*Price Reduced* £375,000 plus VAT* Substantial freehold public house for sale in the market town of Faringdon
Description
The Bell is a two storey end of terrace property of stone construction beneath a pitched tiled roof with three dormer windows. There are multiple additions to the rear. The property also benefits from an enclosed trade garden to the rear and extensive outbuilding storage. The property sits on a plot of approximately 0.22 of an acre.
Accommodation
The ground floor comprises an entrance lobby leading to the main bar servery with associated trade area, lounge and restaurant for a total of approximately 80 covers. Ancillary areas include a commercial trade kitchen, customer WCs, office and a basement cellar. The first floor comprises six en-suite letting rooms, staff room and bathroom. The private accommodation is located on the second floor and comprises an open plan lounge with kitchenette, bedroom, bathroom and a further en-suite letting bedroom. There is a separate en-suite bedroom located on the second floor which has separate access.
External Areas
The property benefits from an enclosed rear courtyard trade area, beer and wine cellar, staff bedsit across first and second floor, boiler room, store room, triple garage, outbuilding used for further storage and a bin store. The property benefits from a small car park to the rear for
circa 3 vehicles.
Guide Price
Price substantially reduced to £375,000 plus VAT.
Additional Costs
We understand the VAT and Stamp Duty Land Tax will be applicable at the going rate. Parties are advised to seek independent advice if required.
Tenure
The property is for sale freehold with vacant possession.
Business Rates
We understand the property is entered on the 2023/2024 Rating List with a Rateable Value of £18,600. This is not the rates payable. The lower multiplier is £0.499.
Planning & Conservation
The building is Grade II Listed and is located within the Faringdon Conservation Area.
Licensing
The property has been granted a Premises Licence in accordance with the Licensing Act 2003. We understand that the premises is permitted to sell alcohol under the following hours:
Monday to Sunday 10:00 – 00:00
Fixtures & Fittings
Fixtures and fittings which are in the absolute ownership of the vendor and in situ on completion are included within the sale. Any branded or leased items and any items owned by third parties will be excluded.
Energy Performance Certificate
C-70.
Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all purchasers. Prospective purchasers will need to provide proof of identity and residence.
Viewing
Please note the property is closed to trade. All viewings must be arranged strictly by appointment with the selling agents Savills. Please contact Charlie Noad or Chris Bickle.
C (70)
Name | sq ft | sq m | Availability |
---|---|---|---|
Basement - Basement | 245 | 22.76 | Sold |
Ground - Ground Floor | 3,026 | 281.12 | Sold |
1st - First Floor | 2,402 | 223.15 | Sold |
2nd - Second Floor | 1,298 | 120.59 | Sold |
Unit - Limited Use Areas | 27 | 2.51 | Sold |
Outdoor - Outbuildings | 2,058 | 191.19 | Sold |