Rent £22,000 pax
Public House And Premises, 42 Northgate, Oakham, Rutland, Leicestershire, LE15 6QS * Attractive Town Centre Property * Well presented accommodation * Self contained managers flat * Enclosed rear garden * New free of tie lease * Well proportioned trading area * Available immediately. * Rent - £22,000 + VAT
Location The Three Crowns Public house is situated on Northgate, which runs between Church Street and Station Road. Well positioned within a 5 minute walk to the Station and the Town Centre. Whilst occupying a prominent corner of Finkey Street, in a predominantely residential area. Oakham is the County Town of Rutland, the smallest County in the Country, and has a population of around 11,000 which is growing. Oakham is home to Rutland Water, the largest man made reservoir in the Country and this brings considerable annual tourist traffic with the Bird Fair attracting thousands of visitors annually. Oakham School (a private school for 11 - 18 year olds) is renown internationally and has both boarders and day pupils. This generates considerable demand on the hospitality sector. Property Description The property comprises a predominantly two storey period building which is understood to be constructed in the late 1800's of traditional brick construction under a pitched tile roof, with a flat roof elevation to the front. The internal ground floor accommodation is effectively an L-shaped trading area with bar counter and display back bar, with a range of free standing tables and chairs. A rear access leads to a separate W/C's and a ground floor cellar. Accommodation The property offers the following accommodation:* Main trading area 880 Sq Ft * Bar and wash up area 204 Sq Ft * Stores and cellar 155 Sq Ft * First floor domestic accommodation 1162 Sq Ft comprising a fitted kitchen, bathroom, living room and 3 good sized bedrooms. Services All mains services are connected to include Gas, electric and Water. With the heating system running from a gas bolier. These services have not been tested by the agent. Terms Offered for let on a new fully repairing and insuring lease, length to be agreed and at passing rent of £22,000 + VAT per annum. A minimum of a 3 month rent deposit will be required. Rates The current rateble value for the commercial elements according to the valuation office website is £28,750. The local billing authority is Rutland County Council. The first-floor accommodation is Council tax band A VAT We are advised that VAT will be chargeable on the Rent and on any Service charges and Landlords Insurance contributions required. Legal Costs Both Parties will be responsible for their own legal costs. Viewing Viewing is strictly by prior appointment via the joint sole agents Moores Commercial Tel: 01664 431330 or via email [email protected]
Parking On street parking only - permits may be available from the local authority. Other Finance may be available through Independent Financial Brokers and Moores Commercial would be please to make an introduction for you. The Brokers are completely Independent of Moores Commercial and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details.
Contact Details 36 High Street Oakham Rutland LE15 6AL www.moorescommercial.com Email: [email protected]
Tel: 01664 431330 %epcGraph_c_2_210% Important; we would like to inform prospective purchasers that these sales particulars have been prepared as a general guide only. A detailed survey has not been carried out, nor the services, appliances and fittings tested. Room sizes should not be relied upon for furnishing purposes and are approximate. If floor plans are included, they are for guidance only and illustration purposes only and may not be to scale. If there are any important matters likely to affect your decision to buy, please contact us before viewing the property.