VILLAGE PUB, LARGE CAR PARK AND SEPARATE BUNGALOW in Gainsborough for Sale.
Situated in a semi-rural area but surrounded by commerce and light industry, the property is easily accessed from the A1(M), M18 and M180 motorways systems, and the A15 to the east. Traditional village pub, detached, with four bedroomed first floor accommodation, as well as a detached one bedroom, self-contained bungalow built on a section of the large car park. The site area is of approximately 0.2 of an acre and might well be suitable for residential development, subject to gaining planning consent.
The pub has a traditional layout with bar snug, a dining room easily accommodating 20 covers, a pool and darts room with bar, catering kitchen and an outside covered area with brick built log fireplace and chimney feature. There is also a paved, outside seating area toward the end of the car park. The pub has gas central heating throughout, as well as log burning fireplaces to the snug and dining room and games room. Ladies and gents WC. First floor accommodation has three bedrooms, a living room and is self-contained with kitchen and bathroom. It is currently not used but could be converted to provide guest letting rooms. Conventional basement beer cellar. The bungalow is stand-alone, brick built with a pitched, pantile roof and comprises one bedroom, kitchen and bathroom. It currently lets to a member of staff for £450 per calendar month, but would certainly create a much larger rental return if offered as an AirBnB. Weekly turnover £2,000.
Freehold offers in excess of £260,000 are sought for the entire property (with vacant possession). Alternatively, our client will consider offers to lease the premises at a commencement rent of £1,500 per month, on a conventional commercial FRI lease, for a length of term to be negotiated. A new lease, business goodwill, fixtures, fittings, equipment and stock are offered at a key-in ingoing price of £39,950.
EPC band D.