Virtual Freehold Central London Public House Available for Sale
Description
The property comprises the ground and basement of a five storey building with traditional stone elevations beneath a mansard roof.
Tenure
Virtual Freehold (Title No. NGL846913). Held for a term of 999 years expiring on 11th February 3004 (circa 979 years unexpired) at a peppercorn rent. The area outlined blue on the plan is included at basement level only. The most recent service charge was £6,060 per annum.
Premises Licence
The property has the benefit of a Premises Licence in accordance with the Licensing Act 2003. The premises are permitted to sell alcohol daily between 7am and 2am.
Trading
The premises are currently open and trading.
Rateable Value
2023 - £29,500.
EPC
B - 38
Planning
The building is not listed nor situated within a conservation area.
Fixtures and Fittings
Trade fixtures and fittings which are in the absolute ownership of the Vendor and in situ on completion will be included within the sale. Any branded or leased items and any items owned by third parties will be excluded.
Terms
Offers in excess of £995,000 are invited for the benefit of ours clients virtual freehold interest with vacant possession.
VAT
VAT will be applicable.
Viewings
All viewings must be arranged strictly by appointment with the sole selling agents Savills.
Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all purchasers. Prospective purchasers will need to provide proof of identity and residence.
Name | sq ft | sq m | Availability |
---|---|---|---|
Ground | 1,139 | 105.82 | Available |
Basement | 1,666 | 154.78 | Available |