TRADITIONAL WET LED PUBLIC HOUSE WITH LICENCED HMO

Ref : L1445

Price

Freehold : Offers in the Region of :: £260,000.00 SAV

Unless otherwise stated all rental figures and asking prices quoted in the above details are exclusive of any Value Added Tax that might be applicable.

  • Traditional wet led free house
  • Enviable location in heart of busy shopping parade
  • Popular residential and commercial area of Plymouth
  • Old fashioned bar area with servery, cellar, customer toilets and outside smoking area
  • Self-contained four bedroom HMO to upper floors generating healthy rental income
  • T/O approx. £2,500 - £3,000 per week from wet sales only
  • Old-fashioned public house with established trade
  • Viewing recommended

The Oddfellows Arms occupies an enviable main road trading position in the centre of the busy shopping thoroughfare of Stoke Village which serves this popular residential and commercial area of Plymouth. There are a variety of trades represented nearby and these include a number of pubs, an Indian restaurant, Co-op supermarket, bakery, florist, hair and beauty salons etc. The shopping parade itself is serviced by a  free public car park and consequently, the business enjoys a loyal and regular year round trade.

Plymouth, with a population of over 250,000 is the largest city in the West Country.  Largely rebuilt since World War II it is now a thriving industrial and commercial centre and is still one of the Royal Navy's principal base and warship repair dockyards.  The city has excellent educational, recreational and entertainment facilities and access to the rest of the country is gained by road via the A38/M5 motorway and by rail.  Europe is also accessible by the car/passenger ferry which is operated from its terminal at Millbay Docks.

The property is mid-terraced and believed to have been built around the early 1900s and is of traditional construction with rendered and painted elevations under a pitched slate roof. The premises briefly comprise a traditional bar area with servery, cellar and customer toilets, and an external trade patio with smoking area to the ground floor. There is a self-contained four bedroom HMO to the first and second floors. The accommodation proves popular with a high occupancy rate and, when fully let, generates a healthy rental income of approx. £17,680 per annum. Alternatively, the accommodation could be utilised by new owners if they wished to live above. An early viewing appointment is strongly recommended.

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Huntley & Partners
20 Luxus House
Forge Lane
Saltash
Cornwall
PL12 6LX

Telephone

01752 206020

(24hr answering service)