Next auction Thursday 20th June 2.30PM

Royal Oak, 44 High Street, Collingham, Nottinghamshire, NG23 7LB



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Guide price

£225,000 +


Property Type

Commercial


Key Features

  • Freehold Public House (vacant)
  • Fronting busy A-Road
  • Situated in the heart of Collingham
  • Spacious 4 bed living quarters
  • 3 distinct trading areas
  • Beer garden and car park to the rear (20)

Part of the 14 March 2017 auction
Nottingham Racecourse at 2.30PM

A substantial detached Public House occupying a prominent corner position in the heart of Collingham. Beer garden and car park for around 20 vehicles.

  • Collingham is an attractive and historic North Nottinghamshire village approximately 5 miles North of Newark-on-Trent and 12 miles South-West of Lincoln. The Royal Oak holds a prominent corner position at the junction of the A1133, the main road through the village, and Station Road. There are a handful of other commercial uses but this is in the main a residential village with upmarket housing. DESCRIPTION A substantial detached building which, whilst occupying a corner plot, is L-shaped to its main section with a large single storey extension to the rear. White wash rendered and having a corner entry lobby, the main section lies beneath a pitched slate roof and the extension beneath pitched pan-tiles. To this side is a partially walled, grassed beer garden, which certainly needs some work but could be a real feature whilst to the rear there is car park with space for around 20 vehicles. TRADE No trade is sold or warranted. ACCOMMODATION Ground Floor Internally there are three separate trading areas being Bar, Lounge and Restaurant respectively. The Bar, which lies to the front, is a carpeted room save for the tiling to the front of the timber bar servery and has a hefty ceiling beam, cushioned wall bench seating, brick built fireplace, darts throw and patio doors out to the garden. To the side is the Lounge, which is a snug-like room. Again carpeted and beamed, this cosy room has cushioned perimeter bench seating, and its own fireplace (no fire), a hatch (with fonts) to the servery and can seat around 14. The final room is the Restaurant, which is to the rear. Itself in two sections, with an opening between, this area can seat around 32. It also has mock beams to the ceiling and a hatch to the servery. Serving all of this, from the rear, is the trade kitchen which has fully tiled floor and walls, overhead stainless steel extraction and adjacent dry stores. As for customer toilets, there are Ladies & Gents off a small corridor which connects Bar and Restaurant and a further Ladies off the Lounge. There is also a small office on the ground floor. Living Accommodation The deceptively spacious and character private quarters which are at first floor level are made up of 4 double bedrooms (one of which has its own dressing room), large living room, bathroom and a landing area with kitchenette. Basement Chilled barrel-vaulted beer cellar accessed from behind the bar servery. Outside To the side is a partially walled, grassed beer garden, which certainly needs some work but could be a real feature whilst to the rear there is a car park with space for around 20 vehicles. TENURE Freehold

Contact Courtney Taylor on (0115) 7844600 or Andy Tudor of Fleurets on (0121) 236 5252

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold with vacant possession

D

Email: rashid.ali@smithpartnership.co.uk
Telephone: 01332 225204

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