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No longer on the market

This property is no longer on the market

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Map
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Pub

Sold STC
Pub
Added > 14 days

Features and description

  • Freehold pub for sale
  • £395,000
  • Detached building
  • Free of tie
  • Large rear pub garden
  • Investment or vacant possession
  • New Forest location
*ONLY UNCONDITIONAL OFFERS WILL BE CONSIDERED ON THIS PROPERTY*

In our opinion the property offers considerable opportunity for development as a pub or as a restaurant. Alternatively, it may well have potential for redevelopment of the site, possibly for residential use, although interested parties are encouraged to make their own enquiries of New Forest District Council. A sale that is subject to planning, however, would NOT be of interest to our client.

ACCOMMODATION
On the first floor is the living accommodation, comprising a sitting room, kitchen, two bedrooms and bathroom. All the rooms being of generous proportions.

TENURE
The freehold is for sale, with vacant possession or with the existing tenant in situ, at a price of £395,000 plus VAT, although while the tenant trades, the property may be sold as a TOGC. The pub is currently let on a short-term lease Outside the Act, and continues to trade. It may be available to let on a new longer lease, at a rent to be agreed, exclusive of rates and insurance.

RATEABLE VALUE
Online enquiry via indicates a rateable value of £5,800 in the 2017 List, suggesting that 100% small business rates relief may be available to eligible businesses; interested parties are advised to check the accuracy of this information with the Local Authority.

LEGAL COSTS AND VAT
Each party is expected to bear their own legal costs in any transaction.

EPC Rating
C 52

Hythe is a waterside town on Southampton’s west side, situated between Southampton Water and the New Forest National Park, and home to retailers such as Waitrose, Boots, Superdrug, Hays Travel, Costa Coffee, Martins, Post Office and Lloyds and HSBC Banks. The renowned Hythe Marina Village with its housing, marina and leisure facilities is within half a mile.

Hythe Ferry terminal is also close to the premises, connecting the town to Southampton City Centre, via Hythe’s Victorian Pier, home of the world’s oldest pier train, which connects to the ferry, sailing back and forth every half hour across Southampton Water.

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