Prominent freehold available with vacant possession
Description
The Royal Albion is a two storey detached property of brick construction with part rendered and painted elevations beneath a pitched roof with valley. There is single storey extensions to the side and rear.
The ground floor trading area is styled traditionally throughout and comprises; open plan bar and restaurant area for c.53 covers with an additional 8 covers at the main bar.
Ancillary trade areas include customer W/C’s including disabled, good sized catering kitchen and a basement which includes a cooled beer cellarage.
The private accommodation is situated on the first floor and comprises; 3 /4 double bedrooms, office, kitchen, utility room and a family bathroom.
Externally there is a good-sized beer garden to the side and rear of the property for circa 60 covers. The property benefits from a large car park for 26 vehicles including two disabled.
Tenure
The property is held freehold (Title Number BK386893) and is to be sold with vacant possession.
Rateable Value
The property has a current rateable value of £27,900.
EPC
The property current has an EPC rating of 86-D.
Planning
The property is not listed is not situated within a Conservation Area.
All other queries relating to planning should be directed to the planning department of Reading Borough Council https://www.reading.gov.uk/
Trading
The premises are open for trading.
Terms
Guide price: £650,000 + VAT.
Services
We are verbally advised that all mains services are connected to the property.
Fixtures and Fittings
The sale of the property may include trade fixtures and fittings which are in the absolute ownership of the Seller and in situ on completion. Any branded or leased items and any items owned by third parties will be excluded.
Premises Licence
The property has been granted a Premises Licence in accordance with the Licensing Act 2003. We understand that the premises is permitted to sell alcohol under the following hours:
• Monday to Thursday: 11:00 – 24:00
• Friday and Saturday: 11:00 – 00:30
• Sunday: 11:00 – 24:00
Viewings
The property is currently open and trading and all viewings must be arranged through the sole selling agents Savills.
VAT
VAT may be applicable on the sale of this property.
Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all purchasers. Prospective purchasers will need to provide proof of identity and residence.
D (86)
Name | sq ft | sq m |
---|---|---|
Unit | 16,117.20 | 1,497.34 |