Shropshire Character Village Pub With Three Letting Bedrooms For Sale

Property Information

Property:

Available as freehold and leasehold

Leasehold Type:

New

Lease Terms:

INGOING: £25,000 plus VAT to include fixtures and fittings.
TERM: Six years
LANDLORD & TENANT ACT 1954: Inside Part II of the Landlord & Tenant Act 1954
ASSIGNABILITY: Fully assignable subject to Landlord’s consent
DEPOSIT: Equivalent to three months' rent.
RENT: £20,000 plus VAT per annum, paid monthly in advance
RENT REVIEW: Subject to rent reviews every third year of the term
REPAIR LIABILITY: Part repairing and insuring lease agreement. This is not a full repairing and insuring lease with the Landlord retaining responsibility for the structure of the building. The Tenant will be responsible for internal maintenance, repair and decoration as well as the decorative condition of the exterior of the property.
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
VAT: VAT will be payable on the Premium and rental payments.

Leasehold Rent:

£20,000 per annum

Living Accommodation:

OWNERS' ACCOMMODATION
KITCHEN with modern fitted units. TWO DOUBLE SIZE BEDROOMS. Large LOUNGE with access onto a flat roof GARDEN. BATHROOM with suite of wash hand basin, WC, bath and shower.

LETTING ACCOMMODATION
The letting accommodation comprises three bedrooms:
BEDROOM ONE: single with EN SUITE SHOWER ROOM.
BEDROOM TWO: double with EN SUITE SHOWER ROOM.
BEDROOM THREE: twin with EN SUITE SHOWER ROOM.

Location:

The White Horse is a very traditional village inn dating back to the 15th century and being a Grade II listed property. It has an abundance of character and charm throughout with heavily beamed ceilings and walls, boarded floors and fireplaces.

The village is located in the beautiful countryside in the Shropshire Hills, an area of outstanding natural beauty just south of Shrewsbury towards the Long Mynd and Stiperstones, which provide excellent cycling and walking country.

The Inn offers an excellent starting point for walkers, horse riders, mountain bikers and others partaking in countryside pursuits. Along with this, it is just 15 minutes from Shrewsbury town centre and only 11 miles from Bishops Castle.

Other Information

Leasehold asking price:

£25,000 - Furniture / Fixtures included