Half Moon Inn, The Street, Rushall, Diss, IP21 4QD

Description
The property comprises the ground and first floor of a two storey detached building with brick elevations beneath a multi pitched tile roof. There is a detached L shaped accommodation block to the rear of the car park.

Location
Located in the village of Rushall in the district of South Norfolk, 24.3 miles (39.2 kilometres) northeast of Bury St Edmunds and 16.2 miles (26.0 kilometres) south of Norwich.

The Half Moon Inn is situated in a rural area on Harleston Road which gives access to the A140 and nearby the 100th Bomber Group memorial and museum.


Ground Floor: The ground floor provides two interconnecting trading areas connected by the letting room reception area. The bar servery is located to the front of the property with the cellar behind this. The main bar area is located to the front of the property with a main dining area to the rear. Ancillary areas include a trade kitchen and customer WCs. To the right of the property is the managers accommodation which provides an office, WC, kitchen and living room, additionally there is a snug area that is used as a private dining room.

First Floor: The first floor comprises part of the managers house to the right elevation and includes three bedrooms and two bathrooms. A further two bedrooms are provided alongside storerooms, boiler room, and a WC in separately accessed first floor area.

Externally: There is an enclosed customer area to the rear with seating on loose tables and chairs for 30 customers. Additional seating is provided to the rear elevation for a further 16 customers alongside a children's play area. Gravel parking to front, side and rear for approximately 40 vehicles.

Additional Accommodation: Two outbuildings are provided and comprise six letting bedrooms and an antiques shop.

Tenure
The property is held freehold (Title Number NK135130).

Tenancy
The entire property is let to Arnold Marsh Limited on a 25 year lease from 20 July 2021 at a current rent of £45,427 per annum which is subject to five yearly open market reviews and annual RPI increases with a collar of 2% and cap of 4%. A rent deposit of £10,946 is held by the landlord.

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

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
D-99

Terms
We are instructed to invite offers in excess of £510,000 (8.5% 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.