History of Building:-
Last
traded as a public house in 2007
- 3
storey building, ground floor is serving area the 2nd and 3rd
floors form a spacious 3 bedroom accommodation.
-
pictures of the building as a public house around 2004
-
pictures of the building November 2009
-
estimate of costs to re-instate the building as a public house
£30,000
-
current layout of ground floor
(opens in new window)
-
youtube
memories of a great pub (opens in new window)
-
there is no off road car parking apart from the space in front
of the building which has always been used as an outside drinking area
and furnished with wooden tables and benches -
see photos
- existing planning allows premises to be used for
A1 - shops
A2 - financial and professional services
A3 - restaurants and cafes
A4 - drinking establishment
- site covers an area of 1217sq.ft / 113sq.m / .028acres
- the property is within the local conservation area but it is
not a listed building and not in a flood plain
-
location map
(opens in new window)
- please note that some of the categories above may not be
possible as the small car park once allocated to the pub (but
only since 1979) now serves as private parking for 2 adjacent
houses.
Development Opportunity:-
Ideal conversion into 2 x 2 or 3 bedroom domestic dwellings:-
-
estimate of cost to convert into 2 houses £70,000
-
estimate of selling value of a 3 bedroom fully refurbished home
with a modern interior over 3 floors in current climate approx.
£135,000 each x 2 = £270,000
-
estimate of profit (pre-tax) £270,000 - £70,000 = £200,000 less
purchase cost of building
-
outline plan of 2 dwellings on site
- computer generated images of
now and proposed
-
full planning permission will be required but we have a
letter from planning authority (following a site
meeting) stating that they will not object to such a conversion
so long as 3 main criteria are met:-
1.
the conversion must be sympathetic to the building and the area
- they specify such things as a similar door to existing should
be used in 2nd house
- the structure of the building indicates that the building was
built as 2 separate buildings
and since "knocked" into one.
2.
it must be shown that the business is no longer viable as a
public house
- local knowledge that since 2003 that there was a succession of
managers that all
struggled to make a viable business of the pub
- copy of
letter from the brewery
agents with figures showing a decline
in sales over several
years
3.
it must be demonstrated that there are alternative facilities in
the area
-
map pin-pointing the many alternative public houses in the
area
Any interested parties please contact:-