Easy To Run Somerset Freehouse On Main Road Near Dorset Border For Sale

Property Information

Property:

Available as freehold and leasehold

Lease Terms:

LEASEHOLD - Nil Premium
TERM - Seven years
LANDLORD & TENANT ACT 1954 - Inside Part II Landlord & Tenant Act 1954
ASSIGNABILITY - Fully assignable subject to Landlord’s consent
BOND - A bond equivalent to 3 months’ rent in advance
RENT - £20,000 per annum, paid monthly in advance
RENT REVIEW - Subject to rent reviews every third year of the term at Open Market Rent
REPAIR LIABILITY - Part repairing and insuring lease agreement. 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 retained by the Landlord. The Tenant will be responsible for their repair, maintenance and replacement (when beyond repair on a like for like basis)
TIE - Free of all trade ties
INSURANCE - The Landlord will insure the building and the contents of the inventory, the cost of which will be charged to the Tenant by way of an Insurance Rent
VAT - VAT will be payable on the rental payments

Leasehold Rent:

£20,000 per annum

Location:

The White Horse is situated on the A357 in the hamlet of South Cheriton in the Horsington Marsh region of the Blackmore Vale near the Somerset/Dorset border.

The hamlet of South Cheriton is approximately 3 miles south of Wincanton and 7 miles north-east of the highly desirable town of Sherborne. South Cheriton is situated less than 3 miles from the A303, a major trunk road which provides fast road communications between London and the west country. The neighbouring village of Templecombe has a train station which is on the South-West mainline between London Waterloo and Exeter.

The White Horse occupies a two-storey public house under a pitched tiled roof. The premises occupies a roadside position.

Premises Details:

TRADE AREAS
- MAIN BAR
- SNUG
- LOUNGE AREA
- SKITTLE ALLEY/FUNCTION ROOM
- GENTLEMEN’S TOILETS
- 2 LADIES TOILETS
- CATERING KITCHEN
- ON LEVEL CELLAR

OWNERS ACCOMMODATION
Located at first floor comprising TWO DOUBLE BEDROOMS (one with EN-SUITE BATHROOM), SINGLE BEDROOM with EN-SUITE SHOWER ROOM, domestic KITCHEN DINER and LOUNGE.

EXTERNAL
TRADE PATIO to seat circa 50 with steps leading to lawned GARDEN which can seat a further 40. LARGE PRIVATE OWNERS GARDEN. CAR PARK for circa 20 vehicles.

Other Information

Leasehold asking price:

On request