A vacant public house in excellent condition ready for new owner/landlord or investor

The current tenancy has just ended and although vacant the property now is ready for immediate occupancy by new owner occupiers. The Freehold property would also make a highly productive investment having previously been let for £18,000 per annum. There are two bar areas, a large function room, fully equipped kitchen, cellarage and a spacious managers flat. There are formal and private gardens and an area of additional parking which can be leased or purchased with the property if required. The surrounding area is mainly residential being situated on the former RAF Coltishall air base which has now mostly been sold into private ownership. This is an exciting and potentially highly productive business opportunity and viewing is highly recommended.

Tenure

Freehold

Accommodation

Reception areas, main bar and lounge, second bar and divisible function room, professional kitchen, male and female customer toilets, cellar. Managers flat with large living room/kitchen, double bedroom, bathroom.

Outside

Formal garden areas to front, enclosed pub gardens with bbq area. Enclosed garden area for manager. To the side of the property is an additional area of land which may be purchased for an additional £30,000 which could offer further parking or future redevelopment opportunities.

Business Rates

Rateable value from 1 April 2023 to present: £3,750

Viewings

Viewings can be arranged and the next date is Wednesday 24April. Please call the Norwich office to book.

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

North Norfolk District Council

Solicitors

Capron and Helliwell (Stalham), Ref: Christina Hartley-Hengist, Tel: 01692 583943

Additional Fees

Buyer's Premium - £960 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.