Substantial freehold town centre coaching inn for sale with approx. GIA 19,816 Sq Ft with 42 ensuite rooms guiding OIEO £1.2m
Description
The Bear Hotel comprises a Grade II Listed building dating from the 17th century which is of brick construction under a pitched clay tiled roof. The property is arranged over basement, ground and two upper floors and has a number of more modern extensions which make up the hotel accommodation.
Accommodation
Internally
Internally the property has two bar areas, customer WC's, the Livery residents lounge and two function rooms known as the Chichester Suite and Retreat Room at ground floor. The hotel accommodation is laid out over first, second and third floor levels and provides 42 ensuite bedrooms. In addition there is a 5 bed managers flat.
Externally
Externally the property benefits from a small courtyard terrace which is currently laid out for 42 covers. There is a large car park to the rear of the property for approximately 72 vehicles which could have the potential for redevelopment, subject to obtaining the necessary consents.
Tenure
The property is held freehold (Title Number HP414728).
Planning
The property is a Grade II listed building (Listing Ref: 1091619) but is not located within a conservation area.
EPC
C-62.
Rateable Value
2026 - £51,750
VAT
VAT may be applicable at the appropriate rate.
Trading Information
Trading information may be made available to interested parties upon request.
Fixtures & Fittings
The property will be sold as seen, including all fixtures and fittings owned outright. No inventory schedule will be provided, and all items remaining on the day of completion, excluding any third-party equipment, will be included in the sale.
Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.
Terms
Offers in excess of £1,200,000 are invited for the benefit of our client’s freehold interest.
Viewings
All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of our clients staff. For further information and all viewing requests please contact the sole selling agents Savills.
C (62)
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Basement | 237 | 22.02 | Available |
| Ground | 13,939 | 1,294.98 | Available |
| 1st | 10,599 | 984.68 | Available |
| 2nd | 5,081 | 472.04 | Available |