Restaurant for sale
Property description & features
- Freehold pub/restaurant investment
- Let until 2029
- Attractive village location
- Approximately 285.00 sq m (3,067 sq ft) GIA
- Includes a large car park
- Future alternative use/development potential (subject to consents)
- Producing £18,000 per annum
- On the instructuions of James Liddiment and Paul Greenhalgh of Kroll Advisory acting as Joint LPA Receivers
- Online Auction on Thursday, 23 May 2024
A two storey building of traditonal construction beneath a pitched roof totalling approximately 285.00 sq m (3,067 sq ft). The building is arranged as ground floor bar/restaurant plus kitchen and ancillary accommodation as well as an external cellar. The first floor is arranged as a two bedroom manager's flat plus two en-suite letting rooms.
Externally there is a large car park situated on the opposite side of Crick Road as well a rear beer garden/patio. The building and car park may offer future alternative use/development potential, subject to obtaining the necessary consents.
Location:
The village of Shirenewton lies approximately 4 miles west of Chepstow, 16 miles north east of Newport and 27 miles north east of Cardiff and is accessed via Crick Road, which runs north from the A48. The village benefits from a primary school and has seen significant development in recent years with part of the former Shirehampton Golf Course site having been developed for luxury housing. Nearby Chepstow railway station provides regional rail links and links to the national rail network via Newport.
The property commands a prominent position in the heart of the village the junction of Ditch Hill Lane, Crick Road and Earlswood Road.
Online Auction on Thursday, 23 May 2024. For further information, such as legal documents and property information, please visit bidx1.com.
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