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The Freemantle, 27 Paynes Road

For sale: £375,000.00|0.15 Acre|Pubs/Bars/Clubs, Licensed & Leisure

PROPERTY DETAILS

FOR SALE£375,000.00
SIZE0.15 Acre
ADDRESSThe Freemantle, 27 Paynes Road, Southampton, SO15 3BX
TYPEPubs/Bars/Clubs, Licensed & Leisure
TENUREUnder Offer, For Sale Freehold
POSTED ON16th December 2020

DESCRIPTION

Key Points

  • Traditional public house
  • Prominent corner location opposite BP petrol filling station
  • Of interest to takeaway users, roadside retailers and developers alike
  • Freehold available
  • To be sold with vacant possession
  • Summary

    Traditional Public House

    Description

    The site extends to 0.148 acres (0.060 hectares) and is regular in shape with a uneven topography sloping from front to rear. The building is traditional brick built, two storeys in height and under a pitched clay tiled roof. Fenestration is predominantly UPVC construction. The trading area is arranged at ground floor level. It is split into two areas, both of which are open planned incorporating a single wooden bar servery serving at both areas. There are two sets of Ladies and Gentleman’s WCs which are located to the rear of each respective bar area. There is a commercial kitchen at the rear and a cellar basement level. At first floor there are three bedrooms, lounge, kitchen and a bathroom. To the font of the property car parking is provided for approximately 8 vehicles. To the rear of the property is a trade garden which is accessed from Park Road. There is also a small single storey garage used for storage also accessed from Park Road. The ground floor of the pub measures approximately 130 sq m (1,400 sq ft). The first floor measures approximately 91 sq m (982 sq ft). We have not measured the basement.

    Location

    The pub occupies a prominent corner position at the junction of Paynes Road and Park Road. The surrounding properties are predominantly in residential use although there is a BP petrol filling station situated immediately opposite. Located approximately 100 meters to the north is Shirley High Street where a number of major retailers are located.

    Rateable Value

    The property is Listed in the 2017 Rating List with a rateable value of £9,500. The National Multiplier in England for 2019/2020 is 0.512.

    Premises Licence

    The property has been granted a Premises Licence in accordance with the Licensing Act 2003. The pub is licensed to operate Monday to Sunday 07:00 – 12:30.

    Planning

    The property is not listed and nor does it sit within a conservation area. The property currently holds ‘Sui Generis’ Public House consent.

    Tenure

    The property is available freehold with vacant possession.

    Guide Price

    Offers are invited in the order of £375,000. VAT will be applicable.

    Fixtures & Fittings

    Fixtures and fittings are not included but the Vendor is not required to remove any prior to completion.

    Energy Performance

    The public house has an EPC rating of D-79. The EPC is available to seriously interested parties upon request.

    Viewing

    For a formal viewing, strictly by appointment with Savills.

    LOCATION

    Location: The Freemantle, 27 Paynes Road, Southampton, SO15 3BX

    Southampton Central (0.6 miles)

    Millbrook (Hants) (1.0 miles)

    St Denys (1.7 miles)

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