Stone fronted two-storey detached freehouse and restaurant
Main bar (32), restaurant (30), games room & snug (16)
Detached garden/function room (28) & trade garden (24)
Commercial kitchen & two room ground floor cellar
Four double bedroom high specification private accommodation
Children's play area & car park (18)
- Freehold Price:
- £350,000
- Leasehold:
- £30,000
- Turnover:
- Not applicable
- Net Profit:
- Not applicable
Property Information
- Property:
-
Available as freehold and leasehold
- Leasehold Type:
- New
- Lease Terms:
-
The Landlord will consider the creation of a new lease agreement on the following terms:
Term: New 7 year lease.
Landlord & tenant act 1954: Inside Part II Landlord & Tenant Act 1954
Assignability: Assignable with landlords consent
Rent: Annual rent £30,000, paid monthly in advance
Rent review: No reviews
Repair liability: Full repairing and insuring lease agreement
Tie: Free of all trade ties
Insurance: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent
Deposit: Equivalent to three months rent
Landlord inspections: Quarterly basis
- Leasehold Rent:
-
£30,000 per annum
- Location:
-
The property is situated in the quaint Lincolnshire village of Digby which is approximately 13.6 miles (26.2 km) south of Lincoln, 35.9 miles (57.7 km) west of the coastal seaside resort town of Skegness and 6.7 miles (10.7 km), just north of the market town of Sleaford. The A1 Motorway can also be found 20.4 miles (32.8 km) west.
Other Information
- Leasehold asking price:
- £30,000