Pub for sale

Abbotsbury Road, Weymouth, Dorset, DT4

Under Offer 4,844 sq. ft. | £295,000

Property Description

Commercial information

  • 4,844 sq ft (450 sq m)

Key features

  • The first floor comprises manager's accommodation and up to 7 letting rooms.
  • Less than 1 mile from the Esplanade and its sandy beach.
  • Profits from its large bar areas and skittles alley
  • This property is an ideal investment opportunity

Full description

Summary
The Waverley Arms is a substantial and attractive end of terrace public house, located on the corner of Franklin Road and Abbotsbury Road. Planning permission has been granted for the refurbishment of the public house and the conversion of the upper floors to provide 3 self-contained flats, one of which could be the ancillary manager's accommodation. The property is an ideal investment opportunity or would suit owner occupiers to run the public house and receive additional income through the rental of the apartments.

Description
The property is a large end of terrace 2 storey property with feature gables and built in a mock Tudor style with the site area extending to 0.045 hectares. The building is currently trading and profits from its large bar areas and skittles alley which has the potential to be further utilised as a games room or function room. The first floor comprises manager's accommodation and up to 7 letting rooms.

Planning
A planning application (ref: WP/15/00659/FUL) has been granted for the improvements to the current public house on the ground floor by proposing a new commercial kitchen, an enlargement of the over-ground cellar and the introduction of an off-sales area at the front of the building. The upper floors of the property will be converted to provide 3 self-contained flats, one of which could be ancillary manager accommodation.

The proposed development utilises the existing building and the schedule of accommodation for the ground and first floor is as follows:-

Ground Floor A4 Public House GIA Size (sqft) = 3284
First Floor Accommodation GIA Size (sqft) = 973
First Floor 1 bedroom Flat 1 GIA Size (sqft) = 638
First Floor 2 bedroom Flat 2 GIA Size (sqft) = 793

Further detail with regards to the specification to the proposed flats and public house are included in the planning pack. A Section 106 Agreement has been signed and an affordable housing contribution of 16,080.90 will be payable to Weymouth and Portland Borough Council.

Services
We believe that all main services are located in the vicinity of the site; however, prospective purchasers should make their own enquiries with the appropriate service providers. The rateable value with effect from 22nd March 2012 is 7,500.

Mechanical engineering works including flues, fans and associated pipework positions to support the implementation of the new pub kitchen and cellar as well the first floor flats have also been approved under this application.

Location
The property is located at the junction between Franklin Road and Abbotsbury Road and is approximately 0.5 miles from the centre of Weymouth and less than 1 miles from the Esplanade and its sandy beach. The overall area is predominantly residential in nature; however there are a number of commercial premises including convenience stores, hairdressers / beauty salon, pharmacy etc. along Abbotsbury Road supporting the local community.

Tenure
Freehold. The site is offered with vacant possession on legal completion.

Legal Cost
Each party will be responsible for their own legal expenses.

VAT
VAT will be charged at the standard rate.

Nearest stations

  • Weymouth (0.7 mi)
  • Upwey (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Caldecotte Group, Milton Keynes

Rutherfords 3 Carrera House, Merlin Centre Gatehouse Close, Gatehouse Industrial Area, Aylesbury, HP18 8DP

01908 871007 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Weymouth (0.7 mi)
  • Upwey (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Caldecotte Group, Milton Keynes

Rutherfords 3 Carrera House, Merlin Centre Gatehouse Close, Gatehouse Industrial Area, Aylesbury, HP18 8DP

01908 871007 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference Waverley_arms_DT40JX. 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 Caldecotte Group, Milton Keynes. 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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