Key Information
- GIA: 4,503 sq ft (418.32 sqm)
- Ground floor former bar & club with 2 x 1st floor apartments
- Potential to convert ground floor to residential along with the 2nd floor (STP)
- Extensive plot to the rear for car parking or to extend (STP)
- £325,000 for the freehold.
The property comprises a detached former public house set under a slate tiled pitched roof. The ground floor consists of a number of bar and seating areas along with a commercial kitchen. The first floor is split into 1x2 bedroom apartment (subject to installation of window) and 1x3 bedroom apartment, each with separate accesses. A separate building accessed from the first-floor rear balcony has begun conversion to a studio apartment, but not completed. The second floor is currently in shell condition with insulation having been recently installed and has the potential to be converted to provide additional residential accommodation, subject to the requisite consents. Externally, the property enjoys an extensive plot to the rear, suitable for car parking, that can be accessed via the side road Burnham Street, this access point is currently gated. There is also external WCs at ground floor level to the rear of the building.
Location
The property is prominently located on Tamworth Road, on the periphery of Long Eaton's town centre close to the High Street. Tamworth Road (B6540) is a principal arterial route of Long Eaton providing easy access to Junction 24A of the M1 motorway. The property benefits from excellent transport links with a bus stop immediately adjacent to the property providing regular services to Ilkeston, Nottingham and Derby. Long Eaton's train station is also within a 5 minute drive. Nearby occupiers consist of a number of independent shops along with national occupiers including Aldi, McDonald's and Boots Pharmacy. To the rear of the property there is an extensive public car park that benefits from fee parking past 6:00 pm.
VAT
VAT is applicable.
Rates
From the Valuation Office Agency (VOA) website we understand the property has the following rating assessment: Ground Floor Pub/Bar Rateable Value - £10,750 pa Indicative Rates Payable 2024/2025: £5,365.25 pa Please note some parties may benefit from small business rates relief and be exempt from paying any business rates. First Floor 2 Bed Apartment Council Tax Band - A Council Tax Payable 2024/2025: £1,422.38 pa All paties are advised to make their own enquiries of the Valuation Office Agency (VOA) and the local authority.
EPC
The premises have an EPC assessment of C (68).
Legal Costs
Each party is to bear their own legal costs incurred.
Accommodation
Measurements are quoted on a Gross Internal basis in accordance with the RICS Property Measurement Second Edition. All parties are recommended to carry out their own measurements.
Planning
The property has been utilised for the following uses: Ground floor: Sui Generis. First floor: Class C3 (Dwelling houses). (This information is given for guidance purposes only and all parties are advised to make their own enquiries of the local authority).
Viewing
Viewings are by appointment with sole agents Innes England.