A Substantial Two Storey Public House Let on a Six Year FRI Lease For £42,000 Per Annum. (The Leaseholder is currently paying a reduced rent of £1,000 per calendar month)

The property comprises a mid terrace building arranged as a public house over ground and first floors.

Tenure

Freehold

Location

The property is situated on a mixed use road close to local shops and amenities. The open spaces of Victoria Park are within easy reach. Transport links are provided by Junction 7 of the M62.

Accommodation

Ground Floor Bar with Seating Area Disabled W/C (5,023 sq ft) First Floor Cellar Toilets (1,150 sq ft)

Exterior

The property benefits from a loading bay accessed to the rear of the building

Tenancy

The property is let on a 6 year FRI lease commencing 2nd February 2021 at a rent of £3,500 per calendar month with the rent rising to £4,000 per calendar month in year 3. Please note the tenant is paying a paying a reduced rent of £1,000 per calendar month and there is a further possibility the property could be offered with vacant possession on completion at the buyers request.

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 £1,500 inc VAT

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