Commercial Property - Leisure and Specialist - Detached village pub with living accommodation, carpark and beer garden
The village of Cold Ashby is located approximately 16 miles west of Kettering via the A14 and 12 miles from Rugby to the west and Northampton to the south approximately 16 miles away, within the Daventry district of Northamptonshire
Property comprises a detached public house constructed in brick under pitched tiled roof. The property benefits from main bar, basement cellar which includes barrel drop, snug with access to male or female WC as well as trade garden.
The first floor living accommodation includes three double bedrooms, lounge, kitchen, bathroom and roof terrace and has been renovated to a good standard.
Externally the property has a tarmacadam car park with space for six vehicles plus trade garden with seating potential for 30, an oil tank, patio, barbecue area log shed, metal storage building, smoking shelter and bin store.
Ground floor - 1,000 sq. ft
First floor living accomodation - 1,000 sq. ft
| Rateable Value: | £TBC |
| Rates Payable 2023/24: | £TBC |
(Excludes Small Business Rates Relief which may apply)
The Rates Payable figure is an estimate. It does not take into account any Transitional Arrangements. It is important that interested parties verify this information with the relevant Borough Council Rating Department.
To lease: £15,000 per annum (plus VAT if applicable). Based on a full repairing and insuring lease for a term of 25 years and subject to a premium payment of £15,000 (plus VAT if applicable). The lease will contain 3 yearly upward only rent reviews to “Market Rent” or the RPI increase over the intervening period (whichever is the higher). Other terms including the size of rent-deposit required will depend on the applicant. The owner will give consideration to tenant break clauses during the term of the lease and also the possibility of an option to purchase.
NOTE: Asset of community value - By virtue of a listing on the 12th of February 2021 on behalf of a local community group. Prospective purchasers or tenants should look into the implications of the Listing when considering the property
All figures quoted are exclusive of any VAT that the vendor may have a duty or choose to impose.
Each party shall bear their own legal costs involved in the transaction.
Strictly by appointment through the Sole Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657
