Description
The property comprises the ground, basement and first floor of a two storey terraced corner building with brick elevations beneath a multi pitched tile roof.

Accommodation
Ground Floor: The ground floor provides an open plan trading area with a central bar servery and seating on loose tables, chairs and bench seating for 50 customers. Ancillary areas include a trade kitchen to the rear and customer WC’s to the front.

Basement: Cellar and stores.

First Floor: The first floor comprises HMO living accommodation with seven bedrooms (three en-suite), bathroom , shower and WC.

Externally: There is an enclosed customer area to the side with seating on loose tables and chairs for 40 customers. Two storey semi derelict barn. Parking for 14 vehicles is a short distance north along Middle Road.

Tenure
The property is held freehold (Title Number NGL54162).

Tenancy
The entire property is let to a STAM (London) Limited on a 20 year lease from 23 August 2013 at a current rent of £80,000 per annum which is subject to five yearly open market reviews and annual uncapped RPI increases (except in the open market review year). A rent deposit of £17,379 is held by the landlord.

Planning
The property is not listed however, it is situated within Roxeth Hill Conservation Area.

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
B-40

Terms
We are instructed to invite offers in excess of £1,200,000 (6.3% 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.