For Sale – The Sub House, Princes Road, Wells, Somerset BA5 2DT (SOLD STC)

//For Sale – The Sub House, Princes Road, Wells, Somerset BA5 2DT (SOLD STC)

For Sale – The Sub House, Princes Road, Wells, Somerset BA5 2DT (SOLD STC)

Development Opportunity in Wells

  • Tenure: Freehold
  • Area: 1,385ft² Building plus Yard Area
  • Property: A2 Use Building (formerly operated as a Restaurant), with Yard Space with opportunity to redevelop site – Subject to Planning
  • Guide Price: £140,000 – £180,000
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Particulars

Description:

A rare opportunity to acquire a Town centre site with re-development opportunity next to the Western Power Sub Station with the existing Subhouse building currently with office planning use, but formerly operated as a Restaurant, redevelopment for commercial use or demolished and industrial units installed, all subject to Planning Permission being obtained.

Alternatively, the building could be rented for a Restaurant type premises.

Alternative uses for the land could include car parking or container storage, both offering revenue streams which could be explored, again subject to Planning Permission and site areas.

Accommodation:

The building is currently set up as a Restaurant premises, (without planning permission) measuring 128.79m² (1,385ft²), split over ground and first floor with WC facilities on both levels.

Ground Floor
Restaurant               32.77m²(352ft²)
Bar and Servery      10.47m² (112ft²)
Kitchen                     12.91m² (139ft²)
Washroom               6.44m² (69ft²)
Plus WC facilities and hallway/entrance

First Floor
Games Room           14.29m² (154ft²)
Stock Room             15.43m² (166ft²)
Bar Servery              7.93m² (85ft²)
Restaurant               28.55m² (307ft²)
Plus WC facilities and landing

Services:

Mains electricity, gas, water and drainage are connected to the property. Telephone lines available for connection subject to BT Regulations.

(We confirm that we have not tested any of the service installations and any Purchaser must satisfy themselves independently as to the state and condition of such items.)

Tenure & Terms:

The site is available for sale by way of Freehold, encompassing the building and yard area with an access to the side of the yard area and in between the yard and sub-station to allow for access and maintenance purposes.

Price:

Seeking offers on a guide price of £140,000 – £180,000 for the site, encompassing the building and yard area.

Alternatively, the building could be available to rent, seeking offers in the region of £15,000 per annum, exclusive.

2019-09-10T11:20:09+00:00 August 12th, 2019|Commercial|

Enquiry About Property

Contact Details

Address

Lyndon Brett Partnership

County Court Chambers
Queen Street
Bridgwater
Somerset
TA6 3DA

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