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
Main bar including pool table carpeted flooring central heating boiler open brick feature fireplace dartboard television wall lights ceiling lights ceiling fan and wooden main bar surgery. Basement cellar which includes barrel drop python system and cooler. Snug with seating for 18, wooden flooring television and extension of the bar servery which is to be adapted and open brick feature fireplace and access to male or female WC as well as trade garden. New kitchen is presently under construction
The first floor living accommodation includes three double bedrooms lounge kitchen bathroom and balcony 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 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.
Freehold Sale with vacant Possession: Offers are to be invited in excess of £350,000 plus VAT (We are informed that VAT is applicable to 90% of the selling price for qualifying community organisations during 1st moratorium period).
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 £50,000 (plus VAT if applicable) for fixtures and fittings, good will and contribution towards property renovation. 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.
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
