£15,000

Pub/bar for sale

  1. Property photo 1 of 1.
Just added

£15,000

(£1.00/sq. ft)

Pub/bar for sale

Newcastle SY7

1 sq. ft

Local area information

Property location

Nearby amenities

  • Newcastle CofE Primary School 0 miles
  • St George's CofE Academy, Clun 3.4 miles
  • Knucklas 5.2 miles
  • Llangynllo 6.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Trade areas
ground floor


Small front entrance hall with exposed stone wall and slate floor. From entrance hall, to the right, public bar (6m x 6m) with exposed beamed ceiling and partly exposed stone walls. Quarry tiled floor. Double-sided wood stove set to see through fireplace to next room. Seating for 12. L shaped panel front interconnecting servery with mirror back fixture. Wash up area with single drainer, stainless steel sink. Part tiled walls and quarry tiled floor.

Games/dining lounge room (9m x 7m) off public bar. With laminate wood floor and exposed stone dividing wall to double-sided wood stove. Small rear entrance hall.

From front entrance hall, left hand saloon bar/restaurant in two sections, 10m x 5m, with tiled slate floor. Heavily exposed low beamed ceiling and beamed room divider. Seating for 30 plus. Slow combustion stove set to stone surround fireplace. Cleaners' cupboard.

Breakfast room and new wide-access rear hallway.

Newly constructed on-level dining room/function room.

Ladies and gentlemen toilets and separate accessible toilet, all to be finished to a high standard.

To the rear of the restaurant is a dispense area with fitting shelving leading to catering kitchen (6m x 4m) with twin deep bowl commercial stainless steel single drainer ;wash up; and extensive stainless steel catering equipment. Five section stainless steel framed extraction unit. Altro nonslip flooring.

First floor:
Approached by a turning staircase from a lobby by the lounge bar. Landing with 'built' in store cupboard. Additional 'Walk in' store cupboard.

Bedroom 1 (front): King with en suite shower room having shower, WC and pedestal wash basin.
Bedroom 2 (front): King with en suite shower room having shower, WC and pedestal wash basin.
Bedroom 3 (front): Twin (or super king) with en suite shower room having shower, WC, pedestal wash basin and bathtub.

Private tenant access to inner landing leading to tenant's accommodation. Access off hallway to a boiler room.

Bedroom 4 (rear): Double with en suite shower.
Bedroom 5 (rear): Small double with en suite shower room.

Underground cellar in one compartment with stainless steel 'wash up' and sump pump. Barrel rolling way from rear hall.
External

Gravelled car park for about 8 cars. Landscaped beer garden.

These premises are to be let on a three year partial repairing, free of tie furnished tenancy to include the benefit of extensive, mostly new fixtures and fittings. The prospective tenants will be required to purchase the loose catering effects, stock in trade and bar glassware.

The proposed Heads of Lease, which may be subject to further negotiation are as follows:

Leasehold: Cash capital required: £15,000 to cover a security deposit of £10,000, rent in advance and working capital.

Term: Three years.

Landlord & tenant act 1954: Outside Part II Landlord & Tenant Act 1954.

Bond: £10,000.00

rent: Year one: £15,000
Year two: £18,000
Year three: £20,000
Rent to be paid quarterly in advance on the first day of each month.

Repair liability: This is not a full repairing and insuring lease with the freeholder retaining responsibility for the structure of the building. The lessee will be responsible for internal maintenance, repair and decoration as well as the decorative condition of the exterior of the property.

Fixtures & fittings: Will be supplied and retained by the Landlords. The Tenant will be responsible for their repair, maintenance and replacement (when beyond repair).

Tie: Free of all trade ties.

Insurance: The Landlords will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent

VAT: VAT will not be payable on the Premium and rental payments.

Costs: The selected Tenant will be required to pay on completion an administration fee of £1,000 + VAT.

No approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Sidney Phillips. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Sidney Phillips for full details and further information.

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