The Bell, 13 Market Place, Faringdon, SN7 7HP | Property for sale | Savills
9,056 sq ft(841.33 sq m)
£375,000(NT$15,586,161)

The Bell13 Market Place, Faringdon, SN7 7HP

  • Sold
  • Freehold

Key features

  • Price substantially reduced to £375,000 plus VAT (low capital value of £41.41 per FT2)
  • Historic Grade II Listed pub in Faringdon town centre
  • Corner plot fronting Market Place comprising a mix of national and local operators
  • Seven en-suite letting bedrooms
  • Extensive private accommodation including staff accommodation
  • Plot of 0.22 of an acre
  • Alternate use potential subject to obtaining the necessary consents

*Price Reduced* £375,000 plus VAT* Substantial freehold public house for sale in the market town of Faringdon

About this property

  • Description
    The Bell is a two storey end of terrace property of stone construction beneath a pitched tiled roof with three dormer windows. There are multiple additions to the rear. The property also benefits from an enclosed trade garden to the rear and extensive outbuilding storage. The property sits on a plot of approximately 0.22 of an acre.

    Accommodation
    The ground floor comprises an entrance lobby leading to the main bar servery with associated trade area, lounge and restaurant for a total of approximately 80 covers. Ancillary areas include a commercial trade kitchen, customer WCs, office and a basement cellar. The first floor comprises six en-suite letting rooms, staff room and bathroom. The private accommodation is located on the second floor and comprises an open plan lounge with kitchenette, bedroom, bathroom and a further en-suite letting bedroom. There is a separate en-suite bedroom located on the second floor which has separate access.

    External Areas
    The property benefits from an enclosed rear courtyard trade area, beer and wine cellar, staff bedsit across first and second floor, boiler room, store room, triple garage, outbuilding used for further storage and a bin store. The property benefits from a small car park to the rear for
    circa 3 vehicles.

    Guide Price
    Price substantially reduced to £375,000 plus VAT.

    Additional Costs
    We understand the VAT and Stamp Duty Land Tax will be applicable at the going rate. Parties are advised to seek independent advice if required.

    Tenure
    The property is for sale freehold with vacant possession.

    Business Rates
    We understand the property is entered on the 2023/2024 Rating List with a Rateable Value of £18,600. This is not the rates payable. The lower multiplier is £0.499.

    Planning & Conservation
    The building is Grade II Listed and is located within the Faringdon Conservation Area.

    Licensing
    The property has been granted a Premises Licence in accordance with the Licensing Act 2003. We understand that the premises is permitted to sell alcohol under the following hours:

    Monday to Sunday 10:00 – 00:00

    Fixtures & Fittings
    Fixtures and fittings which are in the absolute ownership of the vendor and in situ on completion are included within the sale. Any branded or leased items and any items owned by third parties will be excluded.

    Energy Performance Certificate
    C-70.

    Money Laundering
    Money Laundering Regulations require Savills to conduct checks upon all purchasers. Prospective purchasers will need to provide proof of identity and residence.

    Viewing
    Please note the property is closed to trade. All viewings must be arranged strictly by appointment with the selling agents Savills. Please contact Charlie Noad or Chris Bickle.

Local information

  • Faringdon is a historic market town within Oxfordshire located approximately 18 miles south west of Oxford and 12 miles north east of Swindon. The Bell occupies a corner position fronting Market Place within the town centre which benefits from a high level of footfall. The immediate area comprises a mix of both national and local retail and hospitality operators.

Energy performance

C (70)

Available space

Namesq ftsq mAvailability
Basement - Basement24522.76Sold
Ground - Ground Floor3,026281.12Sold
1st - First Floor2,402223.15Sold
2nd - Second Floor1,298120.59Sold
Unit - Limited Use Areas272.51Sold
Outdoor - Outbuildings2,058191.19Sold