Property description
Previously a well known and popular pub more recently a 120 cover restaurant to the ground floor with large living accomodation on the first floor. The restaurant is now closed and ripe for change or conversion. The current vendor has architectural drawings to convert the ground floor into 7 self contained studios with planning permission for 3. However there are numerous possibilities for the property from conversion to multiple commercial units, continuing usage as a pub/club or restaurant, changing the whole or part of the building into numerous residential units or a combination of the options. The vendor has a range of architects plans and has discussed the various options with the council and would be more than happy to relay this information to any prospective purchasers. Wonderful town centre location near the bus station, a large college, main shopping area and other commercial buildings including the guild hall. Viewing highly recommended.
Additional Information
Free house.... Tenure Freehold.... Up to £150,000 interest free loans may be available for change of use ...Private parking on site for 15 vehicles with full cctv.... large open plan indoors and outdoor space... external beer terrace and private patio ... not located in a conservation area... not a listed building ... no major asbestos or structual issues identified when the current owner bought the premises a year ago ... excellent footfall ....Adjacent to the bus station with buses to the industrial estate and large new prison currently being constructed ... Next to the large college, other commercial premises and main shopping areas..Large detached two storey building... 120 cover restaurant ... Indications from the council are that conversion and demolition applications will be favourable ... Architects drawing available for full or part change of use to residential with predicted income of circa £48,000 per annum... Retains exsisting licenses including premises late license to serve alcohol until 1.30 am ... Recent 5 star foor rating ...Disabled access and toilets. ...Upper floor 4 bedroom living accommodation ....Fire and security alarm systems ...Large cellar with barrel hatch and lift ....Huge potential ..
Property Features :
- Previous popular and well known public house now available for sale
- 120 cover restaurant to the ground floor with large living accomodation on the first floor
- Planning for conversion to studio apartments
- Possiblities for conversion to commercial units, living accomadation or to continue as a pub or res
- Indications are that grants and interest free loans are available for change of use