Gorleston, Great Yarmouth

By auction £250,000

The Wheelwrights Arms in Gorleston, Great Yarmouth is for sale by Online Auction – Guide Price £250,000. + VAT Terms and Conditions apply. LLH Solutions Ltd are pleased to bring this community Public House to market for the first time in many years.

  • For Sale by Online Auction
  • Lovely Norfolk Coastal Town
  • Very well Maintained
  • 3 Bed Living Accomodation
  • Currently Closed
  • Guide Price £250,000 + VAT
  • Popular with Residents
  • Development Potential STPP
  • Retirement Sale
  • Historical Accounts Available

Property Details

  • Reference: K90921F
  • Type: Public House
  • Status: For Sale
  • Area: 2500sqft

Gorleston-on-Sea, known colloquially as Gorleston, is a town in Norfolk, England, to the south of Great Yarmouth. Situated at the mouth of the River Yare.It is a seaside resort and tourist destination. Its main attraction is its sandy "Edwardian Beach." It has traditional seaside gardens and model boat pond. It also has a theatre opposite the pier called the Pavilion. The main shopping centre is on High Street. It has its own golf club. There is also the hospital and a library.

Of brick built construction under a tiled roof, this property has a painted frontage.
With open fires/log burners, this venue is a cosy pub all year round.
This business has been decorated throughout within the last six months in anticipation of a return to normal trading.
The roadside location has plenty of kerb appeal, and a small amount of customer car parking.
Located next to a large convenience store, and on a main road, there is plenty of passing trade.

Historically this has been a friendly locals pub offering reasonable beer prices, plenty of sport viewing and participation of traditional pub games and competitions.
Large floor plan/footprint offers plenty of trading space.
Closed initially due to Covid 19, the custodians of this historical Public House have decided their future plans lie in retirement.
This has always been a Wet lead Public House, but there is masses of scope for the introduction of food.
This is the first time this has come to market for many years and would be ideal for a buyer who is looking for an opportunity to build their business gradually.

To compliment this business there is spacious living accommodation two double bedrooms, one luxury bathroom with a double jacuzzi bath (converted double room) and shower cubicle. Small bathroom which could easily be converted back to one bathroom 3 bedrooms.
Ground Floor Accommodation comprises of a large living room and fitted kitchen with conservatory which is currently the office, with a side courtyard.
The Garage is a double garage with electric up/over door with rear entrance through the current wood store leading to another private yard.

From the drop kerb from the main access road, there is a small car park leading to a Private car parking garage.

Freehold Purchase Guide Price £250,000. (+VAT)
Vacant Possession
Rateable Value £12,750
Rates Payable £2.61 per sq ft.
RV from Ist April 2023 - rates will be £10,000.

We are informed that all mains services are to this property.

Strictly by appointment with the vendors sole selling agents. Tel: 01780 435072 Email info@llhsolutions.com You are recommended to contact us in the first instance prior to visiting the property even for an informal viewing.

An early discussion about finance can often save time and disappointment, talk to LLH Solutions about securing independent financial advice from one of our solution partners.

Each side to pay their own legal fees.

C (62)

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

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