Rifle Volunteer141 Reading Road, Wokingham, RG41 1HD

Description
The property comprises the ground, basement and first floor of a two storey detached building with brick elevations beneath a pitched and hipped roof.

Accommodation
Ground Floor: The ground floor provides an open plan trading area with central bar servery and seating on loose tables and chairs for 40 customers. Ancillary areas comprise customers WC's, trade kitchen and a small store.

Basement: Cellar and stores.

First Floor: The first provides the managers accommodation which comprises four bedrooms, bathroom, WC, living room and kitchen.

Externally: There is a covered area to the front for 50 customers and additional seating in the beer garden to the rear for 50 customers. Car parking to the rear for 15 vehicles.

Tenure
The property is held freehold (Title Number BK327632).

Tenancy
The entire property is let to two private individuals on a 20 year lease from 1st November 2012 at a current rent of £47,200 per annum which is subject to five yearly open market reviews.

Planning
The property is not listed or situated within a 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 the purchasing entity is VAT registered.

EPC
D-82

Terms
We are instructed to invite offers in excess of £640,000 (7.0% NIY) assuming the usual purchasers costs.

Fixtures and Fittings
The fixtures and fittings are currently owned by the occupational tenant.

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