PLEASE NOTE: The agent dealing with this property is Mac Cheema, his direct extension number is 101.
Please enter extension 101 when calling to reach your agent directly.
The property is being sold freehold with full vacant possession available upon completion.
The commercial public house is fully licenced and is a free house.
A rare opportunity for developers, investors and owner-occupiers alike to acquire a freehold pub and apartment with additional bedrooms in the Medway town of Strood.
The property comprises of a vacant public house to the front facing onto the High Street with a two-bedroom landlord's flat above. Planning is consented for additional residential development to the rear of the property.
The pub measures c.1,888 sq ft across the ground floor including a bar area, billiard room, storage areas and toilets. The two-bedroom flat above measures c.1,166 sq ft, is set across the first and second floors with a bedroom, the kitchen, bathroom and reception room on the first floor and an additional bedroom above.
The 5-bedrooms to the rear extends to c.1,022 sq ft and benefits from separate access at ground floor level. The bedrooms range from approx. 8m2 to 14m2 in size and enjoy shared kitchen, bathroom and toilet facilities.
We understand that the property is not listed, not within a conservation area.
In this regard our client has planning permission for the creation of an additional two apartments.
The property occupies a prominent spot on Strood High Street, a short stroll from Rochester Bridge. Strood Station is approximately 0.3 miles to the north, less than a 10-minute walk away, whilst the A2/M2 is just under 2 miles away to the west.
Strood High Street and the surrounding retail parades boast several national retailers and chains, as well as a wide variety of supermarkets, restaurants and leisure outlets.
Strood Retail Park, a short walk away to the west, hosts of a number of additional retailers including M&S, Next, Poundland, B&M, Argos, KFC and Matalan.
Planning permission has been approved by Medway Council for the "construction of a second-floor extension to provide a 2-bedroom flat at first floor level and a 2-bedroom flat at second floor level". The planning reference is MC/21/1614 and further information can be provided upon request.
We understand the property is connected to all mains services, however, interested parties are advised to make their own enquires in this regard.
Unconditional offers in excess of £575,000 are invited for the freehold interest. A deadline for offers may be set, and as such, interested parties are advised to contact our offices for further information in this regard. We understand that VAT is not applicable in this sale.
If you would like to know more information or would like to arrange a viewing please call Mac and quote reference "MCB"
Council tax band: D