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Commoners Wine Bar & Accommodation, 66 - 68 Brookley Road, Brockenhurst, SO42 7RA

£2,000,000

£477.67 per sq ft

Business rates & charges may apply

Savills, Southampton - Licensed Leisure
SIZE AVAILABLE

4,187 sq ft

389 sq m

SECTOR

Restaurant for sale

Key features

  • Freehold food and beverage opportunity with four modern self-contained flats
  • Entire building recently extensively developed to high standard
  • High street location in popular commuter village of Brockenhurst in New Forest National Park
  • Overall GIA approximately 4,187 FT2
  • Income producing holiday let opportunity (approx. £4,120 p/w peak season)*freehold only
  • Guide price £2,000,000 for the freehold interest ( lease offers invited guide rent £45,000 pax)

Description

Description
A mid-terrace double frontage property of two stories above street level of mainly brick construction with part painted elevations under a pitched tile roof. There is commercial at ground floor and living accommodation at first and attic (2nd) floor level. Located to the rear is a modern single storey extension which provides entrance and terraces for the lower accommodation. The property benefits from service and secondary customer access to the rear.

Location
The property is situated in the centre of Brockenhurst, the largest village in the New Forest National Park located 13 miles south-west of Southampton and 5 miles north of the coastal town of Lymington with ferry services to the Isle of Wight. Brockenhurst is a gateway for high volumes of vehicular traffic heading to the coast and countryside with the arterial A337 passing through. The New Forest National Park generates high levels of seasonal visitors (estimated at 13.5 million day-visits a year) which benefits Brockenhurst. In addition, the village is home to Brockehurst College with 5,000 students.

The immediate area comprises a mix of traditional independent retail, hospitality and business services. Tesco Express is also close by. To the rear of the property is the Brookley Road car park.

Brockenhurst is a highly sought after residential area being located on a regular direct train service to London Waterloo (1hr 35 mins)) and being within easy reach of forest activities and the coastal amenities of the Solent. As a result, properties in Brockenhurst had an overall average price of £726,679 in 2023 with a Hampshire average of £389,853 (source Rightmove).

The village has a resident population of approximately 3,552 (2011 census) with the New Forest District at 179,752 (ONS).

Availability_text
The accommodation comprises the following areas:

Commercial Description
The ground floor comprises a double frontage open plan trading area with a single bar-servery, trade kitchen and customer WCs. The interior has been recently refurbished to a high standard and provides 85 seats. Located to the rear is an external trading space with is part covered and heated and provided a further 48 seats.

Living Accommodation
Access is provided to the rear of the property via an external staircase that leads to the self- contained entrance at first floor level.
Please refer to brochure for details.

The Business
The business operates as a modern restaurant and bar with a varied menu of including tapas, sharing plates, mains pizzas and roasts and is popular with residents and visitors alike. The four modern en-suite flats are used as holiday lets which are particular busy during the peak seasons. Formal financial information will not be provided however an indication of revenue will be available to seriously interested parties.

Planning & Conservation
Under the Town and Country Planning (Use Classes) Order 1987 (as amended) we understand the property benefits from Commercial Use Class E (restaurant) with the uppers as C3 (residential) with the ability to be used as holiday lets, ASTs or private dwellings. We recommend parties satisfy themselves on these points. The property is not listed nor located in a conservation area, green belt or AONB.

Services
We understand all mains services are connected.

EPC
D-68 & 68 residential accommodation. Commercial pending.

Premises Licence
The property benefits from a premises licence which permits the sale of alcohol Monday to Sunday 10:00 – 23:00. Permitted opening hours may vary.

Fixtures & Fittings
All fixtures and fittings owned outright will be transferred on completion.

Rateable Value
The subject property is on the 2024 Rating List with a Rateable Value of £17,750 (this is not the rates payable). The current small multiplier is 49.9p. Please check for up to date information.

Tenure
The freehold is held on two titles HP165767 (No.66 and outside areas) and HP572796 (No.68).Offers of £2,000,000 are invited for the benefit of the freehold, fixtures and fittings and the business goodwill (if applicable). VAT status is to be confirmed subject to the purchase method.
Leasehold rental offers will be considered for the benefit of a new lease with terms to be agreed, guide rent £45,000 per annum exclusive.

Viewings
The business is trading so if visiting as customer please do not approach the business or staff directly (staff are not aware). Formal viewings can be arranged by appointment with sole selling agents Savills.

Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all purchasers. Prospective purchasers will need to provide proof of identity and residence.

Brochures

Commoners Wine Bar & Accommodation, 66 - 68 Brookley Road, Brockenhurst, SO42 7RA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Brockenhurst Station0.3 miles
  • Sway Station2.8 miles
  • Beaulieu Road Station4.0 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 196751-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Southampton - Licensed Leisure. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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