Description
The Bear at Hotwells has a site area of 0.084 acres (0.034 ha) and comprises two end of terrace buildings with the building to the left single storey and building to the right three storeys. The main pub trading area is located on the ground floor of both buildings. The single storey building element features a rendered and painted façade with large ground-floor windows and a black canopy over the main entrance. A rear trade garden is provided with additional outdoor seating available in front of the building.

The building on the right is a three-storey brick structure with a rendered and painted light yellow exterior. The façade has uniformly spaced wooden framed single-glazed sash fenestration. The roofing is a mixture of flat and multi pitched.

Internal Description
The main pub occupies the ground floor of both buildings. It includes a bar area with loose tables and chairs. Connected to the main bar area is a decent sized entertainment room with a pool table and a projector for sports events.

Living Accommodation
On the first floor, there are five bedrooms designated for staff, along with a kitchen, bathroom, and a toilet. Additionally, a separate flat on this floor includes two bedrooms, a kitchen, a storage/laundry room, a large living room, a bathroom, and access to the flat roof.

External Areas
There are 4 picnic benches positioned to the front of the property and a large beer garden at the rear. The total beer garden area is approx. 70 sqm.

Tenure
The property is occupied under a 5-year tenancy but vacant possession can be provided if required.

Guide Price
We are seeking £675,000 for the Vendor’s freehold interest.

VAT
VAT is applicable at the prevailing rate.

Licensing
The property has been granted a Premises Licence in accordance with the Licensing Act 2003. We understand that the pub is permitted to sell alcohol from Monday to Thursday, the permitted hours for alcohol sales are from 3:00 pm to 12:00 am. From 12:00 pm to 1:00 am on Fridays and Saturdays, and from 12:00 pm to 11:30 pm on Sundays. Other licensable activities are also permitted during these times.

Planning & Conservation
The property is designated with sui generis use as a drinking establishment and has residential dwelling use of C3 above. It is not a listed building but is situated within a conservation area, and it is also not in a flood zone.

Business Rating
The subject property is entered in the 2023 Central Rating List with a Rateable Value of £9,000. Please check with the VOA for the most up to date information on all rating matters.

Energy Performance Certificate
The property has an EPC Rating of D-92 and C-73.

Viewing
Formal viewings can be made strictly by appointment with Savills. Where appropriate, we recommend interested parties carry out a discreet customer inspection in the first instance. We kindly request that no approaches are made to staff or the business directly, where applicable

Anti Money Laundering Regulations
Regulations require Savills to conduct various checks on purchasers and tenants. Further details are available upon request.