For Sale By Auction | 11:00, 11 September 2019 | Lot 31

The Albert Tavern, 20 - 21 Southgates Road, Great Yarmouth, NR30 3LJ

Sold £150,000

  • Pub
  • 4 Bedrooms
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 11/09/2019

Auction Time

11:00

Auction Venue

The Sunningdale Suite Dunston Hall Hotel, Ipswich Road, Norwich, NR14 8PQ

Viewing Times:

Thu 29 Aug

15:15-15:45

Thu 5 Sep

15:15-15:45

Large public house with managers flat and further letting rooms

This well presented public house will be sold with vacant possession as the existing lease is coming to an end. The property, which has been well cared for by the current occupiers, benefits from a large managers flat with a further fully self contained one bedroom flat and two bedrooms with en-suite facilities which could provide significant added income or together with a shared lounge and kitchen could provide a further self contained two bedroom flat. The property also offers further development potential (subject to planning) and a choice of continuing with the business as an owner occupier or as an investment. Currently the property was let for £22,000 pa. and is well located close to the harbour, town centre and highly populated residential areas.

Tenure

Freehold

Ground Floor

Public bar, lounge bar, kitchen, store, toilets, cellar

First Floor

Landing, office Two bedrooms with en-suite shower rooms, shared lounge and kitchen (possible bedroom) Managers flat: Private hall, lounge, kitchen, double bedroom, bathroom Flat 1: Lounge, kitchen, bedroom, bathroom

Outside

Enclosed terrace area, outside store.

Business Rates

The current Rateable Value is £3,325

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

Great Yarmouth Borough Council

Solicitors

HKB Wiltshires, 21 Hall Quay, Great Yarmouth, NR30 IHN, Ref: Alistair Low, Tel: 01493 855676

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £900 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.