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Boars Head, Boars Head Road, Crowborough, TN6 3GR

Offers in Excess of
£520,000

£188.82 per sq ft

Business rates & charges may apply

Savills, Margaret Street - Licensed Leisure
SIZE AVAILABLE

2,754 sq ft

256 sq m

SECTOR

Pub for sale

Key features

  • Freehold public house investment
  • Entire property let to an individual operator
  • Current rent of £39,500 per annum
  • The rent is subject to three yearly open market rent reviews
  • Lease expires May 2033
  • We are instructed to invite offers in excess of £520,000 (7.18% NIY)
  • Business unaffected by sale

Description

Description
The property comprises the ground and first floor of a two storey detached building with brick and hung tile elevations beneath a pitched roof.

Ground Floor: The ground floor provides an open plan bar and separate dining area to the rear with a central bar servery and seating on loose tables, chairs and bench seating for 42 customers. Ancillary areas include a trade kitchen, customer WC’s and a separate cellar to the rear.

First Floor: The first floor provides manager’s accommodation comprising three bedrooms, bathroom and lounge.

Externally: There is a patio and beer garden to the side and rear with seating on loose tables and chairs for 40 customers. There are two car parks which provide parking for approximately 25 vehicles.

Location
Located in a rural area in the county of East Sussex, 1.6 miles (2.6 kilometres) north east of Crowborough and 5.7 miles (9.2 kilometres) south west of Royal Tunbridge Wells. The area is known as The High Weald, an Area of Outstanding Natural Beauty.

The Boars Head is situated in a rural hamlet surronded by a small number of houses and farmland.

Availability_text
The accommodation comprises the following areas:

Virtual Tour


Tenure
The property is held freehold (Title Number EX253216).

Tenancy
The entire property is let to two private individuals on a 20 year lease from 16 May 2013 at a current rent of £39,500 per annum which is subject to three yearly open market reviews. A rent deposit of £6,346.45 is held by the landlord.

Planning
The property is Grade II Listed but it is not situated within a conservation area.

Data Room


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 that the purchasing entity is VAT registered.

EPC
An EPC is in the course of preparation.

Terms
We are instructed to invite offers in excess of £520,000 (7.18% NIY) assuming the usual purchasers costs.

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

Viewings & Contacts
All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff.

For further information and all viewing requests please contact the sole selling agents Savills.

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

Brochures

Boars Head, Boars Head Road, Crowborough, TN6 3GR

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Eridge Station1.3 miles
  • Crowborough Station1.8 miles
  • Ashurst Station4.2 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 150886-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Margaret Street - Licensed Leisure. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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