Sold Prior for £415,000.

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A freehold public house (2400 sq ft) occupying a site of 0.33 acres with development potential, vacant.

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Description/Location

The property occupies a corner site at the junction of Hackwood Road and Cliddesdon Road a predominantly residential area, there is car park to the rear with access from Cliddesdon Road and a garden of 0.11 acres facing Hackwood Road with approximately 65ft road frontage. We understand the building is locally listed and located within a conservation area, there is potential for existing use and alternative commercial uses subject to planning. In addition there is potential for residential conversion of the building and both the car park and gardens could accommodate additional residential development all subject to planning.

VAT IS APPLICABLE TO THIS LOT

Tenure

Freehold, vacant possession.

Local Authority

Basingstoke and Dean Borough Council

Viewing

Please contact Elliott Network Auctions on 01923 240420

Accommodation

Ground Floor: 1243 sq ft - trade areas including bar and servery, customer wc's. First Floor: 715 sq ft - 4 rooms, kitchen and bathroom. Outside: Outbuilding 442 sq ft, car park to the rear and large garden to the side. Energy Rating : D/77

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.