Red Lion, High Street, Gillingham, SP8 4AA

Description
The site is extensive and covers 2.2 acres (0.89 hectares) and is irregular in shape, featuring sloping topography.

The public house is a Grade II Listed semi-detached public house with painted brick and rendered elevations under a pitched clay tile roof with mixed glazing.

Location
The property is prominently positioned on the High Street in the centre of Gillingham, a historic market town in north Dorset and benefits from footfall generated by surrounding retail, hospitality and residential uses.

The town forms part of the Dorset Council district and has experienced significant residential growth in recent years. The town retains a traditional market town character with a mix of independent retailers, cafés, public houses and other amenities located along the High Street and surrounding streets.

Gillingham is situated approximately 5 miles north-west of Shaftesbury, 14 miles north-east of Sherborne and 25 miles west of Salisbury by road. The town benefits from good transport connectivity, being approximately 4 miles south of the A303, which provides strategic routes towards London and the South West, while the A350 provides access towards Poole and the wider Dorset region. Gillingham railway station is located on the London Waterloo to Exeter St Davids line, providing direct services to both destinations.

Gillingham sits within the picturesque Blackmore Vale countryside, surrounded by farmland, small villages and numerous walking and cycling routes which attract visitors to the area.

Planning
We understand that the property has the following designations:-

The pub is Grade II listed (ref: 1110295)
Located in a conservation area
Within the village settlement
Within Flood Zone 3 (prohibitive)
Local Authority: North Dorset

The seller has previously obtained Planning Permission and Listed Building Consent for refurbishment and alterations of the ground floor area of the pub to open up the ground floor, move the cellar to the rear of the pub and move the rear WCs to the first floor in 2023, these permissions have not been implemented. Please refer to Dorset Council website Under Planning Ref P/FUL/2023/04960 and P/LBC/2023/04961

Tenure
The property will be sold with vacant possession of the pub and cottage but subject to the excluded Lease to Gillingham Town Council of the amenity land referred to as Lot 2 above and subject to a garden licence agreement for the Lot 3 area shown in edged green on the plan which runs to 31 July 2028 at a rent of £375 pa. Depending on final lotting, rights for access and services may need to be granted/reserved as necessary.

Guide Price
We are seeking offers in the order of £625,000 for the freehold of the whole, with offers invited for the individual lots as follows:-

LOT 1: Public House & Yew View Cottage– £575,000 + VAT
LOT 2: Amenity Land - £25,000 + VAT
LOT 3: Amenity Land - £25,000 + VAT

TUPE may apply.

Overage
The seller intends to apply a 50% overage if planning obtained for alternatives uses for a period of 50 years, payable on implementation.

Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.

Viewings
All viewings must be made by prior appointment only and under no circumstances should any direct approach be made to any of the occupational tenants staff. For further information and all viewing requests please contact the sole selling agents Savills.