Home > UK Property Market > Freehold Pubs For Sale In Broadway Clacton-on-Sea, Essex

Freehold Pubs For Sale In Broadway Clacton-on-Sea, Essex

The property is located on the busy main seafront of Jaywick which boasts beautiful beaches and is positioned on the outskirts of Clacton-on-Sea.

Operating from a substantial and well-presented three storey detached premises the business and private dwellings are of considerable size and quality.

On the ground floor is an amusement arcade & Social Club. The first floor contains a snooker room & a disused club area, now undergoing transformation into a proprietor’s residence; 3 bed, bath, office, kitchen, huge lounge, all with sea views. Planning permission pending.

The second floor is a 4/5 bedroom self-contained apartment which benefits from a private roof terrace. This flat is currently let at a discounted rate of £600.00 pcm (we are advised market rental value is approximately £850+)

Current owner is prepared to leaseback ground floor & proprietors residence for 2-3 years around £16.5k pa.

The property represents excellent value for continued licensed use / owner occupation. There is also enormous potential for redevelopment (residential / commercial / mixed use) subject to gaining the appropriate Local Authority consents.

We are advised that the Business Rates currently stand at approximately £6,290 per annum and the Council Tax is £725. There is a business rate appeal taking place in June.

Follow the link for more freehold pubs for sale In Broadway Clacton-on-Sea, Essex

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