Pub for saleYe Olde Whyte Swanne, Louth, LN11
Guide Price* £160,000
- Listed Public House in Conservation Area
- Popular Market Town Close to The Lincolnshire Wolds
- Accommodation Over Two Floors
- Alternative uses to include A1 Rental, A2 Financial & Professional Services, A3 Restaurant & Café.
- EPC Rating: D
This property was offered for sale by auction on Tuesday 22nd November 2016 at Gainsborough Golf Club with a *guide price of £160,000 - £190,000 and is still available. For more information, please contact the Auction Team on 01427 616436.
A listed public house situated in a conservation area in the centre of the prosperous market town of Louth which sits close to the Lincolnshire Wolds, an area of Outstanding Natural Beauty, and with good road access to the surrounding areas including the City of Lincoln and Grimsby.
The property offers accommodation laid out over 2 floors with the existing use currently A4 (Drinking Establishment). Alternative uses falling within classes A1 (Retail) A2 (Financial & Professional Services) and A3 (Restaurant & Cafe) are viable alternative uses without the need to secure planning permission.
The accommodation includes ground floor front bar area, w.c., dining room, kitchen area and store, first floor 3 bedrooms with en-suite shower room, sitting room and several other rooms with restricted headroom and sloping ceilings. Outside to the rear is a gravelled yard.
Main Bar Area:
With fireplace with built in cupboard to the side, part quarry tiled floor. Front Entrance door and seating area to the other side with fireplace and panelling to walls.
Inner Lobby area:
With quarry tiled floor, side Entrance Door.
Rear Entrance Hall with Ladies w.c.
With fireplace, bench seating.
With gas fired boiler with area beyond and then rear store and cellar area.
Stairs to first floor with Rooms to include:
3 Rooms with Sloping Ceilings
Small Front Room
With wardrobes, sloping ceiling and fireplace.
Off Main Landing:
With En Suite Shower Room.
With En Suite Shower Room.
Further Landing Area:
With En Suite Shower Room and large walk in storage area.
Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.
Through our verbal enquiry with the East Lindsey District Council we are advised that the rateable value is £11,750.00.
Vat will be payable at the standard rate (20%) on 90% of the purchase price.
Banks Long & Co, 15 St Mary’s Street, Lincoln, LN5 7EQ. Telephone: 01522 544515
Property Misdescriptions Act 1991
These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town & Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, Lincolnshire on 01427 616436.
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