White Horse Inn, Mark, Highbridge, TA9 4LT

Description
The property comprises the ground and first floors of a two storey detached building with part painted rendered and part exposed brick elevations beneath a pitched roof.

Location
Located in the village of Mark in the county of Somerset, 11.0 miles (18.0 kilometres) north east of Bridgwater and 12.0 miles (19.0 kilometres) south east of the seaside town of Weston super Mare.

The White Horse is situated fronting Mark Causeway in a residential area, which is a short distance from Church Street where operators such as Packhorse Inn, Watchfield Inn and Basonbridge Inns are located.

Accommodation
Ground Floor: The ground floor provides two trading areas with a central bar servery and seating on loose tables, chairs and benches for 80 customers. Ancillary areas include a trade kitchen, customer WC's, cellar and stores.

First Floor: The first floor provides a lounge, kitchen and two bedrooms, one with an en-suite.

Externally: There is a beer garden to the rear with seating on wooden benches for 50 customers alongside a wedding pavilion. There is parking to the rear for 25 vehicles.

Tenure
The property is held freehold (Title Number ST197926).

Tenancy
Entire property let to a private individual on a 20 year lease from 3 December 2019 at a current rent of £45,099 per annum which is subject to five yearly open market rent reviews and annual uncapped RPI increases from 3 December 2028 (except in the open market review year). A rent deposit of £9,797 is held by the landlord.

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

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

EPC
C - 70.

Terms
We are instructed to invite offers in excess of £555,000 (7.75% NIY) assuming the usual purchasers costs.

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.

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

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Viewings
All viewings must be made by prior appointment. For further information and all viewing requests please contact the sole selling agents Savills.