommodation. There is also a large basement area with ample head height.

To the rear of the property, link attached, is a further two storey building comprising WC’s and ground and first floor former function rooms.

It is in need of complete renovation and improvement throughout but offers a blank canvas for a number of potential uses, subject to gaining the necessary consents. Potentially suitable to return to a pub but may offer extensive office accommodation or even conversion to residential use.

The vendor has had plans drawn for a scheme of twelve 1 bedroom flats, which are estimated and may provide rental income of £81,000 per annum once developed and fully let. Copies of the plans are available upon request.

Externally there are two modest courtyards to the rear of the principal building. Means of fire escape will also be retained to an area at the rear.

The building is Grade II listed with a striking stone façade fronting Weymouth Street.
Location Details:
Warminster
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