Location
Freehold public house in Southampton city centre for sale with vacant possession for offers in excess of £500,000 plus VAT
Description
The three storey semi-detached building is arranged over ground, first and second floors with a single storey side extension. The building has painted rendered elevations beneath a multi-pitched roof.
Tenure
The property is held freehold (Title Number HP601446) as outlined in red on the above promap however, the area outlined in blue is unregistered with the previous tenant providing a Statutory Declaration confirming they have used this area as an external terrace for 10 years.
The service yard to the rear of the property is excluded from the freehold ownership however, an informal agreement is in place with the adjoining owner at a cost of £600 per annum.
Premises Licence
The property has the benefit of a Premises Licence in accordance with the Licensing Act 2003. The premises are permitted to sell alcohol under the following hours:
Sunday to Thursday - 10:00 - 00:00
Friday and Saturday - 10:00 - 01:00
Rateable Value
2023 - £75,000
Planning
The property is Grade II Listed and is situated within Carlton Crescent Conservation Area.
VAT
VAT will be chargeable in addition to the purchase price.
EPC
D-80
Terms
Offers in excess of £500,000 for the freehold interest with vacant possession.
Fixtures & Fittings
The fixtures and fittings may be available by way of separate negotiation.
Viewings
All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the current occupational tenants staff.
For further information and all viewing requests please contact the sole selling 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.
Name | sq ft | sq m | Availability |
---|---|---|---|
Ground | 3,542 | 329.06 | Available |
1st | 1,457 | 135.36 | Available |
2nd | 1,149 | 106.75 | Available |