The Morley Arms Billacombe Road, Plymouth, Devon PL9 7HP Guide Price O.I.R.O

The Morley Arms Billacombe Road, Plymouth, Devon PL9 7HP Guide Price O.I.R.O. £395,000 Plus VAT Freehold Informal tender - best bids invited by Friday 16th June Midday

• Substantial Public House • Main road frontage

• Ground floor public bar and restaurant • First floor three bedroom flat

• Car park (34) • Beer garden and further owner parking LOCATION Lounge bar (6.5m x 4.9m) return bar servery with space for 24 covers and separate entrance with ladies and gents WC’s. Plymouth is a coastal port located on the south Devon coast at the mouth of the River Tamar and the River Plym. The city is Accessed through the bar there is a small wash area leading recognised as the second largest commercial centre in the south through to a wash room (4.3m x 3.4m) and into the main kitchen west of England, after Bristol. The city is approximately 244 miles (5.9m x 3.3m). Freezer room with rear access, dry store with side south west of London, 120 miles south west of Bristol and 45 miles access and beer cellar. south west of Exeter. Plymouth benefits from good road communications with principal access via the A38 Devon First floor accommodation Expressway which links with the M5 Motorway at Exeter providing Access to a first floor flat with landing, kitchen, lounge, three access to the national motorway network. bedrooms and a bathroom. The Morley Arms fronts onto Billacombe Road in the Plymouth EXTERNAL DETAILS suburb of Plymstock, being immediately East of the city boundary. Laira Bridge over the river Plym is very close by and is the original Customer car park for 34 vehicles. Rear beer garden with space for crossing point to the city from the South Hams. 10 benches. Outside gents WC. Owners parking area for 5/6 vehicles. DESCRIPTION PLANNING The property comprises an original detached two storey stone We understand this property lies within Plymouth City Council faced coaching Inn believed to date from 1824 as a public house for administrative area www.Plymouth.gov.uk. We have assumed the workers constructing the original Laira Bridge. The building is that the property has suitable consents for its current use and laid out over two stories with single storey extensions to the rear. have made no enquiries in this regard. Trade area to ground floor and living accommodation above. The The property is grade II listed. ground floor has a number of interconnecting rooms which provide for up to 80 covers overall and a single bar server with kitchen and FIXTURES AND FITTINGS stores to the rear. The plot is circa 0.65 acre with customer parking for 34 vehicles and beer garden backing onto the Plym River. In The vendor is not including any items of furniture; equipment, addition there is a service yard and private parking area. trade fixtures and fittings. Any that are left post completion are Ground Floor: not warranted for their suitability, safety or ownership. The vendors will not be supplying an inventory. Central Entrance to open plan public bar (10.3m x 9.9m). Exposed ceiling and wall beams, bar servery, feature stone fireplace, space TRADE for 40 covers. Access to kitchen, ladies WC’s, first floor accommodation, lounge bar and dining room. The venue has been run as an investment by our clients and as such there are no historic accounts are available. Dining room (5.2m x 4.2m) Plus bay window to front of property. Dual aspect with space for 20 covers. Double doors to conservatory (6.3m x 3.9m) with space for a further 24 covers.

DISCLAIMER The material herein is intended as a guide only, no liability for negligence or otherwise is assumed for the material contained herein by Jones Lang LaSalle, its principal or its servants or its agents. No material contained herein shall form the basis of or be part of any agreement and no warranty is given or implied as to the accuracy of the whole or any part of the material. Prospective purchasers/tenants should not rely on the material but should make their own enquiries and satisfy themselves of all aspects of the material. Any liability by Jones Lang LaSalle, its principal, its servants or its agents in any way connected with the brochure, whether or not such liability results from or involves negligence, will not exceed $1000.00.8o; RATING ASSESSMENT

The rateable value from 1 April 2017 has been set at £18,700. Council tax band B. Small Business Multiplier 2017/18 46.6p in the £.

PRE-CONTRACT ENQUIRIES

The vendor operates an estate of leased and tenanted public houses and does not have knowledge of the day to day running of the property and will therefore not respond to any pre-contract enquiries. The purchaser must rely on their own enquiries from their survey, inspection and searches.

CONDITIONS

The sale will be subject to contract.

TERMS OF AVAILABILITY

The property is available freehold with a guide of £395,000 plus VAT. Offers are invited on an informal tender process to be received by midday on Friday 16th June 2017. Offers can be sent by post or email for the attention of Michael Easton. In order that we can give detailed consideration to all the offers received, we ask that the following information is included with your offer:

• Name and address • The headline amount offered • Any conditions • Proof of funding • Solicitor details

LEGAL COSTS

Each party to bear its own costs.

EPC:

Grade II listed exempt

TAX

VAT will be payable on 90% of the purchase price.

VIEWING & FURTHER INFORMATION

Property inspection and viewing strictly by appointment. No direct approach may be made to the business.

For Sale - Freehold – O.I.R.O. £395,000 Plus VAT

Michael Easton +44 (0) 13925 429381 [email protected] Audrey Moore- Haine +44 (0) 1392 429314 [email protected] property.jll.co.uk/licensed-leisure