Letters Inn, 2 High Street, Tattenhall, Chester, CH3 9PX

Description
The property comprises the ground, basement and first floor of a two storey mid terrace building with painted brick elevations beneath a pitched roof.

Location
Located in Tattenhall in the county of Cheshire, 12.2 miles (19.6 kilometres) north-east of Wrexham and 24.6 miles (39.6 kilometres) south-east of Liverpool.

The Letters Inn is situated fronting High Street in the centre of the village and surround by a mix of residential and commercial uses. Nearby occupiers include Sandy Bears Nursery, The Bear, The Sportmans and a number of independent retailers. Tattenhall Park Primary School is located a short distance to the north and Tattenhall Sports & Leisure Ground a short distance to the south.

Accommodation
Basement: The basement provides cellar and stores.

Ground Floor: The ground floor provides an open plan trading area with central bar servery and seating across a bar and dining area on loose tables, chairs and bench seating for 86 customers. There is a snug area to the front of the property with additional seating for 12 customers. Ancillary areas include a trade kitchen and customer WC's.

First Floor: The first floor living accommodation provides a kitchen, three bedrooms, managers office, bathroom, toilet and living room with dining area.

External: Externally, there is a raised beer patio to the rear of the property with seating on loose tables and chairs for 50 customers.

Tenure
The property is held on two freehold titles (Title Number CH106283 and CH98857).

Tenancy
The entire property is let to private individual on a lease expiring 12 June 2036 at a current rent of £39,065 per annum which is subject to five yearly open market reviews and annual uncapped RPI (except in the open market review year). A rent deposit of £8,040 is held by the landlord.

Planning
The property is not listed but is situated within the Tattenhall 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
C-70

Terms
We are instructed to invite offers in excess of £420,000 (8.92% 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.

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:

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.