High Volume Town Centre Freehold Public House For Sale
Description
The Property comprises a part-three and part-four storey, Grade II listed public house. The Property is dated from the 18th Century and there has been a number of extensions and reconfigurations over the years. The elevations are of brick construction set beneath a series a pitched, slate-covered roof.
Overall, the Property extends to 0.26 acres.
Accommodation
Ground Floor:
The Swan – the main trading area is U shaped, over split levels, with a central bar servery. To the rear, there is a DJ booth and dancefloor leading to a double door into the courtyard. The room is furnished with both fixed and freestanding furniture.
Barristers – located fronting Bradshawgate and typically trading from the evenings until late. A single traditional room with bar servery. The room is furnished with timber panel features throughout along with both fixed and freestanding furniture.
Between the two trading areas, there is an enclosed courtyard used for external drinking.
Ancillary accommodation includes two large storerooms with the potential to provide further trading areas, stores and an additional garage.
Basement:
To the basement, there is a former clubroom with a lounge, bar area and dancefloor. Beer cellar serving both The Swan and Barristers, as well as a variety of stores (including a plant room).
First Floor:
The first floor is accessed via a central staircase leading into an office and staff WC. To the rear, there is a former function room with kitchen and WC. To the Churchgate end of the building, there is a former dining area comprising of two rooms. There are five former hotel rooms and stores.
Second Floor:
The second floor is laid out over a variety of split levels providing 30 former hotel rooms, shared WC/bathrooms, storerooms and a plant room.
Third Frloor:
The third floor provides former staff accommodation of two, one bedroom flats that both comprise a lounge and bathroom, as well as two additional staff bedrooms.
Tenure
The Property is held freehold on title number LA333395
Guide Price
Unconditional offers of £1,200,000 plus VAT(if applicable) are invited for clients freehold interest with vacant possession.
Rating
The Property is listed in the 2023 Rating List with a Rateable Value of £41,000.
Planning
The Property is Grade II Listed and located within the Churchgate Conservation Area.
Licence
The Property has been granted a Premises Licence in accordance with the Licensing Act 2003.
Fixtures & Fittings
No fixtures and fittings will be included in the sale unless agreed. Any branded or leased items and any items owned by third parties will also be excluded.
EPC
C-72
VAT
VAT may be applicable at the prevailing rate.
Terms
The sale is to be in standard terms for a sale by Receivers with no guarantees or indemnities or warranties as to the Title or otherwise.
Legal Costs
Each party to be responsible for their own legal and professional costs incurred in this transaction. The sale is conditional on a Joint Capital Allowance election being made to HMRC by the Seller and Buyer on completion.
Money Laundering
Each party to be responsible for their own legal and professional costs incurred in this transaction.
Viewings
All viewings must be arranged strictly by appointment with the joint selling agents Savills and Christie & Co.