Leasehold Public House In Prime Town Centre Location
Description
The property comprises the basement, ground and first floor of a larger three storey building with exposed brick and painted rendered elevations beneath a flat roof. Externally there is a small terrace at the rear of the first floor. The second floor comprises residential apartments which do not form part of the demise and we understand that these are vacant.
The ground floor comprises an open plan trading area with central bar servery, glasswash area and disabled WC. The basement comprises ancillary accommodation including the trade kitchen, office, stores, staff room, cellar and customer WC’s. The first floor comprises further open plan trading accommodation with a second bar servery at this level in addition to customer WC’s.
Tenure
Held on a lease expiring 23rd June 2039 at a current rent of £63,559 per annum subject to fixed 7.5% rent reviews on 24th June 2024 and five yearly thereafter. There is a tenant break option dated 24th June 2024. Approximately £4,000 per annum is paid as service charge.
Rateable Value & EPC
2023 Rateable Value - £49,000
EPC: D-87
Premises Licence
The property benefits from a premises licence permitting the sale of alcohol until 3am Monday to Sunday.
Trading Information
Historic trading information may be made available to interested parties upon written request.
Photography
Please note that the photography included within this brochure is historic and was taken whilst the premises were still trading. Please also be aware that the signage and decked terrace area to the front elevation has been removed.
Fixtures and Fittings & Stock
Fixtures and fittings with the exception of all tills, IT equipment, leased and branded items, bar fridges and kitchen & cellar equipment can be included as part of the sale should they be required.
Viewings & Terms
The premises is currently closed and no formal viewings will be permitted unless arranged prior through the joint letting agents Savills and CBRE.
Rental offers are invited for a new lease (subject to the landlords consent).
To see further available JD Wetherspoon public houses across the UK please visit:
www.jdwdisposals.co.uk
EPC Rating is D (87)
Name | sq ft | sq m | Availability |
---|---|---|---|
Ground | 2,788 | 259.01 | Available |
Lower Ground | 2,530 | 235.04 | Available |
1st | 2,045 | 189.99 | Available |