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AGENT'S DETAILS

PROPERTY AGENT
Mark Minchell

Royal Oak, Stocks Lane, East Wittering, West Sussex

For sale: £375,000.00|Pubs/Bars/Clubs, Licensed & Leisure

PROPERTY DETAILS

FOR SALE£375,000.00
ADDRESSRoyal Oak, Stocks Lane, East Wittering, West Sussex
TYPEPubs/Bars/Clubs, Licensed & Leisure
TENUREFor Sale Freehold
POSTED ON2nd November 2020

DESCRIPTION

Description

Pub For Renovation


Location

The property is situated on the south side of Stocks Lane in East Wittering. The A27 is approximately 7.5 miles to the north east, Chichester 8 miles to the north east and Portsmouth 23 miles to the west.

The site is located to the edge of the village centre with nearby occupiers including a Co-Op convenience store and Tesco Express. The areas to the south and east are predominantly residential.

Planning

We understand that the premises benefit from Class A4/ use within the Use Classes Order 1987 (as amended).

The property is not listed and is not within a conservation area. Planning permission has been granted Ref EWB/18/00016/FUL to provide a public house with eight letting rooms.


VAT

We understand the property is registered for VAT.

Accommodation

The property comprises a two storey pitched roof building with a single storey extension to the rear. The property is of brick construction rendered white and is fitted with both timber and upvc double glazed windows.

The developer will renovate the external appearance of the building, replace all the windows and doors, render and decorate all external elevations, construct the rear car park and front seating area, and provide all new boundary fencing all at no cost to the buyer.

The ground floor bar area will be cleaned out ready for the purchasers fit out.

Business Rates / Council Tax Band

Rateable Value (2017): TBC.


EPC

We understand the property has an EPC rating of E103

Legal Fees

Each party to bear their own legal costs incurred.

Terms

The public House will be sold on a 999 year lease, subject to a peppercorn rent, with vacant possession. Offers in excess of £375,000 plus vat
( Agency Pilot Software Ref: 3101 )

LOCATION

Location: Royal Oak, Stocks Lane, East Wittering, West Sussex

Bosham (5.2 miles)

Fishbourne (Sussex) (5.4 miles)

Nutbourne (5.4 miles)

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