Stowmarket - Freehold Vacant Pub Investment

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Investment Consideration:
Vacant possession
ERV: £20,000 p.a. GIY: 7.69%
VAT is NOT applicable to this property
Comprises ground floor public house with cellar at basement and 3-bedroom owner`s accommodation at first floor
Total area size of 129 sq m (1,384 sq ft)
Outdoor trade patio (20 covers)
Fire alarm and CCTV security system
Fully double glazed windows
Located in predominantly residential area, within 0.5 miles from the town centre

Property Description:
The property comprises ground floor public house with cellar at basement, trade patio at rear and 3-bed owner`s accommodation at first floor.

The property provides the following accommodation and dimensions:
Ground Floor: Bar Area (20), Games Room (8), Catering Kitchen, WCs
First Floor: 1 Double and 2 Single Bedrooms, Lounge, Bathroom
Basement: Open Plan Cellar
Outdoor: Trade Patio (20), Single Garage

Tenancy:
The entire property is at present vacant. ERV: £20,000 per annum.

Location:
Stowmarket is a market town in Suffolk, England, situated approximately 13 miles north of Ipswich, 14 miles east of Bury St Edmunds, 37 miles south west of Norwich and 95 miles north east of London. The town is served by its own railway station which sits on the Great Eastern Main Line 80 miles and 9 chains down the line from London Liverpool Street. Regular bus services also allow travel to the nearby towns of Ipswich and Bury St Edmunds as well as a number of neighbouring villages. The nearest airport is the Norwich International Airport located 41 miles north. The Crown is situated in a corner position between Crown Street and Regent Street in a predominantly residential location attracting locals from the surrounding streets.