Amble Inn, 182 Station Road, Harpenden, AL5 4UL | Property for sale | Savills
1,936 sq ft(179.86 sq m)
Excess of £715,000(RM4,053,204)

Amble Inn182 Station Road, Harpenden, AL5 4UL

  • Under offer
  • Freehold

Key features

  • Entire property let to Dhesi Pubs Limited
  • Property arranged over two levels extending to 1,936 Sq Ft (180 Sq M)
  • Current rent of £53,550 per annum
  • We are instructed to invite offers in excess of £715,000 (7.10% NIY)
  • Lease expires November 2042
  • The rent is subject to five yearly open market rent reviews and annual RPI increases with a collar of 2% and cap of 5% (except in the open market review year)
  • Business unaffected by sale

Freehold public house investment for sale let until November 2042 at a rent of £53,550 per annum

About this property

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

    Tenure
    The property is held freehold (Title Number HD399917).

    Tenancy
    The entire property is let to Dhesi Pubs Limited on a 20 year lease from 25 November 2022 at a current rent of £53,550 per annum which is subject to five yearly open market reviews and annual RPI increases with a collar of 2% and cap of 5% (except in the open market review year). A rent deposit of £13,334 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
    C - 73

    Terms
    We are instructed to invite offers in excess of £715,000 (7.10% 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 market town of Harpenden in the county of Hertfordshire, 5.8 miles (9.3 kilometres) south east of Luton and 30.0 miles (48.3 kilometres) north west of London.
  • The Amble Inn is situated fronting Station Road in a residential area which is a short distance east from Harpenden train station and the town centre with operators including Waitrose, Gails and Lussmanns.

Available space

Namesq ftsq mAvailability
Ground - Ground1,339124.40Available
1st - First59755.46Available