For Sale Landmark Pub with Residential Planning
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FOR SALE LANDMARK PUB WITH RESIDENTIAL PLANNING CONSENT IN SOUGHT AFTER VILLAGE The Old New Inn, Farm Street, Harbury, Warwickshire, CV33 9LS Substantial detached property on a site of approximately 0.41 acres Residential planning consent granted for conversion of existing building Prominent corner position with excellent potential to re-develop whole site (subject to planning consent) Highly regarded village close to M40 and JLR at Gaydon Price guide: £850,000 (exclusive) Telephone 01926 430700 / Fax 01926 430290 38 Hamilton Terrace, Holly Walk, Leamington Spa Warwickshire CV32 4LY www.wareingandcompany.co.uk Location The highly regarded village of Harbury is approximately 3 miles south west of Southam and 5 miles south east of Leamington Spa, just off the A4250. It is a superb location for commuters with easy access to Leamington Spa, Banbury, Rugby, Coventry and Junction 12, (Gaydon) of the M40 motorway. Rugby railway station is 17 miles (approximately 30 minutes’ drive-time) and provides a 50 minute peak hour journey time to London Euston. The Jaguar Land Rover Design & Engineering Centre at Gaydon is being redeveloped and expanded to centralise the company’s design, product engineering and purchasing functions and many businesses and residential occupiers are moving into the area as a consequence. Harbury’s population of about 2,500 is served by a range of facilities including a Co-op convenience store, various shops, post office, library incorporating a café, nursery and primary school and a number of public houses. Description The Old New Inn occupies a prominent position on the corner of Temple End and Farm Street. It is detached, of stone construction beneath a pitched tiled roof and sits on a site of approximately 0.41 acres. At the front of the building is a large car park and to the side and rear is a beer garden which is part paved and part lawn. The ground floor accommodation comprises an open plan bar with kitchen, store and customer toilets. On the first floor are three bedrooms, a lounge, kitchen and bathroom and within the converted attic is a further bedroom, bathroom and store room. There is also a beer cellar, accessed from the bar. Planning consent was granted on 27th July 2016 (reference16/00429/FUL) for conversion of the building into two dwellings. A copy of the Notice is included within these sale particulars plus the associated drawings prepared by Richard S. Baily Chartered Architect. As a consequence of planning being granted, the loss of the public house has been accepted by Stratford- on-Avon District Council and the principal of development established. Positive discussions have taken place in relation to the potential demolition of the property and the erection of four residential dwellings, subject to a full application being submitted and certain conditions being satisfied. The number of homes, the scale of the development and its design are to be consist with the immediate surroundings and to the overall size and character of the village. Accommodation The property has not been measured but we have estimated from plans the following approximate floor areas: GROSS INTERNAL AREA Sq ft Sq M Ground Floor Bar / seating areas/ kitchen / customer toilets and ancillary areas 1416 131.54 First Floor Three bedrooms, lounge, kitchen and bathroom 1141 105.97 Converted Attic Bedroom, bathroom, store 427 39.71 Total Gross Internal Area 2984 277.22 Services We understand that mains, water, gas, electricity and drainage are connected. We have not tested any of the services and neither the vendor nor the selling agent can provide any guarantees as to their condition and interested parties are advised to make their own investigations. Business Rates / Council Tax The public house and premises have a rateable value of £4,050 under the 2017 Rating List. The residential accommodation is assessed for Council Tax purposes under Band C. Planning Planning permission was granted on 27th July 2016 (reference16/00429/FUL) for conversion of the existing building into two dwellings. A copy of the Notice and consented drawings prepared by Richard S. Baily Chartered Architect are included within these sale particulars. Please liaise with the Planning Department at Stratford-on-Avon District Council on 01789 267575 for additional advice. Tenure The property is freehold and will be sold with vacant possession. Price Guide £850,000 for the freehold interest with vacant possession upon completion. VAT To be confirmed if VAT will be payable in addition. Viewing Strictly by prior appointment with the sole selling agent: Mark Thompson MRICS Email: [email protected] Telephone: 01926 430700 IMPORTANT NOTICE All statements contained within these particulars are believed to be correct but their accuracy is not guaranteed nor do they form part of any contract or warranty. Unless specified to the contrary, interested parties should note the following:- All dimensions, distances and floor areas are approximate and are given for guidance purposes only. Information on tenure or tenancies has been provided to us in good faith by the vendor/lessor of the property. Prospective purchasers/lessees are strongly recommended to have this information verified by their solicitors. Information on rating assessments and Town & Country planning matters has been obtained by verbal enquiry from the appropriate Local Authority. Prospective purchasers / lessees are recommended to obtain written confirmation prior to entering into any commitment to purchase/lease. All information on the availability of mains services is based on information supplied to us by the vendor/lessor. All other statements regarding service installations, including apparatus, fixtures and fittings, do not warrant the condition or serviceability of the items referred to as no tests have been carried out. Interested parties are recommended to arrange for any necessary tests to be carried out prior to acquisition. No investigations have been made to verify if any equipment, plant, machinery or services in or on the premises are compliant. All prices and rents are quoted exclusive of VAT unless expressly stated to the contrary. Please note that these particulars are issued in good faith but without responsibility. These particulars are issued on the distinct understanding that all negotiations are concluded through Wareing & Company. The property is offered Subject to Contract and it still being available at the time of enquiry and that no responsibility can be accepted for any loss or expenses incurred in viewing. Wareing & Company for themselves and for the vendors or lessors of this property whose agents they are, give notice that (i) the particulars are set out as general outline only for the guidance of intending purchases or lessees, and do not constitute, nor constitute part of, an offer or contract (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as the correctness of each of them, (iii) no person in the employment of Wareing & Company has any authority to make or give any representation or warranty in relation to this property, (iv) all rentals and prices are quoted exclusive of VAT. .