3 bedroom pub for sale

Richmond Inn, 108 Portswood Road, Southampton, Hampshire, SO17

Under Offer £425,000

Property Description

Commercial information

  • Use class orders: A4 Drinking Establishments

Key features

  • Best bids deadline - Friday 3rd August 2017 mid-day
  • Freehold Public House - 425,000
  • Public house located in popular Southampton suburb
  • Two-section bar with detached function building
  • Good sized 3-bedroom private accommodation
  • Beer garden and private car park to rear
  • Sale of alcohol permitted until 12:00am x 7 days
  • Mixed retail, leisure, commercial and residential area

Full description

Tenure: Freehold

Location
The Richmond Inn is located in Southampton, one of the
largest cities in the South of England with a population
of 254,275* with distances from major cities as follows;
London 70 miles, Portsmouth 20 miles, Bournemouth 30
miles and Winchester 13 miles. The city has two major
universities and campuses accommodating around
25,000 people; the Southampton University Highfield
campus is 1.0 mile to the north. The property is located
in the busy Portswood suburb which is 1.5 miles from
the city centre and borders the desirable residential area
of Highfield. Portswood Road benefits from a variety
of multiple and independent retail and leisure offerings,
including Trago Lounge, Baffi and 7Bone Burger Co. *
Mid year estimate 2016.

Property
The Richmond Arms occupies a mid terrace position and
is arranged over basement, ground and first floors.
The building is primarily brick construction under a
pitched tile roof with a detached outbuilding, gardens
and car-park located to the rear of the plot.

Internal Description
The pub has two adjacent trade areas served by a
central bar with customer seating for approximately
44 in addition to 10 bar stools. Ancillary space is
accessed via a rear circulation area that includes ladies'
and gents WCs and a separate entrance to private
accommodation incorporating a former kitchen, dining
room and storage. The basement has a cold room and
storage. The first floor is accessible via an entrance to
the rear garden and provides three bedrooms, reception,
office, bathroom and WC.

The ground floor extends to approximately 2,174 sq ft
(202 sqm) and the basement 602 sq ft (56 sqm). The first
floor has not been measured.

External Description
Located to the rear of the property is a beer garden
with seating for approximately 44 which leads to a
private garden and car park (with vehicular access from
Portswood Road). Within the garden is a detached
function building which extends to approximately 495
sq ft (46 sqm).

Premises Licence & Opening Hours
We understand a Premises Licence has been granted
that permits various activities, including:
Sale of Alcohol on Monday to Saturday 10:00 - 00:00
and Sunday 11:00 - 00:00.

Fixtures & Fittings
We understand that all remaining trade fixtures and fittings
owned outright by our client will be included as part of the
sale price (excludes stock at valuation).

Tenure
Freehold with vacant possession on completion. Price
£425,000 (Four Hundred and Twenty Five Thousand
Pounds). VAT will be applicable at the going rate on
90% of the purchase price.

The Business
No trade information will be provided or warranted.

Rating
The subject property is listed in the 2017 Rating List with
a Rateable Value of £23,500. The National Multiplier for
England and Wales for 2018/19 is £0.493.

Planning
We understand the premises benefits from an A4 Use
Class. We understand the property is not listed nor is it
located within a conservation area.

Energy Performance
The property has a D-81 rating. A copy of the EPC is
available upon request.

Viewing
For a formal viewing, strictly by appointment with Savills.
Staff are not aware of the sale; no direct approaches are
to be made.


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • St. Denys (0.3 mi)
  • Bitterne (0.8 mi)
  • Southampton Central (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Savills Licensed Leisure, Southampton

2 Charlotte Place, Southampton, SO14 0TB

02382 200001 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

  • St. Denys (0.3 mi)
  • Bitterne (0.8 mi)
  • Southampton Central (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Savills Licensed Leisure, Southampton

2 Charlotte Place, Southampton, SO14 0TB

02382 200001 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 CBRICHMONDINN. 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 Savills Licensed Leisure, Southampton. 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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