Bladebone, Chapel Row, Bucklebury, RG7 6PD | Property for sale | Savills
4,129 sq ft(383.60 sq m)
Excess of £890,000(443,195 BHD)

BladeboneChapel Row, Bucklebury, RG7 6PD

  • New
  • Freehold

Key features

  • Entire property let to RCS Pubs Limited
  • Property arranged over two levels extending to 4,129 Sq Ft (384 Sq M)
  • Current rent of £71,394 per annum
  • We are instructed to invite offers in excess of £890,000 (7.60% NIY)
  • Lease expires February 2040
  • The pub rent is subject to five yearly open market rent reviews and annual RPI increases with a cap of 10% (except in the open market review year)
  • Business unaffected by sale

Freehold public house investment for sale let until February 2040 at a current rent of £71,394 per annum

About this property

  • Description
    The property comprises the ground, basement and first floor of a two storey detached building with exposed brick elevations beneath a pitched and hipped roof.

    Virtual Tour
    Please see the link below to access the Virtual Tour:
    https://vt.ehouse.co.uk/bNFnTAiFDzj

    Tenure
    The property is held freehold (Title Number BK368179).

    Tenancy
    The entire property is let to a RCS Pubs Limited on a 20 year lease from 27 February 2020 at a current rent of £71,394 per annum which is subject to five yearly open market rent reviews and annual RPI increases with a cap of 10% (except in the open market review year). A rent deposit of £11,457 is held by the landlord.

    Planning
    The property is not listed or situated within a conservation area.

    VAT
    VAT
    It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis the purchasing entity is VAT registered.

    EPC
    D - 79

    Terms
    We are instructed to invite offers in excess of £890,000 (7.60% NIY) assuming the usual purchasers costs.

    Fixtures and Fittings
    The fixtures and fittings are currently owned by the occupational tenant.

    Money Laundering
    Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.

    Viewings
    All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff.

    For further information and all viewing requests please contact the sole selling agents Savills.

Local information

  • Located in the hamlet of Chapel Row, in the county of Berkshire, 8.4 miles (13.4 kilometres) east of Newbury and 10.4 miles (16.6 kilometres) west of Reading.
  • The Bladebone is situated fronting The Avenue in a mixed residential and agricultural area and adjacent to a popular independent cafe.

Available space

Namesq ftsq mAvailability
Basement53549.70Coming Soon
Ground2,543236.25Coming Soon
1st1,05197.64Coming Soon