Pub for sale

*PUB & LAND* Margetts Road, Kempston

Guide Price £499,950

Property Description

Full description

***PUB & LAND WITH PLANNING PERMISSION GRANTED***A rare opportunity to purchase this well established local pub and bar together with a large 2 bedroom apartment on the upper floor.As a free house there are no brewery ties offering complete control and flexibility with some excellent levels of income. The business is currently 100% wet however there is potential to offer food due to the large kitchen available.Located in the heart of Kempston this property is ideally situated within a large residential area. Close to many of the local amenities the Town has to offer including Banks, Supermarkets, Doctors Surgery and Hospital.Road links are favourable with the A421 Bypass offering access to the A1/M1 Motorways. There is also a regular bus service available from Bedford road nearby which runs into the nearby Bedford town centre.The Pub/Bar is in exceptional condition and has been well maintained by the current owners. Split over two levels the Pub offers fantastic versatility with a large traditional Bar area which accommodates room for tables and chairs and standing. There is also a spacious games level with additional seating including a pool table, skittles table and darts area.To the rear of the premises is an enclosed seating area (circa 30+ people) and sheltered smoking area.There is also a cellar area with an additional storage room with access from the Kitchen.We are advised all trade fixtures and fittings at present in the property are included within the sale, with the exception of one or two items which may be subject to lease or hire purchase agreements.The first floor accommodation comprises of: Two large bedroomsKitchenLounge/OfficeWC BathroomShould you wish to purchase this property for an investment to let we estimate the yearly rental value to be in the region of £20,000 P/A.Full trading information will be given to serious buyers following a formal inspection. We are informed that the headline income is as follows:Pub - Net Turnover circa £125,000-£140,000Trading HoursMonday to Friday 16:00pm - 23:30pmSaturday 13:00pm - 23:30pmSunday 13:00pm - 23:30pmLicensed HoursMonday - Thursday - 10:00am - 00:00amFriday - Saturday - 10:00am - 23:30amSunday - 10:00am - 00:00amBusiness RatesThe rateable value for March 2019 is £7,200CHECK OUT THE 3D VIRTUAL TOUR OF THIS COMMERCIAL PROPERTY VIA THE VIRTUAL TOUR TAB (desktop) OR SELECT THE FOLLOWING LINK - https://my.matterport.com/show/?m=ikEVdjtcdHHOur Virtual Tours bring another dimension to the marketing of our properties. Take a look through this fantastic business opportunity for as long as like, as many times as you like. -----------------------------------------------------------------------------------------------Plot located between 13-15 Margetts Road, Kempston with access from Margetts RoadPlanning permission granted for the erection of a 2 bedroom/2 bathroom dwelling with undercroft parking and private garden area.Planning permission ref 17/01277/FUL for the erection of a 2 bedroom detached dwelling with parking was granted on 27th September 2017.The property will be liable for CIL payment at the amount of £55 m2 (self builders will qualify for an exemption).Accommodation ScheduleType Sq.Ft. Bath Parking2 bed/2 bath dwelling c.1,030 2 3 parking spaces(over 3 storeys)Note: Subject to approval of a minor planning amendment, it may be possible to reconfigure the layout and convert the single parking space to additional accommodation (this is not to be a condition of sale)We believe that mains water, gas and electricity are available in Margetts Road, but prospective purchasers must satisfy themselves in respect to availability and adequacy of supplies to serve the new dwelling.


More information from this agent

Nearest stations

  • Bedford St. Johns (1.1 mi)
  • Bedford (1.2 mi)
  • Kempston Hardwick (2.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fry Estate Agents, Bedford

4 Hatfield Crescent, Bedford, MK41 9RA

01234 969174 Local call rate

How much will it cost me to call the number displayed on the site?

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Floorplans


To view this property or request more details, contact:

Fry Estate Agents, Bedford

4 Hatfield Crescent, Bedford, MK41 9RA

01234 969174 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

  • Bedford St. Johns (1.1 mi)
  • Bedford (1.2 mi)
  • Kempston Hardwick (2.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fry Estate Agents, Bedford

4 Hatfield Crescent, Bedford, MK41 9RA

01234 969174 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 9520016. 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 Fry Estate Agents, Bedford. 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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