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Pub for sale

Tanners, 32 Farm Field Court, Thorplands, Northampton, Northamptonshire, NN3 8AQ

3,382 sq. ft. | £95,000

Property Description

Commercial information

  • 3,382 sq ft (314 sq m)
  • Use class orders: A4 Drinking Establishments

Full description

Tenure: Leasehold

Location
The premises are located on Farm Field Court, Thorplands, Northampton. Farm Field Court is located approximately 4 miles to the north east of Northampton City Centre in a predominantly residential location.

Description
The premises comprise a predominantly two storey traditionally constructed Public House built on a sloping site with a lower ground floor, under a pitched tiled roof.

Internally the premises comprise a large refurbished ground floor trading area together with a further bar/function room at lower ground floor level and beer cellars. The first floor owner's accommodation comprises a series of bedrooms, kitchen, bathroom and living room.

Externally the premises benefit from a generous car park with loading area to the rear.

Planning
We understand that the Lease contains a restrictive user clause stating that the premises must remain as a Public House.

The property is not Listed nor is it situated within a Conservation Area. For further information please contact Northampton Borough Council on 0300 390 7000.

Business Rates
2010 Rateable Value 11,750
Rates Payable (2015/2016) 5,640

Price
95,000.

Terms
We are advised that the premises are held by way of a Long Leasehold with the Local Authority, which runs to 2074 at a current rent of 5,000 per annum, with 21 year rent review patterns.

The next review is 23 January 2017 and there are 62 years remaining on the Lease.

VAT
Please note that Value Added Tax (VAT) will be in addition to the purchase price.

Legal Costs
Each party will be responsible for their own legal costs incurred in this transaction.

Energy Efficiency Rating
A copy of the Energy Performance Certificate is available upon request.

Services
We understand that mains electricity, water and drainage are connected to the premises. However, we recommend that interested parties contact the relevant service providers to confirm this.

Viewing
Strictly by prior appointment through the sole selling agents, Musson Liggins.



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