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Royal Oak, Stocks Lane

For sale: £375,000.00|10000 Sq Ft|Pubs/Bars/Clubs, Restaurants/Cafes, Leisure Property, Licensed & Leisure

PROPERTY DETAILS

FOR SALE£375,000.00
SIZE10000 Sq Ft
ADDRESSRoyal Oak, Stocks Lane, East Wittering, Chichester, PO20 8EB
TYPEPubs/Bars/Clubs, Restaurants/Cafes, Leisure Property, Licensed & Leisure
TENUREFor Sale Leasehold
POSTED ON8th September 2020

DESCRIPTION

Key Points

  • New Re-configured A4 Public House
  • Letting accommodation above
  • Parking at rear
  • Adjacent to Village Centre
  • Mixed Use Area
  • Freehold and leasehold offers invited
  • Summary

    Re-configured public house adjacent to village centre.

    Description

    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 frame and UPVC double glazed windows. Planning permission Ref EWB/18/00016/FUL has been granted for the pub to be upgraded and converted to provide eight B & B ensuite letting rooms on the ground and upper floors. The developer is going to renovate the external appearance of the building to replace all windows and doors with UPVC double glazed units 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 and toilets will be cleaned out and left ready for the purchasers fit out.

    Location

    The property is situated on the south side of Stocks Lane in East Wittering. The A27 is approximately 7.5 miles (12 km) to the north east, Chichester 8 miles (12.8 km) to the north east and Portsmouth 23 miles (37 km) to the west. The site is located at the eastern edge of the village centre with nearby occupiers including a Co-Op Convenience store and Tesco Express. The areas to the south and east of the site are predominantly residential.

    Terms

    The public house will be sold on a 999 year lease, subject to a peppercorn rent, with vacant possession.

    LOCATION

    Location: Royal Oak, Stocks Lane, East Wittering, Chichester, PO20 8EB

    Bosham (5.2 miles)

    Fishbourne (Sussex) (5.4 miles)

    Nutbourne (5.4 miles)

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