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Agent's details

Golden Pheasant, Gosport Road, GU34

For sale: £500,000.00|To rent: ROA|0.61 Acre|Pubs/Bars/Clubs, Licensed & Leisure

Property details

FOR SALE£500,000.00
TO RENTROA
SIZE0.61 Acre
ADDRESSGolden Pheasant, Gosport Road, Lower Farringdon, Alton, GU34 3DJ
TYPEPubs/Bars/Clubs, Licensed & Leisure
TENURETo Let, For Sale Freehold, For Sale Leasehold
POSTED ON21st February 2024

Description

Key Points

  • Attractive detached public house
  • Parking for 20 vehicles
  • Extensive trade garden
  • Site area of 0.61 acres (0.248 hectares)
  • Approximate Gross Internal area of 2,960 sq ft (275 sqm)
  • Freehold with vacant possession
  • Offers in excess of £500,000 invited
  • Offers also invited ‘To Let’
  • Summary

    Attractive detached public house with large car park and beer garden available for sale or to let.

    Description

    The property comprises a detached two storey public house with rendered, painted elevations under a pitched slate tiled roof. There is a large single storey element which extends from the northern elevation and is again rendered but with a pitched clay tiled roof.

    Upon entering the property at ground floor level is a prominent central bar servery with customer seating surrounding. There is a more formal dining area to the left and relaxed bar area to the right and rear. There is a large kitchen and coffee area located behind the bar.

    The cellar and WC’s are positioned in the single storey element of the building and beyond is a function room (not used).

    First floor level comprises of 2 bedroom managers accommodation, bathroom x2, lounge and office.

    The property has a GIA of 275 sq m (2,960 sq ft).

    Externally is a lawned trade garden (20 covers), an enclosed private garden, a garage and container store and a 20 space car park (15 tarmacadam & 5 gravel) at the front of the property.

    Location

    The Golden Pheasant is located in Farringdon (Lower) near Alton.

    Farringdon is a small village in Hampshire, approximately 4 miles south of the town of Alton on the A32 Fareham Road.

    The village is formed into two parts, Lower and Upper Farringdon, linked via Shirnall Hill, that rises from the east side of the A32.

    The immediate vicinity comprises of a mixture of uses with a BMW motorbike garage immediately adjacent to the south. To the west (rear) is Farringdon Business Park. To the east and north are mainly detached residential dwellings and agricultural land.

    Tenure

    Freehold with vacant possession on completion.

    Fixtures and Fittings

    All trade related fixtures and fittings will be included within the sale. No inventory will be provided.

    Planning

    The property is not listed, nor is it situated in conservation area.

    We understand the property benefits from Sui Generis use.

    Licensing

    We understand the property trades under traditional hours and is licensed to open under the following hours:

    Monday to Saturday 10:00 – 23:30
    Sunday 12:00 – 23:00

    The Business

    We understand there is a good local following and the public house has a 60:40 split in favour of wet trade. We are of the opinion there is an opportunity for an enterprising owner operator to invest in the pub and improve turnover/profitability levels.

    Rating

    The property is entered in the 2017 and 2023 Rating List with a Rateable Value of £18,000 and £12,000 respectively. The new list will come into effect from 1 April 2023.

    Energy Performance Certificate

    The property has an EPC rating of B-49. The EPC is available upon request.

    Guide Price

    Freehold offers in excess of £500,000 are invited.

    Rental offers are also invited for a new FRI lease with fixtures and fittings (no inventory schedule will be provided) to transfer.

    Viewing

    Viewings can be arranged by appointment with Savills.

    Location

    marker
    Location: Golden Pheasant, Gosport Road, Lower Farringdon, Alton, GU34 3DJ

    Alton (3.1 miles)

    Liss (6.5 miles)

    Bentley (7.2 miles)

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