£315,000

Pub/bar for sale

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Freehold

Offers in region of

£315,000

Pub/bar for sale

Little Hereford, Ludlow SY8

Local area information

Property location

Nearby amenities

  • Bishop Hooper Church of England Primary 2.2 miles
  • Saint Michael's College 2.7 miles
  • Ludlow 4.7 miles
  • Leominster 6.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • A prominently located public house with residential accommodation that is in need of a comprehensive scheme of refurbishment
  • Generously sized car park and land
  • The property is closed at present but has significant potential
A prominently located former public house with three-bedroom residential accommodation above, situated in the village of Little Hereford. The property is currently closed and requires comprehensive refurbishment but offers significant potential, subject to the necessary consents. The site extends to approximately 1.198 acres (0.485 hectares) and benefits from a large car park providing around 22 spaces, with direct access from the A465 and an attractive position adjacent to the River Teme. The property is offered freehold with vacant possession at offers in the region of £315,000 (exclusive).

Description

The property comprises of a detached part two storey and part single storey building that comprises of a closed public house with three bedroomed residential accommodation at first floor level. The property is in need of a comprehensive scheme of refurbishment works. It should be noted that the property has been subject to a degree of flooding and prospective purchasers should note that it is not possible to obtain building insurance for the property.

The property on the ground floor provides a restaurant area (with approximately 60 covers), bar area, commercial kitchen with toilet and welfare facilities.

The first floor of the property provides three bedroomed residential accommodation that is accessed from the ground floor level internally within the property. The closed public house offers significant potential once a comprehensive scheme of refurbishment works have been undertaken.

The original property was understood to have been built in approximately 1870.The property is of traditional construction being of brickwork (rendered) under a mainly slate roof cover (being either dual pitched or monopitched) with a flat roof cover to part.

The property has had an extension that was constructed in approximately 2012. This conservatory projection is timber framework with glazed window units with a slate cover.

The property externally benefits from a car parking area at the front of the property for approximately 22 car parking spaces and further accommodation land.

The property sits in a Total Site Area of approximately 1.198 acres (0.485 hectares).

The property is accessed directly off the A465.

Location

The property is situated in the village of Little Hereford in the County of Herefordshire. The village has limited local amenities.

The property is located adjacent to the River Teme and the A465.

The village of Little Hereford is located approximately 7.2 miles south of Ludlow, approximately 3.6 miles east of the town of Tenbury Wells and approximately 9 miles north of the town of Leominster.

The property is located in an area where the surrounding occupiers are in generally residential and agricultural use.

The property occupies an attractive location benefitting from good connectivity.

Accommodation

Ground Floor
Restaurant Area
Bar Area
Toilets
Commercial Kitchen with ancillary areas
First Floor
Landing
Bedroom 1
Bedroom 2
Bedroom 3
Sitting Room
Bathroom
Outside Area
Rear Yard Area with Cellarage
Car Park

Total Site Area 0.485 hectares 1.198 acres

Services

Not tested prospective tenants should rely on their own enquiries)

We understand the property has the following

Service/UtilityMains
WaterMains
Foul & Surface Water DrainagePrivateThere is a sceptic tank system which is serving the property.
GasN/A
ElectricityMains

Planning

Prospective purchasers should make their own enquiries the subject property has planning consent for Sui Generis of The Town and Country Use Classes Order 1987 as a public house.

Vat

The property is understood to be elected for VAT and therefore VAT is payable on the purchase price.

Rateable Value

Rateable Value - £15,500

Legal Costs

Each party is to be responsible for their own legal costs associated with the sale of the property.

Local Authority

Herefordshire Council
Plough Lane
Hereford
HR4 0LE

Tenure

The property is offered for sale freehold with vacant possession.

The property is held under Title Numbers HW153664 and HE43492.

The property will be sold subject to an overage of 40% of any increase in value achieved if planning consent is achieved for residential development for a period of 30 years. Further details from the selling agents upon request.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Shropshire
  4. Ludlow
  5. Little Hereford