Another one bites the dust....

[MarillionFan]

Oh hang on....

Packhorse Inn manager Stephen Peart tells of ordeal at hands of Taliban | This is Bath

Campaign Leads To Owner Attack – NOW Bath

It was shut down by the council. No-one wanted to take it on. Three bids, not one of them for a pub and some twat attacks the bloke who's bought it.

Village seems full of to me.

[SupremeSpod]

The business rates on a local pub are massive. Once changed to residential cheap as chips. You have to remember that business rates must be paid even if the property is empty. Coupled with the fact that the property is commercial(may even have a VAT component).

Therefore you cannot get a residential mortgage on it, so you need to buy the cash or take a commercial loan(which ain't cheap).

Locals having hissy fits about pubs they haven't properly supported over the years

Not if it's a listed building, apparently.

[Old Hack]

That's actually my neck of the woods MF, where I moved when we moved to the country in the 70's.

Its going to auction, so will finish way above 350k + auction fees. DPP will be 3k+ per unit, so another £30 odd k. That's before you've started the construction work, which I believe, given you'd need a new kitchen and bathroom for each unit, would be a further 25k min a unit (its a listed building, so cant be done on the cheap) or about 200k minimum bare bones. That's with an internal footprint of only 390 metres, or about fook all per unit (48 sq m)

Take into consideration you'd be looking at about 110 per unit, I think you'd struggle to make enough money to make it worthwhile.

might speak to my brother later to see if he knows about it though...

[BrilloPad]

Drinking is bad for you. Central control has decided no-one can drink any more.

[MarillionFan]

That's actually my neck of the woods MF, where I moved when we moved to the country in the 70's.

Its going to auction, so will finish way above 350k + auction fees. DPP will be 3k+ per unit, so another £30 odd k. That's before you've started the construction work, which I believe, given you'd need a new kitchen and bathroom for each unit, would be a further 25k min a unit (its a listed building, so cant be done on the cheap) or about 200k minimum bare bones. That's with an internal footprint of only 390 metres, or about fook all per unit (48 sq m)

Take into consideration you'd be looking at about 110 per unit, I think you'd struggle to make enough money to make it worthwhile.

might speak to my brother later to see if he knows about it though...

I was talking about keeping it as a hotel. Haven't done the calculations for a conversion. I've only just got the plans drawn up & costs for a new build in Trowbridge. Conversions of listed buildings are way above me at the moment.

[minestrone]

Home entertainment is now so good nobody can be arsed heading down to a crap pub for a flat pint.

Let's face it a lot of places are crap and probably deserve to go to the wall.

[MarillionFan]

Home entertainment is now so good nobody can be arsed heading down to a crap pub for a flat pint.

Let's face it a lot of places are crap and probably deserve to go to the wall.

£3.95 for a Stella at my local. Taking the piss for piss.

[wurzel]

Oh hang on....

Packhorse Inn manager Stephen Peart tells of ordeal at hands of Taliban | This is Bath

I had scampi and chips in there just a few months back.

Problem with Southstoke is that it is a highly desirable, overpriced commuter village just on the edge of town. I doubt that many of the villagers would have used the pub that much - most would have come from the housing estates across the fields.

[Old Hack]

I was talking about keeping it as a hotel. Haven't done the calculations for a conversion. I've only just got the plans drawn up & costs for a new build in Trowbridge. Conversions of listed buildings are way above me at the moment.

Trowbridge? Jeez, I'd be walking away from that one. Unless you are intending on living there <shudder>, you can't give stuff away there at the moment, yet builders are still looking at about 850 sq m+ on a build price.

Keep away from listed buildings, well away. The costs just rise, and rise, and rise. Also, the 350 is a guide price, and ime, they tend to go an awful lot higher than guide.

As an aside, I do know some good builders in the area. I actually got the plasterers I have always used to do my house in Reigate when I renovated it.

[SupremeSpod]

Trowbridge? Jeez, I'd be walking away from that one. Unless you are intending on living there <shudder>, you can't give stuff away there at the moment, yet builders are still looking at about 850 sq m+ on a build price.

Keep away from listed buildings, well away. The costs just rise, and rise, and rise. Also, the 350 is a guide price, and ime, they tend to go an awful lot higher than guide.

As an aside, I do know some good builders in the area. I actually got the plasterers I have always used to do my house in Reigate when I renovated it.

Is that real or another exaggeration?

Just asking, like.