For Sale By Auction | 08:45, 06 December 2023 | Lot 75

Jack & Jill Pub, Longlands Avenue, Coulsdon, Surrey, CR5 2QJ

Sold £440,000

  • Pub
  • 4 Bedrooms
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Wed 06/12/2023

Auction Time

08:45

Auction Venue

Live Stream

Viewing Times:

Tue 5 Dec

14:00-14:30

A Substantial Detached Building Arranged to Provide a Ground Floor Public House and a First Floor Four Bedroom Flat Part Let Producing £15,000 Per Annum. Offered with Planning Permission for Conversion of the First Floor and Loft Space in to Three Self-Contained Flats.

The property comprises a substantial detached building arranged to provide a ground floor public house, a first floor four bedroom flat and second floor loft space.

Tenure

Freehold

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Corrigan Avenue Recreation Ground are within easy reach. Transport links are provided by Coulsdown Town rail station.

Planning

Sutton Borough Council granted the following planning permission (ref: DM2023/00498) on 14th August 2023: 'Erection of a first floor front extension and conversion of loft space involving a dormer extension at front and rooflights to flank and rear roofslopes to provide two additional self contained residential units with provision of cycle and refuse stores..

Proposed Accommodation

Ground Floor Main Bar Area Kitchen Office Male and Female WCs Garage First Floor 2 x One Bedroom Flats (68 sq m and 51 sqm) Second Floor One Bedroom Flat (58 sq m)

Tenancy

The pub is subject to a lease for a term of two years commencing 1st January 2022 at a rent of £15,000 per annum.

The vendors have advised that there may be potential for further development subject to obtaining all necessary consents.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.