An investment opportunity to acquire a mixed use premise, public house with tenant in-situ a detached Grade II listed barn and detached studio
Not available everyday this unique investment opportunity offers firstly an established public house with large accommodation above. Currently tenanted on a five year contract expiring in August 2021 providing £20,800 pa with further revenues linked to pub. The tenants of the pub have expressed their wish is to renew their lease. The pub is located on the main A140 in the village of Long Stratton 10 miles south of Norwich. Linked to the pub by a shared access is a mixed use premises currently all used for a hairdresser salon with beauty rooms above. This could stay as one large commercial unit or with a little alteration could offer a commercial retail premise, studio flat and on the first floor a generous two bedroom flat, subject to planning permission. In immaculate order throughout this is ready to be leased immediately. To the rear of the both these premises is a large carpark providing ample parking and with the grounds is a gated detached Grade II listed barn with lapsed planning permission by a few months. Plans were submitted and the planning reference number is 2017/2614 and approved on 16/01/18. Tucked between the rear of the hairdressers and the barn is a detached one bedroom studio. Formerly the old sorting room, this studio has residential use and has the potential income of £6,600 pa. This is a great opportunity for a keen investor and we strongly recommend making an appointment to view.
Energy Efficiency Rating (EPC)
Current Rating - please refer to Legal Pack
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
South Norfolk Council. Tel: 01508 533701
Hayward Moon, 87 Whiting Street, Bury St Edmunds, IP33 1PD, Ref: Nicholas Moon, Tel: 01284 727290
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1140 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.