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Create Alert Results - 2 Licensed & Leisure properties for auction .

• Planning Consent granted for Residential Conversion to 1 x One Bedroom Flat and 4 x Two Bedroom Flats and the Retention of the Public House on the Ground Floor
• 300m from Woolwich Arsenal Rail and DLR Station
• 350m from Royal Woolwich Arsenal Crossrail Station due to be completed at the end of 2018
• Crossrail Journey Times of Canary Wharf (8 mins), Liverpool Street (14 mins), Bond Street (22 mins) and Paddington (25 mins)
• Situated opposite the Spray Street Quarter Regeneration Area

Vacant Posssession


Woolwich Arsenal lies within the London Borough of Greenwich and was the former home to the British armed forces. Woolwich is situated on the banks of the River Thames 9.6 km (6 miles) to the south of Stratford, 5.2 km (3 miles) east of Greenwich and 11 km (7 miles) north-west of Dartford. The South Circular Road runs through the centre of Woolwich, providing links to both the A2 and the A12. The property is situated on the eastern side of Burrage Road, to the south of its junction with Plumstead Road. Woolwich Arsenal Station lies approximately 300 metres (0.2 miles) from the entrance of the property and provides direct trains to London Cannon Street (29 minutes), London Bridge (23 minutes) and Charing Cross (29 minutes) which, in turn, provide links to a number of London Underground services.
The property also benefits from close proximity to the DLR (Docklands Light Railway), providing regular trains to London City Airport (7 minutes), Canary Wharf (19 minutes), Stratford (19 minutes) and Bank (27 minutes). City Airport is a short distance to the north-west, providing regular and direct flights to numerous European and international destinations, including Barcelona, Palma, Frankfurt, Dublin, Geneva, Venice and Zurich.

The property comprises a public house at lower ground and ground floors, 10 bedsitting rooms over the ground and first floors and a three bedroom flat (not self-contained) on the second floor. The property is of brick construction beneath a pitched tiled roof. There is a small terrace to the rear on the ground floor and a courtyard/drinking area at the front. The property extends to approximately 0.028 hectares (0.07 acres). The current use of the property is A4 (drinking establishment).

Existing Accommodation
Ground Floor – Public House, Kitchen, Two Bedsit Rooms, WCs
First Floor – 8 Bedsit Rooms (1 x En-Suite), Two Shower Rooms, Kitchen/Dining Room
Second Floor – Three Bedroom Apartment (not self-contained)

Local Planning Authority: London Borough of Greenwich.
Tel: 0208 854 8888.
Email: planningapps@royalgreenwich.gov.uk
Full planning consent (Ref:16/2405/F) was granted in July 2016 for the following: ‘Retention of public house and construction of a second floor extension to facilitate the creation of 1 x one bedroom and
4 x two bedroom self-contained flats at ground, first and second floor levels’.

To View
Please email: Richard How.
Email: richard.how@allsop.co.uk
The Queens Arms 23, Burrage Road, London, SE18 7LQ
A Freehold Three Storey Former Public House (A4 Use Class)
Type: Residential, Pubs/Bars/Clubs, Licensed & Leisure
Location: The Queens Arms 23 Burrage Road, London, SE18 7LQ
Images: 2
Brochures: 1
View Property
Large semi-detached premises
Potential to convert to mixed use or flats
Accommodation over three storeys
Full conversion/renovation required
Approximately 3,930 Sq.Ft (taken from EPC)
Vacant possession
Close to amenities
Good residential location

This property is situated in an elevated position fronting Cardiff Road between the junctions of Chapel Street and Mount Hill Street. Located in Aberaman a small area on the outskirts of Aberdare Town centre, which lies 1.5 miles northwest of the property. Within Aberdare, there are a wide range of amenities including leisure facilities, supermarkets, retail outlets, schools and a college.
Aberdare is within the Cynon Valley at the confluence of the River Dare and Cynon. Just four miles northeast is the large town of Merthyr Tydfil. The capital city of Cardiff is 21 miles south east and can be accessed directly off the A470.
Sandwiched between the Brecon Beacons National Park and The Afan Forest Park the area attracts visitors all year round. Both Parks are well known for mountain biking and hiking or hillwalking trails for people keen to experience the outdoors and the scenic views on offer.

A substantial former public house adjoining two storey terraced housing. Ideal for any investor looking for a property requiring total renovation or conversion (STP).
The property offers spacious and versatile accommodation arranged over three floors, totalling approximately 3,930 Sq.Ft.
Given the right programme of renovation/ conversion and subject to the necessary planning permissions, we estimate the property could provide space for six flats arranged over the ground, first and second floors.
Alternatively the property could be renovated and re-instated as a public house/hotel.
Externally the property enjoys a small garden to the rear, and further benefits from ample car parking to the front and side.

Total – 3,930 Sq. Ft (365 Sq. M)
Approximate gross internal floor area taken from commercial EPC.
Please note an inspection has not been undertaken.

We understand the property to have mains electricity, water and drainage.


Investment Analysis
Subject to the necessary planning permissions we estimate the property could be converted into 4 x two bedroom flats and 2 x one bedroom flats.
If converted into flats, the property has the potential to generate an income in the region of £25,200 – £32,400 per annum, providing a gross yield of between 13.62% and 17.51% based on the guide price, before taking into account purchase costs or conversion costs.

Council Tax
The property is rated in Council Tax Band A. Council Tax payable (2017/18) is approximately £1,070.

Rateable Value
The property has a current rateable value of £4,400. We advise all interested parties to make their own enquiries.

Guide Price

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The Kings Head, 263-265, Cardiff Road, Aberdare, CF44 6RD
Substantial Former Public House – Residential Development Opportunity (STP) – Approx. 3,930 Sq.Ft of Accommodation
Type: Residential, Mixed use, Retail, Hotel, Pubs/Bars/Clubs, Other Property Types & Opportunities, Licensed & Leisure
Location: The Kings Head, 263-265 Cardiff Road, Aberdare, CF44 6RD
Size: 3930 Sq Ft
Images: 1
Brochures: 1
View Property
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