Investment opportunity. Freehold public house situated within the centre of Long Stratton.

Investment opportunity for an established public house with large living accommodation above. Currently tenanted on a five year contract expiring in August 2021 providing £20,800pa with further revenues linked to the public house providing approximately £8,500pa to be confirmed. The tenants of the public house have expressed their wish to renew their lease. The pub has two bars, dining area, washrooms, commercial kitchen and personal kitchen, whilst on the first floor there is a sitting room, office/fourth bedroom, three further bedrooms and shower room. This character property is located on the main A140 twixt Ipswich and Norwich. Long Stratton is a thriving, expanding village and is supported by the local community. The public house has recently opened its doors, since the Covid 19 restrictions have eased and has adapted during the challenging times. To the rear of the property there is a enclosed decking with tables and chairs and a large car park providing parking. The inventory for the public house will be available by separate negotiation with the tenant.

Tenure

Freehold

Ground floor

Lounge bar, dining room, snug bar, rear entrance, washrooms, cellar, kitchen, commercial kitchen.

First floor

Landing, sitting room, office/fourth bedroom, shower room, three further bedrooms

Outside

Private courtyard, enclosed decking providing outside seating, generous car park, bin store.

Energy Efficiency Rating (EPC)

Current Rating E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

South Norfolk Council. Tel: 01508 533701

Solicitors

Hayward Moon, 87 Whiting Street, Bury St Edmunds, IP33 1PD, Ref: Nicholas Moon, Tel: 01284 727290

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1140 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.