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Agent's details

The Radstock Hotel, Market Place

For sale: £600,000.00|1.12 Acre|Hotels, Pubs/Bars/Clubs, Licensed & Leisure

Property details

FOR SALE£600,000.00
SIZE1.12 Acre
ADDRESSThe Radstock Hotel, Market Place, Radstock, BA3 3AD
TYPEHotels, Pubs/Bars/Clubs, Licensed & Leisure
TENUREFor Sale Freehold
POSTED ON27th June 2022

Description

Key Points

  • Traditional Coaching Inn
  • Site Area – 0.454 ha (1.124 acres)
  • 11 en-suite letting rooms over 3 floors
  • Large site with various outbuildings offering development potential (stp)
  • Prominent roadside position on main thoroughfare into Radstock.
  • Summary

    Traditional Coaching Inn with 11 en-suite letting rooms in a prominent roadside location.

    Description

    The property is a Grade II Listed building constructed in approximately 1700. The building is arranged over 3 floors and is part stone and brick built with a slate tiled roof to the main building and a clay tiled roof to the single storey extension at the rear. There are a number of outbuildings included within the demise which are brick built with either a pitched tiled or asbestos profile sheeting roof.

    To the side and rear of the property is a large unmarked tarmacadam car park and beyond at the rear is a lawned trade garden. The topography rises from south to north and the site is irregular in shape, measuring approximately 0.454 ha (1.124 acres).

    Internally, the property comprises a large central bar servery which is traditional in style. There a various seating areas either side of the servery including an entertainment/pool area. Kitchen and back of house areas are located at the rear. There are 11 en-suite bedrooms (4 single; 5 double; 2 twin) arranged
    over first and second floor. The outbuildings are mostly redundant or used for storage purposes.

    Location

    The property is located in the centre of Radstock in Market Place fronting the Bath New Road (A367). The immediate area is mixed with commercial and residential surrounding. Wellow Brook is also located to the south of the property.

    Radstock is a town and civil parish in Somerset, England, 9 miles (14 km) south west of Bath, 8 miles (13 km) north west of Frome, 12 miles (19 km) west of Trowbridge, 12 miles (19 km) north east of Wells and 18 miles (28 km) south east of Bristol. It is on the northern slope of the Mendip Hills and is 4 miles (6 km) south of the Cotswolds Area of Outstanding Natural Beauty. It is within the unitary authority of Bath and North East Somerset and had a population of approximately 5,600 persons.

    Planning

    Our informal planning enquiries confirm that the premises is permitted as a hotel (Use Class C1). The property is Grade II listed and lies within Radstock conservation area.

    The property also falls within flood zones 2 and 3.

    Tenure

    Freehold. The property will be sold as a going concern. TUPE regulations will therefore apply.

    Guide Price

    Guide price £600,000 for the freehold. It is anticipated VAT will not be applicable.

    Location

    marker
    Location: The Radstock Hotel, Market Place, Radstock, BA3 3AD

    Oldfield Park (6.7 miles)

    Bath Spa (7.0 miles)

    Freshford (7.1 miles)

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