Stevenage The Mallard
PUB FOR SALE ON 0.22 ACRE SITE - DEVELOPMENT POTENTIAL
THE MALLARD 37 JULIANS ROAD STEVENAGE SG1 3ES FREEHOLD FOR SALE
●
Pub on 0.22 acre corner site close to Stevenage Old Town
● Development and/or alternative use opportunity ● Rental income from outbuildings ● Closing date for offers 27 January 2015
OIRO £385,000 +VAT
LOCATION
Stevenage is a new town in Hertfordshire with an estimated population of 80,000. It is situated to the east of junctions 7 and 8 of the A1(M) and is between Letchworth to the north and Welwyn Garden City to the south. The property occupies a prominent corner location in a mixed use area close to Stevenage Old Town.
RATING ASSESSMENT
We have been verbally advised by the local rating authority that the current assessment is as follows: Rateable value:
£11,750
Rates payable 2014/15
£ 5,534
Interested parties are advised to verify these figures with Stevenage Borough Council on 01438 242242.
LEGAL COSTS
PROPERTY
The two storey detached corner property is brick built under a pitched roof providing the following accommodation:
Each party is to be responsible for their own legal costs incurred in the transaction.
Ground Floor
Open plan trading area store room & WC’s
CLOSING DATE
Basement
Beer cellar
1st Floor
5 rooms, bathroom & WC
External
Car park with 10 spaces Trade garden Self contained business units
Our clients have set a closing date for offers of 27 January 2015. Bid Form available on request.
From our inspection and digital mapping we estimate that the site and property provide the following areas: Site area
0.22 acre
890 sq m
Built Area
1,860 sq ft
173 sq m
Ground Floor Trading
1,024 sq ft
95 sq m
Ground Floor Ancillary
360 sq ft
33 sq m
Basement
150 sq ft
14 sq m
1st Floor
810 sq ft
75 sq m
2,344 sq ft
218 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.
RENTAL INCOME
Interested parties are advised that there is rental income from the self-contained business units. Full tenure information available on request.
TERMS
We are instructed to invite unconditional offers in the region of £385,000, excluding VAT for the benefit of our clients freehold interest with vacant possession of the pub and subject to the leases for the business units.
VIEWING
For further information or an appointment to view contact: Warren Drake on 020 7495 7500 or [email protected]
THE MALLARD 37 JULIANS ROAD STEVENAGE SG1 3ES FREEHOLD FOR SALE
●
Pub on 0.22 acre corner site close to Stevenage Old Town
● Development and/or alternative use opportunity ● Rental income from outbuildings ● Closing date for offers 27 January 2015
OIRO £385,000 +VAT
LOCATION
Stevenage is a new town in Hertfordshire with an estimated population of 80,000. It is situated to the east of junctions 7 and 8 of the A1(M) and is between Letchworth to the north and Welwyn Garden City to the south. The property occupies a prominent corner location in a mixed use area close to Stevenage Old Town.
RATING ASSESSMENT
We have been verbally advised by the local rating authority that the current assessment is as follows: Rateable value:
£11,750
Rates payable 2014/15
£ 5,534
Interested parties are advised to verify these figures with Stevenage Borough Council on 01438 242242.
LEGAL COSTS
PROPERTY
The two storey detached corner property is brick built under a pitched roof providing the following accommodation:
Each party is to be responsible for their own legal costs incurred in the transaction.
Ground Floor
Open plan trading area store room & WC’s
CLOSING DATE
Basement
Beer cellar
1st Floor
5 rooms, bathroom & WC
External
Car park with 10 spaces Trade garden Self contained business units
Our clients have set a closing date for offers of 27 January 2015. Bid Form available on request.
From our inspection and digital mapping we estimate that the site and property provide the following areas: Site area
0.22 acre
890 sq m
Built Area
1,860 sq ft
173 sq m
Ground Floor Trading
1,024 sq ft
95 sq m
Ground Floor Ancillary
360 sq ft
33 sq m
Basement
150 sq ft
14 sq m
1st Floor
810 sq ft
75 sq m
2,344 sq ft
218 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.
RENTAL INCOME
Interested parties are advised that there is rental income from the self-contained business units. Full tenure information available on request.
TERMS
We are instructed to invite unconditional offers in the region of £385,000, excluding VAT for the benefit of our clients freehold interest with vacant possession of the pub and subject to the leases for the business units.
VIEWING
For further information or an appointment to view contact: Warren Drake on 020 7495 7500 or [email protected]
