All Inn, 1 Staple Hill Road, Bristol, BS16 5AA

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 central bar 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 £107,537 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 (8.12% 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.

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