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Location: The Gloucestershire House, 23 Monnow Street, Monmouth, NP25 3EF

Summary:
Public House with accommodatoin above in the centre of Monmouth

Guide Price: 220,000+

Full Description:

A mid-terraced period public house in a central location on the main shopping street of this busy market town. The building is now vacant but was operating as a public house with the licensee living above up until the end of January 2019.

The building would benefit from some refurbishment to the public areas and living accommodation and offers an opportunity as a pub/restaurant or for a variety of retail uses (subject to any necessary consents).

The living accommodation above is accessed through the public areas and there is also a large rear area of approximately 1100 sq ft which is overgrown and has not been inspected. Please refer to the plan within the legal pack for clarification of the boundaries.

Accommodation:

LGF: Cellar area to service public house. (Not inspected)

GF: Public bar area extending to approximately with bar, seating areas and pool table area. Further rear lobby, ladies WC, stairs. – Total ground floor area approx. 1000 sq ft.

FF: Stairs and landing leading to rear men’s WC and to front private accommodation which briefly comprises: kitchen, bathroom, storeroom, sitting room. Total floor area approx. - 800sq ft

SF: Landing and three Bedrooms. Total floor area approx. – 500sq ft

OS: Large rear yard accessed via fire escape from the ground floor.

Tenure: Freehold – please refer to legal pack for verification of tenure.

Viewing: Auctioneers Office, Seel & Co Ltd (029) 2037 0117

Guide Price: £220,000+

Additional Fees:

Buyers Premium – 0.5% with minimum of £600 (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion.

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.