The George Inn
LICENSED | LEISURE | COMMERCIAL
The George Inn Gurney Slade, Radstock, BA3 4TQ
Freehold Investment For Sale Guide Price £275,000 Sole Selling Agents
•
Charming village public house fronting the A37
•
Passing Rent of £12,690 per annum plus a full drinks tie
•
Internal repairing lease expiring in 2020 to a private operator
•
Annual indexation on rent
01225 789343
The Bank, 18 Newbridge Road, Bath, BA1 3JX [email protected] www.jamesabaker.co.uk
Freehold Investment For Sale Guide Price £275,000 Sole Selling Agents
The George Inn Gurney Slade, Radstock, BA3 4TQ
Location Gurney Slade is a popular rural Mendip village located approximately 8 miles from the cathedral city of Wells and approximately 4 miles from the town of Shepton Mallet, which provides everyday shopping facilities, including a farmers market on Fridays. The property fronts the A37 and is situated alongside residential dwellings, a village store and a post office. Accommodation The George Inn is a substantial detached two storey property of stone construction beneath a pitched tiled room with extensions to the rear. Internally the ground floor trade areas comprise an open plan bar area for circa 35 covers with an interlinking restaurant area for a further circa 25 covers. There is a separate open games room with slot machines and a pool table located adjacent to the bar. The letting accommodation comprises two en-suite bedrooms accessed through a separate entrance located on the ground floor. The private accommodation comprises a lounge, kitchen, three bedrooms, bathroom and attic space for storage. Ancillary trade areas comprise customer WC's, a catering kitchen, storage cupboards and a cellar. Externally there is a rear lawned trade garden and patio for circa 25 covers, skittle alley and car parking for approximately 10 vehicles. The ground floor Gross Internal Area is approximately 4,312 square feet and the property sits on a plot of circa 0.35 acres. The George Inn offers an exciting opportunity to acquire a freehold investment with current income and future development potential.
01225 789343
The Bank, 18 Newbridge Road, Bath BA1 3JX [email protected] www.jamesabaker.co.uk
Freehold Investment For Sale Guide Price £275,000 Sole Selling Agents
The George Inn Gurney Slade, Radstock, BA3 4TQ
General Information Rating The current Rateable Value is assessed at £7,500 Licences It is understood that the property currently possesses a Premises Licence. Services We are verbally advised that mains electricity, drainage and water services are connected to the property. The property is served with LPG Gas and the boiler is oil fuelled. Trading The premises are currently open for trading. The current barrelage is around 100 per annum. Further details can be provided upon request. Tenure The property is let for a term of 5 years commencing 6th of January 2020. The pub is currently let to a private operator. The passing rent is £12,690 per annum. The lease contains fully repairing and insuring covenants. The lease is currently tied. Energy Performance Certificate The property has an EPC rating of D. A copy of the certificate is available upon request. VAT The property is elected for VAT, although it is anticipated that this will be treated as Transfer of a Going Concern (TOGC).
01225 789343
The Bank, 18 Newbridge Road, Bath BA1 3JX [email protected] www.jamesabaker.co.uk
Freehold Investment For Sale Guide Price £275,000 Sole Selling Agents
The George Inn Gurney Slade, Radstock, BA3 4TQ
Agent Details For further details please contact
Charlie Noad Agency Surveyor, Bath 07780599698 [email protected]
Molly Austin Agency Surveyor, Bath 07967026048 [email protected]
Disclaimer JAMES A BAKER for themselves and for the vendors of this property, whose agents they are, give notice that: 1. The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute part of an offer or contract. 2. Descriptions, dimensions, plans, reference to condition and planning permission for use and occupation and other details are given without responsibility and intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each item. 3. It is emphasized that in these particulars of sale, items of furniture, fixtures, fittings and equipment mentioned are for descriptive purposes only and do not necessarily form part of the trade inventory referred to above. 4. No person in the employment of James A Baker has any authority to make or give representation or warranty whatsoever in relation to this property. www.jamesabaker.co.uk
01225 789343
The Bank, 18 Newbridge Road, Bath BA1 3JX [email protected] www.jamesabaker.co.uk Viney Ltd Reg No 04515765. Registered in England and Wales. Registered Office: The Bank, 18 Newbridge Road, Bath, BA1 3JX. VAT Reg No 752840133
The George Inn Gurney Slade, Radstock, BA3 4TQ
Freehold Investment For Sale Guide Price £275,000 Sole Selling Agents
•
Charming village public house fronting the A37
•
Passing Rent of £12,690 per annum plus a full drinks tie
•
Internal repairing lease expiring in 2020 to a private operator
•
Annual indexation on rent
01225 789343
The Bank, 18 Newbridge Road, Bath, BA1 3JX [email protected] www.jamesabaker.co.uk
Freehold Investment For Sale Guide Price £275,000 Sole Selling Agents
The George Inn Gurney Slade, Radstock, BA3 4TQ
Location Gurney Slade is a popular rural Mendip village located approximately 8 miles from the cathedral city of Wells and approximately 4 miles from the town of Shepton Mallet, which provides everyday shopping facilities, including a farmers market on Fridays. The property fronts the A37 and is situated alongside residential dwellings, a village store and a post office. Accommodation The George Inn is a substantial detached two storey property of stone construction beneath a pitched tiled room with extensions to the rear. Internally the ground floor trade areas comprise an open plan bar area for circa 35 covers with an interlinking restaurant area for a further circa 25 covers. There is a separate open games room with slot machines and a pool table located adjacent to the bar. The letting accommodation comprises two en-suite bedrooms accessed through a separate entrance located on the ground floor. The private accommodation comprises a lounge, kitchen, three bedrooms, bathroom and attic space for storage. Ancillary trade areas comprise customer WC's, a catering kitchen, storage cupboards and a cellar. Externally there is a rear lawned trade garden and patio for circa 25 covers, skittle alley and car parking for approximately 10 vehicles. The ground floor Gross Internal Area is approximately 4,312 square feet and the property sits on a plot of circa 0.35 acres. The George Inn offers an exciting opportunity to acquire a freehold investment with current income and future development potential.
01225 789343
The Bank, 18 Newbridge Road, Bath BA1 3JX [email protected] www.jamesabaker.co.uk
Freehold Investment For Sale Guide Price £275,000 Sole Selling Agents
The George Inn Gurney Slade, Radstock, BA3 4TQ
General Information Rating The current Rateable Value is assessed at £7,500 Licences It is understood that the property currently possesses a Premises Licence. Services We are verbally advised that mains electricity, drainage and water services are connected to the property. The property is served with LPG Gas and the boiler is oil fuelled. Trading The premises are currently open for trading. The current barrelage is around 100 per annum. Further details can be provided upon request. Tenure The property is let for a term of 5 years commencing 6th of January 2020. The pub is currently let to a private operator. The passing rent is £12,690 per annum. The lease contains fully repairing and insuring covenants. The lease is currently tied. Energy Performance Certificate The property has an EPC rating of D. A copy of the certificate is available upon request. VAT The property is elected for VAT, although it is anticipated that this will be treated as Transfer of a Going Concern (TOGC).
01225 789343
The Bank, 18 Newbridge Road, Bath BA1 3JX [email protected] www.jamesabaker.co.uk
Freehold Investment For Sale Guide Price £275,000 Sole Selling Agents
The George Inn Gurney Slade, Radstock, BA3 4TQ
Agent Details For further details please contact
Charlie Noad Agency Surveyor, Bath 07780599698 [email protected]
Molly Austin Agency Surveyor, Bath 07967026048 [email protected]
Disclaimer JAMES A BAKER for themselves and for the vendors of this property, whose agents they are, give notice that: 1. The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute part of an offer or contract. 2. Descriptions, dimensions, plans, reference to condition and planning permission for use and occupation and other details are given without responsibility and intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each item. 3. It is emphasized that in these particulars of sale, items of furniture, fixtures, fittings and equipment mentioned are for descriptive purposes only and do not necessarily form part of the trade inventory referred to above. 4. No person in the employment of James A Baker has any authority to make or give representation or warranty whatsoever in relation to this property. www.jamesabaker.co.uk
01225 789343
The Bank, 18 Newbridge Road, Bath BA1 3JX [email protected] www.jamesabaker.co.uk Viney Ltd Reg No 04515765. Registered in England and Wales. Registered Office: The Bank, 18 Newbridge Road, Bath, BA1 3JX. VAT Reg No 752840133
