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Retail/Shop

Retail/Shop For Sale Bridport

PROPERTY ID: 130818

PROPERTY TYPE

Retail/Shop

STATUS

Available

SIZE

3,921 sq.ft

Key Features

Free of tie public house investment
Business not affected
Rental income £40,000 pa
Busy pitch just off town centre
Grade II Listed with beer garden
Two bed flat
Represents NIY of 9.72% assuming purchase costs of 4.14%
Freehold includes ground rents from 2 long leasehold units

Property Details

Bridport is a busy and well regarded market town in Dorset, close to the coast at West Bay. The Hope and Anchor is situated on the corner of St Michael's Lane and Rope Walks, close to the town centre and car parks. It is considered a strong secondary location.

A Public House Investment Sale Of The Freehold Land And Buildings At The Hope And Anchor, St Michaels Lane. Principle Building Being That Of A Two Storey End Of Terrace Pub With Ground Floor Trading Area, First Floor Living Accommodation And Beer Garden To Rear. Long Term Tenant In Situ And Current Rent £40,000 Per Annum. Location Bridport Is A Busy And Well Regarded Market Town In Dorset, Close To The Coast At West Bay. The Hope And Anchor Is Situated On The Corner Of St Michael's Lane And Rope Walks, Close To The Town Centre And Car Parks. It Is Considered A Strong Secondary Location. Accommodation All Areas Are Approximate And Measured In Accordance With The Rics Property Measurement (2nd Edition) On A Net / Gross Internal Basis. Front Entrance Via Lobby To Public Bar (10.3m X 6.2m Av). Long Wooden Bar Servery, Feature Fireplace And Space For Approx. 20 Covers. Access To Ladies, Accessible And Gents Wcs. Beer Cellar With Rear Access Door. Additional Trade Area (4.1m X 4.1m) With Access To Beer Garden, Kitchen And Pool Room (4.7m X 3.7m). Kitchen (4.8m X 2.5m). To The Rear Of The Venue Is An Enclosed Beer Garden With Space For Approximately 6 Benches. Off Street Parking For One Vehicle. The Private Accommodation Is Accessed Via An External Stairway With Landing, Wc, Bathroom, Lounge (3.8m X 3.2m), Kitchen (3m X2.8m), Bedroom (4.5m X 3.2m) And Bedroom (3.6m X 2.6m). Planning Sui Generis Pub Use. Rent / Price Guide Price £395,000. Business Rates From The Valuation Office Agency Website (www.voa.gov.uk) We Understand That The Current Rateable Value Is £17,500. Council Tax Band B. Tenant Responsible For Rates And Council Tax Payable. Services We Understand That Mains Electricity, Water And Drainage Are Connected To The Property However These Services Have Not Been Tested By The Agents. Interested Parties Should Make Their Own Enquiries. Epc C(60) Legal Fees Each Party To Be Responsible For Their Own Legal Fees In Relation To This Transaction. Vat We Are Advised That The Property Is Opted To Tax And Vat Will Apply. It Is Our Clients Intension To Sell As A Going Investment Concern.

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About the Agent

Vickery Holman

See Agent's Other Properties

Retail Unit

£395,000 Freehold

Hope And Anchor,13 St. Michaels Lane, Bridport, DT6 3RA
Retail/Shop - Available
3,921 sq ft
364 sqm
Show phone number

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