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4 bedroom commercial property for sale

Stone Barn Ln, Palace fields

Offers Over £400,000

Property Description

Key features

  • Ideal for restaurant subject to PP
  • Possible redevelopment
  • Scope to develop for residential use subject to PP
  • Will rent or sell all or individual parts of the site
  • Total floor area of approx 11,400sqft
  • Vacant possession of all but the betting office
  • Rent negotiable dependant on term

Full description

Located within a predominantly residential area on the southern side of Stone Barn lane, which leads to Palace Fields Ave, which connects to the A5333 this is an outstanding opportunity for tenants.

Once part of a much larger residence built in the 15th century the Tricorn has most recently been used as a public house until it closed mid 2017.

The original building has been extended to create an attachment to the original barn & stables for the original house and which was latter-day converted to a function room. The development is surrounded by pleasant gardens to the front and an additional car park to the rear includes a detached building currently operated as a betting office.
The site has scope to be split into individual components and either let as separate entities or as a whole possible for redevelopment subject to permission.

Interested parties should make there own investigations into planning and the possible development of the site.

Rent £40,000 pa


Summary

Public house/Bar/Ancillery/Managers accommodation Approx :

Ground floor 768 sqm (8277 sqft)
First floor 227 sqm (2444 sqft)

Betting office Approx :

71 sqm (765 sqft)

Betting office is let on a 20 yr lease starting 29/9/2000 at £6000pa

The public house is currently vacant.

Tenants will be responsible for 50% of the legal costs in setting up the tenancy agreement.

A garden extends to the front of the property with car parking.
To the rear a car park which includes the betting office.

The site owners will consider proposals from interested parties for rental or sale of all or part of the site. Proposals must be made to Simply Commercial to include details of your ability to be able to proceed and your legal representative.

Viewing is available by contacting our rental team.


More information from this agent

Energy Performance Certificates (EPCs)

Floorplans

Map & Street View

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