Red Lion, Cheadle Road, Cheddleton, Leek, Staffordshire, ST13 7HN

Grade II listed public house in Staffordshire Moorlands village set in 0.75 acres.

Cheddleton is a desirable Staffordshire Moorlands village close to the Churnet Valley Railway and Caldon canal. The area offers many countryside walks and is close to RSPB Coombes Valley and Peak Wildlife Park. The village lies between Stoke-on-Trent and the market town of Leek, and offers easy access to tourist attractions including Alton Towers, Trentham Estate and Gardens and Thor's Cave. The property lies on the A520 Cheadle Road and links to the M6 via the A500.

The Red Lion is a Grade II listed building of stone construction to the main with a brick, single storey extension to the rear. It dates back to the 18th century and is set over three storeys with a pitched tile roof. The property comprises:

TRADE AREAS
Carpeted PORCH with MAIN BAR to the right with interconnecting BAR SERVERY, quarry tile floors, open fireplace and exposed ceiling timbers. The RESTAURANT is to the rear and offers seating for 30; the room has dual aspect windows, an open fireplace and access to the patio area.
LADIES' and GENTLEMEN'S TOILETS offset.
LOUNGE BAR with carpet flooring, BAR SERVERY and seating for 12.
KITCHEN with Altro nonslip flooring and well equipped with hood canopy, WASH and PREP AREAS, 2 STORAGE ROOMS and access to GARAGE which has its own private on-street access.
CELLAR to basement with beer drop, STOREROOM, KEG ROOM and access to the wood constructed outdoor BAR.
FIRST FLOOR:
Private FUNCTION ROOM with carpeted floor, exposed wall and ceiling timbers, pool table, darts throw, feature fireplace and seating for 40.

OWNERS ACCOMMODATION
Located at first floor and comprising:
BATHROOM, HALLWAY, KITCHEN, LOUNGE, DOUBLE BEDROOM.
SECOND FLOOR:
2 DOUBLE BEDROOMS.

EXTERNAL
TRADE GARDEN comprising stoned area with two sheltered seating areas and picnic style benches for 80, leading on to a generous sized lawned area which has picnic style benches for 24 and offers potential for hosting fetes and community events. The garden extends to 0.75 acres. Steps leading up to PATIO with sheltered area and seating for 20 (accessible from the restaurant). There is also seating to the front of the property for 18 and a CAR PARK to accommodate 20 vehicles.

FREEHOLD £385,000 to include goodwill and fixtures and fittings. Stock at valuation in addition. 

No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.

OR, ALTERNATIVELY

Leasehold: £37,500 to include goodwill, fixtures and fittings. Stock at valuation in addition.
Term: Ten years.
Landlord & Tenant Act: Inside Part II Landlord & Tenant Act 1954.
Assignability: Fully assignable subject to Landlord's consent.
Bond: A bond equivalent to 3 months' rent in advance plus personal guarantees if the lease is taken as a Limited Company.
Rent: £29,400 per annum, paid monthly in advance.
Rent Review: Subject to rent reviews every third year of the term.
Repair liability: Part repairing and insuring lease agreement. This is not a full repairing and insuring lease with the freeholder retaining responsibility for the structure of the building. The lessee will be responsible for internal maintenance, repair and decoration as well as the decorative condition of the exterior of the property.
Tie: Free of all trade ties.
Insurance: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent.
VAT: VAT will be payable on rental payments.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.