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Hope And Anchor, 13 St. Michaels Lane, Bridport, Dorset, DT6 3RA

Guide Price
£395,000

£103.05 per sq ft

Business rates & charges may apply

Vickery Holman, Leisure
SIZE AVAILABLE

3,833 sq ft

356 sq m

SECTOR

Pub for sale

Key features

  • Free of tie public house investment
  • Business not affected
  • Rental income £40,000 pa
  • Busy pitch just off town centre
  • Grade II Listed with beer garden
  • Two bed flat
  • Represents NIY of 9.72% assuming purchase costs of 4.14%
  • Freehold includes ground rents from 2 long leasehold units

Description

A public house investment sale of the freehold land and buildings at the Hope and Anchor, St Michaels Lane. Principle building being that of a two storey end of terrace pub with ground floor trading area, first floor living accommodation and beer garden to rear. Long term tenant in situ and current rent £40,000 per annum.

Location

Bridport is a busy and well regarded market town in Dorset, close to the coast at West Bay. The Hope and Anchor is situated on the corner of St Michael's Lane and Rope Walks, close to the town centre and car parks. It is considered a strong secondary location.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net / gross internal basis.

Front entrance via lobby to public bar (10.3m x 6.2m av). Long wooden bar servery, feature fireplace and space for approx. 20 covers. Access to ladies, accessible and gents WCs. Beer cellar with rear access door. Additional trade area (4.1m x 4.1m) with access to beer garden, kitchen and pool room (4.7m x 3.7m). Kitchen (4.8m x 2.5m).

To the rear of the venue is an enclosed beer garden with space for approximately 6 benches. Off street parking for one vehicle.

The private accommodation is accessed via an external stairway with landing, WC, bathroom, lounge (3.8m x 3.2m), kitchen (3m x2.8m), bedroom (4.5m x 3.2m) and bedroom (3.6m x 2.6m).

Planning

Sui generis pub use.

Rent / Price

Guide price £395,000.

Business Rates

From the Valuation Office Agency website ( we understand that the current Rateable Value is £17,500. Council tax band B. Tenant responsible for rates and council tax payable.



Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC

C(60)

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

We are advised that the property is opted to tax and VAT will apply. It is our clients intension to sell as a going investment concern.

Brochures

Hope And Anchor, 13 St. Michaels Lane, Bridport, Dorset, DT6 3RA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Maiden Newton Station9.0 miles

About Vickery Holman, Leisure

Walsingham House, Newham Road, Truro, TR1 2DP

Vickery Holman is a multi-disciplined property company who have been trading in the south west since 1848.

With offices in Exeter Plymouth and Truro, we pride ourselves on our local property knowledge and regional coverage. We deliver commercial property opportunities to a wide range of clients from single tenants to large scale investors.

Can’t find what you are looking for here? Call one of our offices in your area to speak to our experts who can identify with your property requirements and guide you through the process to find the right option for you.

Notes

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