Skip to content

Shropshire/worcestershire Borders - Character 'black And White' Village Inn

Guide Price
£400,000

Business rates & charges may apply

Sidney Phillips Limited, The Midlands
SIZE

Ask agent

SECTOR

Pub for sale

USE CLASSUse class orders: A4 Drinking Establishments and Sui Generis

A4, sui_generis_3

Description

The village of Neen Sollars is located within the beautiful south Shropshire countryside close to its border with Worcestershire, near to the River Rea. The village itself is approximately equidistant between the nearby towns of Kidderminster and Ludlow, but also three miles from the quaint market town of Cleobury Mortimer. A much sought after residential area with those migrating from Worcestershire, the "Black Country" and much larger Birmingham conurbation. Also popular as a drive to destination due to its close proximity to both of those urban areas.
 
The Live & Let Live is an outstanding character property, with the original property dating back to the thirteenth century with later extensions in the 1950s/60s. the property appears to be constructed in the main of timber and stone, with later block and brick extensions having tiled and flat roofing. The property enjoys immense character, having previously been owned by a skilled joiner, who acquired and mounted many carved panels which have been interwoven to the walls and serverys of the building, giving it a "near unique" effect. In addition to this, there's heavily beamed ceilings and panelled walls with a charm of their own. Another jewel of the premises is the outstanding trade garden, set to the rear of the public house with commanding views of the surrounding valley, which is extremely popular with many customers enjoying the business as a "drive to" destination.

FREEHOLD £400,000 to include goodwill, fixtures and fittings. Stock at valuation in addition. 

Or, alternatively:

LEASEHOLD: £35,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.
TERM: 5 years
LANDLORD & TENANT ACT 1954: Inside Part II Landlord & Tenant Act 1954
ASSIGNABILITY: Assignable subject to Landlord's consent
BOND: £6,000
RENT: £28,000 per annum in year 1, £30,000 per annum in year 2 and £32,000 per annum in year 3, paid monthly in advance
RENT REVIEW: Subject to rent reviews every third year of the term
REPAIR LIABILITY: Full repairing and insuring lease.
TIE: Free of all trade ties.
INSURANCE: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent

No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.

Shropshire/worcestershire Borders - Character 'black And White' Village Inn

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ludlow Station9.8 miles

About Sidney Phillips Limited, The Midlands

Shepherds Meadow, Eaton Bishop, HR2 9UA

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 95997. 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 Sidney Phillips Limited, The Midlands. 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.