Guide price
£600,000
4 bed detached house for saleThe Street, Flixton, Bungay, Suffolk NR35
4 beds
2 baths
2 receptions
Auction
Freehold
About this property
A stunning opportunity to acquire a reputable public house that has undergone a full suite of renovations with further potential for the private accommodation all sat in a very generous plot of approx. 1.5 acres.
The main public house on the ground floor has been renovated throughout and has been a working pub for three years and all furnishing can be further negotiated. On the first floor, the living accommodation is mid renovation and offers a wealth of potential to either carry on with the proposed design or completely revamp to suit your own tastes whilst the second floor is very nearly finished. With a total plot size of 1.5 acres (sts) you will find a spacious customer car park, concrete hard standing, beer garden area with electricity and water connected and a meadow. The current layout for the building comprises of, entrance into the main bar area, restaurant seating for 40 covers and a snug room with an open fire, a generous events room which can seat 60-80 and multiple cloakrooms for patrons. The kitchen is located towards the rear and is fully fitted to a high catering standard plus a bakery which is currently being sublet from the owners in an arrangement that could easily be continued (Bakery contents not owned, just the building) The first floor is set up as potential accommodation, comprising of a sitting room with a kitchen area and two spacious bedrooms. On the second floor, two more bedrooms can be found plus a shower room. There is additional land with its own road access available by separate negotiation which currently houses the Flixton Air museum.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the `Reservation Period`). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £ 349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £ 6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
The main public house on the ground floor has been renovated throughout and has been a working pub for three years and all furnishing can be further negotiated. On the first floor, the living accommodation is mid renovation and offers a wealth of potential to either carry on with the proposed design or completely revamp to suit your own tastes whilst the second floor is very nearly finished. With a total plot size of 1.5 acres (sts) you will find a spacious customer car park, concrete hard standing, beer garden area with electricity and water connected and a meadow. The current layout for the building comprises of, entrance into the main bar area, restaurant seating for 40 covers and a snug room with an open fire, a generous events room which can seat 60-80 and multiple cloakrooms for patrons. The kitchen is located towards the rear and is fully fitted to a high catering standard plus a bakery which is currently being sublet from the owners in an arrangement that could easily be continued (Bakery contents not owned, just the building) The first floor is set up as potential accommodation, comprising of a sitting room with a kitchen area and two spacious bedrooms. On the second floor, two more bedrooms can be found plus a shower room. There is additional land with its own road access available by separate negotiation which currently houses the Flixton Air museum.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the `Reservation Period`). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £ 349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £ 6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.