58 Bagnall Street, Golds Hill, West Bromwich, West Midlands, B70 0TW

Freehold Public House

Property details

Type Investment
Tenure Freehold with vacant possession.
Price Offers based on £245,000
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  • Popular wet let public house in prominent location.
  • Ground floor open plan bar
  • Large rear beer garden
  • 3 bedroom owners’ accommodation above
  • Sold with vacant possession.
  • Freehold – offers based on £245,000

The property comprises a traditional public house with owners/managers accommodation to the first floor. The property opens to an open plan bar area with customer WC’s and a commercial kitchen to the rear. The is a cellar accessed directly from the bar area, and a good sized beer garden to the rear of the property.

To the first floor there is a kitchen, bathroom, living room, and three bedrooms.

The public house at ground floor has traded as a busy local community pub serving the surrounding residential area but also attracting trade from the town centre and the many local businesses. The unit is currently closed for trade but offers the opportunity to be operated by an owner occupier or converted for alternative use (subject to obtaining the necessary planning consents).

The property occupies a prominent corner location at the junction of Bagnall Street and Waterside Street , approximately 1 mile northwest of West Bromwich town centre. West Bromwich is a large Black Country town within the Metropolitan Borough of Sandwell and lying approximately 5 miles West of Birmingham.
Freehold with vacant possession.
Offers based on £245,000 are invited for the Freehold interest.
Business Rates
The property has a Rateable value (1 April 2023 to present) of £2,500.
We are advised that property is connected to all mains services.
All prices quoted are exclusive of any VAT that may be payable.
Available upon request.
Legal Costs
Each party is to be responsible for their own legal costs that may be incurred in this transaction.
Anti Money Laundering
In accordance with anti-money laundering regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.