freehold public house - Realla
FREEHOLD PUBLIC HOUSE The Milbury’s Public House, Beauworth, Nr Winchester, Hampshire, SO24 0PB
Freehold: Offers in excess of £1,000,000
COMMERCIAL www.charterscommercial.co.uk
FREEHOLD PUBLIC HOUSE
Accommodation
• • • • • •
Internally, the trade areas comprise: • Main bar and dining rooms (120 covers) • Skittle alley • Bed and breakfast letting room • 3 bedroom owner’s accommodation
Freehold Hampshire public house Wealth of character features including water well and former treadmill Occupying a substantial plot of circa 2 acres Multiple trading areas (120 covers) Grade II listed 18th century property Potential for further development subject to planning permission
Freehold: Offers in excess of £1,000,000
Location The Milbury’s Public House occupies a dominant position at an intersection of the South Downs Way in the village of Beauworth, which is approximately 7.3 miles (11.7 km) to the east of Winchester and 5.6 miles (9 km) directly south from the market town of Alresford. On the western edge of the South Downs National Park, the area is a popular destination for walkers and cyclists and the public house forms a natural local centre for the farming and rural community.
Description This is a three storey public house which has a number of single and double storey extensions to the side and rear of the property. The property is Grade II listed, with 18th century and 19th century features including its own internal water well and a feature 4 metre diameter treadmill still in situ within the pub dining room. The public house has multiple trading areas, with function rooms and its own skittle alley. Overall, the site area is in excess of 2 acres providing ample parking spaces and a popular pub garden with spectacular views over the local landscape.
The Business This beautiful public house was acquired by our clients six years ago and has been successfully trading as a destination Freehouse, enjoying a strong lunchtime and evening trade with a 50/50 trade split between wet and food sales. Trade is drawn from the immediate and surrounding areas and is further enhanced by walkers, cyclists and the rural farming community. Full trading information will be provided to seriously interested parties following a formal viewing of the property. In our opinion, this represents an excellent opportunity to acquire a freehold public house with significant scope for further development. All trade fixtures and fittings will be included within the sale and an inventory will be supplied.
Site Area We note that the Milbury’s Public House occupies a site area of just over 2 acres. Potential exists to further redevelop the property, with the addition of letting rooms. Our clients have also reached agreement on a development in principle for two self contained holiday cottages through conversion of, and extension to, the existing pub property. As a Grade II Listed building, any redevelopment would need to be sympathetic to the existing structure. Offers are also invited on a subject to planning basis, should prospective purchasers wish to explore the potential for redevelopment of this property further.
Tenure
Legal Costs and VAT
The Milbury’s Public House is for sale on a freehold basis with offers invited in excess of £1,000,000.
Each party is expected to bear their own legal costs in this transaction. All prices quoted may be subject to VAT provisions.
Business Rates
Viewings
The subject property is listed in the 2010 rating list as having a rateable value of £9,500. The standard rate multiplier for 2015/16 is £0.493. Further relief may be available. For further information on rates please refer to the Local Authority.
No direct approach is to be made to the current occupiers. All enquiries and appointments to view must be made via Charters Commercial on 01962 888900.
COMMERCIAL
First Floor, Winchester House, Kingsworthy SO23 7QF T: 01962 888900 F: 01962 830881 e: [email protected] www.charterscommercial.co.uk Disclaimer Property Details: These particulars whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. We have not carried our a detailed survey nor tested the services appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings. The measurements given are approximate. No person in this firms employment has the authority to make or give any representation or warranty in respect of the company.
Freehold: Offers in excess of £1,000,000
COMMERCIAL www.charterscommercial.co.uk
FREEHOLD PUBLIC HOUSE
Accommodation
• • • • • •
Internally, the trade areas comprise: • Main bar and dining rooms (120 covers) • Skittle alley • Bed and breakfast letting room • 3 bedroom owner’s accommodation
Freehold Hampshire public house Wealth of character features including water well and former treadmill Occupying a substantial plot of circa 2 acres Multiple trading areas (120 covers) Grade II listed 18th century property Potential for further development subject to planning permission
Freehold: Offers in excess of £1,000,000
Location The Milbury’s Public House occupies a dominant position at an intersection of the South Downs Way in the village of Beauworth, which is approximately 7.3 miles (11.7 km) to the east of Winchester and 5.6 miles (9 km) directly south from the market town of Alresford. On the western edge of the South Downs National Park, the area is a popular destination for walkers and cyclists and the public house forms a natural local centre for the farming and rural community.
Description This is a three storey public house which has a number of single and double storey extensions to the side and rear of the property. The property is Grade II listed, with 18th century and 19th century features including its own internal water well and a feature 4 metre diameter treadmill still in situ within the pub dining room. The public house has multiple trading areas, with function rooms and its own skittle alley. Overall, the site area is in excess of 2 acres providing ample parking spaces and a popular pub garden with spectacular views over the local landscape.
The Business This beautiful public house was acquired by our clients six years ago and has been successfully trading as a destination Freehouse, enjoying a strong lunchtime and evening trade with a 50/50 trade split between wet and food sales. Trade is drawn from the immediate and surrounding areas and is further enhanced by walkers, cyclists and the rural farming community. Full trading information will be provided to seriously interested parties following a formal viewing of the property. In our opinion, this represents an excellent opportunity to acquire a freehold public house with significant scope for further development. All trade fixtures and fittings will be included within the sale and an inventory will be supplied.
Site Area We note that the Milbury’s Public House occupies a site area of just over 2 acres. Potential exists to further redevelop the property, with the addition of letting rooms. Our clients have also reached agreement on a development in principle for two self contained holiday cottages through conversion of, and extension to, the existing pub property. As a Grade II Listed building, any redevelopment would need to be sympathetic to the existing structure. Offers are also invited on a subject to planning basis, should prospective purchasers wish to explore the potential for redevelopment of this property further.
Tenure
Legal Costs and VAT
The Milbury’s Public House is for sale on a freehold basis with offers invited in excess of £1,000,000.
Each party is expected to bear their own legal costs in this transaction. All prices quoted may be subject to VAT provisions.
Business Rates
Viewings
The subject property is listed in the 2010 rating list as having a rateable value of £9,500. The standard rate multiplier for 2015/16 is £0.493. Further relief may be available. For further information on rates please refer to the Local Authority.
No direct approach is to be made to the current occupiers. All enquiries and appointments to view must be made via Charters Commercial on 01962 888900.
COMMERCIAL
First Floor, Winchester House, Kingsworthy SO23 7QF T: 01962 888900 F: 01962 830881 e: [email protected] www.charterscommercial.co.uk Disclaimer Property Details: These particulars whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. We have not carried our a detailed survey nor tested the services appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings. The measurements given are approximate. No person in this firms employment has the authority to make or give any representation or warranty in respect of the company.
