Pub for saleCollege Street, Wrexham
- OF INTEREST TO AN OWNER OCCUPIER/DEVELOPER/INVESTOR
- SITUATED IN THE CENTRE OF WREXHAM, A FORMER LONG AND
- WELL ESTABLISHED PUBLIC HOUSE WITH THE BENEFIT OF FULL
- PLANNING PERMISSION FOR CONVERSION OF THE FIRST AND SECOND FLOORS
- TO RESIDENTIAL (1 X 2 BED AND 2 X 1 BED FLATS)
The Commercial Inn is situated in the centre of Wrexham in an area popular for the night time trade, fronting College Street which is just off Town Hill.
The premises comprise a three storey building, currently providing a ground floor public house, together with a lounge, kitchen, bedroom, bathroom and w.c. on the first floor and a further 5 bedrooms on the second floor. To the rear is an outside seating area.
Existing Ground Floor - Double Door Access to
Main Bar/Lounge Area - L shaped bar servery, small kitchenette, ladies and gents w.c.
Staircase giving access to the first floor landing with access to
Lounge, Bedroom with storage cupboard off
Kitchen, spacious lobby area, Bathroom and Separate w.c.
Further staircase to the second floor which provides a further five rooms
Outside - To the rear of the property is an outside seating area for the public house, together with side alleyway providing potential bin storage area.
Services - The property has the benefit of mains water, drainage, electricity and gas connected, subject to statutory regulations.
Outgoing - Rateable Value£20,500.00
Rates Payable £ 9,696.50
Planning - The premises have the benefit of a recent planning consent to convert the first and second floor to provide two 1 bedroom flats and one 2 bedroomed flat (Code Number WRO P/2014/0482 granted on the 2/2/15). A copy of the permission and plans are available for inspection upon request from the Agents.
Tenancies - The ground floor, garden and basement are currently let on a law society lease for a period of 12 months as from the 26/01/15 at a rent of £300 per week + VAT. In addition to the rent there is a weekly payment of £15 towards the insurance. The rent includes the landlords fixtures and fittings.
Epc - In the course of preparation.
Price - £195,000 for the freehold interest, with the benefit of the Planning Consent plus VAT, subject to the existing tenant.
Viewing - By appointment through the Agents.
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