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Investment for sale in Shaftesbury

The Grove Arms, Ludwell, Shaftesbury, Dorset
For sale
£410,000
AUCTION PROPERTY
clive-emson-auctioneers
This property is marketed by:
Clive Emson Auctioneers
Located in the attractive Dorset village of Ludwell a short distance from the larger town of Shaftesbury, this attractive village inn sits within a plot that extends to 0.53 hectares (1.31 acres).

The property benefits from extensive accommodation with six letting rooms, all with en-suite shower rooms and a separately accessed two-bedroom managers flat.

The pub has a substantial main bar and restaurant with around 50 covers and a commercial kitchen to the rear along with ancillary storage space, gardens to the front and rear and a substantial car park.

Ground Floor
Main lounge bar, restaurant seating, pool table and snug, customer toilets, commercial kitchen, store room and cellar.

First Floor
Rooms 1 & 2
(Above Main Pub)
Both are single rooms with en-suite shower rooms.

Rooms 3 & 4
(Above Main Pub)
Both are double rooms with en-suite shower rooms.

Managers Flat
Separate access via stairs to the side, living room, two bedrooms both with
en-suite bathrooms.

Second Floor
Room 5
Twin room with en-suite shower room.

Room 6
Triple room with en-suite bathroom.

EPC Rating
C (56). Floor area 616 sq.m.

Auctioneer's Note
The property is currently occupied however the seller will serve notice not less than 14 days prior to completion. The property is sold subject to the Overage Clause referred to with the TR1.

Freehold with Vacant Possession on Completion

Commercial EPC: C


Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.


Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/

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