Pub for sale
Property description & features
- Tenure: Freehold
- TENANTED INVESTMENT OPPORTUNITY
- LARGE FREEHOLD PROPERTY
- LOUNGE, SPORTS BAR AND SERVERY
- COMMERCIAL KITCHEN
- 2 HOTEL ROOMS
- 1 BED APARTMENT
- 100 PERSON FUNCTION ROOM
- ENCLOSED BEER GARDEN
- VARIOUS OUTBUILDINGS
- 3.5 YEARS REMAINING ON 5 YEAR FRI LEASE
Selling with tenant in situ on a FRI long term lease currently paying £1850 pcm, bringing a yield of over 8% and offering a great long term return on investment.
The property has a multitude of revenue streams from functions, food, wet and dry sales, 2 hotel rooms and a self contained 1 bed apartment. Downstairs there is a large family lounge, sports bar, servery area and beer garden with covered area and various outbuildings. Upstairs there is a large function room for up to 100 people with a separate bar and WCS, two large hotel rooms able to accommodate up to 4 people in each and a separate 1 bed apartment (currently occupied by the chef).
The building is FREEHOLD with an EPC rating of B and is free of any ties to a brewery. Situated in a busy village and idyllically positioned next to a church supporting a host of functions and community life.
The lease is available upon request.
Tenure
The Property is held freehold.
Asking Price
Unconditional offers over £275,000 are invited for the benefit of our clients freehold interest with tenanted possession. VAT is NOT applicable.
Rating
The subject Property is listed in the 2017 Rating List with a Rateable Value of £6,350.
Planning
The Property is neither Listed nor within a Conservation Area
Licence
The Property has been granted a Premises Licence in accordance with the Licensing Act 2003.
Fixtures and Fittings
No fixtures and fittings will not be included in the sale.
EPC
The Property has an EPC Rating of B.
Legal Cost
Each party to be responsible for their own legal and professional costs incurred in this transaction.
For more information or to arrange a viewing please contact [use Contact Agent Button] or [use Contact Agent Button]
EPC rating: B. Tenure: Freehold,Places of interest
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