Vil­lage pub sale ‘not good news’

Fears site will even­tu­ally be hous­ing

Buckinghamshire Advertiser - - NEWS - By Tom herbert tom.herbert@trin­i­tymir­

A POP­U­LAR vil­lage pub has been put up for sale, spark­ing fears it could one day be turned into hous­ing.

The free­hold pur­chase of the Bar at the Ge­orge, High St, Chal­font St Peter, has be­come avail­able with prop­erty ad­vi­sor Christie and Co, who are based on Carmelite Street, Lon­don.

The Grade II build­ing, which is found right in the mid­dle of the vil­lage, is de­scribed as a “sub­stan­tial build­ing” by the es­tate agents, who are also selling the gar­den, car park and ac­com­mo­da­tion.

Stewart Harkness of Christie and Co, who is the han­dling the sale of the busi­ness, said: “This ex­tremely well lo­cated char­ac­ter build­ing of­fers in­vestors and op­er­a­tors the abil­ity to ben­e­fit from a good in­come stream and net re­turn, with the long term knowl­edge they have a sub­stan­tial build­ing with nu­mer­ous al­ter­na­tive po­ten­tials in the fu­ture.”

The state­ment has sparked con­cern that the ‘nu­mer­ous al­ter­na­tive po­ten­tials’ could in­volve turn­ing the pub into hous­ing.

Dave Bad­minton, from the Cam­paign for Real Ale (CAMRA), said: “It’s another one gone down in quite a small area which is not good news at all and it’s a good com­mu­nity there so I don’t know why it’s up for sale.”

He added: “It’s not good news. It’s not good for some­where as small as Chal­font St Peter. You have got two oth­ers re­ally and now for the third one to go. There was about five or six orig­i­nally.”

He added: “I don’t like to see any­where go down at all be­cause ob­vi­ously while it’s still a pub it could be a good pub.”

A Christie and Co spokesman said: “The ne­go­tia­tor says there has been good lev­els of in­ter­est from a va­ri­ety of in­vestors. The own­ers have had the site for many years and are now, that it’s let out to a ten­ant that has been suc­cess­ful over the past year, look­ing to re­alise their long term in­vest­ment and use for other ven­tures.”

Christie are Co are invit­ing of­fers for the free­hold and have had good lev­els of in­ter­est al­ready.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.