Skip to main content
Popular
Total views:  500+
Guide price
£275,000

Pub for sale

Northwold IP26
Auction
Pub
Added > 14 days

Features and description

  • Tenure: Freehold
For Sale By ONLINE AUCTION - Starting Bids £275,000 | AUCTION TERMS AND CONDITIONS APPLY | PUBLIC HOUSE WITH RESTAURANT | THREE BEDROOM OWNERS ACCOMMODATION | POTENTIAL PLANNING PERMISSION FOR DETACHED BUNGALOW | PLEASE CALL FOR MORE DETAILS

Tenure: Freehold

Rooms

Location
The Crown Inn is situated in the Norfolk village of Northwold, a village with a population of just over 1,100 residents, lying approximately 11 miles from Downham Market, 18 miles from King's Lynn and 13 miles from Thetford. Nearby attractions include Thetford Forest, Center Parcs Elveden Forest and Oxburgh Hall. The closest train stations are that of Downham Market, Brandon and Thetford.

Property Information
The Crown Inn is a public house with residential accommodation above. The current owners took the Crown Inn over in July 2019 but have ceased trading in the last few years. During their ownership, they have extensively renovated the building and put in over £50,000.00 worth of investment in the venue. The Crown Inn occupies a detached two-storey house of brick and stone construction. The building is not listed but is located within a conservation area. The property previously had planning for the construction of three ancillary accommodation units at the rear, which could allow the new owner to generate a further income stream. This planning application has now lapsed and would need to be resubmitted to the local council planning department if wanted.

Trade Areas
To the front of the building is a patio area which allows outdoor seating for approximately 18 people. The main bar area has seating space for approximately 22 people with tiled flooring and a fireplace with feature brick surround and multi-fuel burner. The commercial kitchen is accessed from the main bar area. The restaurant area allows seating for approximately 24 people with a further dining area allowing seating for approximately 18. Toilets are located on the ground floor. Outside there is a garden area allowing trade seating and a car park allowing space for approximately 20 vehicles.

Owners Accommodation
The first floor houses the owners accommodation which comprises of three bedrooms, living room, kitchen and bathroom. The accommodation is charged Band B council tax rates with King's Lynn & West Norfolk Council.

Services
Various items within the property will be included in the sale. An inventory of fixtures/fittings can be provided upon request. Mains water and electricity, oil central heating, kitchen cooking facilities supplied via LPG, septic tank drainage. The current Vendors have advised that the business is currently exempt from business rates. They have also advised that the flat is charged at Band B level council tax with King's Lynn & West Norfolk Council.

Auctioneer Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneer Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti-Money Laundering procedures.

Auctioneer Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Property information from this agent

About this agent

Kavanagh Hayes Independent Estate Agents - Chatteris
Kavanagh Hayes Independent Estate Agents - Chatteris
32 High Street Chatteris, Cambridgeshire PE16 6BG
01354 387781
Full profileProperty listings
At Kavanagh Hayes we have firmly established ourselves as leading Estate Agents in the Cambridgeshire property market. Our aim is to provide you with a
personal service with the emphasis on customer care, attention to detail and a willingness to go 'the extra mile'. We have developed a great reputation for
our helpful and friendly service - check out our testimonials! - based on honesty, reliability and results. We have a great team and all pride ourselves on
providing a personal service, individually tailored for each clients' specific needs. We have a centrally positioned office within the town of Chatte... Show more
... Show more

See more properties like this

*Disclaimer and call rate information...