Rising Sun64-68 High Street, Hornchurch, RM12 4UW

Description
The property comprises a three storey mid-terraced building with painted and rendered brick elevations beneath a multi pitched tile roof. To the front elevation is a beer garden providing seating for approximately 38 covers.

The site extends to approximately 0.19 acres (0.07 hectares).

Guide Price
Offers in the region of £975,000 for the benefit of our client's freehold interest with vacant possession.

Alternatively, a new free of tie lease is available for a term to be negotiated with a guide rent of £80,000 per annum.

Rateable Value
2023 Rateable Value - £49,800.

Planning
The subject property is not listed nor in a conservation area.

Tenure
Freehold or leasehold.

The two car parking spaces and bin store to the rear of the property are held by way of two licences expiring 4th August 2036 at a combined current rent of £5,200 per annum which is subject to fixed increases. Further details are available upon request.

Licenses
The property has been granted a Premises Licence in accordance with the Licensing Act 2003. We understand that the premises is permitted to sell alcohol under the following hours:

Ground Floor Pub:
Monday to Wednesday – 10:00 to 23:00
Thursday to Sunday – 10:00 to 01:00

First Floor Nightclub:
Monday to Wednesday – 10:00 to 23:00
Thursday - 10:00 to 01:00
Friday and Saturday – 10:00 to 03:00

The extension to the rear and part of the function room to the left are not included within the licensable area.

Fixtures and Fittings
Fixtures and Fittings may be included within the sale by way of separate negotiation.

Energy Performance Certificate
D-88.

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

Viewings
For further information and all viewing requests please contact the sole selling agents Savills.