Description
The property comprises the ground, basement and first floor of a mid terraced building with painted brick and stone elevations beneath a pitched and hipped roof.

Ground Floor: The ground floor provides an open plan trading area with single bar servery and seating for 70 customers. A room to the rear has been converted into an additional trading space which can also be used as a function room.

Ancillary areas include a trade kitchen and customer WC’s.

Basement: Beer cellar and stores.

First Floor: The first floor comprises ancillary storage and staff WC’s.

Externally: There is an enclosed customer area with separate external bar to the rear with seating on loose tables and chairs for 120 customers.

Tenure
The property is held freehold (Title Number DY224630).

Tenancy
The entire property is let to BCB Chesterfield Ltd on a 15 year lease from 20 January 2015 at a current rent of £30,000 per annum which is subject to five yearly rent reviews with an outstanding January 2020 review.

Planning
The property is not listed and is situated within Chesterfield Town Centre Conservation Area.

VAT
It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis that the purchasing entity is VAT registered.

EPC
E-110

Terms
We are instructed to invite offers in excess of £375,000 (7.69% NIY) assuming the usual purchasers costs.

Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all purchasers. Prospective purchasers will need to provide proof of identity and residence.

Viewings & Contacts
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.