Greystones, Greystones Road, Sheffield, S11 7BS

Description
The property is arranged over ground, basement and first floor of a detached two storey building with partially painted brick elevations beneath a pitched and hipped roof.

Location
Located in the City of Sheffield in the county of South Yorkshire, 37.0 mile (59.5 kilometres) east of Manchester and 33.0 miles (53.1 kilometres) south of Leeds.

The Greystones is situated fronting Road in a residential area which short distance west from the A625 where both local independent and national retailers operate.

Accommodation
Ground Floor: The ground floor provides a customer trading area split into a two room operation with the main front seating area providing an L shaped bar servery and seating on the loose tables and chairs for 80 customers. The rear function room has a public bar and stage area with seating capacity for 120 customers for live band performances. Ancillary areas include a trade kitchen and customer WC's.

Basement: Cellar and stores.

First Floor: The first floor comprises a living room, bathroom and kitchen along with the manager's office and staff accommodation which includes three rooms, a kitchen and bathroom.

Externally: There is front and side beer terraces with seating for 60 customers. To the side there is a car park for 16 vehicles.

Tenure
The property is held freehold (Title Number SYK526316).

Tenancy
The entire property excluding the substation outlined in blue on the attached promap is let to Thornbridge Taps Limited on a 20 year lease from 29 March 2016 at a current rent of £73,691 per annum which is subject to five yearly open market rent reviews and annual RPI increases (except in the open market rent review year). A rent deposit of £16,250 is held by the landlord.

Thornbridge Brewery was founded by Jim Harrison and Simon Webster in 2005 and has since grown to a state of the art brewery, 5 pubs and 3 licensed venues, all of which are located in Sheffield.

There is a substation outlined in blue on the above promap which is let to Northern Powergrid (Yorkshire) Plc on a 60 year lease from 1 January 1965.

Planning
The property is not listed or situated within a conservation area.

VAT
It is envisaged that the Property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis the purchasing entity is VAT registered.

EPC
C-62

Terms
We are instructed to invite offers in excess of £995,000 (7.0% NIY) assuming the usual purchasers costs.

Fixtures and Fittings
The fixtures and fittings are currently owned by the occupational tenant.

Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.