Bull Inn, Witherley

Freehold for Sale

Price: Offers Invited

BEST BIDS DEADLINE

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Tremendous roadside located pub/restaurant with enormous potential

Key Points

  • 3.423 Acres - (1 ha)
  • Best & Final Bids Deadline 5.30pm 20th December 2018
  • Bar, restaurant and 1st floor function room and letting accommodation
  • Extensive grounds with two car parks and rear beer garden
  • Total site area 3.423 acres (approx)
  • GIA 343.59 m² / 3,698.38 ft² (approx)

Location

The Bull is prominently situated on the busy Watling Street (A5) in the village of Witherley. The village lies in the Hinckley and Bosworth district of Leicestershire, but located close to the borders of Leicestershire, Warwickshire and Staffordshire and just over a mile from the town of Atherstone. The village has excellent road links being close to the M42, M69 and M1 motorways and lies approximately 5 miles north west of Nuneaton, 9 miles south east of Tamworth and a little over 7 miles to the west of Hinkley.

Property

The Bull Inn is a two storey brick built property of part rendered, part brick elevations beneath a pitched tiled roof, with single storey pitched and flat roof extensions to the rear. The property briefly comprises entrance hall leading to Lounge Bar area, with large bar servery, glass wash-up/collection area, brick built feature fireplaces, upholstered perimeter and freestanding seating ; Restaurant area with approximatley 85 covers, tiled flooring, exposed brick walls, beamed ceiling and feature fireplaces.

The Inner hallway leads to Ladies, Gents and Disabled W.C.s, stairs to first floorwith a Function Room/Private Dining area, with beamed ceiling, part wood panelled walls and space for c. 40 covers.

The property also benefits from a commercial catering kitchen with wash-up area and freezer store room, staff W.C. and a basement beer cellar and store room.

To the first floor, the pub has 5 letting rooms comprising 2x Double bedrooms, 2x Single Bedrooms and 1x Family Room. All the rooms are equipped with ensuite shower rooms. An office, laundry Room and separate W.C. housing the boiler are also located over the first floor. 

To the exterior, the property has an expansive rear beer garden, laid to lawn, two tarmac surfaced car parks at either side of the property, providing car parking for approximately 55 vehicles; a paddock and further lawned and wooded area.  

Planning

We are advised that whilst the property is not Listed, the site is an area of historical interest, lying in the middle of the Manduessedum Burgus, a third century Roman structure with a Heritage Catagory of Scheduled Monument.  Excavations have recorded evidence of occupation in the C1st-C3rd on the line of the Watling Street. Trial trenching west of The Bull Inn recorded no evidence of structures but did record various finds indicating settlement from AD 70 for about eighty years. Prospective purchasers are advised to make their own enquiries to Hinkley and Bosworth Borough Council and Historic England.

Further information is available at https://historicengland.org.uk/listing/the-list/list-entry/1017585 

Overage Clause

Please Note - Any sale will include an overage clause which will entitle the vendors 50% of any uplift in value attributable to either the whole or part of the site following the grant of planning permission for residential or commercial redevelopment (i.e. should planning permission be obtained for development of either the whole or part of the site the uplift shall be the difference in value between the site for it existing use and with the benefit of the development consent). This covenant will be effective for 20 years. 

Rates & Charges

Business Rates
£42,720.00 per annum (based on a Rateable Value of £89,000)
Based on 2017 Business Rates Estimate
Council Tax
Available on enquiry

Watling Street (A5)
Witherley
Leicestershire
CV9 1RD