Pub
The property was built in circa 1880 and comprises ground floor public house with cellar and 3-bedroom owners accommodation to the first floor(has been let as rooms in the past).
The property benefits from an outdoor trade patio(20 covers).
We noted a modern Fire alarm system, and the property is double glazed and gas central heated with a valid gas certificate at time of inspection.
Stowmarket is a market town in Suffolk, England, situated approximately 13 miles north of Ipswich, 14 miles east of Bury St Edmunds, 37 miles southwest of Norwich and 95 miles northeast of London. The town is served by its own railway station which sits on the Great Eastern Main Line 80 miles and 9 chains down the line from London Liverpool Street. Regular bus services also allow travel to the nearby towns of Ipswich and Bury St Edmunds as well as several neighbouring villages. The nearest airport is the Norwich International Airport located 41 miles north.
The Crown is situated in a corner position between Crown Street and Regent Street in a predominantly residential location attracting locals from the surrounding streets.
Bar area, games room, catering kitchen, WCs
One double and two single bedrooms, lounge, bathroom
Open Plan Cellar
Trade patio and single garage
We have been advised vat is not applicable.
These sales details are awaiting vendor approval.
Freehold. Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will 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. A full definition can be found within the Buyers Terms.
