Bell Lane

Ref: Lot 7

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Registration Guide

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Unconditional (Buyer's Premium)


UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 2.5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Description

Having been a family run business over the last 12 years, the Masons Arms has undergone substantial refurbishment throughout creating a modern trading pub with feature characteristics, including multiple log burning fires throughout, as well as high specification living accommodation to the upstairs. The rare opportunity has arisen to take ownership of this thriving local business and the Grade ll Listed Building freehold.

With multiple reception rooms, a large modern function room, residential premises, an old barn, a large beer garden and a great size plot, the potential to turn the Masons Arms into something even more special is there, ready for the new owner to take the property/ business forward.

The pub currently opens late afternoon to late evening and currently serves as a wet led pub. Extended opening hours and the possibility to add the option of food could further create an increase in current turnover.

As part of the substantial refurbishment which has been undertaken from the current owners, the living accommodation has been transformed and is unrecognisable from when they initially brought the property. With four double bedrooms including an en-suite and the family bathroom there is plenty of space to live comfortably. The kitchen-diner is equally of high quality design throughout ensuring someone could move into the premises and enjoy high quality living from day one.

Externally the property has a good amount of off-street parking with marked out bays. There is a large beer garden which, in recent years, has undergone full refurbishment work with Indian stone fitted throughout creating an idyllic spot to enjoy a refreshing beverage.

Tenure:
Business rates: £7250
Freehold
EPC Rating: TBC

Buyers Premium

* Plus 2.5% Buyers Premium plus VAT

Pre Auction Offers Are Considered

The seller of this property may consider a pre-auction offer prior to the auction date.  All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit.  To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.  To find out more information or to make a pre-auction offer please contact us.

Special Conditions

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.


* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

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