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5 bedroom pub for sale

The Kings Arms, Coggeshall Road, Broad Green, Coggeshall, Essex

Guide Price* £300,000

Property Description

Key features

  • For sale by auction
  • Investment Freehold Building
  • Bedrooms: 5

Full description

Tenure: Freehold

Lot 109 - This lot is for sale by auction as lot 109 on 15th December 2016.

Freehold Public House with Outbuildings

- Occupying a Site extending to Approximately 0.195 Hectares (0.483 Acres)
- Subject to a Lease expiring 1st July 2019
- Possible potential for Development, subject to obtaining all necessary consents
- Current Rent Reserved

£28,200 per annum


Tenure
Freehold.

Location
The property is located on the north side of Coggeshall Road (A120), to the east of its junction with Bracks Lane. The A120 leads to the A12 (Junction 25) to the east. Local shops are available in Marks Tey to the east, with the further more extensive facilities of Colchester being to the east and those of Braintree being to the west. Rail services run from Marks Tey Station approximately 2.5 miles to the east.

Description
The property comprises a detached public house arranged over ground and first floors beneath a pitched roof. The property is internally arranged to provide a bar area, restaurant, kitchen, storage and WCs on the ground floor together with three en-suite guest bedrooms on the first floor. Externally, there is a single storey detached building which is internally arranged to provide a fourth guest bedroom with en-suite shower room, WC and basin. There is a further detached single storey chalet building internally arranged to provide a double bedroom with en-suite shower room, WC and basin. The property further benefits from a car park, BBQ and patio area and a garden with children's play area.

Accommodation
A schedule of Accommodation is set out below.

Tenancy
The entire property is subject to an 8 year lease from 2nd July 2011 at a current rent of £28,200 per annum.

Planning
Local Planning Authority Colchester Borough Council.Tel 01206 282424.The property may afford potential for development, subject to obtaining all necessary consents.

To View
Please Call The Estate Office.Tel 0207 266 8500 (Ref Nic Shaer).Email n.shaer@estate-office.com

Seller's Solicitor
Messrs DWFM Beckman (Ref M. Frankel).Tel 0207 872 0023Email monty.frankel@dwfmbeckman.com

Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'TBA', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at www.auction.co.uk. Please check regularly for updates. Lots may be sold or withdrawn prior to auction.

Nearest stations

  • Kelvedon (2.5 mi)
  • Marks Tey (2.7 mi)
  • Chappel & Wakes Colne (3.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Allsop , Auction

33 Wigmore Street , London, W1U 1BZ

020 8012 1518 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

  • Kelvedon (2.5 mi)
  • Marks Tey (2.7 mi)
  • Chappel & Wakes Colne (3.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Allsop , Auction

33 Wigmore Street , London, W1U 1BZ

020 8012 1518 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 970000167. 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 Allsop , Auction. 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.

*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 Allsop , Auction on 0207 494 3686.


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