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Guide Price: £400,000.00

Modern Method of Auction

Rose And Crown , Longburton , Sherborne , DT9 5PD

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CURRENT BID*

£390,000.00

(Place a bid)

STARTING TIME

31/12/2024 00:00:00

Lot Number: 45370089

Property ID: 17849591

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

The minimum current bid is £390,500.00

Fees Apply

Automatic maximum bid £ (only bid in increments of £500)

£

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Guide Price

£400,000.00

Method of Auction

Modern

Property Type

Other

Number Of Beds

5+

Tenure

Freehold Property

Address

Rose and Crown

Key Features

• Post Auction Offers Invited
• Mortgage Buyers Welcome
• Freehold Property
• Currently Run As A Pub
• Detached Cottage Used For Short-Term Lets
• Owners 2 Bedroom Flat Offering Further Investment Opportunity
• Large Car-Park For 20+ Vehicles
• Garden And Patio Seating Areas
• Development Opportunity (STPP)
• Grade II Listed
• Village Location
• Buyers Fee Applies
• Auction Pack Available On Request

Description

**For Sale By Online Auction** Post Auction Offers Invited**

For sale by auction a detached picturesque Dorset village freehouse, 2-bedroom flat and detached holiday cottage. This remarkable freehold property presents an excellent investment opportunity for continued commercial use or potential development opportunity (Subject to planning permission)

As the sole pub in Longburton, the Rose and Crown, which in parts dates from the 15th Century, serves as a central social hub for locals and visitors alike. Its location ensures a steady flow of visitors and a loyal customer base.

The property comprises a traditional pub with a warm and inviting interior, providing a charming atmosphere for guests. Adjacent to the pub, there is a delightful cottage currently operated as a successful short-term Airbnb. This additional income stream not only enhances the property's value but also offers flexibility in its usage. The property also includes a self-contained two-bedroom flat located above the pub - This versatile space offers multiple options, such as utilising it as comfortable owner accommodation or generating rental income through short / long-term tenants. This added living space adds convenience and further enhances the property's income potential. The pubs skittle alley also play hosts to a number of teams throughout the week.

A notable feature of the Rose and Crown Pub is the 20+ space car park, which provides ample parking for patrons but also presents the potential for future development subject to necessary planning permissions being granted.

Additionally, the pub boasts a beer garden, offering an appealing outdoor space for patrons to relax and enjoy during the warmer months. The rising popularity of alfresco dining and the demand for outdoor social areas make this beer garden a valuable asset, attracting a wider customer base.

In short, the Rose and Crown Pub presents a fantastic investment opportunity with its desirable features and income-generating potential. The pub's monopoly as the only establishment in the village, the successful Airbnb cottage, generous car park and outdoor space all contribute to its appeal.

Contact us today to arrange a viewing or to see the floorplans.

Modern Terms And Conditions

This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The winning bidder, assuming the reserve is met, is granted exclusivity of the property at the winning bid price for 28 days in which they must exchange, or the vendor is free to remarket the property and the reservation fee will not be returned. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE SALE PRICE.
Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the ‘legal pack’, if you choose to bid on the property you will be required to complete further identity checks for anti-money laundering purposes, provide card and solicitors details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.

**Guide price - This is an indication of the seller’s minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.

Property Brochure

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Property Auction Pack

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EPC

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Floor Plan

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**These particulars are produced by the advertising agent and not
verified by Whoobid, they are believed to be correct but their accuracy
cannot be guaranteed and they do not constitute an offer or form part of
any contract.**

Map Location

Property Location

Address: DT9 5PD

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Agent's Information

Name: Whoobid Auctioneers

Address: LONDON, Dorset, EC1V 2NX

Telephone Number: 01202 137200

Email: djacobs@whoobid.co.uk

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