Property

FOR SALE BY INFORMAL TENDER - DEADLINE DATE FRIDAY 28TH OF JANUARY 2022.

LOCATION
In the very heart of Bideford at Cooper Street which is a pedestrian thoroughfare connecting Mill Street to the Quay, the property is ideally placed for passing trade. In the vicinity are cafes and pubs as well as retail outlets. Bideford often referred to as The Little White Port which straddles the River Torridge in North Devon. It is a busy town and has a successful out of town shopping mall at Affinity Devon as well as numerous supermarkets. Nearby are the villages of Appledore, Instow, Northam and Westward Ho!

THE PROPERTY
Long established as a public house the Patch & Parrot is now for sale with vacant possession as a closed freehouse requiring considerable modernisation and upgrading. It is a Grade II Listed building with a small rear garden. There are 2 bars downstairs, a cellar and small kitchen. Upstairs are 5 bedrooms as well as a function room. The property has some water damage with ceilings down and is being sold as seen. This is a potential re-development project, subject to the necessary planning permissions or could be suitable to operate as a catering venue.

AGENTS NOTE
We thoroughly recommend watching our virtual tours of this property to understand the nature and condition of the property, prior to making an appointment to view in person.
There are no trading accounts or inventory and the premises are sold as seen.
Should you wish to personally inspect the property to arrange a physical viewing in the first instance contact the agents.

FOR SALE BY INFORMAL TENDER
The Patch & Parrot is being offered for sale by informal tender at a guide price of 'offers in excess of £100,000'.
The deadline for the submission of bids is Friday 28th January 2022 at 12 noon. All bids MUST BE submitted on our formal bidding forms that are available upon request from our office. Full terms as to how bids are handled will be provided with the form. Bids are to be sealed in an envelope and clearly marked so to ensure that the value of the bid remains unknown until the deadline. Any bids received after the deadline will not be considered. The owner reserves the right to accept or not accept any bid.

Ground Floor

Central Hallway

Bar 14'4" x 16'8" (4.37m x 5.08m).

Rear Bar 16'8" x 31'9" (5.08m x 9.68m).

Cellar 20'2" x 11'10" (6.15m x 3.6m).

Gents and Ladies Cloakrooms

Kitchen 12'8" x 10' (3.86m x 3.05m).

Store 16'4" x 12'8" (4.98m x 3.86m).

First Floor

Cloakroom

Bedroom 1 12'4" x 15'5" (3.76m x 4.7m).

Bedroom 2 11'10" x 15'3" (3.6m x 4.65m).

Bedroom 3 12'7" x 12'5" (3.84m x 3.78m).

Bedroom 4 12'5" x 6'3" (3.78m x 1.9m).

Function Room 23'8" x 31'10" (7.21m x 9.7m).

Bathroom

Second Floor

Attic Bedroom 5 12'10" x 24' (3.9m x 7.32m).

En-Suite Shower Room WC

Attic Room 1 16'3" x 16' (4.95m x 4.88m).

Attic Room 2    Not available at the time of inspection.

OUTSIDE    The property fronts onto Cooper Street. There is a rear courtyard garden and lean to. (Please note the garden is considerably overgrown and is not accessible).

VAT    We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.

VIEWING    Strictly by appointment through the selling agents. There is no light or power at the property, therefore all viewings will be scheduled during the daylight hours. We recommend bringing a torch along.

RATEABLE VALUE    £10,250 UBR, as of April 2017, 47.9p in the £   Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.

COUNCIL TAX BAND    A

WEBBERS DO NOT JUST SELL HOUSES    Established over 40 years ago our dedicated specialist Commercial Department deals in the sale and letting of all types of commercial property including Guest Houses, Hotels, Restaurants, Pubs, Holiday Complexes, General Businesses, Post Offices, Retail Businesses of all kinds, Shops, Offices, Investments and Industrial Premises. If this property does not suit visit our web site or call our office on[use Contact Agent Button].

WANT TO KNOW MORE?    We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding.