Location
Price Reduced: Georgian freehold commercial property with living accommodation in affluent location GIA 6,308 FT2 in 0.28 acre plot
Description
The Georgian property was originally constructed around 1850 with extensions added over c.19 and c.20 and occupies an end-of-terrace position (part attached to rear north- east extension). The property is of two stories above street level of red and glazed brick construction with numerous period features including sash windows and ornate entrance. Located to the side and rear are single and two storey extensions. The plot extends to approximately 0.264 acres within which is approximately 7,500 FT2 of garden space.
Commercial Description
The ground floor comprises two distinct dining areas either side of the imposing entrance reception; to the left is an open plan restaurant (40) and the right a snug wood paneled private dining room (10). Located to the rear is a large fully equipped professional trade kitchen with walk-in-fridge, storage and wine store. Customer areas on the first floor include a private reception lounge with bar servery and WCs. Located to the rear of the first floor is a double-room function space with large windows overlooking the garden with access provided by external steps.
Living Accommodation
Access to the first floor living accommodation is via an internal staircase and an external staircase from the High Street level. The accommodation comprises two bedrooms, kitchen, living room and bathroom.
At attic level is former staff accommodation comprising two bedrooms, kitchen and bathroom being accessible by walk-way over the side extension.
External Areas
Located to the rear is an attractive walled garden with herb gardens, mature shrubs and plants and seating areas; this extends to approximately 7,500 FT2. Located to the front are 2 x single parallel car park spaces.
The Business
Our client has operated a Michelin star and 3x AA rosette restaurant from The Clock House for over 20 years; the business closed in December 2023. Now, the opportunity exists for a purchaser to acquire this well-known building which may be suitable for a variety uses, including hospitality, leisure or residential (subject to necessary consents, where applicable).
Planning & Conservation
Under the Town and Country Planning (Use Classes) Order 1987 (as amended) we understand the property benefits from Commercial Use Class E (restaurant) with the uppers as C3 (residential). We recommend parties satisfy themselves on these points. The property is Grade II listed and located in the Ripley Conservation Area and Green Belt.
Services
We understand all mains services are connected.
EPC
Energy Performance Certificate C-57.
Premises Licence
The property benefits from a premises licence which permits the sale of alcohol Monday to Saturday 10.00 - 00.00 and Sunday 12.00 - 23.30..
Fixtures & Fittings
All fixtures and fittings owned outright are potentially available by separate negotiation, certain personal items will be retained by the vendor. There will be no stock to transfer.
Rateable Value
The subject property is on the 2024 Rating List with a Rateable Value of £30,750 (this is not the rates payable). The current small multiplier is 49.9p. Please check www.voa.gov.uk for up to date information.
Tenure & Price
Freehold (Title SY340922).
Guide price has been reduced to £1,995,000 for the benefit of the freehold interest, contents available by separate negotiation. We understand the property is not elected therefore VAT is not applicable.
Viewings
The business is closed. Formal viewings can be arranged by appointment with the agents Savills.
Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all purchasers. Prospective purchasers will need to provide proof of identity and residence.
C (57)
Name | sq ft | sq m | Availability |
---|---|---|---|
Ground - Restaurant (Trading) | 1,496 | 138.98 | Available |
Ground - Restaurant (Ancillary) | 1,464 | 136.01 | Available |
1st - Restaurant (Trading) | 280 | 26.01 | Available |
1st - Restaurant (Storage/Former Function Room (ancillary) | 1,453 | 134.99 | Available |
1st - 2 Bedroom Flat | 840 | 78.04 | Available |
2nd - Staff Rooms | 775 | 72 | Available |