Wellingtons Freehouse, 2-4 Osborne Road New Milton, Hampshire, BH25 6AD

Property Details: • Type: Ask agent • Tenure: N/A • Floor Area: N/A

Key Features: • Town centre location • Ground floor pub (c.40). Run under management • 3 residential flats. Rental income: £3,500pcm • GIA: 3802 sq ft / 353.2 sq m • Site Area: 0.080 acres (0.032 hectares) • £6,000+ gross weekly sales. EPC: B • Christie & Co Ref: 3858277

Location: • Nearest Station: New Milton Station • Distance to Station: 0.2 miles

Agent Information: • Address: Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

Full Description: DescriptionThe Wellingtons Freehouse in New Milton is an end of terrace property of brick construction, run under management. This property features a ground floor wet-led pub, comprising an open plan trade area with a central bar servery, function room and small kitchen. The pub generates approximately £6,000 plus a week in gross sales.On the first and second floors, there are three residential flats, including a 3-bedroom flat with a shared a kitchen, and two 1 bedroom flats with their own kitchenette. These flats are accessed via a staircase at the rear of the property. They currently let for between £500 per month and £900 per month.Externally, the property features side access to a smoking area and independent access to the flats. The current owner has owned the property since July 2021 and is now looking to streamline their portfolio. This property is ideal for investors looking to tenant the pub or those who want to continue running it under management.GIA: 3802 sq ft / 353.2 sq mSite Area: 0.080 acres (0.032 hectares)LocationWellingtons Freehouse is situated on Osborne Road in New Milton, Hampshire. This charming market town lies in southwest Hampshire, on the edge of the New Forest and near the coast at Barton-on-Sea. It is approximately 21 miles from Southampton and 12 miles from Bournemouth.The Freehouse is conveniently located just a short 0.3 mile walk from New Milton railway station, making it easily accessible by train. From New Milton, you can reach London Waterloo in about 1 hour and 42 minutes on the fastest services.The property enjoys a prime town centre location and is close to Osborne Road public car park, which offers around 80 spaces.Ground Floor• Open plan bar area seating c. 40 with central bar servery• Function room • Ladies and gentlemen's WCs• Small kitchen area, office, beer cellar and a range of ancillary storage cupboardsOther FloorsArranged over the first and second floors are three residential flats. These flats share a kitchen and are accessed via a staircase at the rear of the property leading off a shared balcony.Fixtures & FittingsAll in situ trade fixtures and fittings are included in the freehold purchase price, except for third party items and certain personal effects. A detailed inventory will be provided to prospective buyers upon acceptance of an offer.Use ClassesSelf-contained flat (includes Maisonette / Apartment) – C3Leisure - Applicable to recreational sites and enterprises - Sui generisPublic House / Bar / Nightclub - Sui generisExternal DetailsThe external courtyard on the left side of the property serves as a smoking area and parking space for one vehicle.StaffThe business is currently run under contracted management who are responsible for employing staff.Trading InformationDetailed current and historical information is available upon request for seriously interested parties.Trading HoursMonday to Thursday: 11:00am - 11:00pmFriday: 11:00am - 12:00am (midnight)Saturday: 11:00am - 12:00am (midnight)Sunday: 12:00pm - 10:30pmTenureFreehold to be sold as a trading going concern (TOGC) inclusive of the trade fixtures and fittings. Stock (SAV) - Stock will be purchased at valuation on completion in addition to the agreed purchase price.Business RatesCurrent Rateable Value (1 April 2023 to present) is £5,700.RegulatoryPremises Licence.Energy Performance CertificatesEPC 1