All Inn, 1 Staple Hill Road, Bristol, BS16 5AA
- SIZE AVAILABLE
6,621 sq ft
615 sq m
- SECTOR
Commercial property for sale
Key features
- Freehold public house investment
- Entire property let to The All Inn Pub Ltd who operate 9 pubs under DoDo Pub Company
- Recent tenant refurbishment
- Current rent of £103,600 per annum
- The rent is subject to five yearly open market reviews and annual RPI increases with a collar of 2% and cap of 5% (except in the open market review year)
- We are instructed to invite offers in excess of £1,250,000 (7.82% NIY)
- Property arranged over three levels: basement, ground and first floors
- Site extending to 0.152 acres
- Lease expires February 2043
- Business unaffected by sale
Description
The property comprises the ground, basement and first floor of a two storey detached building of brick elevations beneath a pitched and hipped roof.
Location
Located in the city of Bristol in south west England, 4.0 miles (6.4 kilometres) north east of Bristol City Centre and 11.9 miles (19.0 kilometres) west of Bath.
The All Inn is situated at the intersection between Downend Road (A432) and Staple Hill Road (B4465) within a largely residential area. Nearby occupiers include the Staple Hil Oak and the Van Dyck Forum (JD Wetherspoons).
Accommodation
Ground Floor: The ground floor provides an open plan trading area with a centralbar servery and seating on loose tables, chairs and bench seating for 94 customers. Ancillary areas include a trade kitchen, customer WC's and stores to the rear.
First Floor: The first floor comprises the customer WC's, office, kitchen stores, function room with seating for 46 customers and the managers flat with a bathroom and kitchen.
Basement: The basement provides a cellar and stores.
Externally: There is an enclosed customer area to the rear with seating on loose tables and chairs for 70 customers. Additional seating is provided to the front elevation for a further 40 customers. There is no car parking.
Tenure
The property is held freehold (Title Number AV210788).
Tennancy
The entire property is let to The All Inn Pub Ltd on a 20 year lease from 1 March2023 at a current rent of £100,000 per annum which is subject to five yearly open market reviews and annual RPI increases with a collar of 2% and cap of 5% (except in the open market review year). A rent deposit of £415 is held by the landlord.
Planning
The property is not listed however it is situated within the Stapleton & Frome Valley Conservation Area.
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 - 76
Terms
We are instructed to invite offers in excess of £1,250,000 (7.82% 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.
Similar Investment Opportunities
If you have an ongoing requirement for similar investment opportunities then please visit the following website for a selection of properties we are currently marketing:
Energy Performance Certificates
EPCBrochures
All Inn, 1 Staple Hill Road, Bristol, BS16 5AA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stapleton Road Station2.1 miles
- Filton Abbey Wood Station2.4 miles
- Bristol Parkway Station2.4 miles
Notes
Disclaimer - Property reference 287513-1. 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.
Map data ©OpenStreetMap contributors.