Public Houses for sale in Stowmarket

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Freehold - Popular Community Pub in Stowmarket Town Centre

Stowmarket, Suffolk, England

  • Freehold Price: £225,000
Seller Reference: STOWMARKETC
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Business Description
 
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Seller Reference: STOWMARKETC
Request Details
Business Description
• Town Centre Location
• Close to Railway Station (London - Norwich Line)
• Well Supported Community Pub
• Wet Led Trade
• Popular Karaoke Bar
• Potential to Introduce Modest Food Trade
• Ideal Bolt On Opportunity or First Pub Purchase

Property
The Crown is predominantly a two-storey brick built property situated on the corner of Crown Street and Regent Street. It has a pitched slate roof.

The internal trading area benefits from a large single bar. This adaptable, open plan space has led to the Crown styling itself as "Stowmarket's number one karaoke pub". There's regular live music on Saturday evening. The bar area is supported by a fair trade kitchen, beer cellar and male & female WCs.

We are advised the private accommodation is all situated at first floor level and incorporates three bedrooms.

Externally, there is a trade courtyard to the rear along with a detached single garage.

Measurements
The area of the site is 217m². The ground floor footprint (GEA) of the public house building extends to 1,453ft².

Measurements are taken from digital mapping and are approximate.

Planning
The property is not Listed, nor situated within a Conservation Area.

Those enquiring with regards possible change of use should contact Mid Suffolk County Council - https://www.midsuffolk.gov.uk/

Tenure
Freehold for sale with the benefit of vacant possesion

Fixtures & Fittings
All fixtures and fittings that remain on site at the time of sale will be included, save for certain 3rd party items. An inventory will not be provided.

The Business
The business is open and trading. Our client does not have access to historic trading information.

Rates & Charges
Rateable Value: £3,800. The business is eligible for 100% small business rate relief.

*The government has introduced a business rates holiday for retail, hospitality and leisure businesses in England for the 2020-2021 tax year.

Council Tax: Band 'A'.
Location Details:
Stowmarket is the largest town in the district of mid Suffolk with a population of approximately 20,000 and it sits conveniently on the major trunk road of the A14 equidistant between Ipswich and Bury St Edmunds. With excellent rail links to London Liverpool Street (1h 25mins), Cambridge (1h 10mins) and Norwich (35mins), the town is expanding fast with many new local developments on the market.
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