Emsworth Freehouse With Restaurant And Four Letting Rooms For Sale

Business description

LEASEHOLD FREEHOUSE WITH RESTAURANT & 4 LETTING RMS, OVERLOOKING GREEN IN AFFLUENT VILLAGE WITH MAIN LINE RAILWAY STATION, BETWEEN EMSWORTH & HORNDEAN, HANTS. 18th Century Coaching Inn. Character bar, 2-section 40-cover restaurant with catering kitchen (sub-let as an Indian Restaurant for £375 p.w. + bar sales). 4 dble en suite letting bedrms & 3 dble bed owners/managers accomm (currently let @ £500 p.c.m.) Gas C.H. Trade gdn & car park. Same hands 12 yrs. T/O £3,500/£4,000 p.w. (bar). GP 55% & £500/£800 p.w. B&B, plus rental income. NB Indian restaurant’s takings £3,500/£4,000 p.w. and pub closed 4 lunchtimes p.w. SCOPE. 20 yr lease from Dec. 1999 @ £30,000 p.a.x. (not verified) - £90,000 + S.A.V. (Ref. F.3351)

Property information

Property:

Leasehold

Lease terms:

20 yr lease from Dec. 1999 @ £30,000 p.a.x. (not verified)

Leasehold rent:

£30,000 per annum

Living accommodation:

4 dble en suite letting bedrms & 3 dble bed owners/managers accomm (currently let @ £500 p.c.m.) Gas C.H

Location:

Between Emsworth and Horndean