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Inn for sale in Hereford

The Tram Inn, Allensmore, Hereford, Herefordshire, HR2 9AN
For sale
£350,000

COMMON USE CLASS: A4 Drinking Establishments

sk-real-estate
This property is marketed by:
SK Real Estate

Key Features

  • Extensive area circa 0.96 acres.
  • Vacant industrial unit and a vacant pub.
  • Residential or commercial development possible STTP.
  • Large open area comprising hard standing and paddock.
  • Available freehold with vacant procession.


Location


The Tram Inn and associated land is located directly off the B4348 in close proximity to the Village of Allensmore. The A465 Hereford-Abergavenny road is approximately 400 metres due west of the site.


The property is situated approximately 4 miles south west of the city of Hereford and approximately 12 miles northwest of the town of Ross-On-Wye. The A40 at Ross gives direct access to the M50 dual carriageway to the north, and M5 to the south.


The Property


This prominent site comprises 2 industrial units and a vacant pub set on an area totaling 0.96 acres.


The pub has not been in use for a number of years, and benefits from a small number of outbuildings to the rear, as well as a small parking area.


The industrial unit at the rear of the site sits a top a concrete base, and has a steel portal frame beneath a pitched roof. It benefits from an electricity supply, and is split internally to create 2 units.


The site is accessed directly off the B4348 public highway, with extensive frontage and full access rights for the current use.


As well as the structures there are also 2 open areas of ground which have potential for further development subject to planning.


Accommodation


We have measured the premises in accordance with the RICS Code of Measuring Practice (6th Edition) to provide the following approximate areas and dimensions:


Tram Inn:

Sub Total:

Industrial Units:

Sub Total:

Total:


Tenure


Freehold with vacant possession


EPC


We understand the property has a Energy Performance Rating of ????????


Rates


The onsite industrial units are currently assessed in the 2017 Rating List as a Store and Premises with a Ratable Value of £5,100.


The Tram Inn itself was assessed in the 2017 Rating List as a Public House and Premises with a rateable value of £700.


Price


£350,000


Services


We understand that the site has the benefit of all mains services and drainage.


VAT


We can confirm that VAT is not chargeable on the purchase price or rent.


Access


To the rear of the site are 3 residential dwellings which are not included in this sale. Please see the plan at the rear of the brochure showing this.


It is understood the residences to the rear benefit from all required access rights through the site.


Overage Clause


The site is to be sold subject to an overage agreement which will be triggered by residential re development. The proposed terms of this overage are available on request.


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