Wellingtons Freehouse
Description
The Wellingtons Freehouse in New Milton is an end of terrace property of brick construction, run under management. This property features a ground floor wet-led pub, comprising an open plan trade area with a central bar servery, function room and small kitchen. The pub generates approximately £6,000 plus a week in gross sales. On the first and second floors, there are three residential flats, including a 3-bedroom flat with a shared a kitchen, and two 1 bedroom flats with their own kitchenette. These flats are accessed via a staircase at the rear of the property. They currently let for between £500 per month and £900 per month. Externally, the property features side access to a smoking area and independent access to the flats. The current owner has owned the property since July 2021 and is now looking to streamline their portfolio. This property is ideal for investors looking to tenant the pub or those who want to continue running it under management. GIA: 3802 sq ft / 353.2 sq m Site Area: 0.080 acres (0.032 hectares)Localisation
Wellingtons Freehouse is situated on Osborne Road in New Milton, Hampshire. This charming market town lies in southwest Hampshire, on the edge of the New Forest and near the coast at Barton-on-Sea. It is approximately 21 miles from Southampton and 12 miles from Bournemouth. The Freehouse is conveniently located just a short 0.3 mile walk from New Milton railway station, making it easily accessible by train. From New Milton, you can reach London Waterloo in about 1 hour and 42 minutes on the fastest services. The property enjoys a prime town centre location and is close to Osborne Road public car park, which offers around 80 spaces.Rez-de-Chaussée
• Open plan bar area seating c. 40 with central bar servery
• Function room
• Ladies and gentlemen's WCs
• Small kitchen area, office, beer cellar and a range of ancillary storage cupboards