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Pub/bar for sale

£675,000 (£129.14/sq. ft) Guide price

High St, Islip OX5

Pub/bar for sale 5,227 sq. ft*
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Property features

  • Extensive trade areas and large kitchen
  • Large Garden
  • Scope to develop skittle alley outbuilding
  • Ample car parking with ev chargers
  • Generous residential accommodation

Property description

Location:
The Red Lion is located in the historic and attractive village of Islip just 5 miles north of Oxford, lying moments from the A34. The village itself is idyllic, with a ford over the River Ray, a water mill and an abundance of historic stone cottages.

Description:
This substantial property is of three storeys accessed either from the main frontage or from the rear via the car park.
On the ground floor there are two extensive trade areas benefiting from timber floors and features with exposed brickwork and open fires. A good sized trade kitchen has the added benefit of an open servery/bar counter to the large patio and the gardens. Perfect for summer trade.
Toilets are at ground floor and cellarage is at basement level.
At first floor there is generous residential accommodation comprising of lounge, kitchen, bathroom and 4 bedrooms, with an additional two rooms above, all rooms are of a good size and would provide excellent owners or staff accommodation.
To the rear of the property there is a detached building currently housing a skittle alley with separate bar and toilets. This presents an opportunity to further develop the business.
Externally there is parking estimated to be in excess of 22spaces including 2 ev Charging bays. The gardens are a particular feature with lawns overlooking St Nicholas's Church and a large patio area.
All measurements from online mapping:
Total ground floor area of the main pub is estimated at 3,182sqft and the outbuilding is estimated at 2,039sqft.
Total site area is estimated at 0.48acres.

Current trade:
The vendor has let the property and so no trade information can be supplied nor warranted.

Planning:
The local planning authority is Cherwell District Council. The property is Grade II Listed, and is within the Islip Conservation Area. The property is not currently listed as an Asset of Community Value.

Licensing:
The property has a Premises License and is permitted to sell alcohol during the following hours:

Monday to Wednesday: 11:00 to 23:00
Thursday to Saturday: 11:00 to 00:00
Sunday: 12.00 to 22.30

The License also permits Performance of Play and Exhibition of Film.

Rateable value:
The property has a Rateable Value of £10,250 in the 2023 Rating List.

Energy performance certificate:
The property is assessed at Band C (70).

Services:
It is understood that the property benefits from all mains services.

Tenure & price:
Guide price is £675,000 + VAT for the freehold interest to include any fixtures and fittings upon the premises at the date of completion.
The ev chargers will remain in situ under the terms of a profit share agreement with Osprey Charging Network Ltd.

Viewings:
For further details or to arrange a formal viewing please contact the Sole Selling agent.

Property info

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

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For more information about this property, please contact
Urbanside Property Ltd, SG5 on * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Urbanside Property Ltd, and do not constitute property particulars. Please contact Urbanside Property Ltd for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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