Offers in excess of £1,000,000
Belsay is to the north of Ponteland, an upmarket area to the west of Newcastle upon Tyne. Surrounded by open countryside, this pub is a well-known landmark throughout the north and well-known for its excellent quality and good traditional fayre. The pub is north-west of Newcastle, 5 miles from Newcastle International Airport and 4 miles from Ponteland. A substantial detached property, Grade 2 listed and a former Coaching Inn, traditionally constructed over two floors under stone, slate-covered roofing. The property has outbuildings to one side, which could be converted to letting rooms and has a large car park for 40-50 vehicles, as well as parking to the side and front. It is located on the A696, which leads from Newcastle upon Tyne through Ponteland up to the borders, via the A68. The pub dates back to around 1700 and is a traditional country pub.
The subject property comprises a public house situated on a site extending to approximately 23 acres.
The public house itself briefly comprises an open plan lounge bar with dual-aspect fireplace, a large restaurant, a cellar, kitchen and WC facilities. These rooms are very attractive with traditional styling. There is an additional function room which can accommodate 50 people.
The first floor comprises living accommodation, which has four bedrooms. There is a small office, as well as a large lounge, breakfasting kitchen and two bathrooms; one of which has a corner bath unit and the other having a shower cubicle.
Externally, there are spaces for car parking and outside eating/drinking.
The property and the site may be suitable for a variety of uses, including development STPP.
|Site area||23 acres||
||Estimated Rates Payable
|Public House and Premises||£36,500
We are advised that the rateable value of the premises as at 1 April 2017 is £36,500 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 48p in the pound. However, interested parties should confirm the current position with the Local Authority.
The subject property is available by way of Freehold and offers are invited in excess of £1,000,000 (One Million Pounds).
VAT is payable on this sale.
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
Each party is to bear their own legal costs involved in the transaction.
MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
For general enquiries and viewing arrangements please contact Jamie Wales at Bradley Hall.
Tel: 0191 232 8080