Prominent roadside public house available for sale freehold/may let with vacant possession
Description
The Royal Oak is an attractive Grade II listed detached property of brick construction with rendered pebble dash elevations. The property is arranged over basement, ground and first floors. The ground floor trading area is styled traditionally throughout and comprises an open plan bar/restaurant area for approximately 65 covers. Ancillary area comprises a good sized commercial kitchen, customer W/C's, basement cellar with associated stores. The first floor comprises four double bedrooms, family bathroom, office and kitchen.
Externally, the property benefits from a good sized rear trade garden for approximately 70 covers and benefits from a smoking solution to the side. There is customer car parking to the front of the property for 9 vehicles. The property benefits from separate access to the side off The Street and provides additional car parking for 4 vehicles.
The property sits on a plot size of approximately 0.6 of an acre and has a Gross Internal Area of approximately 3,100 square feet.
Tenure
The pub is being sold freehold with vacant possession. Alternatively, a letting arrangement for operation as a public house may be considered subject to negotiation of terms such as type of agreement, rent and drink supply.
Rateable Value
2023 Rateable Value - £28,000.
EPC
The property has an EPC rating of C-68. A copy of the EPC is available upon request.
Planning
The property is Grade II Listed and is situated within Wrecclesham Conservation Area. All planning enquiries should be directed to Waverley Borough Council.
Trading
The premises are currently open for trading.
Guide Price
Guide Price: £595,000+VAT. Leasehold proposals will be considered.
Services
We are verbally advised that all mains services are connected to the property.
Fixture and Fittings
The sale of the property will not 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.
VAT
VAT will be applicable.
Premises Licence
The property has the benefit of a Premises Licence in accordance with the Licensing Act 2003. The premises are permitted to sell alcohol at the following times:
Monday to Thursday - 10:00-00:00
Friday and Saturday - 10:00-01:00
Sunday - 12:00 to 23:00
Viewings
All viewings must be made by prior appointment via the sole agents Savills.
Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all purchasers/tenants. Prospective purchasers/tenants will need to provide proof of identity and residence.
C (68)