Property Description

***HIGH YIELDING INVESTMENT OPPORTUNITY*** An excellent freehold opportunity to acquire a former public house, being part let part vacant, occupying a prominent corner plot position, situated within an established residential area, conveniently positioned for the town centre. Constructed of brick, set beneath a pitched tiled roof the two storey property boasts an approx 8,000 sq.ft floor area with ground floor being vacant. In our opinion there is significant scope to convert the ground floor pub into 4x one bedroom self contained flats, subject to planning. To the first floor landing, there is a well-appointed one bedroomed self contained flat currently vacant. Located off from a further landing there are four separate bedrooms, communal fitted kitchen with 2x separate fitted shower rooms. Three of the bedrooms are let on ASTs at £450pcm, producing a combined gross rental income of £16,200pa. When fully let we would anticipate a combined rental income of circa £29,000pa. Outside to the rear there is a full width enclosed walled garden with hardstanding area and double timber doors. There is an additional adjoining brick built outbuilding that lends itself to further residential conversion subject to planning. The historic market town of Burton boast an excellent range of amenities situated in the borough of East Staffordshire just off the A38 that provides swifts access onto the cities of Derby and Birmingham, A50, Toyota and East Midlands Airport.

Main bar area with stage

47ft 4 x 44ft

Male toilets

10ft 7 x 11ft 3

Female toilets

12ft 2 x 7ft 3 (irregular shaped room)

Utility room

6ft 2 x 3ft 5

Open plan fitted kitchen and lounge

18ft 8 into chimney recess x 12ft

Bedroom

10ft 9 x 9ft 8

Spacious modern fitted shower room

11ft 2 x 6ft 2

Separate passaged landing

31ft 4 x 2ft 9

4x double bedrooms

Room 2 - Vacant<br>Room 3 - Let £450pcm<br>Room 4 - Let £450pcm<br>Room 5 - Let £450pcm

Fitted kitchen

10ft 7 x 9ft

Shower room 1

10ft 7 x 6ft 6

Shower room 2

10ft 6 x 6ft 4

Tenure

Freehold

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