Saxon Arms20 The Square, Stratton, Dorchester, DT2 9WG

Description
The property comprises the ground and first floor of a two storey detached building with stone/flint elevations beneath a pitched thatched roof.

Accommodation
Ground Floor: The ground floor provides an open plan trading area with central bar servery and seating for 90 customers. Ancillary areas include customer WC's, trade kitchen, cellar and stores to the rear.

First Floor: The first floor comprises an office, en-suite staff bedroom and separate staff flat with 2 double bedrooms (one en-suite), lounge, kitchen and bathroom.

Externally: There is a terrace to the front for 80 customers with parking for 9 vehicles to the front/side.

Tenure
The property is held freehold (Title Number DT325348).

Tenancy
The entire property is let to Harbar Limited on a 20 year lease from 15th February 2018 at a current rent of £88,000 per annum which is subject to five yearly open market reviews and annual capped RPI increases at 3% per annum in February 2025 and February 2026, annual RPI increases are uncapped thereafter (except in the open market review year). A rent deposit of £21,032 is held by the landlord.

Planning
The property is not listed or situated within a 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
D-84

Terms
We are instructed to invite offers in excess of £1,200,000 (6.9% 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.