Skip to content

Oldminster Road, GL13

£680,000

£122.19 per sq ft

Business rates & charges may apply

GFC Property ltd, Sharpness
SIZE AVAILABLE

5,565 sq ft

517 sq m

SECTOR

Pub for sale

Key features

  • Well presented Pub/Hotel stepped back from road
  • Ground floor trading/preparation area
  • Large DRY cellar (Potential to convert as kitchen or stores)
  • Upper floors available as private accommodation or letting rooms
  • New roof and windows
  • Large car park
  • Space for secluded beer garden/patio
  • Interior all stripped back providing a blank canvas for easy development
  • Viewing strongly recommended to see full potential

Description

LOCATION

Pier View Hotel is located in the village of Sharpness North of Berkeley and close to the River Severn and Gloucester & Sharpness Canal

Travel and transport connections are superb, whether you're travelling by road or rail. Sharpness is around a 12 minute drive from the M5 motorway, for onward travel to Bristol (32 minutes), Gloucester (34 minutes) and Swindon (around an hour).

For train travel, Cam and Dursley railway station is about 14 minutes in the car and offers services to Bristol (22 minutes), Bath (1 hour and 9 minutes), Gloucester (24 minutes) and Worcester (1 hour and 4 minutes). For air travel, Bristol Airport is around a 46 minute drive, and offers flights around the globe.
There is easy access to both the A38 and M5 motorway

DESCRIPTION

Pier View Hotel is a substantial freehold hotel/pub offering opportunity as a gastro pub on the ground floor with four Air B&B units or private accommodation on the second and third floors. The premises have been closed for the last two years

Dating from 1894 Pier View Hotel comprised a large Victorian 3 storey hotel which also provided a bar for non-residents. The ground floor has been used as a public house although the primary hotel use continued to operate until it closed approximately two years ago. The building is set back from the road and centred on an elevated plot. It enjoys an open outlook towards the Sharpness Docks and benefits from a large carpark to the front. We understand the property is not listed
The present owners applied to convert the premises into five flats however this was declined and the owners were advised that the council require the property to be returned to use as a public house with accommodation.
There have been significant developments of new properties nearby, towards Berkeley, with further estates planned in the local vicinity.


ACCOMMODATION

The property benefits from significant recent improvements to the fabric following substantial water damage including a new roof and windows to the upper floors. As part of this work the site was stripped back to bare bones giving a unique opportunity to create a modern up to date facility
The accommodation comprised a ground floor pub/restaurant of around 210 Sq Mtr and cellar barrel pump room which may be suitable to convert into commercial kitchens.
The upper floors (approx. 275 sq mtr) originally comprised 6 hotel bedrooms plus large managers maisonette comprising 4 reception rooms, kitchen, 3 double bedrooms and 2 bathrooms.
Whilst undertaking the works to the roof and windows the upper floors were all stripped out providing the opportunity to reconfigure the accommodation possibly as three flats for managers accommodation or Air BNB or similar rental use.
To the front of the property is a large car park with space for outside seating
To the rear of the property there is space to create a patio/beer garden.

TENURE
The property I available as a freehold unit with no ties

PRICE
The property is listed for sale for offers in excess of £680,000 and will be subject to vat

RATEABLE VALUE
The property is currently not listed in view of the works already undertaken.

Oldminster Road, GL13

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lydney Station2.5 miles
  • Cam & Dursley Station4.9 miles

About GFC Property ltd, Sharpness

Unit 1, Office 1 Tower Lane, Warmley, BS30 8XT

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 34Oldminsterroad. 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 GFC Property ltd, Sharpness. 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.

Map data ©OpenStreetMap contributors.