Bell Inn, 3 Broyle Road, Chichester, PO19 6AT
- SIZE AVAILABLE
316-3,100 sq ft
29-288 sq m
- SECTOR
Commercial property for sale
Key features
- Freehold public house investment
- Entire property let to a private individual
- Property arranged over three levels: basement, ground and first floors extending to 3,100 Sq Ft (288 Sq M)
- Current rent of £41,759 per annum
- The rent is subject to annual RPI increases with a collar of 2% and cap of 5%
- We are instructed to invite offers in excess of £575,000 (6.92% NIY)
- Site extending to 0.106 acres
- Lease expires February 2033
- Business unaffected by sale
Description
The property comprises the ground, basement and first floor of a two storey detached building with painted brick elevations beneath a pitched and hipped roof.
Location
Located in the city of Chichester in the county of West Sussex, 16.5 miles (26.4 kilometres) east of Portsmouth and 20.3 miles (32.5 kilometres) west of Worthing.
The Bell Inn is situated fronting Broyle Road (A286) and is located within a predominantly residential area. The premises is situated a short distance from Chichester Leisure Centre and the Minerva and Chichester Festival Theatres.
Accommodation
Ground Floor: The ground floor provides two interconnecting trading areas with a bar servery and seating on loose tables, chairs and bench seating. Ancillary areas include a trade kitchen, customer WC's and stores to the rear.
First Floor: The first floor comprises an office, kitchen, lounge area and two double bedrooms.
Basement: The basement provides a cellar and stores.
Externally: There is an enclosed customer area to the rear and a garden for the private accommodation. There is parking to the rear for 4 vehicles.
Tenure
The property is held freehold (Title Number WSX257830
Tenancy
The entire property is let to a private individual on a lease expiring 17 February2033 at a current rent of £41,759 per annum which is subject to annual RPI increases with a collar of 2% and cap of 5%. A rent deposit of £10,192 is held by the landlord.
Planning
The property is not listed however it is situated within the Chichester 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-82
Terms
We are instructed to invite offers in excess of £575,000 (6.92% NIY) assuming the usual purchasers costs.
Fixtures & 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.
Viewings
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.
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Energy Performance Certificates
EPCBrochures
Bell Inn, 3 Broyle Road, Chichester, PO19 6AT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chichester Station0.7 miles
- Fishbourne Station1.6 miles
- Bosham Station3.0 miles
Notes
Disclaimer - Property reference 287601-1. 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, Southampton - 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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