FOR SALE PUBLIC HOUSE
Description
The property was purpose built as a pub by our client around 25 years ago on a site of 1.143 acres (0.462 hectares). It is a ‘statement’ building in the local area with an impressive thatched roof creating a farmhouse style pub. It is exceptional in both its scale and configuration.
The ground floor trading area is extensive with space to accommodate over 200 covers with further standing at a long bar servery. It features a large, modern trade
kitchen and wide ranging back of house areas including walk-in cold stores, beer cellar, staff amenity space and chef’s office. There is also Ladies’, Gentlemen’s and accessible toilets.
The first floor is also extensive with a function/trading area with space to accommodate approximately 120 covers. Other features include a lift from the ground floor, a function room kitchen, further Ladies and Gentlemen’s WCs and two self-contained areas of living
accommodation for staff with separate access.
The outside of the property provides space for over 70 vehicles in a tarmacadam car park as well as a large beer garden with space for over 100 customers.
The gross internal floor area of the property is approximately 12,281sqft (1,141sqm).
Tenure
The property is held on the balance of a 999 year lease from June 1995 at a peppercorn rent.
We are inviting offers in excess of £1.5m for the long leasehold interest inclusive of the remaining trade related fixtures and fittings but otherwise with vacant possession.
Please note an overage provision may also apply.
Planning & Conservation
The building is not listed and not situated in a conservation area.
The Business
The business was previously run under a tenancy agreement. The pub is currently not trading.
Licensing
The property has been granted a Premises Licence in accordance with the Licensing Act 2003. Trade and service of alcohol is permitted 24 hours a day, 7 days a week.
Rating
The property is entered in the 2023 Rating list with arateable value of £26,300.
Fixtures and Fittings
The pub remains largely fully fitted and equipped. We understand that all fixtures and fittings owned outright are to be included in the disposal.
Energy Performance Certificate
B-46
Viewing
Formal viewings can be made strictly by appointment with Savills.
Anti Money Laundering Regulations
Regulations require Savills to conduct various checks on purchasers. Further details are available upon request.
B (46)