Crown Inn

School Road, Finstock
Chipping Norton
Oxfordshire
OX7

Ground floor footplate: 4688 sq/ft*
 

£ 300,000

Freehold

ALL OFFERS INVITED

Freehold public house/development opportunity for sale subject to an occupational tenancy until 2014 at a rent of £14,000 per annum. In addition the purchaser will have the benefit of substantial additional income from beer sales.

The adjacent Post Office and land is also included in the sale although our client cannot prove freehold title (either because the deeds are missing for some other reason i.e. they were in adverse possession of the property). Our client can provide a statutory declaration covering the period from 2002 although they do not have a claim for adverse possession as they can't prove title for a period of 12 continuous years.

There is also enormous potential for redevelopment (residential / commercial / mixed use) subject to gaining the appropriate Local Authority consents.

The existing use class of the property is A4 'Drinking Establishments'. Planning consent is not required to change the current use to A1 (shops), A2 (financial and professional services) or A3 (restaurants and cafes).

* All measurements approximate as measured from Promap.
Whilist supplied in good faith, purchasers must satisfy themselves as to the accuracy.