Property photos
Freehold
Guide price
£395,000
(£103.04/sq. ft)
Pub/bar for sale
Hope And Anchor, 13 St. Michaels Lane, Bridport, Dorset DT63,833 sq. ft
Local area information
Property location
Nearby amenities
- Bridport, St Mary's Church of England Primary School 0.5 miles
- Bridport Primary School 0.6 miles
- Maiden Newton 9 miles
- Crewkerne 9.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Bridport to find out more about the local area.
Features and description
- Freehold
- Free of tie public house investment
- Business not affected
- Rental income £40,000 pa
- Busy pitch just off town centre
- Grade II Listed with beer garden
- Two bed flat
- Represents niy of 9.72% assuming purchase costs of 4.14%
- Freehold includes ground rents from 2 long leasehold units
A public house investment sale of the freehold land and buildings at the Hope and Anchor, St Michaels Lane. Principle building being that of a two storey end of terrace pub with ground floor trading area, first floor living accommodation and beer garden to rear. Long term tenant in situ and current rent £40,000 per annum.
Location
Bridport is a busy and well regarded market town in Dorset, close to the coast at West Bay. The Hope and Anchor is situated on the corner of St Michael's Lane and Rope Walks, close to the town centre and car parks. It is considered a strong secondary location.
Accommodation
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net / gross internal basis.
Front entrance via lobby to public bar (10.3m x 6.2m av). Long wooden bar servery, feature fireplace and space for approx. 20 covers. Access to ladies, accessible and gents WCs. Beer cellar with rear access door. Additional trade area (4.1m x 4.1m) with access to beer garden, kitchen and pool room (4.7m x 3.7m). Kitchen (4.8m x 2.5m).
To the rear of the venue is an enclosed beer garden with space for approximately 6 benches. Off street parking for one vehicle.
The private accommodation is accessed via an external stairway with landing, WC, bathroom, lounge (3.8m x 3.2m), kitchen (3m x2.8m), bedroom (4.5m x 3.2m) and bedroom (3.6m x 2.6m).
Planning
Sui generis pub use.
Rent / Price
Guide price £395,000.
Business Rates
From the Valuation Office Agency website () we understand that the current Rateable Value is £17,500. Council tax band B. Tenant responsible for rates and council tax payable.
Services
We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.
EPC
C(60)
Legal Fees
Each party to be responsible for their own legal fees in relation to this transaction.
VAT
We are advised that the property is opted to tax and VAT will apply. It is our clients intension to sell as a going investment concern.
Location
Bridport is a busy and well regarded market town in Dorset, close to the coast at West Bay. The Hope and Anchor is situated on the corner of St Michael's Lane and Rope Walks, close to the town centre and car parks. It is considered a strong secondary location.
Accommodation
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net / gross internal basis.
Front entrance via lobby to public bar (10.3m x 6.2m av). Long wooden bar servery, feature fireplace and space for approx. 20 covers. Access to ladies, accessible and gents WCs. Beer cellar with rear access door. Additional trade area (4.1m x 4.1m) with access to beer garden, kitchen and pool room (4.7m x 3.7m). Kitchen (4.8m x 2.5m).
To the rear of the venue is an enclosed beer garden with space for approximately 6 benches. Off street parking for one vehicle.
The private accommodation is accessed via an external stairway with landing, WC, bathroom, lounge (3.8m x 3.2m), kitchen (3m x2.8m), bedroom (4.5m x 3.2m) and bedroom (3.6m x 2.6m).
Planning
Sui generis pub use.
Rent / Price
Guide price £395,000.
Business Rates
From the Valuation Office Agency website () we understand that the current Rateable Value is £17,500. Council tax band B. Tenant responsible for rates and council tax payable.
Services
We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.
EPC
C(60)
Legal Fees
Each party to be responsible for their own legal fees in relation to this transaction.
VAT
We are advised that the property is opted to tax and VAT will apply. It is our clients intension to sell as a going investment concern.
Floor plans and tours
Floor plans (1)
More information
Listed by
Vickery Holman - Exeter
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