FOR SALE PUBLIC HOUSE
Description
The property was purpose built as a pub by our client around 25 years ago on a site of 1.143 acres (0.462 hectares). It is a ‘statement’ building in the local area with an impressive thatched roof creating a farmhouse style pub. It is exceptional in both its scale and configuration.
The ground floor trading area is extensive with space to accommodate over 200 covers with further standing at a long bar servery. It features a large, modern trade
kitchen and wide ranging back of house areas including walk-in cold stores, beer cellar, staff amenity space and chef’s office. There is also Ladies’, Gentlemen’s and accessible toilets.
The first floor is also extensive with a function/trading area with space to accommodate approximately 120 covers. Other features include a lift from the ground floor, a function room kitchen, further Ladies and Gentlemen’s WCs and two self-contained areas of living
accommodation for staff with separate access.
The outside of the property provides space for over 70 vehicles in a tarmacadam car park as well as a large beer garden with space for over 100 customers.
The gross internal floor area of the property is approximately 12,281sqft (1,141sqm).
Tenure
The property is held on the balance of a 999 year lease from June 1995 at a peppercorn rent.
We are inviting offers in excess of £1.5m for the long leasehold interest inclusive of the remaining trade related fixtures and fittings but otherwise with vacant possession.
Please note an overage provision may also apply.
Planning & Conservation
The building is not listed and not situated in a conservation area.
The Business
The business was previously run under a tenancy agreement. The pub is currently not trading.
Licensing
The property has been granted a Premises Licence in accordance with the Licensing Act 2003. Trade and service of alcohol is permitted 24 hours a day, 7 days a week.
Rating
The property is entered in the 2023 Rating list with arateable value of £26,300.
Fixtures and Fittings
The pub remains largely fully fitted and equipped. We understand that all fixtures and fittings owned outright are to be included in the disposal.
Energy Performance Certificate
B-45
Viewing
Formal viewings can be made strictly by appointment with Savills.
Anti Money Laundering Regulations
Regulations require Savills to conduct various checks on purchasers. Further details are available upon request.
EPC Rating is B (45)