This property is no longer on the market
Pub
Property description & features
- Tenure: Freehold
- A Substantial Two Storey Public House Let on a Six Year FRI Lease For £42,000 Per Annum. (The Leaseholder is currently paying a reduced rent of £1,000 per calendar month)
*For Sale By Online PublicAuction 3rd August 2022 09:45 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Substantial Two Storey Public House Let on a Six Year FRI Lease For £42,000 Per Annum. (The Leaseholder is currently paying a reduced rent of £1,000 per calendar month)
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Victoria Park are within easy reach. Transport links are provided by Junction 7 of the M62.
Description
The property comprises a mid terrace building arranged as a public house over ground and first floors.
Accommodation
Ground Floor
Bar with Seating Area
Disabled W/C
(5,023 sq ft)
First Floor
Cellar
Toilets
(1,150 sq ft)
Accommodation
Exterior
The property benefits from a loading bay accessed to the rear of the buildingTenancy
The property is let on a 6 year FRI lease commencing 2nd February 2021 at a rent of £3,500 per calendar month with the rent rising to £4,000 per calendar month in year 3.
Please note the tenant is paying a paying a reduced rent of £1,000 per calendar month and there is a further possibility the property could be offered with vacant possession on completion at the buyers request.
Note
Open to View During Normal Business Hours
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 178886. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House London - Hampstead.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.