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Well Appointed Village Pub In Ellerdine For Sale

Ellerdine, Shropshire, UK
Asking Price:
£1
Turnover:
Not applicable
Net Profit:
Not applicable

Traditional village pub
Character cottage style property
Outstanding outside areas
Public bar and dining room
Private accommodation
New free-of-tie lease available

Property Information

Property:

Leasehold

Leasehold Type:
New
Lease Terms:

LEASEHOLD - NIL PREMIUM Stock at valuation in addition. 

The Royal Oak is to be let on a new 10 year full repairing lease. The lease will be excluded from the security provisions of the Landlord & Tenant Act 1954. The rent will be £36,000 per annum exclusive of VAT paid monthly in advance. An incoming party will be required to provide a rental deposit to the Landlord of £6,000 in advance. The lease will be free of all trade ties.

Leasehold Rent:

£36,000 per annum

Living Accommodation:

Located at first floor comprising: 2 BEDROOMS, LOUNGE and BATHROOM.

Location:

The Royal Oak is a well-established traditional village style pub located within the village of Ellerdine Heath. The property itself is of cottage style and appears to be constructed mainly of stone and brick with render and colour washed elevations under a pitched tiled roof. It offers ground floor trading areas with catering kitchen and flat above. One of the main features of the property are the large grounds comprising beer patio, trade garden, car park and large paddock.

The business is available on a new free-of-tie lease, the terms of which are outlined later in this brochure.

The small hamlet of Ellerdine Heath is approximately 7 miles north-east of Shrewsbury and 6 miles north-west of Telford. It resides within the beautiful Shropshire countryside and enjoys good road communication links being near to the A53 and A442. It also enjoys the nearby amenities of Shrewsbury and Telford being the two biggest settlements in Shropshire.

Energy Performance Rating:
E