Winchester Grade II Listed Public House To Let
Description
The Rising Sun occupies a 0.078 acre (0.032 ha) site of rectangular shape. The property is a attractive and historic traditional, part 16th Century two storey terraced brick built public house with hung tile sections and exposed beams. The fenestration is single crittall glazed, with a multi pitched roof of both slate and clay tiles. There is a cellar at basement level with delivery access to the front.
Internally the pub has a number of interconnecting rooms. The first floor comprises 4 bedrooms, bathroom and WC. There is also a two bedroom apartment (not inspected). Externally there is no car parking with the property but a small enclosed terrace at the rear. Beyond this is an electricity substation which falls outside of the ownership but abuts the rear boundary.
Floor Area
The following are approximate Gross Internal Areas:
331 square metres (3,563 sq. ft)
Rental Guide
We are seeking rental offers in the order of £35,000 per annum for a new free of tie lease (term to be agreed).
VAT
VAT is applicable at the prevailing rate.
Licensing
A premises licence prevails, the main licensable activities being:-
Sale by retail of alcohol for consumption on and off the premises:
Monday - Thursday 11:00 am - Midnight
Friday & Saturday 11:00 am - 01:00 am
Sunday 11:00 am - 11:30 pm
Planning & Conservation
The property is Grade II Listed and is located within a Conservation area. The Local Authority is Winchester City Council.
Business Rating
The subject property is entered in the 2023 Central Rating List with a Rateable Value of £9,800. Please check with the VOA for the most up to date information on all rating matters.
Energy Performance Certificate
The property has an EPC Rating of D-92 (To be reassessed).
Tenure
The property is available to let on a new 20 year FOT lease, subject to index linked 5 yearly upward only reviews with 2.5% & 5% collar and cap.
Viewing
Formal viewings can be made strictly by appointment with Savills.
Letting Conditions
The ingoing tenant will be required to lodge a 6 month rent deposit which will be held in escrow. The tenant will also be required to pay £1,500 contribution to the landlords legal fees.
Anti Money Laundering Regulations
Regulations require Savills to conduct various checks on purchasers and tenants. Further details are available upon request.
D (92)