• Freehold available with benefit of vacant possession
• Rare public house refurbishment/development opportunity (STP)
• Large site extending to approximately 0.9 acres
• Suitable for a variety of different uses (STP)
• Detached, Grade II Listed building
• Approximately 60 internal covers
• Sizeable dedicated car park for c. 25 vehicles
• Very prominent location on busy A120

Property
The Red Lion is a detached, Grade II Listed building which is predominantly arranged over two storeys under a pitched tiled roof. The property requires refurbishment throughout.

The bar area is accessed from the front of the main building and provides around 36 covers. Male & female WCs are also present. The restaurant area is adjacent and serves a further c. 24 covers. To the rear of the property, there is a commercial trade kitchen and cellar, located at ground floor level.

The private accommodation is all situated at 1st floor level and consists of 2 double bedrooms, office and bathroom. A separate lounge/bedroom is accessed via a dedicated staircase.

To the eastern side of the property is a large trade garden, replete with children’s play area. To the rear of the property is an outbuilding which has been used for storage along with a fenced private garden. Car parking, for up to 25 vehicles, is available to the front and side of the property.

Overage

The sale of the freehold interest is subject to an overage provision of which around 4 years remain unexpired, subject to a 15% uplift in value, applying only to new build residential development on the whole site and excluding conversion of the existing building. The overage liability to occur either on the implementation of the permission or sale of the land with the benefit of permission.

Measurements
The area of the public house site is approximately 0.9 acres. The ground floor footprint (GEA) of the public house extends to 222m² (2,389ft²), including the rear outbuilding.
Measurements are taken from digital mapping and are approximate.

Planning
We are advised that the property is Grade II Listed but not situated within a Conservation Area. Prospective purchasers are advised to make their own enquiries to Colchester Borough Council at www.colchester.gov.uk

Fixtures & Fittings
There are no fixtures and fittings in the sale. The property is being offered in ‘shell’ condition.

The Business
No historical trading information is available. The vendor has not occupied the property and does not have knowledge of the former business and therefore does not have access to any accounts or trading information.

Rates & Charges
We understand the business should qualify for 100% small business rate relief (based on a Rateable Value of £5,200)
Council Tax: £1,341 per annum (Band A)