Property for sale in London Road, Piccadilly Place, BA1 : Bath : BTH230151

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3 bedroom , Piccadilly Place, London Road BA1 - Sold

sold

Piccadilly Place, London Road BA1

3 Bedroom | Freehold | 2 Baths

Guide price £400,000

Bath Spa 1 miles

Oldfield Park 1.5 miles

Hilton Hotel 0.6 miles

A spacious freehold former Brewpub with a large three bedroom flat above situated in a prominent corner position. May offer potential for redevelopment/change of use subject to obtaining the necessary planning consents.

A spacious freehold former Brewpub with a large three bedroom flat above situated in a prominent corner position on London Road within close proximity Bath city centre. The property may offer potential for redevelopment/change of use subject to obtaining the necessary planning consents. The property is Grade II listed.

PROPOSAL
We are instructed to seek offers in excess of £400,000 (Four Hundred Thousand Pounds) subject to contract and exclusive of VAT. Offers should clearly state the following:
i) The identity of the party making the offer.
ii) Confirmation and proof of funding demonstrating an ability to exchange and complete the purchase within a declared timescale.
iii) Any conditions attached to the bid.
iv) Offers are preferred to be on an unconditional basis.
v) Confirmation of solicitor’s details. The vendor is not bound to accept the highest or indeed any offer.

The EPC will be made available on application. The council tax band is: B

Total area is: 261 sq m / 2,810 sq ft
Ground Floor Commercial - 162 sq m / 1,743 sq ft
First Floor Residential- 102 sq m / 1,097 sq ft

BATH
Bath is a city of international report, located approximately 100 miles west of London and 13 miles east of Bristol. Bath is served by excellent transport links, including frequent train services to Bristol Temple Meads and London Paddington.

DESCRIPTION
A well located and substantial two storey GII listed building comprising a ground floor brewpub with a three bedroom apartment above, to be sold with vacant possession. Would suit anyone looking to run their own brewpub with the facility to brew beer in the purpose made brewery in the former skittle alley complete with drain floor. Subject to permissions, one could also gain permission for change of use to residential, but this option has not yet been explored.

The ground floor is arranged as a main bar area, pool/dining room, ladies and gents toilets, beer cellar and former skittle alley most recently used as a brewery to service the pub. The first floor consists of a spacious flat, in need of some modernisation, with three bedrooms, a living room, kitchen/diner and bathroom. The flat is accessed from the ground floor below but also benefits from a separate entrance from Hanover Street. There is also door access to side straight through to the brewery area. Subject to planning, one may well be able to provide parking by removing part of the skittle alley/brewery to the rear, as there is vehicular access to the side archway.

VIEWING
Strictly by appointment with Carter Jonas.

ENERGY PERFORMANCE CERTIFICATE
Rating: TBC

VAT
All figures quoted are exclusive of vat unless otherwise stated.

The building is VAT registered.

The next steps...

Establish funds

How will you fund the purchase?

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

They do all the legwork for you, working on your behalf with the lender
They compare wholesale mortgage rates from a large number of banks and lenders all at once
Wholesale interest rates can be lower than retail (bank branch) interest rates
You get more loan options because they work with numerous banks and lenders
Brokers can finance tricky deals because of their knowledge and various lending partners
Are typically easier to get in contact with, less bureaucratic.

However with your bank maybe able to:

Build off existing relationship (discounts if you have a checking/saving account)
You may already know the banker who will handle your mortgage
Perhaps more trustworthy, more accountable than a smaller shop
Lower interest rates in some cases
Ability to add mortgage to existing banking profile and make automatic payments from linked account.

Making an offer

online with Carter Jonas.

When it comes to making an offer on a property a bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

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