LICENSED | LEISURE | COMMERCIAL
The Osborne Inn
54 Shirley Road, Southampton, Hampshire, SO15 3EX
For Sale Freehold Licensed Premises Guide Price £325,000 plus VAT Sole Selling Agents
The turnover for the financial year 2015/16 was circa £330,000 (net of VAT)
Prominent roadside position fronting the A3057
Situated within a densely populated suburban area close to the city centre
Ground floor GIA of approximately 1,970 square feet, sitting on a plot size amounting to circa 0.07 acres
Alternate use opportunity subject to obtaining the necessary permissions
01225 789 343 The Bank, 18 Newbridge Road, Bath, BA1 3JX
[email protected] www.jamesabaker.co.uk
The Osborne Inn
54 Shirley Road, Southampton, Hampshire, SO15 3EX
For Sale Freehold Licensed Premises Guide Price £325,000 plus VAT Sole Selling Agents
Location Southampton is a large city in Hampshire with a population of circa 253,600 residents, it is located approximately 13 miles south of the nearby city of Winchester and 22 miles north west of the neighbouring city of Portsmouth. The property is situated within a suburban area fronting the A3057 and is located a short distance away from the city centre. The surrounding area comprises of a mixture of residential and commercial properties. Accommodation The Osborne Inn is a two storey semi-detached period property of brick construction with painted elevations, which sits under a pitched and hipped tiled roof with an extension to the side. The ground floor trade area comprises a central servery with a lounge area for circa 25 covers and a further seating area for circa 20 covers. Ancillary trade areas include a catering kitchen, ground floor beer store, basement cellar and customer W/C’s. Private accommodation is situated on the first floor comprising of two bedrooms, office, lounge, bathroom and a kitchen. Externally there is a small front and side trade area which can accommodate circa 25 covers, smoking solution and a rear private yard. Ground floor GIA is approximately 1,970 square feet. The pub sits on a plot size ammounting to circa 0.07 acres. The Osborne Inn will appeal for its existing use as a licensed premises and may appeal for alternate use subject to obtaining the necessary consents. The property is likely to be of interest to local and regional trade operators, retailers, developers and builders.
01225 789 343 The Bank, 18 Newbridge Road, Bath, BA1 3JX
[email protected] www.jamesabaker.co.uk
The Osborne Inn
54 Shirley Road, Southampton, Hampshire, SO15 3EX General Information
For Sale Freehold Licensed Premises Guide Price £325,000 plus VAT Sole Selling Agents
Rating The current Rateable Value is assessed at £30,000. Licences It is understood that the property currently possesses a Premises Licence. Services We are verbally advised that all mains services are connected to the property. Trading The premises are currently open and trading. Trading Information The turnover for the financial year 2015/16 was circa £330,000 (net of VAT). The split of trade is circa 75/25 in favour of wet. Further trading information will be made available to seriously interested parties on request. Tenure The property is being sold freehold. Fixtures and Fittings The property currently trades as a branded ''Meet & Eat'' community local. Anything branded, leased, owned by third parties and EPOS systems are excluded from the sale. TUPE TUPE will apply in accordance with the Transfer of Undertakings (Protection of Employment) Regulations 2006 where relevant to the sale of this property. Energy Performance Certificate The property has an EPC rating of D. An EPC is available on request. VAT VAT will be applicable on the sale of this property. Legal Costs Each party will be responsible for its own legal and other costs.
01225 789 343 The Bank, 18 Newbridge Road, Bath, BA1 3JX
[email protected] www.jamesabaker.co.uk
The Osborne Inn
54 Shirley Road, Southampton, Hampshire, SO15 3EX
For Sale Freehold Licensed Premises Guide Price £325,000 plus VAT Sole Selling Agents
Agent Details For further details please contact
Jack Sinclair Surveyor, Bath 07989 676 501
[email protected] Charlie Noad Surveyor, Bath 07780 599 698
[email protected] Disclaimer JAMES A BAKER for themselves and for the vendors of this property, whose agents they are, give notice that: 1. The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute part of an offer or contract. 2. Descriptions, dimensions, plans, reference to condition and planning permission for use and occupation and other details are given without responsibility and intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each item. 3. It is emphasized that in these particulars of sale, items of furniture, fixtures, fittings and equipment mentioned are for descriptive purposes only and do not necessarily form part of the trade inventory referred to above. 4. No person in the employment of James A Baker has any authority to make or give representation or warranty whatsoever in relation to this property. www.jamesabaker.co.uk
01225 789 343 The Bank, 18 Newbridge Road, Bath, BA1 3JX
[email protected] www.jamesabaker.co.uk Viney Ltd Reg No 04515765. Registered in England and Wales. Registered Office: The Bank, 18 Newbridge Road, Bath, BA1 3JX. VAT Reg No 752840133