Freehold Pub on 0.36 acre site

FOR SALE

THE WHITE LION1 HIGH STREET

MOULTON

NORTHANTS

NN3 7SR

020 7495 7500

- Large 0.36 acre site- Situated in centre of vi l lage- Al ternat ive use / resident ial potent ial (STP)-

OIRO £375,000 + VAT (if applicable)

LOCATIONThe large vil lage of Moulton has a resident population of 3,400 and is situated 4 miles north of Northampton.

The White Lion is situated in the centre of the vil lage which is a mixed use area.

PROPERTYThe property comprises a character, semi-detached public house with large car park (circa 20 spaces) and trade garden to the rear. Internally there are two open plan areas, an unused kitchen and the f irst f loor provides 4 rooms, bathroom and separate WC

From digital mapping we estimate that the site and property provide the following approximate areas:-

NB: The above measurements are provided for guidance purposes only and no reliance should be placed upon them when making any offer and for the avoidance of doubt Drake & Company will not be liable for any losses howsoever arising in law as a result of the bidder placing any reliance on such measurements.

LEGAL COSTS

Each party is to be responsible for their own legal costs incurred in the transaction.

RATING ASSESSMENT

We have been verbally advised by the local rating authority that the current assessment is as follows:

Rateable value: £16,000Rates payable: £ 7,680

Interested parties are advised to verify these f igures with Daventry District Council on 01327 871100.

TERMSWe are instructed to invite unconditional offers in the region of £375,000 + VAT (if applicable) for the benefit of our clients freehold interest with vacant possession.

ALTERNATIVE USEIn our view the property has excellent alternative use potential and interested parties are advised to discuss any proposals with Daventry District Council on 01327 871100 .

CLOSING DATEOur clients have set a closing date for offers of 14 August 2015.

Bid Form available on request.

VIEWING

For further information or an appointment to view contact:

Site Area 0.36 acre

Gross Built Area - Ground 2,676 sq f t

Warren Drake - 020 7495 7500

warren@drakeproperty.co.uk

drakeproperty.co.uk