To let public house at a guide rent of £25,000 per annum.
Location
The property is located on the corner of Pincott Road and High Path in the middle of the High Path Estate. The High Path Estate is undergoing a comprehensive phased regeneration to create a sustainable, vibrant, mixed-use, mixed-tenure community. Phase 1 of the proposal includes up to 1,700 new homes and 10,000 sq m of commercial retail, office and community uses. A new school has been built directly opposite and 134 new dwellings on the adjacent site of the Old Lampworks are currently under construction. South Wimbledon underground station is 0.2 miles distant from the property and provides excellent transport links to central London via the Northern Line service.
Description
Opportunity to further develop function trade in a desirable location. The pub is a two-storey end of terrace building underneath various pitched tiled roofs. There is a small garden to the rear which benefits from separate access from High Path. The property is close to a new recreational, green space created as part of the surrounding regeneration work. The property comprises of a ground floor, first floor and a basement. The property sits on a plot size of 0.048 of an acre and has a Gross Internal Area of approximately 1,300 sq ft. The property has potential for redevelopment to provide alternative uses subject to obtaining the necessary permissions.
Licensing
The property currently possesses a Premises Licence.
Terms
The premises are available by way of a new lease at a rent and terms to be agreed.
Services
We are verbally advised that all mains services are connected to the property.
EPC
An EPC has been requested.
Rateable Value
The current Rateable Value is assessed at £8,750.
VAT
VAT may be applicable at the usual rate.
Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all purchasers. Prospective purchasers will need to provide proof of identity and residence.
Name | sq ft | sq m | Availability |
---|---|---|---|
Ground - GIA | 1,300 | 120.77 | Available |