FOR SALE Public House / Development Opportunity - Rapleys

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FOR SALE Public House / Development Opportunity rapleys.com 0370 777 6292

CONTACT

Alun Jones 07917 536612 | [email protected]

Avon Mill Tavern, 104 Newbold Road Rugby CV21 1DH

Close to town centre Busy road with approximately 26,000 vehicle movements per day Suitable for a variety of alternative uses, subject to planning For sale freehold Site area approximately 0.38 hectare (0.94 acres) Closing date for offers 12pm Wednesday 21 June 2017

FOR SALE Public House / Development Opportunity rapleys.com 0370 777 6292

CONTACT

Alun Jones 07917 536612 | [email protected]

Avon Mill Tavern, 104 Newbold Road Rugby CV21 1DH

Location The site is situated in Rugby and is approximately 0.9 miles north of Rugby town centre. Rugby is a market town in Warwickshire with a population of approximately 70,628 (2011 census). Road: The site is located on Newbold Road (A426) which connects directly to Rugby town centre to the south and the M6 to the north.

Rail: Rugby train station is situated approximately 0.7 miles from the site, which provides direct services into London Euston and Birmingham New Street. Air: Birmingham Airport is located approximately 25 miles to the west of the site and East Midlands Airport is approximately 36 miles to the north of the site.

FOR SALE Public House / Development Opportunity rapleys.com 0370 777 6292

CONTACT

Alun Jones 07917 536612 | [email protected]

Avon Mill Tavern, 104 Newbold Road Rugby CV21 1DH

Description The property has been operating as a public house until very recently and is available with vacant possession. The building is of brick construction and is over 2 storeys. There is an outside children’s play area to the rear of the property. Car parking with approximately 50 spaces is provided around the perimeter of the building. The site extends to approximately 0.94 acres (0.38 hectare) and falls within the jurisdiction of Rugby Borough Council. The property is not listed or within a Conservation Area. Hunters Lane Industrial Estate is located directly to the east and north east of the site. The River Avon lies to the north and west of the site. Junction One Retail Park is located in close proximity to the site which includes occupiers such as Cineworld, Homebase, Currys PC World, Wickes, Matalan, KFC, Subway and McDonalds. According to the Environmental Agency website, the site lies within flood zone 2. Parties should carry out their own investigations. Tenure The property is for sale freehold with vacant possession. Rating We are advised that the Rateable Value for the property is £9,400 under the use Public House and premise. The UBR for 2017/18 is 46.6p in the £ for the small business multiplier. Interested parties are advised to make their own enquiries to the local authority regarding the rates liability and any reliefs that may be available. Further information is also available on www.gov.uk/calculate-your-business-rates.

FOR SALE Public House / Development Opportunity rapleys.com 0370 777 6292

CONTACT

Alun Jones 07917 536612 | [email protected]

Avon Mill Tavern, 104 Newbold Road Rugby CV21 1DH

Terms The property will be sold by way of informal tender (unless sold prior) and unconditional offers for the freehold interest are invited. Closing date for offers is 12pm on Wednesday 21 June 2017. All submissions should include the following information: •

Details of any conditions attached to the offer



Confirmation of funding



Confirmation of Board approval for the offer if applicable



Proposed timescales for exchange and completion



Details of any overage proposals offered



Track record of the developer and project team.

Our client reserves the right not to accept the highest or any other offer received. Offers should be submitted via email to Alun Jones. Energy Performance Energy Performance Asset Rating: D. VAT All figures quoted are exclusive of Value Added Tax which will be charged at the prevailing rate. Viewing Viewings are strictly by appointment. Please contact the sole selling agents to make an appointment.

Rapleys LLP is registered as a Limited Liability Partnership in England and Wales. Registration No: OC308311. Registered Office at Falcon Road, Hinchingbrooke Business Park, Huntingdon, PE29 6FG. Regulated by RICS. Any maps are for identification purposes only and should not be relied upon for accuracy. Reproduced by permission of Geographers A-Z Map Co. Ltd. Licence No. A0203. This product includes mapping data licensed from Ordnance Survey - © Crown Copyright 2001. Licence No. 100017302 and © Crown Copyright, All rights reserved. Licence No. ES 100004619. Misrepresentation Act: These particulars are produced in good faith and believed to be correct. Neither Rapleys, their joint agents (where applicable) or their client guarantees their accuracy and they are not intended to form any part of a contract. No person in the employment of Rapleys or their joint agents has authority to give any representation or warranty in respect of this property. All prices or rents are quoted exclusive of VAT. These particulars were produced in May 2017.