Historic vacant public house and two retail investments in Romsey town centre for sale., The Abbey Hotel is situated in the centre of Romsey, a market town well-known for its association with the Broadlands Estate, the former home of the Lord Mountbatten. The property has a prominent position in Church Street, immediately opposite Romsey Abbey, close to the shopping area around Market Place and The Hundred where many national are situated., The Abbey Hotel is a substantial property offering a development opportunity that could provide a new pub and restaurant with scope to develop letting accommodation. There are many tourists and visitors to the area visiting attractions such as Mottisfont Abbey, the River Test and the Test Way, Stockbridge, The Broadlands Estate and Paultons Park., The property is not a listed building but is situated within the Romsey Town Centre Conservation Area. We believe that there are a number of development opportunities associated with the premises, subject to obtaining the necessary planning permissions., The property is available for sale with a guide price of £1.6m (plus VAT) to include the freehold interest with vacant possession of the Abbey Hotel and with the benefit of the investment income from the two retail units., Historic vacant public house and two retail investments in Romsey town centre, Opposite Romsey Abbey and close to The Broadlands Estate and the River Test, Site area of 0.13 hectares (0.322 acres), Pub in shell condition ready to receive fitting out, Investment income of £18,362 pa potentially increasing to £30,000 pa, Alternative use and development opportunities (STP), The Abbey Hotel and the adjacent retail units have a site area of 0.13 hectares (0.322 acres) with a wide frontage to Church Street. The building is arranged over ground, first and part second floors. The upper floors of the Abbey Hotel extend above the two retail units. There is an area for car parking / deliveries and a large garden to the rear of the property backing down to a mill stream. The Abbey Hotel is offered for sale part way through a redevelopment of the property. The retail units are fully occupied by third party tenants. The Abbey Hotel provides a number of interconnecting rooms at ground floor level all of which are in 'shell' condition. The basement and ground floor combined have a gross internal floor area of approximately 470 sq m (5,060 sq ft). The total gross internal floor area is approximately 790 sq m (8,504 sq ft). The upper floors of the property provide an opportunity to create nine en-suite letting bedrooms at first floor level and a manager's flat on the second floor. This accommodation is also provided in shell condition. There are a number of outbuildings that offer a further development opportunity.