For Sale By Auction | 12.00, 12 February 2020

The Granary, 5 Market Street, Long Sutton, Spalding, Lincolnshire, PE12 9DD

*Guide | £375,000+ (plus fees)

  • Pub
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Wed 12/02/2020

Auction Time

12.00

Auction Venue

London Marriott Hotel Regents Park, 128 King Henry’s Road, London, NW3 3ST

A Freehold Public House Subject to an FRI Lease Producing £52,000 per annum

The property comprises a freehold public house arranged over ground, first and second floors.

Tenure

Freehold

Location

The property is situated on a mixed use road among local shops and amenities. Nearby multiples include Coop food store, TSB bank, Boots pharmacy and numerous other local traders. Transport links are provided by the A17.

Accommodation

Ground Floor Main Bar Area Mezzanine Seating Area Commercial Kitchen Male & Female WC and wash basins Double Letting Room with En-Suite and Kitchenette Area First Floor Three Bedrooms with En-Suite Second Floor Two Bedrooms with En-Suite Lower Ground Floor Cellar with Barrel Shoot

Exterior

The property benefits from a patio area to the rear with seating for 24 people.

Tenancy

The property is subject to an FRI lease for a term of 10 years commencing 23rd April 2019 at a rent of £1,000 per week.

Current Rent Reserved

Current Rent Reserved £52,000 per annum

Services

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

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,200 inc VAT

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