Coventry Victorian pub transformed into Turkish restaurant up for auction

A former Victorian pub which has been transformed into a Turkish restaurant with live-in accommodation and al-fresco dining is up for auction.

The popular Sofra Anatolia Turkish restaurant is located at the former Old Red Horse, at 52 Barras Green, Barras Heath in Coventry, and is now up for grabs in an attractive investment opportunity.

The two-storey semi-detached former pub contains a bar and dining areas, kitchen, stores and toilets with a courtyard and decked alfresco dining area with off-road parking at the front.

READ MORE COVENTRY NEWS HERE

There is also live-in accommodation in the building, with a first floor apartment comprising of two bedrooms, a lounge, kitchen and bathroom, where the lounge is currently being used to provide a third bedroom.

The property is freehold subject to a lease for seven years from January 31 2020 at a rental of £24,000 per annum.

The former Victorian pub will be up for auction on Wednesday, February 9 with a guide price starting at £238,000.

Ian Tudor, joint managing director auctions at Bond Wolfe, said: “This property is an excellent investment opportunity. It is currently generating rental income from a popular Turkish restaurant but would also be suitable for a range of alternative uses subject to the necessary planning consents.

“We are expecting considerable interest and some highly competitive bidding when this property goes under the hammer at our auction on February 9.”

One of 156 lots

The Old Red Horse sits on the eastern side of Barras Green, between its junctions with Coventry Street and Heath Road, in a well-established area of retail, commercial and residential properties, about four miles north east of Coventry city centre.

The former pub is among 156 lots that will appear in Bond Wolfe’s next auction which starts at 9.30am on Wednesday 9 February.

The auction will be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet only.

For more details and to register to bid visit www.bondwolfe.com/property-auctions-west-midlands/, or email [email protected], or call 0121 312 1212 or 01902 928 510.

Anyone with properties to sell in a future auction can arrange a free appraisal by calling the auction team or visiting www.bondwolfe.com/free-property-appraisal/.

Keep up with the latest news with our email alerts directly to your inbox. Sign up here.