CHARACTER FORMER PUB IN CENTRE OF POPULAR VILLAGE MUST BE SOLD - CLOSING DATE FOR OFFERS 11 JULY 2014
RAJ GARDEN RED LION 22 MARKET SQUARE TODDINGTON LU5 6BS
FREEHOLD FOR SALE OIRO
Located in centre of village Former public house occupying 0.14 acre site Residential conversion and alternative use potential (stp)
£300,000 +VAT
LOCATION
RATING ASSESSMENT
The large village of Toddington has a population of 4,500 and is situated 4 miles north of Dunstable.
We have been verbally advised by the local rating authority that the current assessment is as follows: Rateable value: £17,500 Rates payable 2014/15 £ 8,243 Interested parties are advised to verify these figures with Central Bedfordshire Council on 0300 300 8301.
The property is situated overlooking historic Market Square surrounded by similar character properties which are mix of local business and residential properties.
PROPERTY Detached character Grade II Listed public house with a car park to the rear. The property provides the following accommodation: Ground Floor
Main bar & dining area with character features Kitchen, store and WC’s
Basement
Beer cellar
1st Floor
Private accommodation comprising 3 rooms, kitchen and bathroom
External
Car park - 18 spaces & garage
From our inspection and digital mapping we estimate that the site and property provide the following areas: Site area
0.14 acre
567 sq m
Built Area
2,000 sq ft
186 sq m
Ground Floor Trading
1,166 sq ft
108 sq m
Ground Floor Ancillary
292 sq ft
27 sq m
1st Floor
684 sq ft
64 sq m
2,256 sq ft
210 sq m
TOTAL NET AREA
NB: The above measurements are provided for guidance purposes only and no reliance should be placed upon them when making any offer and for the avoidance of doubt Drake & Company will not be liable for any losses howsoever arising in law as a result of the bidder placing any reliance on such measurements.
LEGAL COSTS Each party is to be responsible for their own legal costs incurred in the transaction.
TERMS We are instructed to invite unconditional offers in the region of £300,000, excluding VAT for the benefit of our clients freehold interest with vacant possession.
CLOSING DATE Our clients have set a closing date for offers of 5:00 pm on Friday, 11 July 2014. Bid Form available on request. The successful purchaser will be expected to provide proof of funding and also be in a financial position to proceed to a swift exchange and completion.
VIEWING For further information or an appointment to view contact:
Warren Drake - 020 7495 7500
[email protected]