THE PUESDOWN INN Compton Abdale, Cheltenham · miles) close by and Cheltenham only 10 miles to the...

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established 200 years THE PUESDOWN INN Compton Abdale, Cheltenham

Transcript of THE PUESDOWN INN Compton Abdale, Cheltenham · miles) close by and Cheltenham only 10 miles to the...

Page 1: THE PUESDOWN INN Compton Abdale, Cheltenham · miles) close by and Cheltenham only 10 miles to the West, all distances are approximate. The intersection for the A40 and the Fosseway

established 200 years

THE PUESDOWN INNCompton Abdale, Cheltenham

Page 2: THE PUESDOWN INN Compton Abdale, Cheltenham · miles) close by and Cheltenham only 10 miles to the West, all distances are approximate. The intersection for the A40 and the Fosseway

Cheltenham (10 miles) Burford (12.5 miles) Stow onthe Wold (11 Miles) Oxford (31 miles)

The Puesdown InnCompton Abdale, CheltenhamGloucestershireGL54 4DN

FOR SALE BY PUBLIC AUCTION.HISTORIC GRADE II LISTED PUBLIC HOUSESITUATED ON THE A40 BETWEEN CHELTENHAMAND BURFORD.

• Bar and Restaurant with Guestrooms.• Planning Permission for 8 En-suite

Rooms, Staff Accommodation andConsiderable alterations to theRestaurant.

• Multiple Uses Possible, Subject toPlanning.

• Large Car Park, Paddock and Gardens.• Total Area 1.9 Acres.

For auction Guide Price £560,000

VIEWING VIEWING VIEWING VIEWING Strictly by prior appointmentthrough

Tel:Tel:Tel:Tel: 01451 830383

LocationThe Puesdown Inn is located on the A40, which runs through theCotswolds linking Cheltenham with Oxford through Burford andNorthleach. The villages of Compton Abdale and Hazelton are in theimmediate vicinity, with other well-known Cotswold towns such asStow-on-the-Wold (11 Miles), Bourton-on-the-Water (7.5 miles),Northleach (3.5 miles), Burford (12.5 miles) and Cirencester (12.5miles) close by and Cheltenham only 10 miles to the West, alldistances are approximate. The intersection for the A40 and theFosseway is approximately 3 miles to the East.

DescriptionThe Puesdown Inn (Previously traded as 'Garniche') is a historicGrade II Listed coaching inn constructed primarily of Cotswold Stoneelevations under a mix of slate, Cotswold Stone and flat roofs. Theproperty is predominantly two storeys with a number of single storeyextensions. The Puesdown has a long and prominent frontage withtwo vehicular accesses onto the A40. There is a good sized surfaced

car parking area to the front and garden area to the side and rearwhich enjoys open countryside views. There is also a paddock areato the side of the property. In total the site is approximately 1.9 acres(0.77ha).

To the side of the main restaurant/Public House there are threeground floor, en-suite guest rooms all separately accessed from thefront of the property/off the car park.The first floor accommodation stretches over the entirety of thefrontage and is all currently linked. There are two internal entrances,one from the behind the bar area, one from the dining area and alsoone entrance via an external staircase at the side of the property.

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PlanningPlanning permission and Listed Building Consent has been grantedfor: 'Proposed glazed door and infill screen within the existing frontporch, removal of windows and replacement with glazed screens,three new window openings, roof glazing above the bar area, a rearglazed extension, installation of a rooflight, erection of fence andinternal alterations.' Please see the Cotswold District Council websitefor further information and proposed alterations (REF 18/02439/FUL).The site is not within a Conservation Area, however it is within theCotswolds Area of Outstanding Natural Beauty.

Potential Alternative UsesWe understand the Puesdown Inn was last used as a restaurant, giftshop with guest rooms and staff accommodation. The size and natureof the site means there may be scope for alternative uses subject toobtaining any necessary planning permissions/ listed buildingconsents.

Local AuthorityCotswold District Council, Trinity Road, Cirencester, GL7 1PX.Tel: 01285 623 000.

Business Rates/ Council TaxThe current Rateable Value of the Public House is £5,250 with effectfrom 1st April 2017. Council Tax is payable on the Flat which falls intoband B making the amount payable for 2018/2019 £1,232.86.Please note the rateable value may be reassessed following theplanned works to create further guest rooms and could increase,however this may then remove the council tax element currentlypayable.

TenureWe are offering the Freehold interest of the Puesdown Inn withvacant possession.

EPCEPC rating of C - 74.

ServicesFrom visual inspection it appears that the property is connected tomains electricity and water. There is a private drainage system andLPG gas supply. Please note: that we have not tested any equipment,appliances or services in this property. Prospective purchasers areadvised to commission appropriate investigations prior to bidding atthe auction.

Place of SaleThe Auction will be held at the North Cotswold Saleroom, Bourton-on-the-Water, Gloucestershire, GL54 2AR on 17th April 2019 at 6pmprecisely.

Prospective PurchasersParties interested in purchasing the Puesdown Inn are advised toregister their interest with Tayler and Fletcher prior to the Auction sothat they may be advised of any variations or updates.

Reserve PriceThe Puesdown Inn will be offered for sale subject to an undisclosedReserve and the Vendors retain the right for the Auctioneers to bid ontheir behalf up to the Reserve Price. The Vendors also reserve theright to sell or withdraw the property prior to Auction.

Money Laundering RegulationsAnyone wishing to bid at the Auction will be required to provide proofof identify to satisfy the Money Laundering Regulations before theauction commences. This will need to be proof of address (utility billno older than three months or council tax bill for the current period)and photographic ID (driving license or passport).

Administration FeeThe successful purchaser will be liable for an administration charge of£450 plus VAT (£540), Payable to Tayler and Fletcher.

Special Conditions of Sale & LegalThese are available from the Vendor's Solicitors. They will not beread out at the Auction. It will be assumed that the purchaser has bidwith full knowledge of such conditions of sale whether in fact he orshe has inspected the legal pack or not. The legal pack can be madedirectly from the Vendors Solicitors as below:-

Vendors SolicitorsGSC Solicitors LLP, 31-32 Ely Place, London, EC1N 6TD.Solicitor Acting : Seena WilliamsTel: 020 78 222 [email protected]

Deposit and CompletionOn the fall of the hammer, the purchaser will be required to sign thecontract in the Sale Room and pay ten percent deposit by cheque orbankers draft (not cash). Completion will be 28 days from the date ofthe Auction.

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Tayler & Fletcher and any Joint agents for themselves and for the Vendors of the property whose Agents they are, give notice that (i) These particulars are produced in good faith, are set out as a generalguide only and do not constitute any part of a contract (ii) No person in the employment of or agent of or consultant to Messrs Tayler & Fletcher has any authority to make or give any representation orwarranty whatsoever in relation to this property (iii) Measurements, areas and distances are approximate, Floor plans and photographs are for guidance purposes only and dimensions shapes and preciselocations may differ (iv) It must not to be assumed that the property has all the required planning or building regulation consents. A list of the partners of Tayler & Fletcher LLP is available at each Tayler &Fletcher Office.

taylerandfletcher.co.uk T 01451 830383The Square, Stow-on-the-Wold, Cheltenham, Gloucestershire, GL54 1BL

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Page 6: THE PUESDOWN INN Compton Abdale, Cheltenham · miles) close by and Cheltenham only 10 miles to the West, all distances are approximate. The intersection for the A40 and the Fosseway