Fisherman's Arms, 40 Lower Stone StreetME15 6NA

Description
The property comprises a semi-detached property arranged over three levels. The building is constructed of rendered brick, with a clay tiled roof and single glazed fenestration (part sash).
Externally there is a trade garden at the rear.

Accommodation
Internally the pub is traditional and cosy in style with exposed beams and wood panelling. The bar is positioned to the left of the entrance with seating to the front, side and rear.

Planning
The property is Grade II Listed.
The property does not lie within a conservation area.
The property currently holds A4 ’Sui Generis’ planning use class consent.
The Local Authority for the property is Maidstone Borough Council.

Tenure
Freehold

Tenancy
Commencement of Lease: 18th March 2016
Inside the L&T Act 1954 II: Yes
Current rent per annum: £20,000
Annual RPI Increase: No
Stepped Increases: No
Next Rent Review: 18th March 2021
Rent Review: Market Rent
Lease Expires: 17th March 2026

Covenant
The property is let to a private individual.

Rateable Value
£9,350

Energy Performance Certificate
D-89

Price
£235,000, representing a Net Initial Yield of 8.30%.

Viewing
All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants/staff. For further information and all viewing requests please contact the sole selling agents Savills.