FOR SALE - POPULAR PUBLIC HOUSE
The property comprises a character building, built circa 1820 with two floors of accommodation and a cellar. The property is double fronted facing New Road. The ground floor area is dedicated to the bar areas and kitchen and on the first floor is the landlord’s private accommodation. There is a side courtyard which acts as a pub outdoor area.
In addition, the converted stable block now provides excellent bed and breakfast accommodation at ground and first floor level with a total of 7 en-suite rooms.
The property is well maintained, for example with all the new double-glazed windows recently installed.
Location
The property is centrally located at the junction of New Road and the A418 Wing Road in a mixed retail, residential, location.
Leighton Buzzard is a commuter town which is on the main west coastline with connections to Euston. The town is about 8 miles south of Milton Keynes and 10 miles northeast of Aylesbury.
Accommodation
Ground floor
Bar area 567sq.ft / 2. 67sq.m
[L shaped room around the bar with 2 open fireplaces]
Kitchen 90sq.ft / 8. 36sq.m
[fitted kitchen]
Gents’ toilet 2 urinals, 1 wc, wash basin
Ladies’ toilet 1 wc, 1 wash basin.
Cellar Vaulted ceiling 303sq.ft / 28.14sq.m fully equipped cellar
First floor
Landing
Front living room 168sq.ft / 15. 60sq.m
Bathroom 82sq.ft / 7.61sq.m
Separate shower, pedestal wash basin and low-level WC
Separate toilet.
Bedroom 1 169sq.ft / 15. 70sq.m
Bedroom 2 86sq.ft / 7.98sq.m
Spare Room 93sq.ft / 8.60sq.m
OUTSIDE
Utility Store 108sq.ft 10. 03sq.m
Side access and enclosed rear storage area.
Enclosed area used as barbeque and entertainment space for the pub.
BED & BREAKFAST ACCOMMODATION
The converted stables block has been tastefully modernised providing 7 en-suite bedrooms.
A1 Room 78sq.ft / 7. 25sq.m
Ensuite Shower WC and wash basin.
A2 Room 70sq.ft / 6. 5sq.m
Ensuite Shower WC and wash basin.
A3 Room 88sq.ft / 8. 17sq.m
Ensuite Shower WC and wash basin.
C Room 169sq.ft / 15. 70sq.m
Single and double bedroom in total
Ensuite Shower WC and wash basin.
B1 Room 145sq.ft / 13. 47sq.m
Ensuite Shower WC and wash basin.
B2 Room 60sq.ft / 5.57sq.m
Ensuite Shower WC and wash basin.
B3 Room 120sq.ft / 11. 14sq.m
Ensuite Shower WC and wash basin.
Terms
BUSINESS
The pub has traded successfully for many years. Accounts are available if required. As a town center pub, it is enjoyed by locals, many who walk to the premises. There is a car park opposite as well as street parking. The premises are available as a fully operational pub and bed and breakfast accommodation business.
The property can be purchased freehold with vacant possession for immediate trading as an owner/occupier.
PURCHASE PRICE
£825,000
POSSESSION OR COMPLETION
Upon completion of legal documentation.
LEGAL COSTS
Each party to bear their own legal costs.
VAT
Purchasers should satisfy themselves in respect of the position regarding VAT and take professional advice if necessary.
Specification
SERVICES
Mains electricity, water, gas and drainage are connected. Gas heating is provided for the bed and breakfast accommodation.
The cellar is air conditioned.
[None of the services have been tested].