New Hanney Spice (formerly The Lamb Inn), School Road, West Hanney, Wantage OX12 0LA
- PROPERTY TYPE
Restaurant
- SIZE
Ask agent
Key features
- Current EPC Rating: C67
- For Sale By National Online Auction Monday 2nd November 2026 Ending 3rd November 2026
- Detached Building
- Freehold
- Ground Floor Restaurant and First Floor Living Accommodation
- Yearly Income of £32,400
- Legal Pack Available to Download Free of Charge
- See Additional Fee Note
Description
Guide price £350,000 (plus fees). For sale by national timed auction, bidding opens 2nd of November 2026 and closes 3rd of November. An Indian restaurant with accommodation in Wantage. Legal pack available to download free of charge from our website.
Detached Freehold Investment
A detached restaurant situated in the village of West Hanney, near Wantage. The accommodation comprises a ground-floor restaurant and spacious first-floor living accommodation.
AUCTIONEERS NOTE LEASE AND TENANCY DETAILS
• Tenant: Tenanted (trading since 2014)
• Let on a 25-year FRI lease from December 2009 (expires 2034)
• Current Rent: £32,400 per annum (from Dec 2024)
• Rent includes both restaurant and residential accommodation
• Next open market rent review in 2029
ACCOMMODATION Ground Floor:
The restaurant is currently currently let to a well-established Indian restaurant. 52 covers, kitchen and toilets.
First Floor:
The first floor offers a four bedroom living accommodation.
External Rear:
A garden and an 18-space private car park.
VIEWINGS Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on to request a viewing.
FULL DETAILS Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website. All published information is to aid identification of the property and is not necessarily to scale.
NOTICE TO BIDDER Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.
Tenure: Freehold
EPC Rating: C67
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
New Hanney Spice (formerly The Lamb Inn), School Road, West Hanney, Wantage OX12 0LA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Appleford Station7.3 miles
About Auction House, South West
Suite 204B, Second Floor, Studio 5-11, Millbay Road, Plymouth, Devon, PL1 3LFNotes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, South West on 01752 741383.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”