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Agent's details

Crown & Tuns, New Street, OX15

For sale: POA|3,947 Sq Ft|Pubs/Bars/Clubs, Restaurants/Cafes, Licensed & Leisure

Property details

FOR SALEPOA
SIZE3,947 Sq Ft
ADDRESSCrown & Tuns, New Street, Deddington, Banbury, OX15 0SP
TYPEPubs/Bars/Clubs, Restaurants/Cafes, Licensed & Leisure
TENUREFor Sale Freehold
POSTED ON16th May 2024

Description

Key Points

  • Character Grade II listed public house in affluent Oxfordshire village
  • Potential for residential development (subject to all necessary consents)
  • Occupies a plot of approximately 0.2 acres
  • Benefits from a long rear garden with outbuildings and bar
  • 4-bedroom living accommodation over two upper floors
  • Internal customer seating (50) and external (70+)
  • Freehold offers guided at £695,000 with vacant possession upon completion (leasehold interest should be reported)
  • Summary

    A character Grade II Listed public house in Oxfordshire village with potential for residential conversion (subject to consents)

    Description

    The Crown and Tuns is a Grade II listed public house dating from the mid-18th Century. The property occupies a mid terrace position and is of three floors above basement and of stone construction under a pitched tile roof. To the rear are double and single storey extensions under pitched tile roofs. Located to the rear is a long trade garden. The entire plot extends to approximately 0.2067 acres.

    Location

    Deddington is a large village situated in North Oxfordshire approximately 6 miles south of Banbury, 11 miles north-east of Bicester and 10 miles east of Chipping Norton in the Cotswolds. The village benefits from good road access with the property being located on New Street which passes to the west of the centre and is lined by long stretch of traditional stone built properties. Soho Farmhouse is 8 miles to the south-west (typically a 20 minute drive). The village centre is located 300 metres north east and provides various retail amenities and services with a primary school. Several hospitality businesses are located in the centre including three public houses. Deddington (civil parish) has a population of 2,146 (2011 Census). The area is administered by Cherwell District Council.

    Availability_text

    The accommodation comprises the following areas:

    Trade Accommodation

    The ground floor has a single front entrance to a character traditional public house interior. Features include a prominent central bar-servery and flag stone floor. The two-section customer areas provide seating for approximately 50. Ancillary space includes a trade kitchen and customer WCs. Further trade kitchen space and storage is located at first floor level.

    Storage and refrigeration facilities are located in the adjoining buildings.

    Living Accommodation

    Living accommodation at first floor level is accessible via an internal stairwell and provides a self-contained flat with bedroom, reception, bathroom and storage room. At second floor are three bedrooms, kitchen, storage and bathroom.

    External Areas

    Located to the rear is a deep rectangular plot which provides customer areas on decking and covered sections with seating for in excess of 70.

    Tenure & Price

    The property is for sale freehold with vacant possession with offers guided at £695,000.
    Parties considering a lease option should enquire and register interest

    VAT

    We understand that VAT will be applicable at the going rate.

    Business Rates

    The property is entered on the Rating List with a Rateable Value of £14,500. This is not the rates payable. Please refer to the VOA for details on small business rates relief.

    Services

    We understand all mains services are connected.

    Planning

    The building is Grade II listed and located in a Conservation Area but is not in a Green Belt or AONB. We understand the property benefits from Sui Generis (public house) and part C3 (residential) uses.

    Development Opportunity

    The property may lend itself to residential development subject to the necessary planning consents. Please contact Savills to discuss. Alternatively, you may wish to seek your own independent advice.

    Licensing

    The property has been granted a Premises Licence in accordance with the Licensing Act 2003. We understand that the premises is permitted to sell alcohol under the following hours:

    Monday to Sunday 10:00 – 00:00

    Fixtures & Fittings

    Fixtures and fittings which are in the absolute ownership of the vendor and in situ on completion are included within the sale. Any branded or leased items and any items owned by third parties will be excluded.

    Energy Performance Rating

    D-78.

    Money Laundering

    Money Laundering Regulations require Savills to conduct checks upon all purchasers. Prospective purchasers will need to provide proof of identity and residence.

    Viewing

    The property is currently closed to trade. All viewings must be arranged strictly by appointment with the sole selling agents Savills.

    Location

    marker
    Location: Crown & Tuns, New Street, Deddington, Banbury, OX15 0SP

    Heyford (4.1 miles)

    Banbury (5.3 miles)

    Kings Sutton (5.6 miles)

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