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INVESTMENT HIGHLIGHTS
- Substantial public house suitable to owner occupier or developers
- May be suitable for conversion/re-development
- Situated in a highly prominent location on the corner of New Road
EXECUTIVE SUMMARY
The property briefly comprises a substantial public house and premises the original part of which comprises a 3-storey traditionally built end of terrace townhouse with a more modern 2-storey extension to the rear. The property currently trades as the Sandpiper Bar and Lounge, a long established fully licenced public house available for sale due to the retirement of the current owners. The property offers up potential for ongoing commercial/hospitality use but at the same time offers up obvious potential for conversion and redevelopment of the property most obviously for residential development.
The property comprises bar and lounge and function room accommodation over ground and first floors together with owners living accommodation on first and second floors.
The property provides in total approximately 394 sq.m (4,238 sq.ft) Net Internal Area of accommodation over 3 floors. The property benefits from rear lane access and a small courtyard beer garden.
The property comprises bar and lounge and function room accommodation over ground and first floors together with owners living accommodation on first and second floors.
The property provides in total approximately 394 sq.m (4,238 sq.ft) Net Internal Area of accommodation over 3 floors. The property benefits from rear lane access and a small courtyard beer garden.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
4,238 SF
Year Built
1980
Price
$867,546
Price Per SF
$204.71
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.88
Lot Size
0.11 AC
Frontage
21’ on New Road
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Sandpiper Inn | 52 New Rd
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