COMMERCIAL FOR SALE / TO LET
fishergerman.co.uk
The Crown Inn, Main Street, Tingewick, Buckingham MK18 4NL Sale Guide Price £350,000 Rent Guide Price £35,000 Per Annum • Grade II Listed Public House • Ample car parking
Approximate distances: • Buckingham Town - 3 miles • Brackley - 7 miles • Bicester - 9 miles
• In need of refurbishment • Prominent frontage
Viewings and further information: Simon Patrick
[email protected] 01295 226283 07887 594684
The Crown Inn, Tingewick Description
The property comprises a Grade II listed two storey semi-detached building, believed to date back to the 17th Century. It was formerly used as a public house, although it has not been so for a number of years. We understand that it requires substantial refurbishment and modernisation. Internally the property formally had a central serving area with seating to the front leading to a raised bar area and, to the rear, customer WCs, trade kitchen and stores. On the first floor there is residential accommodation comprising a reception room, two double bedrooms, one single bedroom, kitchen and bathroom.
Services We understand that the property has mains electricity, water and drainage connected, although as the property has not been used for a number of years, these may need upgrading and we recommend that they are extensively tested.
Planning The property has planning consent for a public house, however it is the proposed purchasers / tenants responsibility to satisfy themselves that their use is in accordance with this.
Terms and Tenure The property is available either for sale freehold or to rent leasehold for the whole with the following conditions: 1. Following the purchase of the freehold or leasehold interest, the purchaser or tenant shall put the premises into a state of good repair and maintenance consistent with the status of the building as being Grade II Listed. 2. The premises shall be used and open for trade between the hours of 12 noon to 11 pm Monday to Friday, 11 am to 11 pm Saturdays and 11 am to 1030 pm Sundays and Bank Holidays. The property is to be used as a public house within Class A4 Drinking
For Sale / To Let Establishment of the Town & Country Planning Use Classes Order 1987. 3. The seller will receive 95% of any uplift in value that results from the obtaining of planning permission for the change of use of the premises. The uplift in value will be the difference between the value of the premises at the time planning permission is granted and the value of the premises with the benefit of the planning permission. The 95% uplift of any value will become payable to the seller within six months of the date of granting planning permission.
Business Rates The property has a rateable value of £7,700, this has been obtained from the Valuation Office Agency website. For details of the actual business rates payable and any relief's that may be applicable please contact Aylesbury Vale District Council. The residential accommodation has a Council Tax banding of Band B, which for 2015/16 tax year gives Council Tax payable of £1,192.21.
EPC The property has an Energy Performance Certificate Rating of D, a copy of the report is available upon request.
VAT All prices are stated exclusive of VAT under the Finance Act 1989. Accordingly interested parties are advised to consult their professional advisors as to their liabilities, if any.
Viewing If you would like to view this property please contact our office to arrange a suitable date and time.
Did You Know? Fisher German can assist with all commercial property matters, including sales and lettings, valuations, schedules of condition, dilapidations, property management and rating. For further details please telephone 01295 226283. Date: October 2015