23 January 2012

Will time be called on 213 years of history?

There’s been a Fox & Goose on London Road in Grays, Essex, since at least 1799, when John Curtis owned the establishment. But that might be about to change.

“With a building boom nearby – Barratt Homes, Fairview New Homes and Bellway are all working on developments – it could be time for a new role, possibly retail or residential, ” says Panayiotis Themistocli of AG&G, who is marketing the property off an asking price of £350,000.

If it remains a pub, there would be plenty of customers from the new houses and flats to be served from the ground floor open plan area and trade kitchen. A publican could earn more from four letting rooms on the second floor and still be comfortable living in a further three bedrooms, sitting room, office, kitchen and bathroom.

A basement beer store and dry goods storage areas completes the building. Outside are 25 parking spaces and two garages, plus the trade garden. The site covers almost 2,500 square metres.

The property is not listed or in a conservation area and is currently licenced from 10am to midnight, Monday to Wednesday, to 2am Thursday to Saturday and from noon to 11.30pm on Sunday. It has a rateable value of £16,500.

For more information, contact Panayiotis Themistocli on 020 7836 7826, e-mail pthemistocli@agg.uk.com or media@agg.uk.com.

AG&G are chartered surveyors specialising in the licensed leisure industry, with the skill and experience needed to value, assess or promote a property not simply as bricks and mortar but as a business. If it involves the price of a licensed premises, its profitability, rental value, investment prospects or value in a dispute, AG&G can help.

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